Impraise vs Profit.co

Last Updated:

Our analysts compared Impraise 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

Impraise is a web-based software designed for HR teams that want to improve employee performance through a culture of feedback, goal management and regular check-ins. The company has a people-centric methodology and their customer success team works with users to incorporate best practices into their tailored business processes and implementation plan.
read more...
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.
read more...
$6/User, Monthly
Free Trial is unavailable →
Get a free price quote
Tailored to your specific needs
$7/User, Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Establish Feedback Culture: Impraise software is built to establish a culture of feedback at your organization. Timely, regular communication ensures employees are on the same page and encourages development. Employees are able to grow and improve faster when they’re regularly receiving feedback instead of on a quarterly or annual basis.  
  • Company Alignment: The system promotes company alignment by providing visualization of how individual, team and company goals collaborate to reach company objectives. 
  • Efficient, Personalized Review Process: The performance review feature helps users quickly put together custom reviews, saving your organization time and energy that could be allocated to performing the review itself. Personalization ensures you’re able to tailor reviews to satisfy your unique requirements. 
  • Facilitate Productive Conversations: Impraise is designed to facilitate more robust check-in conversations with predetermined talking points and actionable insights. Productive conversations lead to better follow-through rates and encourage change. 
  • You Should Count On Reminders: The automated email and mobile notification system reminds users of any pending tasks they may have within the system. 
read more...
  • 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.
read more...
  • Performance Reviews: Impraise offers a couple of performance review templates as well as the option to create your own custom template. From the classic performance review to engagement surveys, 360 reviews, leadership reviews and self-assessments, users have different review formats to choose and write their questions from. The system allows you to save frequently used custom templates. 
  • 1:1 Meetings: A dedicated shared space within the system and an Impraise Topics Library allows users to prepare for and collaborate on 1:1 conversations. The system can provide quick links to put on the calendar event and can notify you when a user adds a new note to your 1:1 agenda. The activity report tells you who has set up 1:1s and what agenda items need action. 
  • Goal Management: Users can view individual, team and company goals all in one place. You can assign goals to owners with due dates and update goal statuses as users make progress. Track and share progress, request feedback on a goal and stay on top of goals with smart reminders and note sharing. 
  • Real-Time Feedback: The system allows you to recognize accomplishments from your browser, mobile device or through Slack. Individuals may set up a collection of skills and competencies relevant to their position and then request feedback directly related to those skills. You can request feedback in real-time, for example, immediately after closing a sale or finishing a project. With this proactive approach, you don’t need to wait for your next scheduled meeting with your manager to get their opinion on your work.  
  • Check-Ins: Managers can set a cadence for check-ins to ensure they’re conducted on a regular basis. It automatically generates reports after check-ins to assist with follow-up and coaching efforts. 
  • Insights and Analytics: Reports are sharable and you’re able to view a holistic overview of performance by your team. They’re automatically generated after reviews and conversations, and help you track performance trends and predict future issues.  
  • Mobile App: Impraise employs a mobile-first approach and provides a mobile app so users can access system features from their smartphone.  
read more...
  • 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. 
read more...

Product Ranking

#38

among all
Performance Management Systems

#125

among all
Performance Management Systems

Find out who the leaders are

Analyst Rating Summary

68
79
67
83
88
69
0
20
Show More Show More
360 Degree Performance Review
Employee Recognition
Platform Capabilities
Goal Management
Review and Feedback Management
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Impraise
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 67 88 0 81 80 86 50 81 60 0 82 20 83 69 20 57 80 36 83 95 75 100 92 63 0 25 50 75 100
67%
0%
33%
83%
0%
17%
83%
0%
17%
67%
0%
33%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
20%
0%
80%
73%
0%
27%
55%
0%
45%
80%
0%
20%
80%
0%
20%
86%
0%
14%
14%
0%
86%
50%
0%
50%
83%
0%
17%
81%
0%
19%
95%
0%
5%
60%
0%
40%
75%
0%
25%
we're gathering data
N/A
we're gathering data
N/A
we're gathering data
N/A
100%
0%
0%
83%
0%
17%
92%
0%
8%
0%
0%
100%
63%
0%
37%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

36%
0%
64%
85%
0%
15%

User Sentiment Summary

Excellent User Sentiment 56 reviews
Excellent User Sentiment 271 reviews
90%
of users recommend this product

Impraise has a 'excellent' User Satisfaction Rating of 90% when considering 56 user reviews from 1 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.

4.48 (56)
4.85 (130)
n/a
4.9 (141)

Awards

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

User Favorite Award
Dashboard and Reporting 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

Seamless Integration: Impraise integrates smoothly with popular platforms like Slack, Microsoft Teams, and Google Workspace, making it easy to incorporate feedback into existing workflows.
User-Friendly Interface: The platform is intuitive and easy to navigate, even for employees who are not tech-savvy. This ensures widespread adoption and engagement.
Flexible Feedback Options: Impraise supports various feedback formats, including peer-to-peer recognition, 360-degree reviews, and manager-employee check-ins, catering to diverse organizational needs.
Show more
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.
Show more
Limited Customization: Users express frustration over the platform's lack of flexibility in tailoring the system to their specific needs. For example, some users find the review cycles and feedback templates too rigid, making it difficult to align with their company's unique performance management processes.
Reporting and Analytics: Many users find the reporting functionality to be limited, making it difficult to extract meaningful insights from performance data. For instance, users desire more comprehensive reports on employee progress, goal tracking, and overall performance trends.
User Interface: Some users find the platform's interface to be clunky and not intuitive, leading to a less than ideal user experience. This can make it challenging for employees and managers to navigate the system efficiently and complete tasks effectively.
Show more
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.
Show more

Do users praise Impraise? In fact, users do praise Impraise for its user-friendly interface, intuitive design, and robust reporting features, which make it easy to track progress and identify areas for improvement. They appreciate the platform's flexibility, allowing them to customize it to their specific needs and integrate it with other tools. However, some users have expressed concerns about the software's pricing, finding it to be expensive compared to competitors like BambooHR and Lattice. Others have noted occasional glitches and slow loading times. Despite these drawbacks, Impraise is generally well-regarded for its focus on continuous feedback and employee development, setting it apart from traditional performance management systems that often feel like a box-ticking exercise. Impraise is best suited for organizations that prioritize regular feedback and employee growth, particularly those with a modern, agile approach to performance management. Its intuitive design and customizable features make it adaptable to various team sizes and organizational structures. However, companies on a tight budget may find its pricing prohibitive and might consider exploring alternative solutions.

Show more

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.

Show more

Screenshots

Top Alternatives in Performance Management Systems


15Five

AssessTEAM

Betterworks

eloomi

Engagedly

Lattice

Leapsome

Performance Pro

Performly Intra

Performly Talent

PerformYard

Plai Team

Profit.co

Quantum Workplace

Reflektive

Trakstar

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings