Compare Trakstar and performsmart insperity - Jun 2022

Shlomi LaviShlomi Lavi / Jun 09, 2022

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Bottom Line: Which is Better - Trakstar or performsmart insperity?

Trakstar is more expensive to implement (TCO) than performsmart insperity, Trakstar is rated higher (91/100) than performsmart insperity (87/100). performsmart insperity offers more features (7) to their users than Trakstar (6).

Looking for the right Employee Performance Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Trakstar compares with Insperity Business Services, L.P.?

Trakstar: Since 2001, we've been striving to revolutionize the world of employee evaluations by creating user-friendly yet powerful performance management tools. Today, with over 800 companies worldwide using Trakstar to streamline performance appraisals and build strong goal-setting cultures, we're proud to say we’ve achieved our mission... and we’re not ...

Insperity Business Services, L.P.: Insperity, a trusted advisor to America’s best businesses for more than 26 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity™ Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrat...

Who's more expensive? Trakstar or PerformSmart?

The real total cost of ownership (TCO) of Employee Performance Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Trakstar and PerformSmart.

Trakstar price starts at $4,370 per year , on a scale between 1 to 10 Trakstar is rated 6, which is similar to the average cost of Employee Performance Management software. PerformSmart accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Trakstar is rated 6, which is similar to the average cost of Employee Performance Management software.

Bottom line: Trakstar is more expensive than PerformSmart.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Trakstar Vs. performsmart insperity based on some of the most important and required Employee Performance Management features. Trakstar: Dashboards & KPIs, Recruiting Management, Appraisal History, Custom Rating Systems, Customizable Questions, Self-Appraisals. PerformSmart: Appraisal Performance, Software Customization, Employee Self-Service, HR Management, Payroll.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. PerformSmart is perfect for small and midsize companies that are looking for a way to track and align employee goals.

Trakstar

ITQlick rating
(4.4/5)

starts at $4,370 per year

Trakstar is a cloud-based performance appraisal software that is designed to assist with the assessment of the performance of the employees, feedback management as well as reviews, and also an assessment of the...

Categories: Performance Management, Travel Management, HR Analytics, Employee Performance Management.

performsmart insperity

ITQlick rating
(4.8/5)

PerformSmart is a cloud-based system, which is designed to help organizations mage their employees properly and perform performance evaluation of the employees regularly with ease. PerformSmart is designed to s...

Categories: Human Resources.

Compare specifications

Compare features

Trakstar: 6 Features

Dashboards & KPIs
Recruiting Management
Appraisal History
Custom Rating Systems
Customizable Questions
Self-Appraisals

PerformSmart: 7 Features

Appraisal Performance
Software Customization
Employee Self-Service
HR Management
Payroll
Performance Record
LMS
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Trakstar
ITQlick rating
4.4/5
Score
91/100
Pricing
6.4/10
License pricing
$4,370 per year
Functionality
13
Compare
performs...
ITQlick rating
4.8/5
Score
87/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Performa...
ITQlick rating
4.5/5
Score
92/100
Pricing
2.4/10
License pricing
$2 per employee/month
Functionality
21
Reviewsnap
ITQlick rating
4.4/5
Score
91/100
Pricing
5/10
License pricing
$3,040 per year
Functionality
11
Kenexa H...
ITQlick rating
4.8/5
Score
90/100
Pricing
5/10
License pricing
Pricing not available
Functionality
3

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.