The right KPI software can help improve performance and provide growth opportunities. Learn about the 12 best KPI software platforms and how to choose the most suitable one for your business.
The 12 best KPI software platforms and how to choose a KPI tool in 2023
In today's fast-paced business world, organizations increasingly turn to Key Performance Indicators (KPIs) to drive decision-making, monitor progress, and evaluate performance.
Consequently, selecting a reliable and efficient KPI software platform has become a top priority for businesses seeking to remain competitive and achieve strategic targets.
With the current trends, it's essential to understand the various options available and how to choose. Therefore, this article will highlight the top 12 KPI software platforms that businesses can consider in 2023.
- Best 12 KPI Software Platforms
- At a Glance, KPI Software platforms compared
- What are the Key Features I should consider?
- How do I choose the right platform for me?
- Frequently Asked Questions
Best 12 KPI Software Platforms
Ranked in no particular order, here are 12 of the best KPI Software Tools available.
SimpleKPI is an industry leader in KPI software, counting over 50,000 satisfied users worldwide. The company's robust KPI tools are specially designed to help businesses improve their performance monitoring, resulting in significant increases in profit margins and operational efficiencies.
Offering a range of highly requested KPI functions such as KPI Dashboards, Reports, Analytics, and integrations, SimpleKPI allows its users to maximize their software needs. With the ability to seamlessly integrate data, they can easily create stunning, insightful dashboards and reports for their businesses.
What sets SimpleKPI apart is its uncomplicated yet powerful platform. Despite its features, the user-friendly design makes it easy to incorporate and use. You can quickly customize your KPIs to suit your performance strategy, giving you complete control.
SimpleKPI's exceptional reputation and track record of success in the industry makes it an excellent choice for businesses seeking to enhance their performance monitoring efforts.
SimpleKPI's features include:
- KPI Dashboard
- KPI Reports
- Integrations / Zapier
- Custom Built KPIs
- Manual Entry / Excel Spreadsheet / Google Sheets
- User Management/roles and Hierarchies
- Sharing / Embedding
$99 per month – Unlimited Users, Dashboards, and Reports – No hidden fees
Tableau is an established and popular data visualization tool that has revolutionized the data analysis and business intelligence domains. Its versatile and user-friendly platform enables data analysts to create interactive and insightful visualizations that enable decision-makers to make informed decisions based on data-driven insights.
One of Tableau's key features is its ability to handle large volumes of data with unprecedented speed and efficiency. It can work with different data types, including text, numbers, and geographic information, and seamlessly integrate them to analyze the data comprehensively. Tableau also supports data blending, which allows analysts to combine data from multiple sources and create custom relationships between them.
Tableaus features include:
- Team Collaboration
- AI Data Explanations
$70 - $15 per user per month, depending on the plan.
Yellowfin is a top-tier analytics and business intelligence (ABI) software vendor that offers a comprehensive suite of world-class products powered by advanced automation capabilities. It boasts a vast user base of over 3 million end-users across 75 countries and more than 29,000 organizations that rely on its platform daily. The company has garnered significant recognition from the world's leading analyst firms for its innovative approach to BI.
What sets Yellowfin apart from other analytics providers is its unwavering commitment to supporting the builders, designers, developers, data scientists, and DevOps teams who endeavor to assemble and embed data solutions into business applications and workflows. This state-of-the-art KPI software platform delivers multi-experience KPI analytics that empowers decision-makers to see, understand, and do more with their data effortlessly.
Yellowfin features include:
- Data Science Integration
- Meta-Data Modelling
- Data Visualization
- Assisted Discovery
- Automated KPI monitoring
Starting from $50 per user per month.
Klipfolio is an exceptional online dashboard platform that empowers users to create real-time dashboards effortlessly. Klipfolio's intuitive interface and robust features enable users to monitor critical metrics and KPIs in a fraction of the time other platforms require. The platform has captured a significant market share owing to its exceptional ease of use, cost-effectiveness, and flexibility.
Moreover, the platform offers seamless integration with various marketing, sales, accounting, and IT applications, making it the go-to dashboard platform for multiple industries.
Additionally, Klipfolio's wide range of dashboard templates, widgets, and data sources enables users to personalize their KPI dashboards and gain greater control over their data visualization. By leveraging Klipfolio's robust analytics capabilities, organizations of all sizes can make data-driven decisions, automate critical processes, and stay ahead of the competition.
Klipfolio features include:
- KPI Dashboards
- Goals and Targets
- Collaboration and sharing
$99 to $799 a month, from 4 users.
GoodData is a state-of-the-art business intelligence (BI) KPI software platform that empowers businesses to centralize their data management and analysis. With its cutting-edge technology, GoodData enables users to seamlessly track and analyze performance metrics and KPIs across multiple data sources.
What sets GoodData apart is its intuitive and user-friendly interface that enables even data newbies to access and analyze data quickly.
GoodData features include:
- Reports Interface
- Data Visualizations
- Data Modelling
- Data Filtering
- KPI Reporting
Starts at $1,000 per month, + additional workspace fee
Have you heard of Datapine? They have been shaking up the world of data analytics through their impressive technological innovation. It's not just any run-of-the-mill KPI software platform. This gem offers an all-in-one solution for exploring, visualizing, and sharing data with super-sleek dashboards.
And get this - you don't need to be a tech wiz to use Datapine. Their modern self-service analytics functions and intuitive user interface make it easy for anyone to access professional KPI analytics.
Datapine features include:
- Agile Analytics
- Data Alerts
Starts at $219 per month, one user.
Perdoo is a cutting-edge KPI software platform. This solution streamlines strategy, goal, and people management, making it the ultimate tool for business success. Perdoo uses an innovative Objectives and Key Results (OKR) framework to implement and execute your company's strategy quickly.
Perdoo has helped countless organizations reach their full potential with a user-friendly interface and comprehensive features. Plus, with increased semantic richness and more detailed information, you can be confident that you're getting the best tool for your business needs.
Perdo features include:
- OKR and KPI Management
- Goal Settings and Tracking
- Team Management and Collaboration
$7.50 - $19.50 per user after that. Up to 10 users and limited features free.
If you're in search of a comprehensive data visualization and KPI software tool, look no further than Hive. This latest product version offers a range of features that make it a top choice for businesses of all sizes.
One of the features of Hive is its Goals dashboard. This dashboard gives users an overview of their organization's performance in various areas and lets them drill down into specific metrics to see where they need to improve.
Another critical feature of Hive is its ability to handle large datasets. Built on top of Hadoop, Hive is designed to work efficiently with massive amounts of data, allowing you to manage and analyze your KPIs more effectively. And with various data visualization tools, including Tableau, HUE Beeswax, HBase Pig, and Zeppelin, you can get a clear picture of your data and uncover insights that may have otherwise gone unnoticed.
Hive features include:
- Time Tracking
- AI Assist
$18 per user per month, or limited features free for ten users.
Geckoboard is a revolutionary KPI software tool that enables businesses to monitor their metrics on a real-time basis. This tool is designed to help enterprises to keep track of their performance against set targets, make informed decisions, and eventually achieve their goals. Geckoboard has become synonymous with simplicity, increased visibility, and actionable insights.
From a user perspective, Geckoboard integrates with more than 60 different channels, including Google Analytics, Salesforce, Zendesk, and Slack, making it one of the most versatile KPI software tools on the market. The tool provides a range of different data visualizations, including line graphs, bar charts, and funnel visuals, all of which can be customized to fit a specific organization's style and needs.
Geckoboard features include:
- KPI Dashboard
- Data Integrations
- Dashboard Examples
- TV Ready
$49 per month for 3 users - $699 per month for 25 users
With Databox, you can easily set up custom dashboards and reports that give you a real-time view of your website traffic, engagement rates, and conversion metrics. Whether you are a small business owner looking to optimize your online presence or a marketing team leader tasked with improving ROI, Databox makes it easy to monitor your performance, spot trends, and make data-driven decisions.
One of the benefits of Databox is its flexibility and ease of use. Whether you are a beginner or an experienced marketer, you'll find the platform intuitive and user-friendly. Plus, with a wide range of integrations available (including tools like Google Analytics, HubSpot, and Facebook Ads), you can pull data from all your favorite sources and get a holistic view of your digital performance.
Databox features include:
- Custom Metric Builder
$91 per month for 5 users - $289 per month for unlimited users.
Are you looking for a powerful and fun solution to help your team stay motivated and productive? Look no further than Plecto! This innovative platform is designed to provide real-time data insights and engaging visualizations that help your team stay on top of their goals and perform at their best.
With Plecto, you can easily track your team's progress and KPIs in an informative and engaging way. Whether you're visualizing your sales numbers, tracking your support tickets, or keeping tabs on employee performance, Plecto is the perfect tool for the job.
And with real-time data updates and mobile access, you can stay on top of your team's progress no matter where you are.
Plecto features include:
- KPI Coaching Tools
- Custom Reports
$220 per month for 10 licenses or $375 per month inc Reports and SQL Integrations.
#12 Qlik Sense
Introducing the Key Performance Indicators (KPI) capabilities of Qlik Sense. This business intelligence tool utilizes data-driven insights to monitor your organization's performance. You can easily track and measure your KPI goals and objectives through the platform's advanced data visualization and dashboards, enabling quick decision-making and driving optimal business outcomes.
Qlik Sense empowers you to gain a deeper understanding of your organization's performance, enabling you to identify trends, uncover hidden insights, and monitor the overall health of your business. With Qlik Sense's KPI capabilities, you can enhance your business strategy and accelerate growth by ensuring your initiatives align with your goals.
Qlik Sense features include:
- Self-service Visualization
- Interactive Dashboards
- Alerting and Actions
- Custom Embedding
$30 per user per month.
At a Glance, KPI Software platforms compared
|Provider||Price / User per Month||Free Trial||Key Features|
|SimpleKPI||Unlimited users $99||14 Day Free trial||
|Tableau||$70 - $15 per user per month||14 Day Trial||
|Yellowfin||Starting from $50 per user per month||No||
|Klipfolio||$299 a month / 8 Users – Free for limited use||14 Day Trial||
|Good Data||Starts at $1,000 per month, + additional workspace feed||30 Day Trial||
|Datapine||$219 per month, 1 user||14 Day Trial||
|Perdoo||Up to 10 users and limited features free. $7.50 - $19.50 per user after that.||No||
|Hive||$18 per user per month or limited features free for 10 users.||14 Day Trial||
|Geckoboard||$49 per month for 3 users - $699 per month 25 users||14 Day Trial||
|Databox||$91 per month 5 users - $289 per month unlimited users||14 Day Trial||
|Plecto||$220 per month 10 licenses / $375 per month||14 Day Trial||
|Qlik Sense||$30 per user per month||30 Day Trial||
What are the key KPI Software features you should consider?
When it comes to selecting KPI software, companies are often presented with an overwhelming number of choices. However, for most businesses, only five critical features must be considered.
First up: KPI dashboards. These dashboards provide a real-time snapshot of all the relevant KPIs in a single view, making it easy to identify trends and issues quickly. Plus, they're customizable based on a user's specific needs and preferences. Imagine being able to make informed business decisions at a glance instead of scouring through reams of data.
Next, KPI reports provide in-depth analysis and insights. With KPI reports, users can drill down into the data to uncover patterns and trends that may be hidden in the raw data. These reports also make it easy to share key insights with stakeholders, such as investors or senior leadership. And much like dashboards, these reports are customizable and can be generated in various formats to meet the needs of different audiences.
Sharing and Collaboration
Speaking of sharing, the ability to share KPI dashboards is another critical feature. Collaboration is essential in today's work environment, and sharing dashboards and reports with multiple stakeholders makes it easier for teams to stay on the same page. Whether it's with team members, vendors, or customers, being able to share KPI data in a secure, user-friendly way is essential for effective collaboration.
But what about data integrations? Connecting KPI software with existing systems can help businesses create a more streamlined and efficient workflow. For example, data from CRM systems, marketing automation tools, and accounting software can be integrated with KPI software to provide a comprehensive view of a company's performance. This feature can save valuable time by automating data collection and analysis.
Ease of use
Lastly, ease of use is critical when choosing KPI software. After all, what good is a bunch of fancy features if no one can figure out how to use them? That's why businesses should look for software that is intuitive and user-friendly. The best KPI software should be easy to navigate, with clear instructions and a welcoming interface.
How do I choose the right KPI software for me?
Choosing the perfect KPI software can be daunting, especially with the many available options. However, by carefully assessing crucial factors such as user-friendliness, data representation, analytical prowess, flexibility, and customization options, businesses can zero in on the ideal software platform that caters to their distinct needs.
To tackle this quest, it's important to consider how easily users can navigate the software without the need for extensive training. Additionally, it's crucial for the software to efficiently represent data in a visual manner that's easy to understand.
The ability to analyze KPI data in-depth is another critical factor to look out for, along with the software's ability to scale to accommodate organizational needs and changes. Lastly, a customizable software platform allows businesses to tailor it to their requirements.
With a thorough analysis of these factors, businesses can confidently choose a KPI software platform that aligns with their needs, making data management and analysis a breeze.
Frequently asked questions
What is KPI software?
KPI software is a tool that helps organizations track and measure performance against specific goals and objectives. It provides a platform for tracking and analyzing performance metrics, such as customer satisfaction, sales, production efficiency, and financial performance.
Why do Companies use KPI Software?
In today's dynamic business landscape, companies must keep a close eye on their performance to achieve their strategic objectives and stay ahead of the competition. To this end, KPI software comes in handy as it provides objective feedback on business performance, helping businesses identify problems and make timely adjustments to their strategies.
What is the recommended KPI software for SMEs?
It can be challenging for businesses across all scales to keep track of their key performance indicators (KPIs). However, some large market players tend to levy a per-user fee for KPI tracking, which can cause implementation expenses to snowball. SimpleKPI emerges as a breath of fresh air in this scenario, offering unlimited users at an affordable, fixed price. By adopting SimpleKPI, businesses can breathe easily without worrying about any hidden fees or costs from additional users. This makes for a cost-effective and hassle-free KPI tracking methodology that any business can benefit from, regardless of its size or scale.
SimpleKPI offers an unlimited plan, so there are no hidden costs, and once more, it's also super easy to get started.
As we have discussed, various factors should be considered when selecting a platform that suits your needs and budget. The article has highlighted the most relevant features of the 12 best KPI software tools available.
It's essential to track your key performance indicators regularly to keep your business on track and aligned with your goals. With the help of KPI software, businesses of all sizes can now have access to affordable and practical tools that offer real-time data to optimize their management processes.
We encourage our readers to take a closer look at the 12 best KPI software platforms mentioned in this article and choose the one that matches their business requirements. By implementing the right KPI software, businesses can set their targets and track their performance regularly, which will help them make informed decisions, increase productivity, and reduce overhead costs.