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
Knowing that companies have distinct business-related needs, it is rational that they steer clear of purchasing an all-encompassing, “perfect” business program. Having said that, it would be difficult to stumble on such an app even among popular software systems. The right thing to undertake is to spell out the varied vital aspects which necessitate examination such as important features, costing, technical skill aptitude of staff members, organizational size, etc. Thereafter, you should perform your research comprehensively. Go over some of these GroSum evaluations and look over each of the software systems in your shortlist more closely. Such well-rounded product investigation ascertains you drop ill-fitting applications and pay for the system that includes all the aspects your business requires.
Position of GroSum in our main categories:
TOP
100
GroSum is one of the Employee Monitoring Software systems
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 beneficial to examine other subcategories of Performance Appraisal Software collected in our database of SaaS software reviews.
It is important to note that almost no service in the Performance Appraisal Software category is going to be an ideal solution able to fulfill all the requirements of various company types, sizes and industries. It may be a good idea to read a few GroSum Performance Appraisal Software reviews first as specific solutions can perform well exclusively in a really small group of applications or be prepared with a really specific type of industry in mind. Others can operate with an idea of being easy and intuitive and consequently lack advanced functionalities desired by more experienced users. There are also software that support a broad group of customers and offer a rich feature set, however this in most cases comes at a higher price of such a software. Be certain that you're aware of your requirements so that you purchase a software that provides specifically the functionalities you search for.
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 are aware that when you make a decision to buy a Performance Appraisal Software it’s important not only to learn how experts evaluate it in their reviews, but also to check whether the real people and businesses that use these solutions are actually happy with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and GroSum reviews across a vast array of social media sites. The data is then featured in a simple to digest format showing how many users had positive and negative experience with GroSum. With that information at your disposal you will be equipped to make an informed purchasing decision 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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