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Employee Performance Management Software


ProcurementIQ’s Employee Performance Management Software procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Employee Performance Management Software to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Employee Performance Management Software - Recent Price Trend

From 2015 to 2018, prices for EPM software have been increasing at an estimated annualized rate of 1.0%. This increase in prices can be attributed to rising demand spurred by strengthening business activity in the technology sector. In particular, the improving economic environment has led to the establishment of more businesses, many of which have turned to technology for better ways to conduct.

Employee Performance Management Software - Total Cost of Ownership

The total cost of ownership for EPM software is moderate, which harms buyers because they may face some unexpected costs. The total cost of ownership can be up to 50.0% of the benchmark price. Some EPM software providers charge implementation costs or initiation fees that can increase the up-front expenditure needed to utilize the software. Other hidden costs may include annual renewal fees.

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About this Report

This report is intended to assist buyers of employee performance management (EPM) software. EPM software is used to evaluate individual employee performance. Additional services may include employee goal setting and tracking, compensation analysis, self-appraisals, peer appraisals, 360 feedback and learning management tools. Providers offer this software through the cloud or through on-premise deployments. This report does not include products or services that serve other employee management functions, such as payroll, benefits administration, regulatory compliance, recruiting and onboarding.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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