GroSum Review
What is GroSum?
GroSum is an all-around employee performance and compensation management software for organizations of all sizes. It enables HR and supervisors to keep a close eye on employees’ advancements via regular updates and check-ins. Because of this, you can be sure that each worker is progressing towards the achievement of set objectives.
You can also use GroSum to send automatic emails to parties involved in the performance management lifecycle such as the employees in question and their supervisors or managers. This reduces the time spent on following up on the side of the HR facilitator.
What’s more, you can utilize GroSum in providing fair compensation and benefits to every member of the organization. This means that you can provide salary increments and bonuses dependent on the performance of employees. Thus, you can distribute your compensation budget accordingly.
Show MoreOverview of GroSum Benefits
Regular Employee Performance Tracking
Unlike annual reviews, regular employee performance tracking gives you real-time updates on how they are progressing towards their assigned objectives. This is possible because GroSum has a check-in module, which enables employees to record their advancements. Through this, team members and their leaders can coordinate with regard to achieving their goals.
Adaptable OKRs
OKRs need not be set in stone, as they may evolve depending on your business requirements. Because of that, GroSum offers the capability to create dynamic OKRs, which you can align to business realizes and priorities.
Automated Communications
Following up with employees, their peers, and their supervisors or managers for performance reviews can be arduous. Since the process is mostly manual, it involves a lot of email exchanges, telephone calls, and office visits. GroSum changes that by letting the HR facilitator send emails automatically to every party involved. As such, they can save time and complete assessments efficiently.
Performance-Based Compensation
Providing bonuses and salary increments is a tough topic to handle. That is why it helps to have an employee performance review manager that lets you see how much a team member has contributed to the organization. This enables you to be fair in giving bonuses and in raising salaries. More than that, this lets you make certain that you put your compensation budget to good use.
Show MoreOverview of GroSum Features
- Objectives Setting
- Employee & Manager Objectives Linking
- Key Results Management
- OKR Adaptation
- Regular Check-ins
- One-on-One Conversations
- Open Feedback & Anonymous Feedback
- 360-Degree Feedback
- Tailored Feedback
- Ratings-Based & Open-Ended Feedback
- Feedback Analyses
- Regular Review Scheduling
- Multi-Rater Reviews
- Performance & Rating Linking
- Moderated Reviews
- Review Discussions
- Compensation Budgeting
- Compensation Rules
- Managerial Involvement in Compensation
- Official Rewards Communication
What Problems Will GroSum Solve?
Problem #1: Performance Management Automation
When the annual performance review comes around, a lone HR executive is tasked to contact managers to discuss their performances. Since these conversations require inputs from peers and recommendations for training, there are different things to take into consideration. And because the process is manual, it can take almost three months to complete.
However, it can all change with GroSum, as HR managers can automate the review process almost entirely. The solution can improve different facets of the review workflow and make it a seamless procedure for everyone involved.
Problem #2: Employee Communication & Collaboration
A manager handling a sizable team is likely to encounter difficulties keeping track of communications and objectives. On top of that, the same person has confusing job responsibilities that involve putting their finger on team dynamics and deciding who among the team deserves a raise or a promotion.
This can all be clear with GroSum, though, because the application lets each team member send their reports directly to the manager. The software also facilitates collaboration between colleagues because they can ask for and receive feedback from each other to drive their personal and professional growth.
Moreover, each feedback and check-in is stored in the system to make it easier for decision-makers to determine the rating of employees and objectives.
Problem #3: Performance-Based Compensation
A compensation manager handling multiple locations would have the challenge of deciding how to distribute the compensation budget fairly. Plus, there is the problem of different currencies. This usually involves a complicated process of store segregation and compensation budgeting per store before the manager can get to setting rules for increments and calculating for bonuses. This can all be streamlined with GroSum because the solution automates the process. Thus, it can reduce the occurrence of errors and ensure that there is a fair distribution of compensation and bonuses.
Awards & Quality Certificates
GroSum Position In Our Categories
Keeping in mind companies have specific business-related demands, it is prudent that they avoid getting an all-in-one, ideal software product. Regardless, it is hard to try to find such application even among recognizable software products. The best step to undertake would be to shortlist the several significant aspects which entail research like major features, plans, technical skill levels of staff, company size, etc. Next, you should conduct the product research thoroughly. Go over some of these GroSum analyses and scrutinize the other applications in your list more closely. Such all-encompassing product investigation can make sure you keep away from unfit software products and subscribe to the one which delivers all the features your company requires.
Position of GroSum in our main categories:
TOP
100
GroSum is one of the Employee Monitoring Software products
TOP
500
GroSum is one of the 500 HR Management Software products
TOP
50
GroSum is one of the top 50 Performance Appraisal Software products
If you are considering GroSum it could also be a good idea to check out other subcategories of Performance Appraisal Software listed in our base of SaaS software reviews.
Companies have different needs and requirements and no software platform can be just right in such a scenario. It is pointless to try to find an ideal out-of-the-box software app that fulfills all your business needs. The wise thing to do would be to customize the system for your unique requirements, worker skill levels, budget, and other factors. For these reasons, do not hasten and subscribe to well-publicized leading solutions. Though these may be widely used, they may not be the ideal fit for your particular needs. Do your research, investigate each short-listed system in detail, read a few GroSum Performance Appraisal Software reviews, speak to the seller for explanations, and finally select the app that offers what you need.
How Much Does GroSum Cost?
GroSum Pricing Plans:
Free Trial
Performance Reviews
$100/month
Feedback & OKR
$50/month
360-Degree Feedback
$1,000
Quote-based Plan
Contact vendor
What are GroSum pricing details?
GroSum Pricing Plans:
Free Trial
Performance Reviews
$100/month
Feedback & OKR
$50/month
360-Degree Feedback
$1,000
Quote-based Plan
Contact vendor
GroSum has different performance review packages with variable enterprise pricing. A free trial and demo are available. You can see the differences between these plans below.
Performance Reviews – starts at $100/month
- Up to 50 users
- Basic Performance Review Module
For more users, check GroSum’s calculator on their website for the price.
Feedback & OKR – starts at $50/month
- Up to 50 users
- OKR Management
- Regular Checks
- Instant Feedback
- One-on-One Conversations
For more users, check GroSum’s calculator on their website for the price.
360-Degree Feedback – starts at $1,000
- Up to 40 participants
- One-Month Managed Services
- Reporting & Analytics
- Email Alerts & Reminders
For more users, check GroSum’s calculator on their website for the price.
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We realize that when you make a decision to get a Performance Appraisal Software it’s crucial not only to see how experts rank it in their reviews, but also to check if the actual people and businesses that bought this software are actually content with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and GroSum reviews across a wide range of social media sites. The data is then presented in a simple to digest way showing how many users had positive and negative experience with GroSum. With that information at your disposal you should be equipped to make an informed buying choice that you won’t regret.
Video
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Monthly payment
- One-time payment
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for GroSum?
GroSum can integrate with the following:
- Microsoft Active Directory
- SAP
- Oracle
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