AI Performance Management Software
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AI-powered 360 feedback and performance review software. It provides the fastest experience in conducting employee reviews with ready-to-use templates and AI-generated reports. It fits best companies that are just starting to build review processes and those that conduct reviews occasionally. Start for free and then pay per use.
What is effy.ai?
Effy.ai is a cost-free performance management software that leverages artificial intelligence to create reports and provide insights derived from employee feedback and reviews. This tool is specifically crafted to facilitate the management of employee evaluations for small and medium-sized businesses or teams. Its primary objectives include aligning employee goals with overall business objectives and enhancing team productivity and engagement. Effy.ai further enhances its usability by offering pre-made templates, facilitating the completion of reviews within the Slack platform, and integrating seamlessly with other tools.
How much does effy.ai cost?
Effy.ai is a performance management software powered by artificial intelligence, dedicated to assisting teams in managing feedback, reviews, and development plans. As per available web search results, Effy.ai offers three distinct pricing options:
- Free Plan: This plan permits up to 5 reviews annually and serves as a cost-free entry point for users.
- Pro Plan: Priced at $540 per year, the Pro plan extends the capability to conduct up to 30 reviews annually, making it a suitable choice for businesses with more extensive evaluation needs.
- Enterprise Plan: The Enterprise plan is tailored to the specific requirements of each organization. Its pricing varies based on factors such as the frequency of reviews and the inclusion of custom questions, ensuring a flexible and personalized solution.
It's important to note that Effy.ai offers a free trial period, allowing users to explore its features and functionalities at no cost before making a commitment to any of the paid plans. This approach enables users to assess the suitability of Effy.ai for their needs and make an informed decision when they are ready to upgrade.
What are the limitations of effy.ai?
Effy.ai, while offering several benefits, comes with certain limitations that potential users should consider:
- Suitability for Smaller Entities: Effy.ai is primarily designed for small and medium-sized businesses or teams. Larger organizations may encounter challenges in scaling and customizing the software to align with their intricate needs and processes. This could potentially limit its effectiveness for more extensive enterprises.
- AI-Based Insights: Effy.ai relies on AI-generated reports to offer insights and recommendations derived from feedback data. However, it's essential to acknowledge that AI, while powerful, may not consistently capture the full nuances and contextual aspects of human communication. Users might need to exercise their judgment and experience to verify and interpret the reports accurately.
- Limited HR Tool Integration: Effy.ai lacks integration capabilities with other HR tools or platforms like payroll, benefits, or learning management systems. Users may need to resort to multiple tools to manage distinct aspects of the employee lifecycle and performance, which can introduce complexities and inefficiencies.
- Feature Set: Effy.ai is a relatively new entrant in the software market, which may translate into certain feature gaps. For instance, it does not currently support peer recognition, goal setting, or self-assessments. Users may need to await future updates or enhancements to access these functionalities, which could be critical for their specific requirements.
It's important for potential users to evaluate these drawbacks in the context of their unique organizational needs and consider whether the advantages of Effy.ai outweigh these limitations.
How does Effy.ai use AI?
Effy.ai employs artificial intelligence to meticulously analyze respondents' input and produce in-depth reports for individual employees, utilizing the information gathered from their reviews. The tool further utilizes AI technology to construct a heat map analysis, offering insights into each employee's strengths, weaknesses, opportunities for improvement, and alignment with the company's overarching goals. This AI-driven approach to performance reviews streamlines the process, substantially reducing the time and effort typically spent on manually analyzing and summarizing review responses.
How does effy.ai ensure data privacy and security?
Effy.ai places a strong emphasis on data privacy and security, ensuring that user information is safeguarded through a combination of rigorous measures:
- Adherence to Regulatory Standards: Effy.ai upholds the highest corporate data privacy and security standards, complying with the European General Data Protection Regulation (EU GDPR) legal framework.
- Secure Data Storage: User data is stored within Amazon Web Services (AWS) infrastructure, housed in secure and reliable data centers. These data centers are subject to 24/7 monitoring, equipped with robust security measures including biometric scanning and video surveillance. AWS facilities are certified under SOC 1, SOC 2, and SOC 3, attesting to their security and reliability.
- Data Encryption: Effy.ai prioritizes data protection during transmission by utilizing bank-grade TLS 1.2 (Transport Layer Security), specifically HTTPS. Additionally, all databases and their backups are encrypted using 256-bit encryption.
- Password Security: Effy.ai enhances user password security by employing hashing and salting techniques, ensuring that passwords are never stored in plain text.
- Data Backup: The platform regularly backs up user data, typically on a daily basis. Users also have the flexibility to schedule periodic backups through the platform's scheduled reports feature.
- Security Standards and Testing: Effy.ai is developed following the guidelines of the Open Web Application Security Project (OWASP). Throughout the software development lifecycle, both manual and automatic security and vulnerability checks are conducted.
- Access Control: Access to customer data is strictly limited to authorized employees who require it for their job responsibilities. Data access is logged to maintain accountability.
- Two-Factor Authentication: Users are offered two-factor authentication to enhance data access security.
- Regular Testing and Scanning: The platform undergoes third-party penetration tests at least annually, and scanning tools are employed to monitor and detect vulnerabilities continuously.
- Single Sign-On (SSO): Effy.ai provides Single Sign-On functionality across all plans at no additional cost, simplifying user access and enhancing security.
- Role-Based Permissions: Users can configure role-based permissions for various types of requests and employee cards, allowing for fine-grained control over data access.
- Data Handling: Effy.ai commits to deleting or providing all user data upon request, unless it is subject to a legal hold or investigation, emphasizing transparency and user control over their data.
