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Goals + Feedback + Fair Reviews, One System

Performance Management System for Goals, Feedback, and Fair Reviews

Use OKRs, KRAs or your own system to set objectives. Gather feedback from 360 degrees. Conduct appraisals in a timely fashion. The performance management module of TankhaPay directly links each appraisal to payroll and salary payments.

1,000+ Companies
ISO 27001
CMMI Level 5
Built for 100+ Employee Teams
Review CycleFrom goal to rating
Live
Goal SetLinked to team and company objectives
Done
Feedback CollectedPeers, managers, and self-review
Done
Appraisal Cycle RunOn schedule, no manual chasing
In Progress
Rating CalibratedFair, consistent across teams
Done
Synced to PayrollRatings inform compensation directly
Done
Trusted by Leading Organisations across the Globe
Quick Definition

What Is a Performance Management System?

A performance management system (PMS) is a computer program used by companies for managing their employees' performances in an organized manner. It helps to link an individual’s performance with the company’s goals and provides information about productivity, strengths, and weaknesses. The PMS offered by TankhaPay links performance directly to salary, where ratings make a difference in salary, rather than being just figures on a sheet..

What is a performance management system
Problems We Solve

The Performance Review Problems Costing You Good People

Most of this stays invisible until your best performer leaves because nobody told them they were valued.

Annual-Only Reviews

One conversation a year can't capture eleven months of actual work, good or bad.

✓ Continuous feedback, not a once-a-year event

Inconsistent Ratings

Same performance results in different ratings based on the manager who conducts the evaluation.

✓ Calibrated, consistent scoring

Goals Nobody Tracks

Target goals that were set in January, nobody revisits them again until the next appraisal cycle.

✓ Goals tracked and visible year-round

Ratings Disconnected From Pay

Performance reviews that live in one tool while compensation decisions happen somewhere else entirely.

✓ Ratings flow directly into payroll
See How TankhaPay Fixes This
Key Features

Everything You Need to Run Fair, Structured Reviews

From establishing your first objective through to completing the entire evaluation process.

Appraisal Cycle Management

Manage timeframes, stages and participants beforehand in order to complete the evaluations on time and with no panic.

Skill Sets & Competencies

Define role-specific skills and track development over time, tied to real growth plans.

Customisable Questionnaires

Questionnaires developed for specific positions and departments have rating or open questions.

Performance Summaries

Clear, per-cycle summaries that highlight strengths and flag areas for improvement.

PMS Reports

Five different reports including status, rating, scoring, history, and skill matching.

Goal Alignment

Individual and team goals linked directly to company-wide objectives.

360-Degree Feedback

Input from peers, subordinates, and supervisors, not just a single manager's view.

Automated Reminders

Automatic reminders for reviews, feedback and goals.

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The TankhaPay Difference

Ratings That Actually Inform Pay Decisions

Most performance management systems end their journey with the rating. TankhaPay, however, is different because the performance management system is integrated with the payroll system, and appraisal results affect compensation, increments, and bonuses without any exportation process.

  • Appraisal scores accessible at the point where compensation is decided upon
  • No need to manually enter ratings in payroll or compensation planning software
  • A single record for each employee – from goal setting to salary revision
See It In Action
Employee performance appraisal timeline connected to salary and compensation
Any Framework You Run

Built for OKRs, KRAs, or Whatever Framework You Use

TankhaPay fits your performance model, not the other way round — across departments, business units, and field teams spread over multiple locations.

OKRs

Objectives and key results, tracked and updated in real time against measurable targets.

KRAs

Key result areas mapped to each role, with clear accountability per employee.

Custom Frameworks

Bring your own review model — TankhaPay configures around it, not the reverse.

Any Team Shape

Field teams, remote staff, and office employees were all evaluated fairly and consistently.

Every Review Type

Every Type of Performance Review, Supported

Different roles need different review formats. TankhaPay runs all of them from the same system, not a separate tool for each.

360-Degree Review

Information collected from the boss, colleagues, and subordinates to get an overall view.

Manager Review

The traditional top-down evaluation is structured and scored consistently.

Self-Assessment

Employee records his own achievements before the official review process.

Continuous Check-Ins

Ongoing feedback between formal cycles, not just one conversation a year.

Reporting

Five Reports, Every Angle of Performance Covered

Access powerful, detailed reports to analyse and improve performance management at every level.

Performance summary dashboard with ratings, top performers, and rating trends

Appraisal Status Report

Track which reviews are complete, pending, or in progress.

Appraisal Ratings Report

See overall performance ratings across teams or the entire company.

Score Report

Break down individual or team scores for deeper analysis.

Ratings History

View an employee's historical performance ratings over time.

Goal Report

Monitor progress against set goals for better accountability.

Skill Set Matrix

Map employee skills for strategic development and deployment.

Skills & Competencies

Build a Culture of Growth With Real Skill Tracking

Identify role-specific skills and competencies and chart the progress of each employee towards them throughout his/her career. Personal development plans continue to be in sync with organizational objectives and skills will be measured in an objective way.

  • A role-specific skills and competencies framework, and not a one-size-fits-all framework
  • Progress measured consistently throughout the career, and not just for appraisals
  • Objective measurement that influences promotions and training decisions
See It In Action
Skills and competencies tracking with ratings and development plans
Built for Complex Organisations

Built for How Large Organisations Actually Work

HR leadership needs consistency across the whole company. Department heads need their own team run fairly. TankhaPay serves both from the same platform.

For HR & People Leadership

  • Rating calibration to be consistent across managers and departments
  • Performance analytics company-wide, not by departmental extracts
  • Audit trail for all cycles for all business units
  • Governance that stands up to scrutiny over compensation decisions
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For Department & Business Unit Heads

  • Review cycles and templates configured for your specific team
  • Goals that stay visible to your team year-round, not just at appraisal time
  • Customisable questionnaires by role, seniority, or function
  • Department and location-level trend analytics for your own reporting
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How It Works

From Goal-Setting to Calibrated Rating, in One Flow

1

Set Goals

OKRs, KRAs, or a custom framework, linked to company objectives.

2

Collect Feedback

Conduct check-ins and 360-degree feedback more than just once a year.

3

Run the Cycle

Appraisal stages, timelines, and reminders are handled automatically.

4

Calibrate & Sync

Ratings finalised and reflected directly in payroll and comp decisions.

Why TankhaPay

How Is This Different From Other HR Software?

Different from most HR software solutions, which are solely focused on annual reviews, TankhaPay delivers a continuous, insight-driven approach to managing performance.

 Annual-Review-Only ToolsTankhaPay PMS
Review frequencyOnce a year✓ Continuous, plus formal cycles
Goal trackingSet once, rarely revisited✓ Tracked and visible year-round
Rating consistencyVaries by manager✓ Calibrated across teams
Payroll connectionSeparate tool, manual re-entry✓ Same platform, automatic
Framework supportOne rigid format✓ OKR, KRA, or custom
HR Insights

Learn More About Performance Management

Practical guidance for HR teams building a fairer, more consistent review process in 2026.

Trusted by 1,000+ Businesses

Build a Culture of Growth & Accountability

Performance management system is not just about measuring people; it is about creating ownership among them. Setting goals, tracking the progress of these goals, providing feedback on their completion, and conducting appraisals contribute to creating a performance management culture that aligns organisational goals with the goals of its employees.

What Changes Once It's In Place

  • The feedback system becomes part of the regular process, not the once-a-year shock system.
  • The workers understand clearly how their efforts contribute to organizational objectives.
  • Pay and promotions are made on the basis of information rather than assumptions made from memory.
FAQs

Questions Before You Book a Demo

What is a Performance Management System, and why is it important for businesses?
A performance management system (PMS) is the tool through which organizations can effectively measure, evaluate, and develop the performance of employees in an organized way. It ensures that all the efforts of the employees are aligned with the organization’s objectives, as well as keeping the management updated about the performance of the workers.
What features does the Performance Management module offer for reviews and evaluations?
The PMS makes reviewing simple and significant. Managers can organise review periods, set performance criteria, input feedback, and monitor progress all from one software. It supports both quantifiable and subjective appraisals, so an employee's performance isn't determined by numbers alone.
Can I design and customise performance review templates as per our company's needs?
Yes. The PMS enables HR departments to build fully personalised appraisal form templates that align with their own policy and style, incorporating different rating scales and both subjective and objective criteria.
How does PMS help in setting, tracking, and managing employee goals?
In the case of PMS, you establish objectives with the help of your employees and measure the performance of the employee based on those established objectives. Objectives may be set individually or as a group for the employees and are measured periodically with the help of the dashboard.
Can employees update their own goals or progress within the system?
Yes. It is possible for the employees to log into their personal dashboard and update their progress in terms of achieving their objectives anytime they want.
Is it possible to align individual and team goals with overall company objectives?
Yes, this is one of the core strengths of the PMS. The system helps HR teams align personal and team goals with company-wide objectives, so everyone from new hires to executives works toward a shared, specific set of goals.
Does PMS support 360-degree or multi-source feedback?
Yes. The system collects feedback about an employee from multiple directions, including colleagues, subordinates, and supervisors, giving a clearer picture of performance beyond just results.
Can managers and HR teams track performance trends across departments or locations?
Yes. PMS provides performance analytics and reports that help HR and leadership identify high-performing departments, monitor engagement levels, and spot areas needing attention — insights that shape better training plans, reward strategies, and long-term talent decisions.
Are there automated reminders and notifications for reviews or goal updates?
Yes. PMS sends smart notifications for upcoming review processes, pending feedback, goal setting, and more, so nothing gets forgotten and everything stays synchronised.
How does a performance management system compare to other HR software in the market?
Unlike most HR software solutions, which focus solely on annual reviews, TankhaPay's PMS delivers a continuous, insight-driven approach to managing performance. It combines goal tracking, feedback gathering, analytics, and employee development in a single HRMS package suited to businesses of any size.

Still have questions? Call 989-198-8811 →

Page last updated: 28 July 2026

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