Name: Perfacto
Author: goFusion

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Perfacto, developed by goFusion Software Systems, is a strategic performance management platform that leverages embedded artificial intelligence and achievements data mining capabilities. According to the vendor, Perfacto is designed to improve employee engagement, lead teams, and drive high performance with a focus on target setting, feedback scheduling, and data analysis. It caters to organizations of all sizes, from small startups to large enterprises, and is used by professionals in Human Resources, Talent Management, Performance Management, Organizational Development, and Business Management.

## Key Features

**AI-driven Performance Management**: Perfacto utilizes artificial intelligence and achievements data mining to assist organizations in managing target setting, feedback scheduling, and data analysis, aiming to enhance employee engagement and drive high performance.

**Autopilot feedback scheduling and response management process with embedded AI**: According to the vendor, Perfacto automates the feedback scheduling and response management process with minimal human involvement. It allows organizations to define feedback review strategies, set up review frequencies, and integrate feedback from various stakeholders. The platform enables robotic management of feedback schedules, automated emails to feedback providers, response monitoring, and generation of performance scores.

**Set performance targets, goals at different levels, and manage achievements updation process**: Perfacto empowers organizations to set performance targets and goals at various levels, such as departments, business units, branches, projects, and individuals. It facilitates the robotic allocation of yearly performance targets for each Key Performance Indicator (KPI) and allows the setting of quarterly checkpoint values. The platform provides an ETL tool to upload targets, achievements, or transactional data, enabling organizations to extract insights and identify achievements.

**Measure feedback and achievements data scientifically, generate performance scores**: Perfacto allows organizations to build evaluation metrics to scientifically measure feedback and achievement data. According to the vendor, organizations can create, reuse, and customize evaluation metrics across the organization. The platform supports the creation of multiple-choice question (MCQ) metrics with scores for each choice, which can be incorporated into feedback templates. Additionally, it offers a library of pre-configured evaluation metrics to choose from.

**Create a collective performance culture with an inclusive and equitable approach**: Perfacto helps organizations establish a framework that connects individual efforts to organizational performance. It facilitates the creation of performance centers, enrollment of employees, setting periodic goals, and evaluating achievements. The platform offers flexibility in adjusting review frequencies, implementing continuous feedback, and conducting 360-degree feedback. According to the vendor, it automates the performance review process, reducing the effort involved in conducting performance appraisals.

**Build high-performing workplaces with an emphasis on accountability, integrity, and commitment to excellence**: According to the vendor, Perfacto aims to create high-performing workplaces where employees feel included and empowered to contribute. The platform focuses on continuous improvement and driving results, fostering a culture of accountability and commitment to excellence. It helps organizations measure diverse feedback received from customers and stakeholders to evaluate overall performance and identify areas for improvement.

**Flexible automation levels**: Perfacto offers three levels of automation: Entry Level Automation, Partial Robot Controlled, and Fully Robot Controlled. According to the vendor, this flexibility allows organizations to gradually transition to higher levels of automation based on their specific needs and readiness.

**Customizable and flexible feedback review strategies**: The platform allows organizations to define and customize feedback review strategies according to their unique requirements. This includes defining weight breakdown rules, setting up review frequencies, and integrating feedback from various stakeholders.

**ETL tool for data upload and mining**: Perfacto provides an Extract, Transform, Load (ETL) tool that allows organizations to upload targets, achievements, or transactional data. This tool enables organizations to extract insights and identify achievements at specific performance centers or individual levels.

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Employee Performance Management is the process by which a manager or consultant examines and evaluates an employee's work behavior by comparing it with preset standards,  documents the results of the comparison, and uses the results to provide feedback to the employee to show where improvements are needed and why.

Beyond locating employees areas of potential improvement, employee performance management software might also include Leadership Management assessments or modules to help management locate potential leaders in the ranks and provide a promotion or learning path that sets the right expectations as employees grow in competence and rank, in preparation for assuming management responsibilities.

Employee Performance Management

goFusion

Performance Management

Performance management is the process of ensuring employees meet pre-determined objectives and goals through regular check-ins and appraisals.

Performance plans

Supervisors have ability to build individual performance plans including, goals, competencies, etc..

Plan weighting

Supervisors have ability to weight or prioritize individual elements of the performance plan.

Manager note taking

Ability for managers to insert ad-hoc notes about performance or evaluation process; supports continuous feedback.

Performance improvement plans

Supervisors can track disciplinary actions such as performance improvement plans.

Review status tracking

Supervisors can monitor and track review status completion with dashboard showing milestones and status.

Rater nominations

Supervisors can nominate additional employee raters for feedback.

Rater nomination workflow

Ability for nominated raters to accept or reject their nomination.

Review reminders

System can generate reminders to ensure review completion timeliness.

Workflow restrictions

Workflow restrictions ensure that employee can only see finalized official review once completed.

Review transfer

Ability of a manager to transfer a review to another manager.

Multiple review frequency

System supports multiple review types including annual, quarterly mid-year and anniversary reviews.

Reporting

Reporting capabilities provide dashboards, ad-hoc reports and custom reporting capabilities.

Performance and Goals

Goal alignment is the practice of ensuring that all employees have clearly defined goals in support of the overall corporate strategy.

Corporate goal setting

Corporate goal setting is the ability to define corporate goals, and/or vision statements in the system.

Subordinate goal setting

Subordinate goal setting is the ability to define subordinate departmental or team goals in support of overall corporate goals.

Individual goal setting

Individual goal setting is the ability to define individual goals that align to organizational and subordinate goals.

Non-hierarchical goal setting

Ability to set goals outside of official reporting relationships.

Line-of sight-visibility

Line-of-sight visibility is the provision of line-of sight visibility for each goal to see how goals support overall corporate objectives.

Performance tracking

Performance tracking allows managers to track individual progress against goals as a component of overall performance.

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Employee Performance Management Software

Perfacto

Overview

What is Perfacto?