Betterworks was happy to announce that they had received an additional $27 million. The corporation was engaging in a series B investment, and they were able to garner over $65 million. Many companies were present including Kleiner Perkins and Emergence Capital. Betterworks will use the money received to ensure that there is increased product innovation within the firm. They will also focus on accelerating their sales momentum.
The firm offers performance management software, and many clients rely on this software. Since the company is always keen on making sure that they have catered to the needs of their clients, they have maintained their ability to innovate. Activities such as performance conversations, feedback, and goal creation have also increased, and they relate to continuous performance management. The clients of Betterworks were able to benefit through an increase in the enterprise agility, alignment, overall performance, and talent retention.
Betterworks is experiencing a rise in the number of sales regarding continuous performance management software. Corporations are using this software since it gas proven to be beneficial as compared to outdated annual performance review software. Among the benefits of using the software provided by Betterworks is that it is data backed and it has a continuous approach regarding performance management. A company that is looking forward to developing and motivating its workforce can benefit greatly from the services offered by Betterworks.
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Although some businesses are unable to improve the performance and productivity within the workplace, they can utilize the continuous performance management software since it will help them to gain a competitive advantage. When a company uses such software, it helps people to gain more knowledge about HR technology and the role it plays within a firm. Businesses can grow further after utilizing the HR software produced by Betterworks. Managers can also gain some insight into goal alignment, coaching, and feedback. Corporations can also be ready to face tomorrow’s challenges.