Performance Management is vital to every organisation, as it helps to ensure that employees and organisational resources align with the company’s goals and objectives. Keeping track of performance can also alert the company to what’s not working, or to obstacles stopping the achievement of the company’s plans.
Since performance management is critical to organisational success, more and more businesses are adopting performance management software to simplify analysing and tracking employees’ performance.
If your organisation is thinking about purchasing a performance management software, here are a few things to consider:
Line managers and HR professionals who will oversee performance reviews are already extremely busy people. Avoid sinking funds into a software that is difficult to use or understand. Otherwise, you’ll find that you are wasting time on a system that requires your IT unit’s attention before you can complete any function and wasting funds on software that your staff will avoid using as much as possible, which defeats the purpose.
2. Availability of Important Features
Before you purchase a performance management software, ask questions to discover if the software has the necessary features and functions to make it a good fit for your company.
For example, will the performance software let you apply ratings and scores to individual employees and access their past performance details? Will it allow you to operate 360-degree reviews or use a Balanced Scorecard method? Can employees access the system through a self-service feature?
Ask the questions that are vital to you as an organisation to determine the software that would best suit your needs.
3. Integration With Existing HR Systems
Integration with existing HR software/systems will allow your HR processes to run seamlessly and create more value for money. So it is very important to be sure that your intending performance system will allow you to integrate with your organisation’s existing HR software? If you do not have an existing HR software system, then you have the benefit of starting on a clean slate.
4. Availability of Software Support
Before you buy a performance management software, you should ensure that you are working with vendors who will hold your hand through implementation, help you understand and optimise the product, and be readily accessible to walk you through any technical challenges. Each software is unique in its structure and features, so you will need vendors to be available to properly on-board you and your team to optimally use the software.
5. Cost Considerations
While a performance management software is an essential tool for any organisation, you must also check to ascertain that you are getting the best product at the right price fit for your company. Ensuring that your organisation finds the right performance management system can be quite an intense task, but it is well worth it for how it eventually simplifies the process.
SeamlessPerformance is the performance management software from SeamlessHR that helps organisations improve employee productivity. With SeamlessPerformance, you can do weekly and monthly performance tracking of OKRs and Balanced Scorecards, helping your teams work together to achieve and even surpass shared goals