Overview
What is FocalReview?
FocalReview is a compensation planning and performance management software solution that helps businesses streamline their compensation and performance-related processes more effectively. This configurable system can be deployed on-cloud or on-premises, supports multiple languages and currencies, and...
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- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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SpiraLinks FocalReview® Total Rewards Compensation Software
Product Details
- About
- Tech Details
What is FocalReview?
FocalReview is a compensation planning and performance management software solution that helps businesses streamline their compensation and performance-related processes more effectively. This configurable system can be deployed on-cloud or on-premises, supports multiple languages and currencies, and offers various pay options. It includes dedicated modules for compensation management, performance management, and an online self-service portal for increased employee engagement in the appraisal process.
With the FocalReview software's compensation module, managers can configure reward systems based on established business goals while keeping track of reports and industry benchmarks. The performance management tools help to create customized performance forms for individuals or departments to stimulate better employee productivity. Additionally, it integrates a self-service employee portal that improves staff visibility into Total Rewards by having an intuitive dashboard through which they can view notifications, statements, participate in appraisals all aimed at enhancing staff engagement with these processes. Overall,FocalReview aims to offer organizations effective data-driven methods within the HRIS ecosystem aimed at streamlining complicated HR operations thereby promoting greater efficiency across teams whilst offering detailed real-time analytics around the companys' most valuable resource - people.
FocalReview Video
FocalReview Technical Details
Operating Systems | Unspecified |
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Mobile Application | No |
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Community Insights
- Business Problems Solved
FocalReview has been instrumental in solving several business problems experienced by users. One of the major issues the software addressed is providing an efficient system to replace a cumbersome spreadsheet used for compensation and bonus information. According to users, managers can now easily adjust this information without assistance, allowing for quick and accurate updates to be made.
The platform also offers centralized oversight of policy applications and budgets, something previous systems lacked. This has provided greater transparency and accountability, leading to improved communication within the business and between HR and employees. In addition, users have noted that this software has streamlined the appraisal process and improved data security on sensitive employee information.
FocalReview automates many processes which were previously done manually using spreadsheets and mail merges. As a result, users have experienced an improvement in efficiency, with speedy turnaround for auditing data and sending updates. The software's versatile platform allows it to meet changing business needs easily. Minimal guidance is required for employees to use the system, while customizable reports and labels align with internal policies and language. Overall, FocalReview has an excellent reporting capability providing dynamic statistics, making it an asset in making informed decisions about compensation adjustments or bonuses.