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Global Performance Appraisal Software Market 2018-2022 - Key Vendors are Oracle, Saba Software, SAP SuccessFactors, SumTotal System & Ultimate Software - ResearchAndMarkets.com

[April 03, 2018]

Global Performance Appraisal Software Market 2018-2022 - Key Vendors are Oracle, Saba Software, SAP SuccessFactors, SumTotal System & Ultimate Software - ResearchAndMarkets.com

The "Global Performance Appraisal Software Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global performance appraisal software market to grow at a CAGR of 8.42% during the period 2018-2022.

Global Performance Appraisal Software Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Performance appraisal software have pre-defined programs that centralize processes such as monitoring compensation strategy; providing employee satisfaction; monitoring compensation levels, bonus payments, and awards; monitoring and analyzing compensation data; addressing employee queries about benefits; and streamlining processes to eliminate manual and ad hoc processes.

The latest trend gainng momentum in the market is emergence of cloud computing services. The introduction of cloud computing has improved and simplified the capabilities of performance appraisal software. Cloud computing provides central administration and control of all resources and HR-related activities.

Cloud computing eliminates the need for users to update and maintain their IT infrastructure. Services and maintenance are provided by the vendors that offered the performance appraisal software. Users do not have to install additional software to access applications and services. Service level agreements (SLAs) ensure the reliable delivery, management, and maintenance of service.

Key vendors