Engagedly vs Profit.co

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Our analysts compared Engagedly vs Profit.co based on data from our 400+ point analysis of Performance Management Systems, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Engagedly is a comprehensive software platform designed to streamline performance management and other HR tasks. It's particularly well-suited for medium to large organizations looking to enhance employee engagement, performance tracking, and feedback mechanisms. One of the key benefits of Engagedly is its ability to foster a culture of continuous feedback and development, which is crucial for organizational growth and employee satisfaction. The platform offers a variety of popular features, including goal setting, performance reviews, 360-degree feedback, and learning management systems. Users often highlight Engagedly's user-friendly interface and the flexibility it offers in customizing performance management processes to fit the unique needs of their organization. When compared to similar products, Engagedly is praised for its comprehensive suite of features and the value it delivers, making it a competitive choice in the market. Pricing considerations for Engagedly typically involve a per-user, per-month model, although the exact cost can vary depending on the specific features and scale of implementation required by an organization.

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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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$9/User, Monthly
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Tailored to your specific needs
$7/User, Monthly
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Tailored to your specific needs
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Product Assistance

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24/7 Live Support
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Product Insights

  • Goal Management: Set organizational goals or OKRs and cascade them to the team managers. The team managers communicate goals/OKRs to the employees and periodically track their progress —whether the employees’ goals are aligned to the organizational goals or not. 
  • Impart Valuable Feedback: Impart unbiased and valuable feedback to the employees to drive performance. The real-time feedback helps employees to improve their performance to cater to the organizational objectives. 
  • Drive Conversations: Empower employees to collaborate, communicate and share ideas, drive conversations, answer questions and solve problems collaboratively. Monitor real-time goal progress with comments and discussion threads with the managers. This leads to an engaging goal setting and execution process. 
  • Employee Engagement: Provide recognition, rewards, award points and badges to the high-performing employees to let them know their contribution matters. This helps boost employees’ morale and motivates them to deliver consistent results. 
  • Employee Growth and Development: Build a culture of continuous learning to facilitate employee growth and development. This helps employees develop the advanced skills required to perform effectively at work and increases employee retention rate. 
  • Workforce Planning: Develop advanced talent insights for proactive workforce planning. This enables users to segregate high-performing employees from the low-performing ones to identify key influencers and future leaders within the organization. 
  • Employee Surveys: Create, deliver and analyze employee surveys to determine what employees are thinking, how they feel working in the organization, what they aim for and what they want to achieve in the long term. This helps organizations create a conducive work environment for their employees and facilitate employee engagement. 
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  • 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.
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  • 360 Multi-Rater Feedback: A simple and powerful feedback mechanism to impart feedback to employees from managers, co-workers and clients. It can make the feedback process anonymous and nominate other users to provide feedback. 
  • Goal Setting: Layout objectives and key results with customizable check-ins and progress indicators to help employees measure their progress against organizational objectives. 
  • Advanced Customization: Allow administrators to customize according to the business needs. It includes the ability to create custom objects, fields, rules, calculations and views. 
  • Online Learning: An organization-wide knowledge base enables knowledge sharing with employees in the form of courses, vidoes, quizzes and educational PDFs to promote learning and development. It encourages individual and collaborative learning through gamification tools in the form of badges for completing a particular course. 
  • Advanced Analytics and Reporting: Provides comprehensive, centralized and interactive dashboards that users can access based on their user role. Dashboards display key metrics to identify influencers and leaders within the organization and help managers plan development and retention strategies. 
  • Competency Model:  A comprehensive competency model is aligned with specific job roles. The reviews from co-workers, managers and clients are accumulated on a dashboard to assess employees’ core competencies. 
  • Integrations:  Provides integration to other solutions such as BambooHR, Google SSO, Okta, Slack, ADP Marketplace and much more. 
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  • 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. 
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Product Ranking

#12

among all
Performance Management Systems

#125

among all
Performance Management Systems

Find out who the leaders are

Analyst Rating Summary

88
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20
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1-on-1s
AI-based Capabilities
Employee Surveys
Mobile Capabilities
Review and Feedback Management
Platform Capabilities
Goal Management
Review and Feedback Management
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Engagedly
Profit.co
+ Add Product + Add Product
1-on-1s 360 Degree Performance Review AI-based Capabilities Dashboard And Reporting Employee Check-ins Management Employee Recognition Employee Surveys Goal Management Mobile Capabilities Platform Capabilities Review And Feedback Management Talent Management 100 81 100 66 80 86 100 82 100 96 100 88 83 69 20 57 80 36 83 95 75 100 92 63 0 25 50 75 100
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83%
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67%
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33%
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80%
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80%
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80%
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86%
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86%
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83%
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88%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

77%
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85%
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15%

User Sentiment Summary

Great User Sentiment 220 reviews
Excellent User Sentiment 271 reviews
85%
of users recommend this product

Engagedly has a 'great' User Satisfaction Rating of 85% when considering 220 user reviews from 4 recognized software review sites.

98%
of users recommend this product

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

4.1 (77)
n/a
4.67 (74)
4.85 (130)
4.0 (68)
4.9 (141)
5.0 (1)
n/a

Awards

SelectHub research analysts have evaluated Engagedly and concluded it earns best-in-class honors for 1-on-1s, AI-based Capabilities, Mobile Capabilities and Review and Feedback Management.

1-on-1s Award
AI-based Capabilities Award
Mobile Capabilities Award
Review and Feedback Management Award

SelectHub research analysts have evaluated Profit.co and concluded it earns best-in-class honors for Platform Capabilities. Profit.co stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Customer Support: The solution has a responsive and friendly customer support team, according to 100% of users.
Goal Management: According to 100% of users who reviewed this pro, it enables to track individual, team and business goals by timeline and allows users to monitor goals in one place.
Feedback/Reviews: About 100% of users who mentioned this pro said it provides a significant amount of flexibility when giving or receiving feedback.
User-friendly: Regarding this feature, approximately 88% of users said that the solution is easy and straightforward to use.
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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.
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Customization: The solution doesn’t have advanced customization options, according to 50% of users.
Reporting: According to 67% of users who reviewed this con, it lacks advanced reporting capabilities.
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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.
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Navigating the landscape of performance management software can feel overwhelming, but Engagedly emerges as a beacon of user satisfaction. Feedback from the past year paints a picture of a platform that prioritizes ease of use and comprehensive features, directly addressing pain points often associated with similar products. Users consistently highlight Engagedly's intuitive interface and robust functionality as key differentiators, enabling organizations to streamline performance management processes and foster employee engagement. The ability to seamlessly set goals, provide feedback, and facilitate coaching has resonated with users, leading to improved employee productivity and a more positive work environment. Engagedly's impact extends beyond mere task management; it empowers organizations to cultivate a culture of continuous improvement and development. The platform's emphasis on goal setting and tracking, coupled with its feedback mechanisms, equips employees with the tools they need to excel in their roles. This focus on employee growth and development is a recurring theme in user reviews, solidifying Engagedly's position as a valuable asset for organizations seeking to invest in their workforce. Engagedly is particularly well-suited for organizations that prioritize employee engagement and performance management. Its user-friendly interface and comprehensive features make it an ideal choice for businesses of all sizes, from small startups to large enterprises. Whether an organization is looking to streamline its performance review process, enhance employee development initiatives, or simply create a more engaged and productive workforce, Engagedly offers a compelling solution. The platform's adaptability and scalability ensure that it can grow alongside an organization, evolving to meet its changing needs.

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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.

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