Performance management software is a tool designed to help organizations track and improve employee performance. It allows managers to set goals, provide feedback, and conduct evaluations, ensuring that employees understand their roles and responsibilities. This software often includes features for continuous feedback, performance reviews, and analytics to measure progress over time. By using performance management software, companies can foster a culture of accountability and development. It streamlines communication between employees and managers, making it easier to identify strengths and areas for improvement. Ultimately, this leads to enhanced productivity and employee satisfaction within the workplace.