Performance Management Software
Create employee performance reviews to gain insight into your workforce, support employee development, and make more informed decisions.
A complete performance management toolkit in a single platform
Choose from different types of performance review methods and evaluation tools to suit your needs.
Set up your next performance review with ease
Factorial provides an intuitive dashboard with a complete overview of the performance management process. Set it and forget it - our software handles the rest seamlessly.
Determine performance review periods, define the performance review timeline, and send automatic participation reminders to employees.
Opt for a more holistic view of the performance of your workforce by gathering feedback from employees, managers, and peers.
Determine objectives using key performance indicators and leverage Factorial AI for performance review summaries and goal alignment.
Keep track of your team's performance
Regular performance reviews are essential to keep up with your company's evolution. Our tools give you a clear image of your employees' growth.
Utilize performance statistics and insights across company, team, and individual levels to inform strategic decision-making.
Don't worry about calculating employee scores during reviews. Our software automates that for you, so you can focus on strategy.
Measure and visualize employee competencies to see which employees are ready to lead and which employees need more training.
Create an environment of transparency where your employees can thrive
Make decisions based on data and ensure you can support those decisions with documentation.
Customize performance reviews to fit your needs: choose participants and teams, who reviews whom, and when and how often the review takes place.
Create, track, and download performance review agreements. Document the entire process from start to finish for clarity and accountability.
Use performance data to pinpoint employee strengths. Employees thrive when on a growth path, so give them the tools they need most.
Boost the performance of your teams by focusing on their success
Boost the retention of your employees while increasing their productivity.
15%
lower turnover
For companies that share constructive feedback with their employees
68%
of employees
Benefiting from accurate and consistent feedback thrive at work.
4.6x
productivity increase
For employees who feel like their voice is heard.
Personalize every aspect of performance reviews with Factorial
Use our tools to give each employee the feedback, insight, and growth plan essential to their development.
360° Reviews
Get a holistic view of your organization's performance with 360° feedback.
Performance Insights
Collect and export data from every performance review to make strategic decisions.
Personalize 1:1s
Give each employee the constructive feedback they need during every performance review.
Set Goals
Pinpoint performance issues and set actionable tasks for employees to complete in order to perform better.
More than 10.000 companies across different industries trust in Factorial
Our team is dedicated to helping you use Factorial to its fullest. We want to save you time and resources so you can focus on the success of your teams.
“Our main challenge was the lack of integration; we needed one central point of operation to simplify our processes. Time off reflected in shifts and payroll, and hiring people through that same platform - Factorial helped integrate these processes.”
Do more with the right set of tools
Factorial can help you streamline your entire HR managment process. Integrate document management, performance management and time tracking through our HR automation platform.
Boost the performance of your company with Factorial's HR toolset.
Save time on paperwork so you can focus on your people and boost their performance.
Performance management software FAQs
Check out these frequently asked questions about Factorial. Got more questions? Our team is ready to explain how our software works. Reach out and ask us anything!
What is performance management software?
Performance management software offers features for setting and tracking employee goals and expectations, tracking employee performance in real time, conducting a training needs analysis, conducting one-on-one meetings, collecting feedback from your entire team, and more.
What performance management tools does Factorial include?
Factorial's performance management features give you access to a set of employee performance evaluation tools like a spider graph, customizable performance reviews with automated reminders, and 360-degree feedback capabilities. AI-driven summaries help with goal alignment, while intuitive performance dashboards offer insights at multiple levels. The platform facilitates flexible participant management and tracks performance review agreements for documentation.
How much does Factorial cost?
Factorial starts at $4.50 per month, per user. Our flexible pricing packages allow you to pick and choose the HR tools you need, so you don't have to pay for features that your business has no use for. You can scale your HR system as your business grows! For an overview of all Factorial tools, check out our pricing plans.