Free List Of Top 10 Performance Appraisal Software Companies

Performance appraisal is crucial for evaluating employee productivity and success within organizations, and the use of performance appraisal software has become essential for modern businesses. In the US, numerous companies offer top-notch appraisal software solutions. This article presents a comprehensive overview of the top 10 performance appraisal software companies in the US, highlighting key details about each company and their offerings.

Introduction

The performance appraisal software industry in the US is booming, with various companies offering innovative solutions to meet the diverse needs of organizations across different sectors. These software solutions are designed to streamline the performance review process, enhance employee engagement, and provide valuable insights for decision-making. For companies in the retail industry, selecting the right performance appraisal software can help boost productivity, improve workforce management, and foster a culture of continuous improvement.

Finding the best performance appraisal software can be a daunting task for executives in the retail industry. To simplify the process, we have curated a list of the top 10 performance appraisal software companies in the US, providing a brief overview of their sector, year founded, annual revenue, short description, and a hyperlink to their website.

Top 10 Performance Appraisal Software Companies

1. Company: ADP

– Sector: Human Resources

– Year Founded: 1949

– Annual Revenue: $14.1 billion (2019)

– Description: ADP offers a comprehensive suite of human resource management software, including performance appraisal solutions. Their platform is known for its user-friendly interface, extensive reporting capabilities, and integration with other HR tools.

– Website: [ADP](https://www.adp.com)

2. Company: Workday

– Sector: Cloud-based Software

– Year Founded: 2005

– Annual Revenue: $3.63 billion (FY 2021)

– Description: Workday’s performance management software is part of its unified suite of cloud-based applications for finance, HR, and planning. Their software provides real-time insights, goal tracking, and feedback tools to drive employee development.

– Website: [Workday](https://www.workday.com)

3. Company: Oracle

– Sector: Enterprise Software

– Year Founded: 1977

– Annual Revenue: $39.1 billion (FY 2021)

– Description: Oracle offers a range of human capital management solutions, including performance management software. Their platform enables organizations to align individual goals with business objectives and conduct fair and effective performance evaluations.

– Website: [Oracle](https://www.oracle.com)

4. Company: SAP SuccessFactors

– Sector: Enterprise Software

– Year Founded: 2001

– Annual Revenue: $46.78 billion (2020)

– Description: SAP SuccessFactors provides performance and talent management solutions that help organizations optimize workforce performance, improve employee engagement, and drive better business results through continuous feedback and coaching.

– Website: [SAP SuccessFactors](https://www.successfactors.com)

5. Company: BambooHR

– Sector: HR Software

– Year Founded: 2008

– Annual Revenue: $60 million (est. 2021)

– Description: BambooHR’s performance management software offers easy-to-use tools for setting and tracking goals, performance evaluations, and creating development plans. Their cloud-based platform is tailored for small to medium-sized businesses.

– Website: [BambooHR](https://www.bamboohr.com)

6. Company: Halogen Software

– Sector: Talent Management

– Year Founded: 1996

– Annual Revenue: N/A

– Description: Halogen Software, now a part of Saba, provides performance appraisal and talent management solutions designed to align and develop employees, drive business success, and foster a culture of high performance.

– Website: [Halogen Software](https://www.halogensoftware.com)

7. Company: Cornerstone OnDemand

– Sector: HR Tech

– Year Founded: 1999

– Annual Revenue: $724.4 million (2020)

– Description: Cornerstone’s performance appraisal software helps organizations effectively measure and manage employee performance, align goals, and drive career development through personalized coaching and feedback.

– Website: [Cornerstone OnDemand](https://www.cornerstoneondemand.com)

8. Company: Namely

– Sector: HR Tech

– Year Founded: 2012

– Annual Revenue: $30 million (est. 2020)

– Description: Namely’s performance management software offers simple and intuitive tools for setting and tracking employee goals, conducting performance reviews, and fostering ongoing feedback and coaching.

– Website: [Namely](https://www.namely.com)

9. Company: Trakstar

– Sector: HR Tech

– Year Founded: 2001

– Annual Revenue: N/A

– Description: Trakstar provides performance appraisal and talent management solutions that help organizations align employee performance with business goals, streamline evaluation processes, and facilitate meaningful feedback and development.

– Website: [Trakstar](https://www.trakstar.com)

10. Company: 15Five

– Sector: HR Tech

– Year Founded: 2011

– Annual Revenue: $13.2 million (est. 2021)

– Description: 15Five’s performance management software empowers managers to engage in regular check-ins, provide continuous feedback, and recognize employee achievements, fostering a culture of high performance and growth.

– Website: [15Five](https://www.15five.com)

To conclude

Selecting the right performance appraisal software is a critical decision for executives in the retail industry. The top 10 companies listed above offer a wide range of solutions tailored to meet the unique needs of businesses, providing user-friendly interfaces, comprehensive reporting capabilities, and seamless integration with other HR tools. By leveraging these performance appraisal software solutions, retail executives can drive employee engagement, enhance productivity, and foster a culture of continuous improvement within their organizations.