Performance Pro vs Profit.co

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Our analysts compared Performance Pro 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

Performance Pro is a cloud-based, all-in-one performance, compensation and learning management system that assists HR professionals to implement services from employee development to salary administration. It provides users with essential process automation, feedback facilitation, new hire learning programs and more. The platform is suitable for businesses of all sizes and across all industries.
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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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$2/Employee, Monthly
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$7/User, Monthly
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Tailored to your specific needs
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Product Assistance

Documentation
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Videos
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Documentation
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Videos
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Product Insights

  • More Customizable: Personalize learning paths, workflows, merit pay and more to align with organizational goals and ideals. 
  • Better Integrated System: Combine performance, compensation and learning management software to save valuable time and money by reducing the need to invest in multiple platforms. 
  • Monetized Employee Performance: Boost employee engagement and motivation by rewarding employees with monetary praise for exceptional performances, thus increasing productivity. 
  • Increased Workflow Capabilities: Use workflows to streamline processes, including performance reviews, which are readily available at any point in time. 
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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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  • Performance Management:  
    • Pay For Performance: Grant monetary rewards as employees reach their goals using tools such as merit budget allocation, competitive salary data and automated merit increase modeling. 
    • Automation: Create multiple workflows to orchestrate evaluations, employee development and check-ins, customize definitions for ratings, competency and weightings and use single sign-on capabilities. 
    • Goal Management: Set workplace performance goals and track progress by receiving updates. Store and view goals in the goal library and repository. 
    • Feedback: Provide timely evaluations in between annual reviews using real-time feedback tools and 360 views. Keep up to date with reviews by receiving check-in reminders and notifications. 
  • Compensation Management:  
    • Market Data: Attract top talent with credible salary data, salary grades and ranges and a step-by-step job evaluation process. 
    • Equal Pay: Capitalize on external market data, professional compensation consultants and internal salary range benchmarking to identify equal pay for equal work. Use market adjustments to structure compensation based on internal and external market factors. 
    • Merit Pay Modeling: Produce and compare merit paying models based on performances based on company budgets, allocations to managers and automated merit and bonus approvals. 
    • Pay For Performance: Classify top performers and potential flight risks using in-depth analytical tools. Create discretionary merit plans and plans that recognize head contributors. 
    • Automation: Automate job evaluation and benchmarking, merit scenario planning and annual salary updates to reduce the need for manual compensation processes. 
  • Learning Management:  
    • Career Development Plan: Develop employee skills along suitable learning paths based on current and future positions. Tailor training with specific courses and use knowledge retention tools to test and apply what employees have learned. 
    • Learning Program: Kickstart new hires into the business with customizable vision, mission and organizational culture lessons and learning paths to develop fundamental skills on products and services. Use assignment and tracking tools for required and role-based classes. 
    • Learning Content: Choose from over 1,000 courses from a library and select them based on skill areas such as HR, IT, sales and more. Personalize learning with the integrated course authoring system. 
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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

#3

among all
Performance Management Systems

#125

among all
Performance Management Systems

Find out who the leaders are

Analyst Rating Summary

54
79
42
83
69
69
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20
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Platform Capabilities
Platform Capabilities
Goal Management
Review and Feedback Management
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Performance Pro
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 42 69 0 47 40 0 83 73 63 91 41 38 83 69 20 57 80 36 83 95 75 100 92 63 0 25 50 75 100
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67%
83%
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17%
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33%
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100%
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45%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

46%
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54%
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User Sentiment Summary

Excellent User Sentiment 161 reviews
Excellent User Sentiment 271 reviews
90%
of users recommend this product

Performance Pro has a 'excellent' User Satisfaction Rating of 90% when considering 161 user reviews from 3 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.

4.6 (13)
n/a
n/a
4.85 (130)
4.5 (147)
4.9 (141)
4.0 (1)
n/a

Awards

Performance Pro stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite 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

Streamlined Goal Setting: Performance Pro simplifies the process of setting goals and aligning them with organizational objectives, making it easier for managers and employees to track progress and measure success.
Enhanced Performance Reviews: The platform offers tools for conducting more effective performance reviews, including customizable templates, 360-degree feedback, and performance analytics, enabling managers to provide more meaningful feedback and development opportunities.
Improved Employee Engagement: Performance Pro fosters a culture of continuous feedback and development, which can lead to increased employee engagement and motivation.
Data-Driven Insights: The platform provides valuable data and insights into employee performance, allowing organizations to make more informed decisions about talent management.
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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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Difficult to Use: Users have reported that the platform is not intuitive and requires extensive training to use effectively. This can lead to frustration and wasted time for HR staff and employees.
Limited Functionality: Some users have expressed disappointment with the limited functionality of Performance Pro, particularly in areas such as compensation management and succession planning. This can make it difficult for organizations to fully leverage the platform for their talent management needs.
Poor Customer Support: Several users have cited poor customer support as a major drawback of Performance Pro. They have reported long wait times, unhelpful responses, and a lack of follow-up from the support team.
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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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Is Performance Pro a real performance "pro"? Performance Pro is a customizable and automated performance management platform that helps businesses manage talent. It offers features like performance reviews, compensation management, and succession planning. Users praise its user-friendliness and customizability, particularly the ability to tailor content libraries with competencies and tools for meaningful feedback and goal setting. This empowers employees to take ownership of their professional development and aligns goals with strategic objectives, boosting performance and achievement across the organization. However, some users have pointed out limitations. They desire more robust reporting functionalities and integrations with other HR systems. Despite these drawbacks, Performance Pro stands out for its focus on driving employee development and aligning individual goals with organizational objectives. This makes it ideal for businesses prioritizing talent development and performance improvement. Its customizable features cater to various organizational needs and sizes, making it a versatile solution for businesses seeking to streamline performance management processes and foster a culture of continuous improvement.

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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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