Whether you have a small business or large business, you will need tools to create a clear job description, hire the right candidates, train your staff correctly and ensure that your employees are meeting job requirements. However, performance evaluation is not a new concept. Back in the days, managers and employers used to conduct a quarterly or annual meeting to discuss if the performance was up to the par. 

Performance evaluation has become better with modern technology. Since in times gone by, managers did not have high-tech tools to be sure about if the candidate they are hiring is suitable for the job profile and meeting all job requirements, companies had to bear umpteen losses, but technology has overcome all these challenges. 

Performance management software provides a new means to evaluate the performance of employees. You can keep tabs on your employees on an ongoing basis. Since everything is digital, you can access all information in real-time. The best part of this technology is it has surmounted the challenges of the traditional system. Here are the best performance management software solutions you should use for your business.

Lattice

A business grows when you have high-performing teams. Whether you have an in-house team or remote team, you can engage your team with these performance management software solutions. With the help of these solutions, you can create a winning culture at your workplace. Here are the features of Lattice: 

• It will help you track each employee’s performance that you can use as a basis for preparing formal feedback. 
• You can have a meaningful conversation with your employees, discuss projects and provide constructive criticism. 
• You can share all updates – be it project-related updates or timings, meetings, and the like. 
• You can acknowledge the hard work of candidates and share a praise note to motivate them to keep it up and encourage others to work like that. 
• You can set up an onboard process to make sure that your employees become familiar with your organisation at once. 
• Lattice helps provide continuous performance management. It can integrate with other tools like Slack, G Suite, Zenefits, and so on. 

It is an ideal solution for employers, employees and HR managers. Regardless of the size of your organisation, it can fulfil all your needs. 

HR Cloud

As the name suggests, HR Cloud software manages all HR functions from hiring to retirement in one place. Hiring the right candidate is always one of the most significant concerns in the HR department. 

It consumes a lot of time, and yet there is no guarantee that the person you are hiring will meet job requirements. However, HR Cloud can attract the best talent and speed up the hiring process with the one-click job posting. Here are the features of HR Cloud: 

• It can automatically run your job ads across all job portals just in one click. The HR team can communicate in real-time using HR Cloud. 
• It can allow you to gather constructive feedback from candidates to enhance the hiring process. 
• It provides a setup for the onboarding process. It keeps it paperless and devoid of human interaction. It ensures everything from documentation to productive discussions. 
• You will get a real-time view of employee performance and can issue a performance improvement plan right when you notice a slipup in the performance of employees. 
• You can also manage leaves with Hr Cloud. From creating a leave policy to accepting and rejecting leaves, HR Cloud can do everything. 

15Five

15Five can help you motivate your team regardless of their location. Here are the features of 15Five: 

• You can provide feedback to all of your employees based on their performance.
• You can maintain transparency as you can discuss everything from projects to feedback on this platform. 
• As a manager, you can provide training to your employees. It can help you have an insight into the real-time performance of your employees anytime. 

Businesses of all shapes and sizes are running remotely, and hence it becomes crucial to have a software solution to manage the performance of your employees. When it comes to managing remote employees, you can consider it a top recommendation. 

Reviewsnap

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For organisations, it is paramount to set SMART goals. Reviewsnap can help you put these goals. This is one-size-fits-all software solutions. From designing job descriptions to setting up the onboarding process, sending email notifications, evaluating employees’ performance, providing constructive feedback, you can do everything in one place. 

Even if you are not so fond of technology, you can use this software solution straightaway. Regardless of the size of your company, you can use this software solution. The most common benefits you can derive from this software include but not limited to, visual reporting, reviewing templates, goal tracking, 360-degree feedback, and performance notes. 

Whether you are running a small organisation or a big organisation, you should use performance management software to make the most of your team. These software solutions will require you to prepare a budget. It is acceptable as long as you have enough money. In case you do not have a sufficient budget, you can take out loans for bad credit that are accessible with no guarantor and currently no fees are chargeable too. Investment in these software solutions can benefit you in the long run.