- Free Version: Available for teams of up to 10
- Pricing: Premium plan $24/month (with a free 30-day trial period)
- Platforms supported: Available on mobile app (iOS and Android) or a web-based software
SafetyCulture (iAuditor)
Why use SafetyCulture?
SafetyCulture offers a comprehensive suite of features made for business performance management. The software allows you to conduct inspections and audits to find areas of improvement. On top of that, the app gives you real-time insights and analytics so you can gauge the organization’s performance and keep everyone on schedule. The app also helps you to stick to quality standards to ensure compliance, making it a great choice for modern businesses.
Features:
- Conduct inspections and audits with the use of inspection templates
- Generate reports to give you an idea of current organization performance
- Build workflows to help teams stick to schedules and quality standards
- Train employees in the best practices through the Training feature
- Communicate with teams through HeadsUp to keep everyone on the same page
Why use Namely?
Namely is designed for mid-sized businesses that can be your all-in-one HR solution for business performance management. With the app, you can track performance across multiple locations through a simple and intuitive interface. So, it will be easy to adopt this app within your organization.
Features:
- Intuitive interface
- Performance management
- Goal setting and tracking
- Free Version: No
- Pricing: Custom pricing
- Platforms supported: Web, iOS, Android
Why use Lattice?
Lattice is designed to make managing people and businesses much easier. With the app, you can streamline your performance management processes. Through Lattice, you can set goals for your company and teams while tracking them in real-time.
Features:
- Real-time goal tracking
- Remote team management
- Simple interface
- Free Version: No
- Pricing: Starts at $11 per user per month, billed annually
- Platforms supported: Web
Why use Workday HCM?
Workday HCM is an HR solution designed to make planning, talent management, and payrolls much easier. With this software, you can expect a much smoother performance management process while also using the software for other aspects of your business.
Features:
- Attendance management
- Training
- Onboarding
- Free Version: No
- Pricing: Custom pricing
- Platforms supported: Web, PC, iOS, Android
Why use Planful?
Great business performance management relies on solid planning. With Planful, you can set goals, create plans, and track them all on one platform. This makes it much easier for business to bring their performance management to the next level.
Features:
- Planning
- Forecasting
- Profit/loss statements
- Free Version: No
- Pricing: Custom pricing
- Platforms supported: Web, PC
Why use 15Five?
15Five is a tool that’s specifically designed for business performance management. The entire platforms aims to drive performance and make it much easier for managers to empower employees for a positive change in the workplace.
Features:
Reporting and analytics
Planning
Goal tracking
- Free Version: No
- Pricing: Starts at $4 per user per month, billed annually (with a free 14-day trial period)
- Platforms supported: Web, PC, iOS, Android
Why use Leapsome?
Leapsome is designed to help manage employees, which is crucial in managing overall business performance. It gives you a bird’s eye view of employee performance and ratings, making it muche asier to make corrections and apply solutions to take you to the next level.
Features:
- Employee management
- Performance management
- Manager to peer recognition
- Free Version: No
- Pricing: Starts at $8 per user per month, billed annually
- Platforms supported: Web
What is a Business Performance Management Software Used For?
Business performance management is key to your organization’s success. Tracking KPIs, general employee performance, and areas of improvement, however, is a really complex process. That’s why organizations can greatly benefit from using a business performance management software, a digital tool specifically designed to streamline performance management in an organization.
Importance
Business performance management is crucial in improving your organization and taking the company to the next level. It’s essential for companies to always monitor their performance and make improvements when necessary. However, if you do everything manually, you’re going to deal with a lot of paper and redundancy. On top of that, you’ll end up losing a lot of time and resources when you approach performance management traditionally.
This is why business performance management software is crucial in today’s environment. With these tools, business performance management will be easier and faster. That way, you save time and resources while still ensuring that the company has effective business performance management processes.
To streamline business performance management in your organization, it’s crucial to find the right tool for your needs. And since there are so many tools available right now, you need to take the time to analyze each option and decide which one fits your company.
Choosing the Right Business Performance Management Software
Knowing the best options on the market isn’t enough for businesses. It’s also important that your business performance management software fits your company’s specific needs. This is why comparing all the options against each other is crucial. So, here’s a quick comparison table of all the software we featured above.
| App Name | Free Version | Paid Plan | Mobile App |
| SafetyCulture | Yes | $24/user/month* | Yes |
| Namely | No | Custom | Yes |
| Lattice | No | $11/user/month* | No |
| Workday HCM | No | Custom | Yes |
| Planful | No | Custom | No |
| 15Five | No | $4/user/month* | Yes |
| Leapsome | No | $8/user/month* | No |
* billed annually
