Best 20 HR Performance Management Software

The performance management system is the systematic procedure by which a company measures its employees’ performances. It is the approach through which the company aligns its mission, visions, goals, and objectives with available resources (manpower, material, money) systems, and set the priorities.

The execution administration framework is a constant procedure of characterizing and conveying the activity parts and duties, execution desires, and goals and setting their needs between the boss (administrator) and subordinates (workers). It incorporates association, office, and representative shared objectives and targets which are lined up with frameworks and assets. It is the channel of providing clarity about goals and also improving the business processes through various methods and mechanisms

Performance management software can help with normal small business processes, like employee reviews, compensation management, and succession planning.

Performance management software helps determine which employees are performing better than others so you can make informed staffing decisions.

By taking a data-driven approach to employee management, you can foster a company culture based on merit while addressing organizational needs.

Employee performance management software enables HR teams, managers, and employees to efficiently check for and provide performance feedback.

What is Performance Management Software System?

Performance management tools are digital tools that help managers track and measure employees' performance in their jobs. In an employee performance management system there are many data points used to determine an employee’s effectiveness within the company, creating a comprehensive profile that can be referenced at a moment’s notice when making key staffing decisions. By collecting and studying the data found within an employee performance management system, each employee can be compared to the company’s expectations as regards its values and goals to ensure only the best candidates remain in its workforce. Performance management software tools reduce the time and laborious working in employee performance management. 


15Five is a comprehensive performance management software system. 15Five provides a holistic software solution to HR team of any company to improve on management effectiveness, drive high performance and engagement. 15Five’s easy-to-use software, coaching, manager training, and community enables HR leaders to continuously measure engagement and performance, and empower managers to drive change.


Starting: $4

Hibob HRIS

Bob is an HR solution that makes employee management easy as well as digitalizes the work experience of employees, thereby driving engagement, culture, and productivity. Bob can be customized to suit your business operations —onsite, remote, or hybrid work. The platform enables HR and managers to enhance the performance and retention of staffers, leading to healthier and more productive teams. Bob offers features that allow companies to streamline their core HR processes like onboarding, performance management, and compensation management through automated workflows to increase efficiency, cover all touchpoints, and save precious time. Bob provides real-time quantifiable data that can inform strategic decisions that impact the bottom line. Bob helps dynamic companies bring out the best in their employees. Hibob HRIS has teams across the US, UK, Europe, Israel, and Australia, and serves over 1,400 modern, fast-growing, small, and mid-sized companies.

For nearly 25 years, Paycom has streamlined businesses and simplified life for employees. Our easy-to-use HR and payroll technology empowers workers by putting crucial information at their fingertips. And thanks to Beti®, those workers now do their own payroll. Beti is an industry-first solution that guides employees to find and fix costly payroll errors before submission. It’s a revolutionary addition to our comprehensive HR and payroll software. From onboarding and benefits enrollment to talent management and more, we eliminate administrative headaches that hold businesses back — all in a single app.


Paycom is leading the digital transformation in the American workplace. Our commitment to our culture and values led us to be named one of the World’s Most Innovative Companies by Fast Company and best employers in the U.S. by Top Workplaces. With approximately 34,000 clients across the United States (as of Dec. 31, 2021), Paycom has achieved a compound annual growth rate of 25% for 2018-2021. On April 15, 2014, Paycom became a public company with its shares opening for trade on the New York Stock Exchange under the ticker symbol PAYC. In early 2020, the company joined the S&P 500


UKG Pro is a powerful human capital management (HCM) software solution. With UKG Pro HCM, you can transform your business, as it offers a global workforce experience delivered through resilient and mindful HR technology. You can easily manage payroll,  talent retention, service delivery, surveys etc.

Pricing: Contact for quotes

Perform Yard Performance Management

Performance management is easy for everyone. PerformYard helps HR build its vision with endless and flexible features. Managers can complete feedback quickly with no unnecessary admin work. Employees have a record of their achievements to see where they stand. Automated review cycles: Distributing forms, sending reminders, collecting sign-offs, cleaning data, analyzing feedback, and compiling reports, with PerformYard it all happens on auto-pilot. Feedback in one place: 90 day reviews, annual rankings, project-based 360, client feedback, weekly check-ins, and everything else is easy to find and always available to managers and employees. Intuitive design: PerformYard is modern software, so everyone from the intern to the CFO can quickly find what they're looking for. Easy reporting: Feedback data is stored in one place and reports can quickly be pulled up within the platform. Compare individuals, and teams, or visualize performance over time. 

Fast Implementation: Migrating your performance management process does not have to be a big project. Our implementation team can have you up and running on PerformYard in as little as two weeks. Human support: We provide the best support in the industry, always human, on-the-phone, free, and unlimited.


Starting price: $5



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