What is a performance management app?
A performance management application is a web, mobile, or desktop application that enables managers to view and manage employee performance. Performance management apps typically include features for viewing employee progress toward goals, providing feedback on how well employees are doing their jobs, and analyzing the effectiveness of different company policies.
Performance management apps often share features with other employee management apps, such as recruiting apps, talent acquisition apps, HR automation apps, and employee onboarding & training apps. Some of the most popular performance management applications are ADP Workforce Now , Microsoft Dynamics 365 for Talent, and SAP SuccessFactors.
Examples of performance management apps built with Crowdbotics:
- A training and performance management app built for a company in the real estate industry.
- A marketplace app for the sales industry that allows salespeople to create profiles highlighting their experience, let potential employers know if they’re looking for new opportunities, and connect with companies in specific industries. Companies can create profiles, share jobs that they’re hiring for, and search for potential candidates based on filter and search capabilities.
- A performance management app built for educators that makes it easier for teachers to assess the retention of their students based on different assessment tests.
What is the typical cost to build a performance management app?
A performance management app usually costs about $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A performance management app with a low number of features (also known as a minimum viable product, or MVP) will be more affordable than an app that includes all intended functionality.
For example, here are some previous performance management app price quotes from Crowdbotics:
How long does it take to build a performance management app?
A performance management app usually takes 164 hours to build. However, a performance management app can be built in as few as 67 hours, or in as many as 300 hours. The exact timeline mostly depends on how complicated your specific app is. As a general rule, it will take longer if you require highly custom designs, niche features, complex logic, or non-standard release platforms.
For example, some previous performance management apps build with Crowdbotics received the following hourly estimates:
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Crowdbotics has quoted and built hundreds of applications for teams of all sizes. Browse our historical estimates by industry and app type to understand possible costs and considerations.
How to successfully grow your performance management application
A performance management app can grow rapidly by demonstrating that it provides clear value to the key stakeholder groups for which it was designed. For example, a performance management app for first responders has very different growth strategy than an app for financial managers. A performance management app for first responders needs to demonstrate how it can help first responders be better at their jobs, and also needs to demonstrate that there are enough other first responders using the app that the users will receive timely information about emergency incidents.
Risks and challenges of building a performance management application
A performance management app faces risks related to negligent or intentional mishandling of sensitive personal or company data, fraudulent activity by app users, and the violation of labor laws. Performance management apps should have robust access controls that allow managers on the platform to manage employee accounts with appropriate levels of access. If your app handles sensitive information you will want to ensure that all data is encrypted at rest. You should also provide managers with tools for monitoring account usage and user behavior in order to detect any fraudulent activity.
