Performance Management Platform
Conduct employee performance reviews to gain insight into your workforce, support employee development and make more informed decisions.
Celebrate and recognise hard work with Factorial's HR performance management software
Provide continuous feedback to support the growth of your employees and business.
Personalise your next performance review
Use ready-made performance review templates or customise one yourself. That way, you're providing your team with actionable feedback.
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.
Automate the review process
Choose the frequency and leave the rest to us.
Create personalised reviews that resonate
Tailor appraisal questions to each individual so you collect more actionable and personal answers that will drive the development of your team members.
Propel performance with data-driven decisions
All responses are centralised within our HR performance management system and integrated with Factorial's Analytics tool, giving you complete visibility over your team and the insights to make better decisions.
Identify competencies to nurture
Confidently spot skills gaps and create tailored improvement plans using our performance management software.
Encourage and monitor training
With our performance management tools, you can identify areas for growth and implement training plans to boost it.
All-in-one business management software
Our employee review software is just the tip of the iceberg. Manage your team's time, holidays, payroll, performance and more, all from one place, with Factorial.
FAQs about Performance Management Software UK
Find the answers to the most commonly asked questions about Factorial's performance management platform.
What is performance management software?
Performance management software is a digital tool designed to streamline and automate the performance review process within organisations.
Who uses performance review platforms?
HR professionals, managers, and employees use performance review platforms to facilitate objective assessment, set goals, and enhance communication.
What are the key features and components of performance management platform?
Key components include goal setting, continuous feedback, 360-degree reviews, data analytics, and customisable templates for evaluating employee performance.
What problems does performance management software solve?
It addresses issues related to manual processes, lack of real-time feedback, and inconsistency in performance evaluations, promoting fairness and efficiency. It also boost employee engagement and participation in the feedback process thanks to self-evaluation tools and ease of use.
How does performance management software help to make better decisions?
By providing data-driven insights, performance management software aids in making informed decisions about talent development, training, and overall workforce optimisation. Not only can you set performance KPIs with these tools, but you can also monitor progress towards them using skills matrixes and competency tracking. Tools such as the 9-box grid can also help to visualise performance and potential, helping to identify top performance and improve succession planning.
What are performance management software integrations?
Performance management software often integrates with HR systems, payroll software, and other tools to ensure seamless data flow and a comprehensive view of employee performance across various aspects of the organisation. Thanks to our open API, Factorial is designed to seamlessly integrate with systems your company already has in place to ensure data consistency and reduce manual data entry. Read the full list here.
How much does Factorial's performance management platform cost?
Factorial starts at £5.40 per month per user. For custom quotes to fit your team's unique needs, contact sales here.