KPI Software is a support tool for management. It helps evaluate work performance based on specific indicators. So what good KPI management software is there on the market today? Let's Viindoo find out the list of the best software providers through the article below..
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Criteria for selecting KPI software need to be understood
KPI Software (Key Performance Indicators) is the optimal solution to help businesses measure results and improve performance management capabilities in a comprehensive way. By collecting, analyzing and visualizing KPI data, the software helps businesses accurately assess the work progress of each individual and the entire organization, effectively supporting process optimization and helping business owners make long-term strategic decisions.
- Define clear goals: This work management software helps set up specific target systems for each department and position. This helps ensure close alignment between individual goals and overall organizational goals.
- Build appropriate KPIs: Create specific, measurable and appropriate KPI indicators for each title and position, helping employees clearly understand what they need to achieve.
- Track progress: Continuously monitor work progress, track performance, remind and support employees to maintain necessary activities to complete KPI goals.
- Evaluate the effectiveness of work: Evaluate work results based on established goals, thereby providing timely feedback and adjusting plans when necessary.
KPI reporting software meets the criteria of transparency and accuracy
So how to choose good KPI software? Below are important criteria to help managers consider and evaluate to make appropriate choices:
- Prioritize SaaS solutions: With flexible customization and easy expansion, this is the optimal choice for growing businesses, helping to personalize the human resources management process and meet the constantly changing needs of the business.
- Data security: This feature helps ensure internal information security. Businesses should try it out before deciding to buy to evaluate this feature.
- Dedicated support: Enthusiastic support team from the supplier is an important factor, especially for businesses that do not have their own IT department.
- Multi-functional management: Ability to collect, calculate and report KPIs from many different data sources, meeting comprehensive business management needs.
- Friendly interface: Intuitive, easy-to-use interface, helping users quickly get used to it and use it effectively.
- Suitable for many professions: Diverse reporting templates and KPI indicators, meeting the needs of many types of businesses.
- Flexible data entry: Supports many input methods and user authorization, ensuring information accuracy and security.
- Deploy quickly: Saves time and effort in implementation, helping businesses quickly apply it into practical operations.
Businesses should choose highly secure KPI software
TOP 5 KPI management software rated most effective today
To help businesses have a more intuitive view, the article will list the 5 best KPI building software rated today. Below is a quick software comparison based on important parameters.
| Software | Build and manage KPIs | Report | Integrate with other software | Trial |
Pros and cons |
| KPI DOMO | Intuitive, diverse | GG Sheet and many more resources | Yes | - Pros: + Works well on smartphones + Easy to filter and search + Various and intuitive report images - Cons: + Interface is not friendly + Difficult for new users + Not fully optimized in Vietnam |
|
| KPI HROnline | Basic KPI Process | Not available yet | Not linked to calculate salary | - Pros: + Friendly interface + Complete basic KPI process - Cons: + Unattractive interface + Only for one individual to self-assess, not suitable for a multi-level evaluation process + No management report yet + Not linked to calculate salary |
|
| KPI ClicData | Diverse set of indicators | Yes | No | - Pros: + Various stats + Visual management reports + Transparent and clear interface - Cons: + Basic features, not yet in-depth on KPI evaluation |
|
| KPI Tanca | Limited set of criteria | KPI score, salary calculation system | - Pros: + Quantify and measure KPI accurately by day + Short implementation time + Runs on many different platforms and devices + Link with bonus and salary calculation software - Cons: + The set of KPI calculation rules is too basic | ||
| KPI Handy | Excel and other software | Yes | - Pros + Fast data processing speed + Friendly interface - Cons + Only usable on mobile devices + The cost of using is quite high compared to the common ground |
Through the above section, managers have got an overview of some KPI software popular today. To choose suitable and effective KPI reporting software, businesses can track detailed content about the above software.
DOMO KPI evaluation software - Easy to use software
DOMO is KPI tracking software top rated on Softwareadvice. This management software stands out with its powerful data visualization and analysis capabilities. This helps turn dry numbers into intuitive, easy-to-understand graphical charts in just a snap.
KPI DOMO is trusted by many corporations
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Feature:
- Ability to synthesize and connect diverse data sources.
- Connect to Google Sheets.
- Provide and analyze data based on reports.
Software price: For long-term use with full features, business administrators need to contact to receive a quote via the brand's website. Before that, businesses can test KPI DOMO for free.
Tanca KPI construction software - Software suitable for many subjects
Close is a comprehensive human resource management and KPI management solution on SaaS platform, developed by Green Mobile Application Joint Stock Company. KPI software This helps businesses optimize performance management, save costs and make decisions based on accurate data. Close is a reliable choice for organizations that want to improve project management capabilities and operational efficiency.
Tanca is the KPI software trusted by small and medium enterprises in Vietnam
Features:
- Quantify and measure data by day, week, and month.
- Deploy easily
- Can be used on multiple platforms, devices, anytime, anywhere.
- Link to payroll software, bonus.
- This brand has a team of technical support and professional advice.
Software price: Currently, the brand is providing two packages: On Cloud and On-premise. To learn more about each package, please contact directly via the Website for support.
Handy KPI software - KPI software on phones
Handy KPI is a mobile KPI management application. This software brings a breakthrough in simplifying and optimizing the process of monitoring and managing business performance. With outstanding convenience and flexibility, Handy KPI helps businesses easily access and control data anytime, anywhere. This contributes to a significant difference compared to traditional solutions on the market.
Handy KPI is fully developed on mobile
Features:
- Run on smartphone only.
- Collect and deliver KPIs to your team in seconds.
- Link and allow Excel file uploads.
- Analyze the change of indicators by day, month, and year.
- Allows connection with existing software of the enterprise.
Software price: Client used free KPI management software in 30 days. The usage cost is then calculated based on the number of accounts in the business. For details, administrators need to contact the supplier directly.
Software ClicData - Results evaluation software for small and medium enterprises
ClicData is a cloud-based enterprise performance management solution, specifically designed for small and medium businesses. With the ability to automatically collect, transform and merge data from many different sources, ClicData Helps businesses save time and effort in managing KPI data. Users can easily create customized KPI dashboards and reports using intuitive drag and drop features at ClicData.
KPI ClicData is currently not optimized in Vietnam
Features:
- Ability to integrate with third-party applications such as Hubspot, Salesforce, SugarCRM, etc.
- Provide mobile applications, suitable for all existing operating systems.
- Automated report generation, scheduling, alerts, and notifications.
- Manage and extract data in various forms and allow quick exchange via Email.
- Automatically update KPIs.
Software price: Users can experience it first through a free trial and subscribe to it by month or year. ClicData currently owns 4 account packages, suitable for many different businesses.
HROnline software - Good, comprehensive KPI management software
HROnline is KPI software scored for its outstanding efficiency but also for its reasonable cost of use. With the ability to track comprehensive progress of performance indicators across many fields, projects and business activities, HROnline helps administrators grasp the situation easily and accurately. Built on a secure and reliable cloud platform, HROnline ensures data is always automatically stored and updated.
KPI HROnline is highly appreciated for its efficiency and cost of use
Features:
- Set single KPI and multi KPI.
- Create evaluation tables for each department and position.
- Finalize the evaluation and summarize the KPI table.
Software price: This KPI evaluation software service provides users with many account packages with different feature packages and costs, suitable for many sizes and types of businesses.
Through the above section, managers have an overview of the benefits, evaluation criteria and some popular KPI software that can be chosen. However, applying KPI software in management also has some notes and limitations. For example, setting vague, non-measurable KPIs will cause employees to lose their way and lose the will to strive to implement KPIs. Or KPIs that are inaccurate or too "optimistic" will also become indicators that are out of reach. Therefore, grasping modern management trends, many administrators and businesses are researching and gradually switching to using OKR - Goal management instead of KPI - Performance measurement index.
For detailed content of this section, you can read more below.
Converting from KPI management to OKR - A new trend that administrators should grasp
The transition from traditional KPI management to OKR (Objectives and Key Results) is becoming a prominent trend. This work management method promises to bring outstanding benefits and the ability to flexibly adapt to change.
- Focus on big goals: Unlike KPIs that only focus on single performance management indicators, OKRs encourage the entire organization to work towards big, ambitious goals. This creates uniformity and high concentration in all activities, helping businesses achieve great progress.
- Flexible and adaptive: OKR is not as rigid as KPI, but allows adjusting goals and key results according to the actual situation. This is especially important for growing teams, where goals and priorities can change quickly. OKR helps businesses always be ready to adapt and seize new opportunities.
- Promote participation and engagement: OKR encourages the participation of every member in determining goals and contributing to common success. This creates a positive work environment. Where employees feel valued and recognized, thereby enhancing engagement and promoting work efficiency.
- Measure progress clearly: OKRs use specific and measurable key results to evaluate progress. This helps businesses have a clear view of the effectiveness of operations and make timely adjustment decisions.
Switching from traditional KPI management to OKR is becoming a trend
OKRs do not affect daily work efficiency. On the contrary, it helps optimize workflows and focus resources on the most important activities. Converting from KPI assessment to DISTRICT is a strategic step, bringing many benefits to businesses. Especially for growing businesses. OKR not only helps organizations achieve big goals, but also creates a positive working environment, promoting creativity and sustainable growth.
Viindoo OKR - The best OKR management software for businesses
Viindoo OKR software is the leading goal management and results measurement solution, providing transparency and outstanding work efficiency. With Viindoo OKR, tracking performance and work progress is simpler than ever. This software helps leaders easily monitor, control and optimize work processes to achieve set goals.
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Viindoo OKR - Specialized OKR software that helps to operate OKRs properly
Viindoo OKR - Recommended goal management and results evaluation software
Outstanding features of coming OKR:
- Unified and cohesive goals: coming OKR has the ability to link goals from the company to the individual level, ensuring consistency and focus on common goals.
- Clear priorities: Viindoo OKR allows setting weights for each key result, helping employees focus on the most important tasks.
- Transparent and easy to track: All employees can see and understand the connection between personal, departmental and company goals.
- Effective execution: coming OKRs, combined with project and time management tools, help track progress and ensure execution.
- Continuous assessment: Viindoo OKR allows regular updates and evaluation of results, helping managers grasp progress and make timely adjustments.
FAQs
Can KPI software be customized to specific business needs?
Yes, many KPI software solutions offer customization options, allowing businesses to define and track KPIs that are relevant to their industry, department, or specific objectives.
Is KPI software suitable for small businesses?
Yes, KPI software can benefit businesses of all sizes, including small and medium-sized enterprises (SMEs). It helps them monitor performance, identify growth opportunities, and make informed decisions.
Can KPI software integrate with other business systems?
Yes, many KPI software solutions offer integration capabilities with other business systems such as CRM, ERP, and project management tools, allowing seamless data synchronization.
Is KPI software user-friendly for non-technical users?
Yes, many KPI software solutions are designed with user-friendly interfaces and intuitive dashboards, making it accessible and easy to use for non-technical users.
Here is all the information about KPI software and famous software providers today. Hopefully, the article has given administrators useful knowledge, helping businesses choose the right software. In addition, readers do not forget to read useful news from Viindoo.
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