Top 10 Business Performance Management Software In 2018

A Business Performance Management Software was earlier used only in the finance departments, but times have changed, and this software is being used by a number of businesses in order to increase the business intelligence. The software is basically a kind of business intelligence, which is responsible for managing and monitoring the performance of a particular organization. For this unique purpose, KPI, or key performance indicators are used. This software is also referred to as the corporate performance management software.

A performance monitoring software is known to have numerous benefits. The software enables the organizations to gather information from different sources, and analyze this information for improving the performance of the company. It is also responsible for helping an organization to identify problems before they get magnified and result in a crisis. Moreover, the software can also be used for making reliable and predictable forecasts.

The Business performance management software uses real-time and continuous data. The software ensures that all the employees have a proper understanding of what they are contributing towards a particular organization. It also helps in rewarding and recognizing the proper performances of employees within an organization.

To know about the best Business Performance Management Software that is currently ruling the market, consider the list of the top Business Performance Management Software mentioned below, coined together by SoftwareWorld.

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    List of Best Business Performance Monitoring & Management Software | Employee Performance Software Reviews

    1. Sisense – BI & dashboard software for multiple, large data sets

    About Sisense : Sisense is software that helps you to get business insights from complex, real-time data. It is designed in a way that it handles all sorts of data ranging from big to small. It helps companies to accumulate and store more data without worrying about servers crashing or slow computer memory. This will help companies to avoid spending resources on any additional hardware and servers.

    Sisense Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Dashboard, Key Performance Indicators, Predictive Analytics, Quantitative Analysis

    “Real-time Internal visibility to operations for account and executive management, also providing similar visibility directly to clients through OEM license of Sisense. We’ve become dependent on the operational analytics from Sisense for both assessing the success of recent feature updates and prioritizing new features.” – Brian T.

    Sisense

    Israel

    201 – 500

    2004

    Not provided by vendor

    Yes

    4.5

    223 Reviews

    4.3

    147 Reviews

    2. Adaptive Insights – Cloud-based corporate budgeting, forecasting, and reporting

    About Adaptive Insights : Adaptive Insights is software that helps in business planning. It was found in 2003 and it provides a web-based system for forecasting, budgeting, and reporting. The software can be used by a variety of businesses, large or small. The interface design is similar to Excel; this contributes to speeding up of the training process utilizing the familiarity. It caters to the specific needs of healthcare, manufacturing and business services.

    Adaptive Insights Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Budgeting & Forecasting, Consolidation / Roll-Up, Dashboard, Key Performance Indicators, Predictive Analytics, Qualitative Analysis, Quantitative Analysis, Scorecarding, Strategic Planning

    “I’m a veteran to FP&A, and have used Excel, Oracle Hyperion/Essbase, and several other tools. And this by far is the best. It has been the easiest to use… and doesn’t require any assistance from IT or Developers.” – Jimmy Roybal

    Adaptive Insights

    United States

    201 – 500

    2003

    Not provided by vendor

    Yes

    4.5

    152 Reviews

    4.5

    87 Reviews

    3. FloQast – Close Management Software

    About FloQast : It is a cloud-based accounting solution, useful for accountants and financial officers. The key features of the software are analytics, reporting, and collaborative checklists. It helps accountants to organize audits, manage checklists and automate tie-outs. It assists users to manage information relating to client data, reconciliations and documents. It helps in tracking reconciliation progress via a status dashboard. It provides tools like note review feature which keeps communication documented.

    FloQast Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Dashboard, Key Performance Indicators, Strategic Planning

    “FloQast allows us to focus more on a qualitative review of our financial statements.” – James Walker

    FloQast

    United States

    51 – 200

    2013

    Not provided by vendor

    Yes

    5.0

    27 Reviews

    4.7

    65 Reviews

    4. Phocas – Easy to use Business Intelligence

    About Phocas : Phocas is a business intelligence solution which caters to small size businesses across the industry. It is compatible with multiple web browsers like Firefox, Google Chrome etc. It helps businesses to make decisions based on information and data. It includes data mining, scorecards, predictive analysis, and data warehousing. You can view data from different perspectives and analyze sales information and buying patterns.

    Phocas Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Budgeting & Forecasting, Consolidation / Roll-Up, Dashboard, Key Performance Indicators, Qualitative Analysis, Quantitative Analysis, Scorecarding, Strategic Planning

    “I don’t know how I managed without it! It’s so easy to analyze all my customer sales and identify trends. Great for spotting “slipping” accounts before it’s too late. Wonderful product, keep it up guys.” – Mark Connor

    Phocas Software

    United Kingdom

    51 – 200

    1999

    $500.00/month/user

    Yes, get a free trial

    4.5

    25 Reviews

    4.6

    96 Reviews

    5. Betterworks – Enterprise-level goal setting and performance tracking tools

    About Betterworks : Betterworks® is an easy-to-use, integrated software solution that replaces outdated annual reviews with Continuous Performance Management® programs that align, develop and activate workforces for business growth. Their software helps ensure everyone in the organization is working on what matters most and having the crucial conversations necessary to motivate their entire workforce to meet today’s goals and tomorrow’s challenges.

    Betterworks Business Performance Features : Scorecarding

    “There was a whole evolution in how we looked at performance. It was really clear to us that Betterworks was going to help us with transparency, collaboration and knowledge sharing across our organization.” – Sharon Kaufman

    Betterworks

    United States

    51 – 200

    2013

    Not provided by vendor

    Yes

    4.5

    6 Reviews

    4.2

    61 Reviews

    6. KPI Fire – Strategic planning & execution for operations

    About KPI Fire : KPI Fire is software related to Strategy Execution. It provides your team members with a dashboard to view shared objectives of the company and key performance indicators. It suits large and mid-sized companies. It provides several visualizations including revenue and project progress. You can also configure the dashboards according to your needs. The dashboards display current performance and company metrics.

    KPI Fire Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Budgeting & Forecasting, Consolidation / Roll-Up, Dashboard, Key Performance Indicators, Scorecarding, Strategic Planning

    “Successful projects with this software. I can plan all the strategies and activities that are proposed in the company, it is low cost and very easy to use, I love it!” – Eliangie C.

    KPI Fire

    United States

    1 – 10

    2013

    $20.00/month/user

    Yes, get a free trial

    5.0

    14 Reviews

    4.5

    1 Reviews

    7. iPlanner.NET– Your Business Plan Software Online

    About iPlanner.NET : Since 2007, iPlanner has helped start-ups to develop their business plans as a self-help business planning software. It is offered as an online service and the application has been designed keeping in mind the needs of small business owners, advisors, serial entrepreneurs and investors. You can use the application to write and share your business plans online. It helps businesses to finance their growth and manage the risks.

    iPlanner.NET Business Performance Features : Dashboard, Key Performance Indicators, Qualitative Analysis, Strategic Planning

    “It is a super great tool! Fast, solid and reliable. I can prepare reports just few minutes after the discussion of numbers and strategies.” – Federico Grianti

    NetEkspert

    Estonia

    1 – 10

    2006

    $299.00/year

    Yes, get a free trial

    5.0

    8 Reviews

    4.5

    3 Reviews

    8. Fathom – Financial intelligence and performance reporting

    About Fathom : Fathom is a management reporting and financial analysis tool that is easy to use. It helps you to assess your business performance and identify the scope of improvement. It helps you to create business analysis reports smoothly. It makes business insights easy. It has integrated with QuickBooks and Xero. It will suit the needs of accountants and financial advisors perfectly.

    Fathom Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Budgeting & Forecasting, Consolidation / Roll-Up, Dashboard, Key Performance Indicators, Scorecarding

    “Fathom takes complicated financial data and creates a visual reporting experience that’s meaningful and easy to understand for business owners.” – Jeremy Allen

    Fathom Applications

    Australia

    11 – 50

    2011

    $39.00/month

    Yes, get a free trial

    5.0

    3 Reviews

    4.3

    5 Reviews

    9. Corporater – Configurable Business Management Platform

    About Corporater : Corporater was founded in 2000 and it is a global software company. It is a management platform that covers important business functions and processes like budgeting, planning, performance, compliance reporting etc. It provides you with KPI tools and dashboards that help you to monitor the progress of your business periodically and improve the performance. It is flexible to meet the needs of the largest enterprises in the world.

    Corporater Business Performance Features : Ad hoc Analysis, Ad Hoc Reports, Budgeting & Forecasting, Consolidation / Roll-Up, Dashboard, Key Performance Indicators, Predictive Analytics, Qualitative Analysis, Quantitative Analysis, Scorecarding, Strategic Planning

    “Corporater helps Compliance become an effective business partner, rather than an internal policeman. Their solution provides an essential combination of bespoke dashboards to monitor your responsibilities and the ability to capture the actions you take.” – NICK JEPSON

    Corporater

    Norway

    51 – 200

    2000

    Not provided by vendor

    Yes, get a free trial

    5.0

    7 Reviews

    0.0

    0 Reviews

    10. Way We Do – Platform for creating standard operating procedures (SOP)

    About Way We Do :  Way We Do is cloud-based SOP software which helps you to create, maintain and use manuals related to Business operations. It is a combination of business process management, knowledge management, and compliance. It helps you to assign tasks, monitor the workflow from any location, this helps in keeping the work seamless and ensure that everything is documented.

    Way We Do Business Performance Features : Ad Hoc Reports

    “Its easy to use, very easy to set up, brilliant in managing policies and processes, monitor who’s signed off on them. I can’t fault the system. We have shown this system to many clients who have started also using it.” – Maciek F.

    Way We Do

    Australia

    1 – 50

    2013

    $25.00/month/user

    Yes, get a free trial

    5.0

    7 Reviews

    0.0

    0 Reviews

     

    Get Quick Comparison of Top Business Performance Management Software

    Business Performance Management Features Sisense Adaptive Insights FloQast Phocas Betterworks KPI Fire iPlanner.NET Fathom Corporater Way We Do
    Price Not provided by vendor Not provided by vendor Not provided by vendor $500.00/ month/user Not provided by vendor $20.00/ month/user $299.00/year $39.00/month Not provided by vendor $25.00/ month/user
    Ad hoc Analysis              
    Ad Hoc Reports                
    Budgeting & Forecasting          
    Consolidation / Roll-Up          
    Dashboard                
    Key Performance Indicators                
    Predictive Analytics      
    Qualitative Analysis        
    Quantitative Analysis        
    Scorecarding            
    Strategic Planning