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GroSum Review

GroSum
Our score: 8.0 User satisfaction: 96%

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.

Overview 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.

Overview 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

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

GroSum Position In Our Categories

Since businesses have particular business requirements, it is only reasonable that they steer clear of picking a one-size-fits-all, “perfect” software solution. Nonetheless, it would be almost impossible to pinpoint such an app even among well-known software systems.
The reasonable thing to do should be to tabulate the several vital functions that call for a investigation including important features, costing, technical skill ability of the users, organizational size, etc. Next, you should do the product research through and through. Browse over some GroSum reviews and look over the other software products in your shortlist more closely. Such comprehensive research guarantees you take out unfit apps and pay for the one which provides all the features you require business requires.

Position of GroSum in our main categories:

TOP 50

GroSum is one of the 50 leading Employee Monitoring Software systems

TOP 200

GroSum is one of the 200 HR Software products

TOP 50

GroSum is one of the top 50 Performance Appraisal Software products

If you are considering GroSum it may also be sensible to analyze other subcategories of Performance Appraisal Software collected in our database of B2B software reviews.

There are well-liked and widely used systems in each software group. But are they necessarily the best fit for your organization’s specific requirements? A trendy software application may have thousands of subscribers, but does it provide what you need? For this reason, do not blindly spend on popular systems. Read at least a few GroSum Performance Appraisal Software reviews and think about the aspects that you wish to have in the software such as the price, main tools, available integrations etc. Then, select a few solutions that fit your requirements. Try out the free trials of these apps, read online reviews, get information from the maker, and do your investigation systematically. This exhaustive research is sure to help you find the most excellent software solution for your firm’s specific needs.

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

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 buy Performance Appraisal Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and GroSum reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with GroSum. With that information at hand you should be equipped to make an informed buying 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?

  • email
  • phone
  • live support
  • training
  • tickets

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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.

What integrations are available for GroSum?

GroSum can integrate with the following:

  •         Microsoft Active Directory
  •         SAP
  •         Oracle
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Reviewed By Nestor Gilbert
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