AI Performance Management Software

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:

1. 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.
2. 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.
3. 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.
4. 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.

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What are the key features of Effy AI?

Effy AI offers several key features designed to streamline and enhance performance management and feedback processes:

• AI-powered performance review and feedback software: Simplifies the process of gathering and analyzing feedback.
• Slack integration: Enables easy use within the Slack platform.
• Various review types: Includes performance reviews, 360-degree feedback, 90-day reviews for new hires, and monthly check-ins.
• Pre-made templates: Allows for easy setup and initiation of reviews within minutes.
• Built-in analytics: Provides insights for growth and team performance improvement.
• User-friendly interface: Ensures ease of use, with 96% of customers finding it easy to use.

How can Effy AI be used in organizations?

Effy AI supports multiple use cases tailored to organizational needs:

• Performance reviews: Facilitates regular assessments to measure and enhance employee performance.
• 360-degree feedback: Collects comprehensive feedback from peers, managers, and subordinates to aid in employee development.
• 90-day reviews: Provides onboarding feedback for new hires to ensure successful integration and identify early performance issues.
• Monthly check-ins: Enables continuous performance feedback and ensures alignment with team goals.
• Weekly updates: Keeps the team in sync with frequent performance updates, crucial for agile and dynamic work environments.

What are the pricing plans for Effy AI?

Effy AI offers flexible pricing plans to accommodate the differing needs of organizations:

• Free Plan: Allows users to start at no cost, with up to 5 reviews per year.
• Pro Plan: Priced at $540 per year, this plan supports up to 30 reviews annually.
• Enterprise Plan: Customized pricing based on the organization’s specific requirements, such as the number of reviews and custom question setups.
• Free trial: Effy AI provides a free trial, enabling users to explore its features without any initial commitment.