Best OKR Software [2023]

best okr software

Table of Contents

What are OKR’s?

OKR stands for Objectives and Key Results. It is a goal-setting framework used by organizations to establish specific and measurable goals and track their progress towards achieving those goals.

A study conducted by Google in 2018 found that teams that used the OKR framework had higher levels of alignment, clarity, and commitment to goals than teams that did not use the OKR framework. The study also found that OKRs helped teams to be more ambitious in setting their goals and to achieve better results over time.

The OKR methodology is composed of two parts:

  1. Objectives: These are the overarching goals that an organization wants to achieve. Objectives should be specific, time-bound, and challenging, but also achievable. Objectives should answer the question, “What do we want to achieve?”

  2. Key Results: These are the specific metrics or milestones that an organization uses to measure progress towards achieving company objectives. Key results should be quantifiable, measurable, and indicative of progress towards the objective. Key results should answer the question, “How will we know if we are making progress towards our objective?”

The combination of objectives and key results creates a system that is both ambitious and focused. Objectives set the direction, while key results provide a way to measure progress towards that direction. By regularly reviewing and business objectives and key results, organizations can stay aligned and make progress towards achieving their goals.

What are OKR's?

What is OKR Software?

OKR tools are a type of software that helps businesses and teams implement and manage the OKR goal-setting methodology. OKR tracking software provides a centralized platform where teams can set and track their strategic objectives and key results, collaborate on their goals, and measure their progress over time.

“Annual performance reviews are costly, exhausting, and mostly futile.”

John Doerr (Measure What Matters)

Benefits of using OKR software

OKR (Objectives and Key Results) software provides numerous benefits for individuals and organizations. Here are some of the key advantages:

  1. Centralized platform: OKR software provides a central platform to create, manage, and track objectives and key results. This helps a team member stay aligned and work together towards common goals.

  2. Clear visibility: All stakeholders can access and view objectives, key results, and status updates in real-time. This enables clear visibility into progress and helps to identify areas that need improvement.

  3. Improved collaboration: OKR software solutions promote better collaboration among team members by providing a space for feedback, comments, and discussions related to objectives and key results.

  4. Streamlined performance management: The automation of certain tasks, such as setting goals, tracking progress, and generating reports, can help to streamline team performance. This saves time and resources for organizations and allows for more frequent check-ins and feedback.

  5. Customization and flexibility: OKR software can be customized to fit the specific needs and requirements of an organization. This allows for flexibility in terms of setting objectives and key results, tracking progress, and adjusting targets as needed.

  6. Integration with other tools: OKR management software can be integrated with other tools and software that organizations are already using, such as project management, CRM, or communication tools. This helps streamline processes and ensures that data is shared across platforms.

By using OKR software, teams can streamline their goal-setting and tracking processes, improve collaboration and communication, and gain greater visibility into their progress toward their objectives.

The 4 Best OKR software Providers (and how we chose them)

The 4 Best OKR software Providers (and how we chose them)

When it comes to implementing OKRs (Objectives and Key Results) in your organization, choosing the right software can be crucial to success. With a variety of options available in the market, it can be overwhelming to select the best one for your company.

To simplify the decision-making process, we’ve conducted extensive research and analysis to identify the top OKR software companies in the industry.

Our methodology for selecting the best performance management software vendors is based on several key factors. First, we considered the functionality and features offered by each software, including goal setting, tracking, and reporting capabilities. Second, we evaluated the user interface and ease of use, as well as the level of customization and integration with other tools.

We analyzed customer reviews and feedback on Serchen as well as G2 and Capterra, to gauge user satisfaction and the level of support provided by each vendor. Additionally, we took into account the pricing and affordability of each solution, as well as the level of customer service and support offered.

Using this methodology, we have identified the top OKR software companies that stand out in terms of their features, usability, customer satisfaction, and value for money.

In this blog section, we will compare and contrast these companies, providing a detailed overview of their offerings, pricing, and key differentiators to help you make an informed decision for your organization.

Perdoo Review

Perdoo Review: Streamline Your Goal-Setting Process

If you’re looking for a comprehensive OKR platform to help you set goals and track progress towards achieving them, Perdoo might just be the solution you need. As one of the leading companies providing tools to implement and manage OKRs, Perdoo is designed to make it easy for teams and individuals to create and track their goals, align them with the organization’s overall objectives, and monitor their progress.

Features

Perdoo comes with a variety of features to make goal-setting a breeze. Here are some of the most notable ones:

  • OKR management: Perdoo allows you to create, track, and manage your OKRs, as well as set deadlines, assign tasks, and monitor progress.

  • Real-time tracking: You can track your progress in real-time and get insights into what’s working and what’s not.

  • Customizable dashboards: Perdoo lets you customize your dashboard to get an overview of your progress and see how your goals align with your team and company goals.

  • Collaboration: You can collaborate with team members and share progress updates, feedback, and ideas in real-time.

Benefits

Using Perdoo can provide several benefits for individuals, teams, and organizations. Here are some of the most notable ones:

  • Clarity and focus: Perdoo helps you define clear and measurable goals and focus on what’s important.

  • Alignment: You can align your individual goals with your team and company goals, creating a sense of purpose and direction.

  • Accountability: With real-time tracking and progress updates, you can hold yourself and your team accountable and stay on track.

  • Improved communication: Collaborating with team members and sharing progress updates can improve communication and increase transparency.

Pricing

Perdoo offers three pricing plans: Starter, Business, and Enterprise. They offer a free version as a Starter plan, while the Business and Enterprise plans have a monthly fee.

Integrations

Perdoo integrates with several popular tools, such as Slack, Asana, and Jira, to streamline your workflow and make goal-setting even easier.

Customer Support

Perdoo offers customer support via email, chat, and phone. They also have a help center with detailed articles and tutorials to help you get started and troubleshoot any issues you may encounter.

Pros and Cons

Here are the main pros and cons of using Perdoo:

Pros

  • Comprehensive OKR platform with a variety of features

  • User-friendly interface and easy to get started

  • Real-time tracking and customizable dashboards

  • Collaborative tools for sharing progress updates and feedback

  • Integrates with several popular tools

Cons

  • Pricing may be a barrier for some users

  • Limited customization options for certain features

  • No mobile app at the time of writing

Summary

Overall, Perdoo is a powerful platform that can help you streamline your goal-setting process and stay on track towards achieving your objectives. With its intuitive interface, real-time tracking, and collaboration tools, it’s a great solution for teams and organizations looking to improve their goal-setting practices.

While the pricing may be a barrier for some users, the benefits of using Perdoo outweigh the drawbacks. We highly recommend Perdoo to anyone looking to improve their goal-setting practices and stay aligned with their team and company goals. With its comprehensive OKR platform and integrations with popular tools, Perdoo is a top-notch OKR solution for anyone serious about achieving their objectives.

Quantive Review

Quantive Review: Simplify Your Business Valuation Process

Quantive is a financial services firm that specializes in business valuation, exit planning, and financial reporting. The company provides a range of valuation services to help business owners, investors, and advisors make informed decisions about their investments.

Features

Quantive offers a variety of valuation services to help businesses navigate complex financial decisions. Here are some of the most notable features:

  • Business valuation: Quantive provides business valuation services for businesses of all sizes and stages. These valuations can be used for a variety of purposes, including tax and estate planning, mergers and acquisitions, and litigation support.

  • Exit planning: Quantive offers exit planning services to help business owners prepare for a successful exit. These services include business valuation, financial planning, and strategy development.

  • Financial reporting: Quantive can help businesses prepare financial reports, including projections and forecasts, that are accurate and compliant with accounting standards.

Benefits

Using Quantive’s valuation services can provide several benefits for business owners, investors, and advisors. Here are some of the most notable benefits:

  • Accurate valuation: Quantive’s business valuation services can help businesses accurately determine their value, which can inform important financial decisions.

  • Exit planning support: With Quantive’s exit planning services, business owners can prepare for a successful exit and ensure they maximize the value of their business.

  • Compliance: Quantive can help businesses ensure their financial reports are accurate and compliant with accounting standards, reducing the risk of legal issues.

  • Expertise: Quantive’s team of professionals have extensive experience in business valuation and financial reporting, which means businesses can rely on their expertise to make informed decisions.

Pricing

Quantive offers custom pricing for their services, depending on the scope of work required. The company provides a free consultation to discuss the specific needs of each client and develop a custom proposal.

Customer Support

Quantive provides customer support via email and phone, and they have a team of professionals available to answer any questions or concerns clients may have.

Pros and Cons

Here are the main pros and cons of using Quantive’s services:

Pros

  • Comprehensive financial services firm with a range of services

  • Experienced team of professionals with expertise in business valuation and financial reporting

  • Custom pricing to fit the needs of each client

  • Helps businesses make informed financial decisions

Cons

  • No self-service options available

  • Pricing may be a barrier for some businesses

Summary

Quantive is a financial services firm that can help businesses make informed financial decisions, including business valuation, exit planning, and financial reporting. With their team of experienced professionals and custom pricing options, Quantive is a great solution for businesses seeking financial guidance.

While the lack of self-service options and pricing may be a concern for some businesses, the benefits of using Quantive’s services far outweigh the drawbacks. We highly recommend Quantive to any business owner, investor, or advisor seeking financial guidance.

Weekdone Review

Weekdone Review: Simplify Your Team’s Progress Reporting

Weekdone is a progress reporting tool designed to help teams communicate, collaborate, and stay on track. With Weekdone, you can set goals, track progress, and share updates with your team in an easy-to-use platform.

Features

Weekdone comes with a variety of features to make progress reporting a breeze. Here are some of the most notable ones:

  • Goal setting and tracking: Weekdone allows you to set and track your goals, as well as assign tasks and monitor progress.

  • Customizable dashboards: You can customize your dashboard to get an overview of your progress and see how your goals align with your team’s objectives.

  • Collaboration: Weekdone allows you to collaborate with team members and share progress updates, feedback, and ideas in real-time.

  • Automated reminders: Weekdone sends automated reminders to keep you on track and ensure that progress updates are submitted on time.

Benefits

Using Weekdone can provide several benefits for individuals and teams. Here are some of the most notable ones:

  • Clarity and focus: Weekdone helps you define clear goals and focus on what’s important.

  • Alignment: You can align your individual goals with your team’s objectives, creating a sense of purpose and direction.

  • Transparency: With progress updates and feedback shared in real-time, Weekdone increases transparency and fosters open communication.

  • Time-saving: With automated reminders and a user-friendly interface, Weekdone saves you time and streamlines your progress reporting process.

Pricing

Weekdone offers several pricing plans to fit the needs of different teams. The plans include Basic, Premium, and Enterprise, with a monthly fee that varies depending on the number of users and features required.

Integrations

Weekdone integrates with a wide range of tools, such as Trello, Asana, and Slack, to streamline your workflow and make progress reporting even easier.

Customer Support

Weekdone offers customer support via email and chat, as well as a knowledge base with detailed articles and tutorials to help you get started and troubleshoot any issues you may encounter.

Pros and Cons

Here are the main pros and cons of using Weekdone:

Pros

  • User-friendly interface and easy to get started

  • Automated reminders to keep you on track

  • Collaborative tools for sharing progress updates and feedback

  • Customizable dashboards to get an overview of your progress

  • Integrates with a wide range of popular tools

Cons

  • Limited customization options for certain features

  • Pricing may be a barrier for some users

  • No mobile app at the time of writing

Summary

Weekdone is a progress reporting tool designed to help teams communicate, collaborate, and stay on track. With its user-friendly interface, automated reminders, and collaborative tools, Weekdone is a great solution for teams looking to improve their progress reporting practices and increase transparency.

While the pricing and limited customization options may be a concern for some users, the benefits of using Weekdone far outweigh the drawbacks. We highly recommend Weekdone to any team looking to streamline their progress reporting process and stay on top of their goals.

Profit.co Review

Profit.co Review: Streamline Your Performance Management

Profit.co is a performance management platform designed to help organizations align, measure, and improve performance. With Profit.co, you can set goals, track progress, and get insights into how your organization is performing.

Features

Profit.co comes with a variety of features to make performance management a breeze. Here are some of the most notable ones:

  • OKR management: Profit.co allows you to create, track, and manage your OKRs, as well as set deadlines, assign tasks, and monitor progress.

  • Customizable dashboards: You can customize your dashboard to get an overview of your progress and see how your goals align with your team and company goals.

  • Collaboration: Profit.co allows you to collaborate with team members and share progress updates, feedback, and ideas in real-time.

  • Automated reminders: Profit.co sends automated reminders to keep you on track and ensure that progress updates are submitted on time.

Benefits

Using Profit.co can provide several benefits for individuals, teams, and organizations. Here are some of the most notable ones:

  • Clarity and focus: Profit.co helps you define clear and measurable goals and focus on what’s important.

  • Alignment: You can align your individual goals with your team and company goals, creating a sense of purpose and direction.

  • Transparency: With progress updates and feedback shared in real-time, Profit.co increases transparency and fosters open communication.

  • Time-saving: With automated reminders and a user-friendly interface, Profit.co saves you time and streamlines your performance management process.

Pricing

Profit.co offers several pricing plans to fit the needs of different organizations. The plans include a free trial, Growth, Scale, and Enterprise, with a monthly fee that varies depending on the number of users and features required.

Integrations

Profit.co integrates with several popular tools, such as Slack, Jira, and Asana, to streamline your workflow and make performance management even easier.

Customer Support

Profit.co offers customer support via email and chat, as well as a knowledge base with detailed articles and tutorials to help you get started and troubleshoot any issues you may encounter.

Pros and Cons

Here are the main pros and cons of using Profit.co:

Pros

  • Comprehensive performance management platform with a variety of features

  • User-friendly interface and easy to get started

  • Automated reminders to keep you on track

  • Collaborative tools for sharing progress updates and feedback

  • Integrates with several popular tools

Cons

  • Pricing may be a barrier for some users

  • Limited customization options for certain features

  • No mobile app at the time of writing

Summary

Profit.co is a powerful platform that can help you streamline your performance management process and stay on top of your goals. With its comprehensive performance management features, integrations with popular tools, and user-friendly interface, Profit is a great solution for organizations looking to improve their performance management practices.

While the pricing and limited customization options may be a concern for some users, the benefits of using Profit.co far outweigh the drawbacks. We highly recommend Profit.co to any organization seeking to streamline their performance management process and achieve their goals.

“By clearing the line of sight to everyone’s objectives, OKRs expose redundant efforts and save time and money.”

John Doerr (Measure What Matters)

OKR Software - FAQ

OKR Software – FAQ

What is OKR software?

OKR software is a tool designed to help organizations implement and manage OKRs (Objectives and Key Results). These tools typically provide a platform for setting and tracking goals, enabling better alignment and transparency across teams and departments.

What are the benefits of using OKR software?

A: OKR software can help organizations establish clear, measurable goals, and track progress towards those goals over time. This can lead to improved alignment, productivity, and performance across the organization. Additionally, many OKR software tools provide analytics and reporting capabilities, enabling data-driven decision-making.

How do I choose the right OKR software for my organization?

When selecting an OKR software tool, it is important to consider factors such as functionality, ease of use, customization and integration options, pricing, and customer support. We recommend conducting research and analysis, including reading reviews and consulting with other businesses that have experience using the software.

How can I ensure successful adoption of an OKR software tool?

Successful adoption of an OKR software tool requires effective communication and training. It is important to ensure that all team members understand the goals and objectives being set, and how their individual contributions are expected to contribute to the overall success of the organization. Additionally, providing ongoing training and support can help ensure that team members are fully comfortable and engaged with the software.

Are there any free OKR software tools available?

Yes, there are some free OKR software tools available, such as Google Sheets or other spreadsheet software. However, many organizations prefer to use paid tools, which often provide more robust functionality and features, as well as better customer support.

Can you test OKR software a free trial?

Yes, most cloud software companies offer free trials. In the case of OKRs this is actually a great way to not only test the tools, but also test if the OKR framework is right for your business!

What is an OKR platform?

An OKR platform is a software tool that helps organizations create, manage, and track their objectives and key results. It provides a centralized platform for setting goals, assigning tasks, tracking progress, and providing feedback, which can help organizations to align their goals and achieve better outcomes. OKR platforms often include features like goal-setting templates, progress tracking, collaboration tools, and analytics, which can make it easier for organizations to implement and optimize the OKR framework.

What is OKR coaching?

OKR coaching is a service that provides guidance and support to individuals or teams on how to effectively set and achieve their objectives and key results using the OKR framework. This process involves teaching the fundamentals of OKRs, facilitating goal-setting sessions, providing ongoing support and feedback, and optimizing the OKR process. Overall, OKR coaching is a valuable resource for organizations and individuals looking to improve their goal-setting and achievement skills using the OKR framework.

Do OKR’s help with employee engagement?

Yes, OKRs can help with employee engagement by providing employees with a clear understanding of the organization’s goals and how their work contributes to those goals. When employees are involved in setting and tracking their OKRs, they feel a greater sense of ownership and accountability for their work, which can increase their engagement and motivation. By aligning employee objectives with the organization’s goals, OKRs can also create a shared sense of purpose and direction, which can help to build a positive and collaborative culture. Overall, the OKR framework can be an effective tool for improving employee engagement and performance in organizations.

What are OKR templates?

OKR templates are pre-designed documents or software tools that are used to help individuals or organizations create and manage their OKRs. These templates usually include predefined categories and fields for objectives, key results, and timelines, as well as other helpful features such as progress trackers and automated reminders. Both weekdone and perdoo offer templates as part of their software licence.

Overall Winner

In conclusion, after a thorough comparison of Perdoo, Quantive, Weekdone, and Profit.co, we have chose Perdoo as the clear winner in terms of its comprehensive features, user-friendly interface, and strong customer support.

However, it is important to note that all four of these OKR software companies are top performers in the industry, and the best choice for your organization will ultimately depend on your unique needs and priorities.

Quantive offers a great value for its affordable pricing, while Weekdone offers strong customization and integration capabilities. Profit.co provides excellent analytics and reporting features, making it a great choice for data-driven organizations.

We highly recommend all four of these tools, and encourage you to carefully evaluate your organization’s goals and requirements before making a decision. With the right OKR software in place, you can improve productivity, alignment, and focus across your teams, ultimately driving greater success for your business.

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