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Profit.co

Score9 out of 10

5 Reviews and Ratings

What is Profit.co?

Profit.co headquartered in Fremont offers Profit, an Objectives & Key Results (OKRs) software integrated with task and performance management directed toward 360-degree organization governance for accelerated growth while maintaining the best work culture.

Media

Create Objectives
Add Key Results
Company Dashboard
Department Progress Heatmap
Alignment

1 / 5

Love Profit.co

Pros

  • Easy to use
  • Has many off the shelf templates and metrics
  • Easy to customize

Cons

  • Would like to be able to edit dates after first check in
  • Some of the metrics seem a little counter intuitive
  • Would like email reminders

Most Important Features

  • OKR
  • Check ins
  • Reporting

Return on Investment

  • Increased utilization by leadership
  • Easy tracking
  • Easy implementation

Other Software Used

Microsoft Dynamics 365 Business Central (formerly Dynamics NAV), Microsoft Dynamics 365 (formerly Microsoft Dynamics CRM), Microsoft Dynamics 365 Marketing

Profit.co is a platform with many features that comes in handy, from objective management to performance review.

Use Cases and Deployment Scope

We wanted a tool that will help us to show the employees the bigger picture and how each department is influencing our objectives. Besides the picture we wanted to measure the progress of each department according to the goals they set. Profit.co turns out to be a good solution for that, you have a lot of features where you can set objectives and measure them via KPIs. Link the team objectives to the department level and then to the corporate level or vice versa. It might look complicated in the beginning but you get used to it.

Pros

  • Link objectives from different levels
  • Have a multitude of KPIs to track the Key Results
  • Integrated an employee performance review that van be used for HR and other metrics

Cons

  • Have an easier way to extract data from the API to our database

Most Important Features

  • Having a clear structure and hierarchy of the objectives and key results
  • Email notifications
  • Charts and data that help analyse the overall picture

Return on Investment

  • Not measured with hard numbers yet but definitely improved the employee's productivity.

Alternatives Considered

Asana

Profit.co 8/10

Use Cases and Deployment Scope

At my company, we use profit to log and track our OKRs, or Objectives and Key Results. Every staff member has access.

Pros

  • Cross communication between departments is good.
  • Visibility to others OKRs is good.
  • Customization is good.

Cons

  • Navigation can get really tricky sometimes.

Most Important Features

  • Being able to manager your own OKRsq
  • The hierarchy model for entering OKRS (Company > Department > Management > Employee).

Return on Investment

  • The jury is still out but our company really anticipates OKRs having a very large impact on the bottom line. And with the ability to more closely monitor OKRs than say, a google sheet, there is a real upside expected.