10 Performance Management Tools Every HR Pro Should Know

True performance management is much more than the annual performance review.

Rather, it should be a continuous process with regular check-ins between managers and their team members that lead to better feedback, coaching and, hopefully, performance.

Effective performance management requires work, but there are a number of tools available to help you with your performance management at the individual, team, and organizational levels.

Best Performance Management Tool List

These are the top performance management solutions on my list.

  1. Inspire - Best integrated continuous performance management
  2. monday.com - Best performance management workflows with task management
  3. intelliHR - Best continuous performance management with people analytics
  4. Kallidus - Best user-friendly continuous performance reviews
  5. Kazoo - Best for employee growth plans
  6. Profit.co - Best agile performance management software
  7. Synergita - Best for performance management tied to OKRs
  8. eloomi - Best for performance appraisal goals and feedback culture
  9. Betterworks - Best performance management for enterprises
  10. Mirro - Best for peer-to-peer recognition

Performance Management Tools Comparison Criteria

What are we looking for when we select performance management tools for review? Here’s a summary of my evaluation criteria:

  1. User Interface (UI): Is it clean and attractive?
  2. Usability:  Is it easy to learn and master? Does the company offer good tech support, user support, tutorials, and training?
  3. Features & Functionality: 
    1. Review and Feedback – Are there pre-built evaluation templates to help with the review process? Is the employee performance review engaging and flexible? Do is there a way to positively call attention to top performance?
    2. Training & eLearning- Does the software have the means to create and implement training/eLearning courses for employees? Is content creation easy? Do any courses come with the software?
    3. Improvement Plans- Does the software have the capability to design and execute performance plans? Does it offer templates with which to do so?
    4. Reporting and analytics – Are the reporting tools robust, customizable, flexible, and visually appealing? Can they be used to provide employees with relevant performance metrics?  
  4. Integrations: Is it easy to connect with other tools? Any pre-built integrations?
  5. Value for $: How appropriate is the price for the features, capabilities, and use case? Is pricing clear, transparent, and flexible?

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Overviews of the 10 Best Performance Management Tools

Keep reading to get a basic outline of each of the top performance management tools on this list. I will go over their strengths and weaknesses as well as general features and software pricing. 

  • Upon request
  • From $5-11/user/month depending on number of employees and contract term

Inspire - Best integrated continuous performance management

Inspire Software integrates continuous performance management features and methodology with OKRs, complete recognition and feedback capabilities, learning, and leadership development. Inspire Software aligns the strategy to actionable processes—like goals or OKRs and feedback—with integrations employees are already using. You can perform goal-driven 1:1 conversations that address real needs in real time, utilizing built-in collaboration, feedback, and recognition features so your teams plan and stay focused on what’s important, and then celebrate their success all in one place. Formal performance management capabilities can be customized to your needs, including flexible templates and headers, grading, and more. They also offer a complimentary software orientation or “guided trial,” with multiple how-to videos. Longer pilots or trials are available upon request. Inspire Software integrates Workday, ADP, and other HRIS tools, as well as productivity tools like Slack, Microsoft Office, Google, JIRA, or your CRM. Inspire costs range from $5-11/user/month depending on number of employees and contract term.
  • Free trial
  • From $8/user/month

monday.com - Best performance management workflows with task management

monday.com makes it easy to set up custom workflows, so your team has a set process for everything they do.

monday.com is marketing mainly as a workflow tool for scaling an organization, but they’ve also built in a number of HR features, and specifically, some features for performance management. It’s not a pure HR tool but it’s a useful tool with a lot of the basics.

Some of the features monday.com offers for performance management is the ability to make surveys, tests and quizzes, and send these to employees. It also has integrated forms in the software, which can be used for anything in your company, but it’s especially useful in performance management to gather information about employee progress, opinions, and other types of employee feedback.

monday.com’s integrations include project management apps like Slack, Google Drive, Gmail, Google Calendar, Jira, GitHub, Trello, Dropbox, Typeform and many more, accessible through a paid plan with Zapier.

monday.com costs from $8/user/month and offers a free trial.

  • 30 days free trial and free Demo
  • From $3.90/user

intelliHR - Best continuous performance management with people analytics

intelliHR offers a performance summary dashboard for each employee, which tracks goals, training initiatives, and achievements.

intelliHR is a continuous performance management and analytics platform built for organizations to centralize performance management, employee engagement, and people data analytics. intelliHR provides best-practice performance tools for HR and managers to align, manage, and enable a people and culture strategy to encourage employee engagement and performance.

intelliHR allows organizations to automate performance review cycles, cascade business goals, and drive sustainable performance. Performance improvement plans, streamlined check-in records, and automated performance reports are all recorded on each team member’s profile so it won’t be lost or forgotten in their next review. intelliHR’s performance tools help reduce recency bias, manager burden, and ensure more satisfied review completions.

Another feature highlight is performance analytics, which collects real-time data through features like goals, feedback and check-ins. Leaders can use performance analytics to identify high performers and support those who need a little help – all without running a single excel report.

intelliHR has an industry-leading NPS of 61, with an award-winning customer support team experienced in HR and change management. The team uses design thinking workshops, tailored to each customer, to ensure the software is launched smoothly, with a high adoption rate.

intelliHR costs from USD$3.90/user. They also offer a free demo and a 30-day free trial of the employee engagement product tier.

  • Free demo
  • From $8,000/year

Kallidus - Best user-friendly continuous performance reviews

Perform lets you set, check, track, prioritize, and archive objectives with simple and effective visuals.

Kallidus Perform is a continuous performance management tool that lets managers and team members check in, comment, and track progress throughout the year. Team leaders can modify objectives and book in short conversations as and when they are needed. Used by brands like JYSK, Co-op, Tesco, and DHL, Perform was designed to make the employee appraisal process easier to access and therefore more likely to achieve results.

Kallidus Perform’s UI is designed to meet the needs of the modern organization and the new world of work, enabling check-ins and reviews anytime and any place. With Perform in place, traditional paper-based appraisal systems can be quickly and completely replaced, reducing costs, saving time, and increasing security.

Kallidus Perform boasts features like flexible objectives, frequent feedback, collaboration tools, coaching solutions, a manager dashboard, and customizable notifications. They also integrate with other Kallidus software for HRIS, recruitment, learning management, talent and succession planning, and BI reporting.

Kallidus Perform starts at $8,000/year and they offer a free demo.

  • From $4.25/employee/month

Kazoo - Best for employee growth plans

Kazoo lets you track your goals and progress and encourages you to ask for feedback.

Kazoo’s continuous performance management solution lets you set, align, and update goals whether you use OKR, SMART, FAST, or other methodologies. On Kazoo, you can track goal progress and risk status and conduct performance reviews.

Kazoo also lets you schedule 1-on-1 performance conversations, regular check-ins, and request and give feedback with pre-built templates and surveys. Kazoo saves and syncs this data for use in future performance reviews.

Kazoo integrates with BambooHR, Namely, Rippling, Speakap, and Verb. More integrations are available through their API and SFTP.

Kazoo costs from $4.25/employee/month.

  • freemium version
  • 30 Days. No Credit card required
  • From 7/user/month (billed annually)

Profit.co - Best agile performance management software

The Profit.co performance management dashboard flags overdue or upcoming self/manager/peer assessments.

Profit.co performance management software (PMS) utilizes the power of OKRs to drive unbiased performance appraisals and enables organizations to align employee development goals with the corporate objectives. Continuous performance management brings agility to have a customizable review cycle—annual, half-yearly, quarterly, and even project-based.

Profit.co boasts affinity-based reviews and 9-box matrix evaluation which helps to provide a 360-degree assessment of employees. The other key features like performance calibration, employee engagement, CFR, individual development plan, and performance improvement plans make it a comprehensive Agile PMS platform for companies of any size.

Profit.co is best suited for any organization looking for a simple replacement to their existing typical PMS and for those who leverage the concept of OKRs already. Managers can leverage step-by-step custom OKR creation for corporate, department, team, and individual goal setting. That way, self-reviews and 1-on-1s with team leads have a solid basis for performance measurement for each review cycle.

Profit.co integrates with Slack, Microsoft Teams, Gmail & Google Workspace, MS Excel, JIRA, monday.com, Salesforce, Azure DevOps, Tableau, Favro, Snowflake, My SQL, Google Big Query, Microsoft Azure, Office 365, Okta, and Bamboo HR. Additionally, connections can be unlocked through a paid plan with Zapier.

Profit.co offers the PMS module at absolutely no cost for 5 users. The regular pricing of the PMS module is just $7/user/month (billed annually) which includes OKR management & task management modules.

  • freemium version
  • 7 days free trial
  • From $4/user/month

Synergita - Best for performance management tied to OKRs

Synergita's dashboard lets you customize what performance data you are seeing and tailor it to your workforce goals.

Synergita is a web-based performance management platform that is available on both iOS and Android gadgets as well. It provides agile 360-degree feedback, employee engagement tools, peer-to-peer recognition, and OKR solutions. Synergita is used by companies like Aspire Systems, Indegene, GlobalEdge Software, and Turbo Energy.

Synergita is a lightweight, results-focused objective and key results solution that enables organizations to launch OKRs instantly to specific functional teams or across entire organizations. It comes with features such as matrix goals management, continuous check-ins, AI-powered semantics analysis, 1:1 meetings, and smart promotion management.

Synergita offers HRIS Integration and SSO Integration. It also offers integrations with your existing ERP/HCM including ADP, Sage, PeopleStrong, PrismHR, and other tools.

Synergita costs $4/user/month and offers a 7-day free trial.

  • Free demo
  • Pricing upon request

eloomi - Best for performance appraisal goals and feedback culture

Managers can have a full overview of the department performance or the single employee’s progress, set goals and get reports easily.

eloomi’s performance management solution is an intuitive and user-friendly platform that helps organizations around the world to support their employees’ development. The tool empowers team leaders to build a great performance culture with features like appraisal goals, pre-made templates, targeted objectives, continuous feedback, operational checklists, and automated reports/insights. The platform is fully customizable and allows organizations to create a digital tool that perfectly reflects the company’s identity.

eloomi allows you to set visible strategic goals, access historical data, and have performance dialogues based on employee individual development. Managers and platform admins can get a full overview of team members’ progress and create meaningful conversations to support employees.

With eloomi, users can request trusted feedback and get a complete understanding of their performance and potential. In this way, eloomi enables people development by offering a clear skill analysis for future improvements. Managers can support their teams with an effective personal development plan, better 1-on-1s, and coaching sessions.

You can enhance your company’s feedback culture using my360+ or integrate eloomi LMS to engage employees with inspiring content and unique learning modules.

eloomi offers pricing upon request and a free demo is available.

  • Free trial and demo
  • From $8/user/month

Betterworks - Best performance management for enterprises

Betterworks continuous performance management methodologies combine OKRs (objective and key results), ongoing performance conversations, real-time feedback, and recognition. Betterworks also offers insights and analytics, performance calibration, employee engagement, and best practices for program design, change management, and adoption.

Performance conversation cycles can be managed by HR teams with manager self-service options for off-cycle conversations. Performance management driven by goal transparency and alignment are prioritized on Betterworks, allowing team members to track and coach on cross-functional objectives just as simply as their own.

The design, configuration options, and rollout could be overkill for organizations looking for a simple replacement to their existing annual performance review process. Betterworks is best suited for midsize and enterprise organizations that need to do an organization-wide shift from annual performance reviews to a continuous performance management process.

HRIS integrations include SAP SuccessFactors, Workday, Ultimate Software, ADP, BambooHR, and Oracle. Integrations to productivity and communication tools include Google, Microsoft, Slack, Jira, G Suite, Asana, GitHub, Salesforce, and Udemy.

Betterworks costs from $8/user/month. They also offer a demo and free trial.

  • From $5.67/user/month

Mirro - Best for peer-to-peer recognition

Mirro lets you track each team member's check-ins, performance, and achievements.

Mirro is a cloud-based performance management software tool that enables you to set and track OKRs. It is best suited to goal-oriented companies that want to develop a transparent, people-first culture.

Mirro lets you praise, endorse, and celebrate team members both in private or in public. It also comes with features that allow users to ask for feedback anytime from anyone. Over time, users can see how far they’ve come and what they’ve accomplished in a personal view of their development. Mirro also allows you to see how team members are interacting with their peers and managers and lets you take the necessary steps for improvement.

From the onboarding check-in to the exit interview, Mirro provides a complete hire-to-retire trackable and actionable experience, publicly congratulating users for each milestone passed and each achievement unlocked.

Mirro integrates with tools such as Slack, Google Calendar, Google Sheets, Salesforce, and more.

Mirro costs from $5.67/user/month.

Best Performance Management Tools Summary

Software Overview Free Option Price Site
Inspire Inspire logo Read Inspire features & functionality

Upon request

From $5-11/user/month depending on number of employees and contract term Check out Inspire
monday.com monday.com logo Read monday.com features & functionality

Free trial

From $8/user/month Check out monday.com
intelliHR intelliHR logo Read intelliHR features & functionality

30 days free trial and free Demo

From $3.90/user Check out intelliHR
Kallidus Kallidus logo Read Kallidus features & functionality

Free demo

From $8,000/year Check out Kallidus
Kazoo Kazoo logo Read Kazoo features & functionality Not Available From $4.25/employee/month Check out Kazoo
Profit.co Profit.co logo Read Profit.co features & functionality Freemium version

30 Days. No Credit card required

From 7/user/month (billed annually) Check out Profit.co
Synergita Synergita logo Read Synergita features & functionality Freemium version

7 days free trial

From $4/user/month Check out Synergita
eloomi eloomi logo Read eloomi features & functionality

Free demo

Pricing upon request Check out eloomi
Betterworks Betterworks logo Read Betterworks features & functionality

Free trial and demo

From $8/user/month Check out Betterworks
Mirro Mirro logo Read Mirro features & functionality Not Available From $5.67/user/month Check out Mirro

Other Performance Management Tools

Still haven’t found the right performance management tool for your team? Here are some performance software options that didn’t make the top 10 list but still deserve a special mention. Check them out!

  1. Factorial – Best customized review questionnaires
  2. SAP – Best for those already in the SAP software ecosystem
  3. Employment Hero – Best better one-to-ones
  4. Traqq – Best performance management tool for remote work
  5. Reflektive – Best goal alignment with gamified engagement
  6. Lattice – Best for SMBs
  7. BambooHR – Best onboarding system
  8. Leapsome – Best performance management with personalized learning
  9. Zoho – Best for those already in the Zoho ecosystem
  10. Engagedly – Best proactive succession planning
  11. 15five – Best for startups
  12. CakeHR – Best visual goal charts
  13. PiiQ by Cornerstone – Best easy-to-use performance and learning solution
  14. Namley – Best for mid-sized companies

Performance Management FAQ

Here are answers to some general questions before diving into the best performance management software.

What is performance appraisal?

Employee performance appraisal is a type of performance management process that assesses the productivity and effectiveness of an employee that serves both administration and development purposes. This type of performance appraisal process allows you to provide feedback and identify areas for improvement.

How much does a performance management system cost?

Pricing depends on the tool itself, although tools typically follow a pricing model of pay-per-user, pay-per-employee, or pay-per-appraisal. The cost per employee or user can range anywhere from $3 to $10 with implementation fees ranging from $800 to $2000.

How do performance management tools work?

Performance Management tools are a type of HR software that helps organizations track employee performance in a consistent and measurable way. It ensures that cross-functional departments are working effectively and collectively towards achieving the same goal. Having a performance management tool in place speeds up the performance process to deliver reports faster.

What are performance management techniques?

There are many performance management tools and techniques to ensure steady success within your organization. Such techniques include: setting SMART objectives, Performance Appraisals, Providing Coaching, Objective Management, Personal Development Plans, and Reward and Recognition.

Want more insights into the staffing and recruiting industry? Check out our other lists of staffing tools and info:

  1. Performance software is often accentuated by OKR software (Objectives and Key Results), so you know what to align goals around. Try Top 10 OKR Software To Jumpstart Your Business.
  2. You can also find performance management modules in a lot of larger software suites designed for larger HR departments—check out the 10 Best Talent Management Systems.

What Do You Think About These Performance Management Tools?

Have you tried out any employee performance evaluation vendors listed above? What performance management software company do you prefer during your day-to-day? Let us know in the comments.

Did you know that how engaged an employee is plays a huge factor in their performance? Check our list of the 10 Best Employee Engagement Software for a happy workplace.

If you find that you’re not quite ready for the help of a software, here’s something we’re sure can be of help: How To Optimize Your Performance Management.

Need expert help finding the right Performance Appraisal Software?

We’ve partnered with the software comparison portal Crozdesk.com to help you find the right solution. Crozdesk’s Performance Appraisal Software advisors can give you independent advice and shortlist software products that best fit your specific needs. Our partnership gives you free access to their tailored software selection advice and community negotiated discounts, taking the hassle out of the research process.

It takes just a minute to submit your requirements and they will give you a call at no cost or commitment. You’ll get custom product shortlists covering the top solutions that best fit your specific needs from their team of software experts (via phone or email) and they can even connect you to your choice of the selected vendors. To get started, please submit the form below:

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