SuitePeople Performance Management
A NetSuite Human Resources (HR) Solution
The NetSuite SuitePeople Performance Management Add-on Module enables companies to improve workforce performance on a daily basis.
About SuitePeople Performance Management
SuitePeople makes performance management more efficient and keeps employees engaged by helping set goals, monitor progress toward them, and recognize achievements. Employees and managers can collaborate on goals, easily rate progress, and provide reflections on past performance. In addition, real-time, automated progress updates toward goals, powered by data from other NetSuite applications, including CRM and PSA, yield more accurate performance reviews.
SuitePeople Performance Management provides a central hub for administering the performance review process. Templates, scheduling capabilities, and customizable reports help HR leaders deliver a more intuitive and efficient review process. SuitePeople Performance Management reduces the time required to complete performance reviews and increases completion rates by automating objective aspects of employee goal management and the performance review process.
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Key Benefits
- Deliver more consistent and effective performance reviews
- Quickly create and customize performance review templates
- Streamlined employee approvals and acknowledgments process
- Reduces HR administrative tasks and manual processes
- Get better workforce performance data to drive decisions
- Easily prepare for reviews without digging up old documentation
- Real-time goal monitoring with automatic progress updates
- Managers and employees collaborate on goals & priorities, increasing performance and overall review impact
Key Features & Capabilities
- Automate goal management and performance review processes
- 12 customizable performance metrics and the ability to create new ones
- Progress automatically updates from operational NetSuite data
- Managers can approve, monitor, coach on, or re-prioritize goals
- HR can schedule and notify employees when reviews are due
- Company-wide performance review results help inform workforce planning decisions around hiring, promotions, or reorganizations
Track Employee Metrics, Progress, and Status in NetSuite
Employees can select from a list of industry-specific performance metrics or manually set goals. SuitePeople Performance Management includes 12 predefined goal metrics and allows employees to create additional metrics by pulling data from other NetSuite applications. In addition, goal-progress metrics for a given employee are automatically updated from operational NetSuite data in real time, ensuring each goal includes accurate progress for each performance measurement.
Available goal statuses are 'Planned', 'In Progress', and 'Closed', and drag-and-drop functionality lets employees easily move goals between status phases. In addition, the status of a given goal is visually displayed in a dashboard portlet tailored to each employee.
Employee Goal Management & Reports in NetSuite
In SuitePeople, employees set goals tied to their work using performance metrics, and managers approve their direct reports' goals. Managers and employees can use threaded conversations to discuss and reflect on performance toward goals at any time. This interactive experience encourages frequent discussions about progress, promotes more timely and effective feedback, and simplifies performance review preparation. Together with their managers, employees can re-prioritize goals based on business needs to keep focused on the most critical work. In addition, since goal-related discussions and decisions are tracked, they can easily be referenced during performance reviews.
By leveraging SuiteAnalytics Workbooks alongside SuitePeople Performance Management, HR managers and NetSuite admins can access standard performance-related reports and view an individual employee's overdue reviews, rating distribution, and review history. In addition, teams can see an overview of goals across the organization, including information on overdue goals.
Manage Performance Reviews in NetSuite
With SuitePeople Performance Management, review templates define instructions, questions, and rating scales. In addition, HR leaders or admins can create performance review templates with questions tailored for different locations, jobs, subsidiaries, or departments to help evaluate employees more consistently.
For individual reviews, each employee's goals over the period are automatically pulled into their performance review. Both employees and managers can rate performance on individual goals, and these rating scales can be easily added to performance review templates.
While employees acknowledge the contents of a review at the end of the cycle, HR or designated admins can customize the acknowledgment language. HR then completes the review process by approving individual reviews.
SuitePeople Performance Management Module FAQs
Yes! NetSuite's SuitePeople Performance Management module is Oracle NetSuite's answer to performance management tools for NetSuite ERP.
Yes! NetSuite's SuitePeople Performance Management module is a great performance management solution. However, if this module does not meet your company's needs, we recommend checking out the NetSuite Employee Portal, available through the Advanced Entity Portals NetSuite App.
Yes! Anchor Group provides implementation services for NetSuite modules, including SuitePeople Performance Management. Contact us to learn more about our NetSuite module implementation services.
Already using NetSuite but not ready to add this module?
Help your team reach goals faster and more frequently with a simple, FREE tool by Anchor Group! The NetSuite Saved Search Progress Bar allows you to visually track measurable progress toward goals. You can follow the step-by-step tutorial to set it up and customize it yourself, with no associated service fees.
Related NetSuite Solutions
If the NetSuite SuitePeople Performance Management module doesn't fit your needs, there are many other helpful solutions available through NetSuite: