What are Profit's top competitors?

Lattice , Betterworks , and 15Five are common alternatives for Profit.

The most common users of Profit are from Mid-sized Companies (51-1,000 employees).

Profit Reviews & Ratings 2024

Name: New and Improved Profit.co
Uploaded: 2022-03-07T11:46:50.000Z
Duration: 1 min 40 s
Description: Profit.co combines OKRs, performance, tasks, and employee engagement

Overview

What is Profit?

Profit.co headquartered in Fremont offers Profit, an Objectives & Key Results (OKRs) software integrated with task and performance management directed toward 360-degree organization governance for accelerated growth while maintaining the best work culture.

Profit.co is a platform with many features that comes in handy, from objective management to performance review.

Rating: 9 out of 10

May 30, 2022

IncentivizedVetted ReviewVerified User

We wanted a tool that will help us to show the employees the bigger picture and how each department is influencing our objectives. Besides the picture we wanted to measure the...

Verified user

Project Manager

1 year of experience

Profit.co 8/10

Rating: 8 out of 10

March 24, 2022

IncentivizedVetted ReviewVerified User

At my company, we use profit to log and track our OKRs, or Objectives and Key Results. Every staff member has access.

Verified user

Manager

1 year of experience

Love Profit.co

Rating: 10 out of 10

July 19, 2021

IncentivizedVetted ReviewVerified User

Our organization is using it across all departments by the department managers. We rolled it out to our leadership last year and plan to cascade it to the rest of the organiza...

Noemi Ortega

Manager - Human Resources

HR/Implementation Manager

Allied Modular

1 year of experience

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Pricing

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Profit

N/A

Unavailable

What is Profit?

Entry-level set up fee?

Setup fee optional

For the latest information on pricing, visithttps://www.profit.co/pricing

Offerings

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services

Would you like us to let the vendor know that you want pricing?

Alternatives Pricing

Microsoft Viva

$108

per year per user

What is Microsoft Viva?

Microsoft Viva (including the former Ally, or Ally.io) is a Strategic Goal-Planning & Execution Management software that enables businesses like Slack, Remitly, Plaid, Teleperformance and UrbanClap to operate with the organizational alignment, agility, focus and transparency they need to match the…

Wrike

$9.80

per month per user

What is Wrike?

Wrike is a project management and collaboration software. This solution connects tasks, discussions, and emails to the user’s project plan. Wrike is optimized for agile workflows and aims to help resolve data silos, poor visibility into work status, and missed deadlines and project failures.

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Product Details

About
Integrations
Competitors
Tech Details

What is Profit?

Profit.co provides an enterprise-class SaaS application for companies to define,manage and execute their goals. Companies and teams can define their goals as OKRs and manage their collaborative execution through the full life cycle of OKRs. Quarterly goals (OKRs) can be broken down to daily “Tasks'' and managed through its “Task management” application. Profit.co also provides “Employee Development” and “Employee Engagement” modules to facilitate the people processes in achievement of goals. It also comes with over 400 pre-defined KPIs and also allows users to define their own custom metrics based on personal or business-specific goals.

Profit Screenshots

Screenshot of Department Progress Heatmap

Profit Video

Profit.co combines OKRs, performance, tasks, and employee engagement

Profit Integrations

Profit Competitors

Profit Technical Details

Deployment Types	Software as a Service (SaaS), Cloud, or Web-Based
Operating Systems	Unspecified
Mobile Application	Apple iOS, Android, Windows Phone, Mobile Web
Supported Countries	Global

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Comparisons

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Reviews and Ratings

(5)

June 5th 2024

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Pros
Cons

Customer Support: Users consistently praise the customer support team at Profit.co for their availability, responsiveness, professionalism, and helpfulness. Many reviewers have mentioned that the support team is always prompt in addressing queries and providing assistance.

User-Friendly Interface: The user interface of Profit.co is highly praised by users for its intuitive design, ease of navigation, and the convenience of having all modules combined on the same page. This eliminates the need to constantly switch between different sections, making it easier for users to navigate and use the software effectively.

Dashboard Functionality: The dashboard feature of Profit.co is highlighted as a particularly useful tool that allows users to track organizational objectives and goals in a detailed and centralized manner. This feature provides a comprehensive view of progress and helps users stay focused on key results.

Confusing User Interface: Some users have found the user interface of the software to be confusing, overwhelming, and difficult to navigate. They have mentioned a lack of intuitiveness and the need for guidance and assistance.

Steep Learning Curve: The training and onboarding process for the software has been described as overwhelming and time-consuming, with a steep learning curve. Users suggest a more streamlined and topic-focused training approach to make it easier for new users to understand.

Too Many Features: Some users feel that the software is too feature-rich, offering an excessive number of options. This can lead to confusion among new users who struggle to understand how everything connects and functions together.

Reviews

(1-3 of 3)

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Profit.co is a platform with many features that comes in handy, from objective management to performance review.

Rating: 9 out of 10

Incentivized

May 30, 2022

Verified User

Vetted Review

Verified User

1 year of experience

Use Cases and Deployment Scope

We wanted a tool that will help us to show the employees the bigger picture and how each department is influencing our objectives. Besides the picture we wanted to measure the progress of each department according to the goals they set. Profit.co turns out to be a good solution for that, you have a lot of features where you can set objectives and measure them via KPIs. Link the team objectives to the department level and then to the corporate level or vice versa. It might look complicated in the beginning but you get used to it.

Pros and Cons

Link objectives from different levels
Have a multitude of KPIs to track the Key Results
Integrated an employee performance review that van be used for HR and other metrics

Likelihood to Recommend

It is good for companies that want to have clear Objectives, where they describe how they will achieve them and will track the progress. If used properly it can significantly improve the company's productivity and the employees' understanding of where the company is going. This platform will find its customers in companies that are oriented towards efficiency and are willing to invest some time and effort to understand how their departments are working. Thus, reflect on how you can improve things.

Most Important Features

Having a clear structure and hierarchy of the objectives and key results
Email notifications
Charts and data that help analyse the overall picture

Return on Investment

Not measured with hard numbers yet but definitely improved the employee's productivity.

Alternatives Considered

Asana

Profit is more complex, if you want to have more than just objective management then Profit.co might be for you. You când ad the employee's performance, have surveys, reviews, chat, and give rewards. Take into count more features, and more time needed to adapt, but most of the time it's worth it.

Profit.co 8/10

Rating: 8 out of 10

Incentivized

March 24, 2022

Verified User

Vetted Review

Verified User

1 year of experience

Use Cases and Deployment Scope

At my company, we use profit to log and track our OKRs, or Objectives and Key Results. Every staff member has access.

Pros and Cons

Cross communication between departments is good.
Visibility to others OKRs is good.
Customization is good.

Likelihood to Recommend

Profit.co is well suited, in my experience, for the managing and tracking of OKRs. Other than navigation sometimes being tricky, Profit.co offers a very wide range of customization that can really lend itself to great communication which is known to be a real struggle in most organizations.

Most Important Features

Being able to manager your own OKRsq
The hierarchy model for entering OKRS (Company > Department > Management > Employee).

Return on Investment

The jury is still out but our company really anticipates OKRs having a very large impact on the bottom line. And with the ability to more closely monitor OKRs than say, a google sheet, there is a real upside expected.

Love Profit.co

Rating: 10 out of 10

Incentivized

July 19, 2021

Noemi Ortega

HR/Implementation Manager

Allied Modular (Construction, 51-200 employees)

Vetted Review

Verified User

1 year of experience

Use Cases and Deployment Scope

Our organization is using it across all departments by the department managers. We rolled it out to our leadership last year and plan to cascade it to the rest of the organization using performance management functionality as well.