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Compare Employee Performance Review Software

This page is managed by
Erin Osterhaus, Market Research Associate
Last updated: November 25, 2014

Top 10 Most Recommended Employee Performance Appraisal & Review Software Systems

 
HRM Direct Recommended as a solution for small to mid-sized companies, HRM Direct allows managers to easily post jobs and screen candidates. Its automated reporting ensures EEO and OFCCP compliance and assists with streamlining hiring.
        26 Reviews
 Price
 Demo

149

Recommendations
in the last 30 days
Ascentis Many small and mid-sized organizations rely on Ascentis HR's intuitive on-demand HRIS applications to streamline the process of evaluating and reviewing employee performances with their everyday HR processess.
        10 Reviews
 Price
 Demo

101

Recommendations
in the last 30 days
Halogen Talent Management Suite Halogen makes it easier for companies to build and maintain a world class workforce. Industry-specific solutions to address unique requirements and challenges in healthcare, professional services, the public sector and more.
        15 Reviews
 Price
 Demo

91

Recommendations
in the last 30 days
TribeHR TribeHR offers stand-alone personnel tracking, applicant tracking, recruiting, performance reviews, goal management, absence management, and more. Social, intuitive, flexible system designed for small to mid-sized businesses.
         1 Review
 Price
 Demo

86

Recommendations
in the last 30 days
Cornerstone Growth Edition Cornerstone Growth Edition should be on the shortlist of software for anyone interested in making the most of their evaluation and review process. This engaging system is perfect for small to mid-size companies.
         5 Reviews
 Price
 Demo

81

Recommendations
in the last 30 days
 

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Salesforce Work.com Work.com (formerly Rypple) is part of the Salesforce.com family. This social performance management system is most commonly used by organizations looking to improve alignment, performance measurement, and employee motivation.
       0 Reviews
 Price
 Demo

72

Recommendations
in the last 30 days
Epicor HCM Great for growing businesses or large enterprises, Epicor HCM offers the utmost in functionality. Its employee evaluation module allows managers to review performance goals and syncs with a full range of scalable HR functions.
        1 Review
 Price
 Demo

57

Recommendations
in the last 30 days
Sage HRMS (formerly Sage Abra) When it comes to automating your evaluation and review processes, Sage HRMS knows just what you need. Developed for small and mid-sized businesses by expert HR professionals, this well-known, widely-used system delivers.
       0 Reviews
 Price
 Demo

55

Recommendations
in the last 30 days
SutiHR SutiHVM’s suite of HR applications offers performance review and appraisal software that can be implemented in almost any industry. SutiHVM provides flexible deployment options, such as Android, iPad and Mac-compatibility.
       0 Reviews
 Price
 Demo

41

Recommendations
in the last 30 days
Threads A web-based system, Threads helps businesses easily find and hire employees that match their company's culture. Internally, Threads can also provide actionable feedback to help you identify high performers.
        3 Reviews
 Price
 Demo

40

Recommendations
in the last 30 days
 
 


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Buyer's Guide

Employee reviews are arguably the best opportunity an organization has to energize and motivate its employees. Managers get a chance to sit down and have a one-on-one conversation with employees, as well as give and receive 360-degree feedback. For many organizations, though, the process of scheduling, executing and documenting reviews can be incredibly arduous. Relying on traditional methods, managers and human resources (HR) professionals are left with countless paper forms and records to review and file, which takes away from time and energy spent on the review itself. 

There are more than 100 different employee performance management software solutions available for modernizing and automating the evaluation processes in an organization. With so many options to review, it’s no small task to find the best fit for your organization. That’s why we have written this buyer’s guide to help you identify the right solution.

Here’s what we’ll cover:

What Is Employee Evaluation Software?
What Type of Buyer Are You?
Benefits and Potential Issues
Market Trends to Understand
The Vendor Landscape

What Is Employee Evaluation Software?

Employee evaluation software systems automate the cumbersome—and often time consuming—task of regularly evaluating employees. With the right evaluation and employee management software in place, the challenge of strategically developing your organization's workforce becomes a collaborative effort with tangible results. These systems enable employers to focus on identifying top talent and developing employees to better fit the needs of an organization. Employee appraisal software also makes it easier for managers to track employees’ goals and performance throughout the year, and then share this information with authorized users across the organization.

The HR software market is growing, and the emergence of new strategic companies has pushed all vendors to increase the pace of innovation. One major change in HR and talent management software has been the move toward cloud computing. Cloud computing, also known as Software as a Service (SaaS), is a model in which the software vendor hosts the application on the web, making it easy for you to securely access the application through any Web browser.

One key benefit of Web-based software is that users can access the system from anywhere. With this model, employees can log in and perform self reviews, view past reviews, view recent achievements against goals set and schedule reviews without bothering the busy folks in HR. Managers can set reminders, run performance reports, flag top talent for advancement and then easily share this information among departments. Traditionally, these activities were more limited to the HR department, where a much smaller set of employees had access to older client/server systems.

Employee review software functionality includes:

  • Performance notes

  • Goal tracking

  • Information sharing

  • Stack ranking

  • Electronic record-keeping

  • Interdepartmental communication

  • Real-time reporting

  • Performance rating

What Type of Buyer Are You?

Before reviewing employee performance evaluation software, it's important to assess what type of buyer you are. We believe that 90 percent of buyers fit into one of these categories:

Best-of-breed buyers. These buyers work for organizations looking for ways to specifically enhance their review processes. The organization may already have an HR system in place, but needs a better solution with measurable results to monitor, track and review employees. These buyers want straightforward, simple-to-use tools that can be implemented into their complex HR operation with minimal interruption. High functionality is key, and best-of-breed performance appraisals systems are the best place to start.

Integrated suite buyers. These buyers work for organizations where some of the HR processes have become disjointed and inconsistent. Their current processes for performance reviews may be outdated, and they struggle to easily identify and cultivate key performers. These buyers are interested in improving existing human resources systems across the board to create a more efficient, effective process for both managers and employees. Integrated HR suites with a robust portfolio of applications, including well-developed employee evaluation systems, offer the best solution for these buyers.

Cost-conscious buyers. These buyers work for organizations looking to roll out a modernized performance appraisal process that engages and motivates their talent to its fullest potential while keeping costs low. Although there are inexpensive on-premise options available, the SaaS model—which runs on a monthly service fee is changing the industry. That means organizations with more limited resources can now take advantage of feature-rich performance appraisal solutions for less.

Benefits and Potential Issues

Thanks to recent developments in the employee evaluation software market, updating processes to engage, energize and retain talent is less daunting. It’s just a matter of performing thorough performance management software comparisons and finding the right system that can handle your unique needs today and in the years to come. By implementing a new system and modernizing your approach to reviews and workforce development, your organization has a great opportunity to build culture, while attracting and retaining top talent.

Many managers lack the time required to effectively execute annual reviews. Reviewing paper records, submitting forms and manually tracking performance throughout the year can be a hassle. Consequently, organizations often miss out on the full value of the information generated in the review process. Not to mention, development and retention strategies are difficult to enforce, and top talent can slip through the cracks. By failing to take advantage of the performance appraisal software available to them, organizations run the risk of hurting their bottom line.

Market Trends to Understand

When researching employee performance review software, there are a number of market trends you should understand:

Software-as-a-Service. Cloud computing has changed the way we do HR. SaaS provides a user-friendly, Internet-based option for adding new functionality and accessibility for your employees. By giving them access to employee evaluation solutions anywhere they have Internet access, SaaS connects all parties involved, making the review process much more collaborative. With SaaS, HR solutions are also easier to implement than ever, which means faster adoption and improved user accessibility. Although the best-of-breed SaaS options offer best practices and allow for configuration to meet your needs, it's important to note that specific customization options can be limited.

Consolidation. Recently, larger software companies have aggressively acquired many best-of-breed solutions to strengthen the arsenal of their integrated suites. For buyers, this means increased functionality and integration with the rest of your HR system. This is especially important in the employee review process, as it broadens the scope of reviews to encompass an employee’s entire lifecycle within an organization. Employee information that previously existed in silos is now centralized and highly visible for managers, enabling organizations to identify top performers and focus their retention efforts strategically. Be sure to lock in rates and service terms, though, as disruption in service can occur when vendors are acquired.

Strategic HR. Basic HR such as payroll, benefits management and human resource management systems (HRMS) now serve as the backbone for a much larger, more complex organism. This complex organism, or “strategic HR,” encompasses the functions and processes associated with talent management and workforce management. HR software developers have turned out a number of products aimed at making concepts like talent pooling, proactive management and strategic development more tangible and attainable for organizations. The emergence of SaaS has had a strong impact on the emerging relevance of strategic HR, and organizations would be wise to tap into performance appraisal systems that put the right tools in their hands.

The Vendor Landscape

These types of buyers... Should evaluate these systems...
Best-of-breed buyer iCIMS Talent Platform, ReviewSNAP, Plateau
Integrated suite buyer Ascentis, Sage Abra, SAP ERP Human Capital Management
Cost-conscious buyers TrakStar, SuccessFactors, Sonar6



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