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What is Profit.co?

Industry Specialties: Serves all industries

Profit.co is a web-based performance management platform, also available for on-premise deployment. It focuses on talent advancement with OKRs, progress evaluations and employee check-ins with customizable workflows for project execution and task management. It provides pulse surveys, meetings, awards and recognition to improve employee engagement and workplace experience.
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#8

Profit.co is ranked #8 on the top 10 Performance Management Systems leaderboard based on a comprehensive analysis performed by SelectHub research analysts. Compare the leaders with our In-Depth Report.

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Profit.co Pricing

Based on our most recent analysis, Profit.co pricing starts at $7 (Per User, Monthly).

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Starting From
$7
Pricing Model
Per User, Monthly
Free Trial
Yes, Request for Free

Training Resources

Profit.co is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Profit.co:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Profit.co Benefits and Insights

Why use Profit.co?

Key differentiators & advantages of Profit.co

  • Enhanced Performance Tracking: Profit.co enables businesses to monitor employee performance in real-time, allowing for immediate recognition of achievements and swift identification of areas needing improvement.
  • Goal Alignment: It ensures that individual objectives are aligned with the company's strategic goals, fostering a unified direction and maximizing organizational synergy.
  • Streamlined Feedback Process: The software simplifies the feedback loop, making it easier for managers to provide constructive feedback and for employees to act on it, thereby fostering a culture of continuous improvement.
  • Increased Employee Engagement: By involving employees in the goal-setting process and providing clear metrics for success, Profit.co boosts motivation and engagement, leading to higher productivity levels.
  • Objective Performance Assessments: The platform's data-driven approach to performance management minimizes biases, ensuring fair and objective evaluations of employee performance.
  • Customizable Performance Reviews: Profit.co offers flexible review templates that can be tailored to meet the specific needs of different teams or departments, ensuring relevance and effectiveness.
  • Efficient Task Management: With its task management features, the software helps teams prioritize tasks, track progress, and meet deadlines, enhancing overall productivity.
  • Strategic Decision Making: The insights generated by Profit.co empower leaders to make informed strategic decisions, optimizing resource allocation and driving business growth.
  • Improved Communication: By centralizing performance data and goals, the platform facilitates better communication among team members, ensuring everyone is on the same page.
  • Robust Analytics and Reporting: Profit.co provides comprehensive analytics and reporting tools, offering deep insights into performance trends and helping identify opportunities for improvement.

Profit.co Reviews

Average customer reviews & user sentiment summary for Profit.co:

User satisfaction level icon: excellent

271 reviews

98%

of users would recommend this product

Profit.co has a 'excellent' User Satisfaction Rating of 98% when considering 271 user reviews from 2 recognized software review sites.

Synopsis of User Ratings and Reviews

Based on an aggregate of Profit.co reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

  • Balanced Approach: Profit.co offers a balanced approach to performance management, combining traditional performance reviews with continuous feedback and development. This allows for a more holistic view of employee performance and helps to identify areas where employees need support.
  • Goal Management: The platform provides robust goal management features, allowing users to set, track, and manage goals at individual, team, and organizational levels. This helps to ensure that everyone is working towards the same objectives and that progress is being made.
  • Customizable: Profit.co is highly customizable, allowing organizations to tailor the platform to their specific needs. This includes the ability to create custom performance review templates, set up different goal types, and configure workflows to match existing processes.
  • User-Friendly Interface: The platform has a user-friendly interface that is easy to navigate and use. This makes it easy for employees and managers to adopt the platform and get the most out of its features.
  • Integrations: Profit.co integrates with a variety of other business applications, such as HRIS, payroll, and learning management systems. This helps to streamline processes and improve data accuracy.

Cons

  • Steep Learning Curve: The platform's extensive features and functionalities can overwhelm new users, leading to a prolonged onboarding process and potential frustration.
  • Customization Challenges: Profit.co's emphasis on OKRs might not align well with organizations seeking a more flexible performance management system.
  • Integrations: Profit.co's integrations with other HR and business tools may be limited compared to other performance management platforms, potentially hindering seamless data flow and workflow automation.

Researcher's Summary:

Profit.co appears to be a popular choice among businesses seeking a comprehensive platform to manage OKRs, employee engagement, and performance reviews. Users frequently highlight its user-friendly interface and intuitive design, making it easy for both administrators and employees to navigate and utilize its features effectively. The platform's flexibility is also a significant advantage, as it allows for customization to align with specific organizational structures and workflows. Profit.co's ability to integrate with various third-party applications, such as HRIS and project management tools, further enhances its value proposition by streamlining data flow and reducing manual effort.

While Profit.co receives positive feedback for its core functionalities, some users note that certain advanced features, such as reporting and analytics, could benefit from further development to provide more in-depth insights and data visualization options. Additionally, while the platform offers a mobile app, its functionality is somewhat limited compared to the web-based version, which may pose challenges for users who require on-the-go access.

Profit.co's emphasis on OKR management, coupled with its performance review and employee engagement modules, positions it as a suitable solution for organizations that prioritize goal alignment, continuous feedback, and performance improvement. Its scalability and customizability make it adaptable to businesses of varying sizes and industries, particularly those seeking a holistic approach to performance management that fosters transparency and accountability.

Key Features

  • Meeting Support: Conduct one-on-one and team meetings to check progress and address issues with editable agendas. Avoid scheduling conflicts by comparing availability, assigning users and automating recurring meetings. 
  • Recognition Scoreboards: Drive healthy competition with leaderboards to display rewards, badges and points. Reward top performers and improve engagement by posting comments and congratulating peers for work accomplishments. 
  • Performance Reviews: Generate 360-degree assessments with self-evaluation tests, manager evaluations and peer reviews. Assign secondary reviewers, performance scores and manager ratings to eliminate subjectivity. 
  • Goals Management: Add OKRs to projects with preset visibility, target dates and performance indicators to measure productivity. Review departmental heat maps and progress percentages to track ongoing progress and goals alignment. 
  • Activity Tracking: Manage boards containing lists to streamline tasks. Let team members move assigned cards through different queues to change activity status. 
  • Multi-Device Compatibility: View dashboards, monitor updates and receive alerts on mobile devices. Display performance data on desktops, TV screens and tablets during meetings. 
  • Integrations: Bundle with productivity apps, office tools and communication platforms. Integrate existing HRIS with single sign-in authentication and run multiple platforms with full context. 

Suite Support

mail_outlineEmail: [email protected].
phonePhone: (415) 408-7151.
schoolTraining: Access the knowledge base for video tutorials, user guides and documents. Request online or in-person consultations and attend webinars for interactive training sessions and product demonstrations.
local_offerTickets: Information not specified.

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