Achieving annual revenue targets helps businesses progress and allows them to aim higher for the next year. Human resources (HR) software, particularly performance management software, can be really helpful in this regard. It helps by aligning employee goals with business objectives and continuously tracking performance through feedback and analytics, enabling more consistent target achievement.
PerformYard and Lattice are two software applications that could help companies track and manage employee performance and streamline HR processes, ultimately leading to an enhanced bottom line.
We have compiled this PerformYard vs Lattice guide so that you can compare their features and decide which one’s best for your business.
PerformYard Vs Lattice: At A Glance
Features
PerformYard
Lattice
Goal Management
Goal cascading and structured goal alignment
OKRs and S.M.A.R.T goal system
Performance Reviews
Custom review cycles and ‘Live Progress Dashboard’
Custom review templates and AI-assisted peer feedback
Employee Engagement
90 engagement benchmarks and anonymous surveys
Live ‘Data Analysis Dashboard’ and AI-backed suggestions
Employee Feedback
One-on-one sessions, peer feedback, and evaluation notes
Peer reviews, 1:1 meetings, and AI-assisted writing
Reporting And Analytics
9-box grids and data visualization
Unified workforce intelligence and analytics
AI Capabilities
Uses AI for review summarization and insights automation
Integrated performance intelligence and AI agent
Pricing
Starts at $5-10/person/month
Starts at $11/seat/month
Disclaimer: The pricing is subject to change.
What Is PerformYard?
PerformYard is an all-encompassing performance management software that allows companies to manage goals, improve employee performance, and make informed decisions for employee training. To achieve this, it offers a range of features and tools.
These include employee appraisals, 360-degree reviews, manager evaluations, and performance trends. It also includes AI-powered summaries, writing assistance, comprehensive AI controls for HR, and recommendations to improve feedback quality and decision-making. The platform is ideal for use in consulting, accounting, finance, marketing, and healthcare industries due to its intuitive interface.
PerformYard also provides strong, enterprise-grade security. It uses AES-256 encryption for data at rest, 2048-bit authentication, SOC 2 Type II certification, continuous monitoring, and secure AWS cloud infrastructure to protect sensitive HR data with reliable access controls and backups.
Standout Features Of PerformYard
Performance Improvement Plans (PIPs): Provide employees with clear steps and equip managers with tools to help workers address performance gaps
eNPS Tracking: Measures employee engagement data and identifies trends to enhance overall workforce performance
Historical Performance: Tracks and keeps a record of historical performance data, allowing managers to see how much employees have improved over time
Dynamic Employee Cohorting: Helps provide detailed insights by grouping employees on specific criteria, fostering collective development and growth
Pros And Cons Of PerformYard
Pros
Employee reviews are beneficial in creating a meaningful impact on individual and team growth
It’s flexible and allows customizability for creating review cycles, performance criteria, and evaluation processes
The software seamlessly integrates into a company’s workflows, enhancing productivity and saving time
Cons
After completion, goals are removed from your progress, which can cause a drop in completion rate
Notifications and alerts can sometimes be delayed, making it harder to stay updated with recent reviews
What Is Lattice?
Lattice HR is an AI-powered platform that aims to help organizations track and manage workforce performance. The software offers a range of functionalities, including performance reviews, one-on-one meetings, OKRs, and goal management. Companies can leverage these features to monitor individual employee performance, enhance overall productivity, and foster a growth-oriented company culture.
Building on this, Lattice has unveiled next-gen AI assistant that provides always-on contextual support and delivers insights to improve productivity and performance. It also ensures data security through CCPA, SOC 2, and GDPR compliance.
All in all, its features make it an ideal choice in the finance, technology, life sciences, and entertainment sectors.
Standout Features Of Lattice
Talent Reviews: Enables businesses to evaluate an employee’s unique talent and interests, helping them plan training programs accordingly
Individual Development Plans (IDPs): Carefully crafted development plans that align with an employee's professional career and strengths, helping them make more progress in less time
Lattice AI: An integrated AI tool that assists managers in decision-making, writing, and analyzing performance insights
Compensation Band: Ensures a fair and transparent salary structure by defining salary ranges for specific roles and encouraging fair promotions
Pros And Cons Of Lattice
Pros
There are multiple options to share updates on a bi-weekly, weekly, or monthly basis
Allows employees to provide suggestions for their co-workers and submit them online
Offers both pre-built and customized templates for one-on-one meetings
Cons
The review cycle could be simplified, as it involves multiple steps
There is no chat tool or messaging function to communicate with managers and employees within the platform
PerformYard Vs Lattice – Key Features Comparison
Goal Management
PerformYard’s goal management capabilities are designed to help organizations align employees with broader company objectives through structured, measurable goal-setting. It enables collaborative creation of individual, team, and company-wide goals, ensuring everyone works toward shared priorities.
The platform supports cascading goals, where strategic objectives are broken down into actionable tasks across levels. Employees can track progress, update milestones, and stay accountable throughout the cycle, while managers gain visibility into performance, enabling better feedback and integration of goals into performance reviews for a more connected, results-driven workflow.
Lattice offers flexible goal-setting options and visualization tools, allowing managers to define objectives and key results (OKR) and present them for better decision-making. These objectives provide employees with a clear vision of what’s expected and encourage them to seek guidance on achieving them.
It also uses the S.M.A.R.T goal system to ensure employees make real progress that complements an organization’s growth. Additionally, the platform integrates with third-party applications like Slack, Salesforce, and Jira, displaying goals in an employee’s daily workflows. This integration keeps employees aligned with company objectives and drives more engagement.
Winner: Both platforms offer strong tools for goal tracking and alignment. However, Lattice HR wins by a slight margin as it allows goals to be displayed directly in applications like Slack and Jira.
Performance Reviews
PerformYard allows businesses to customize their review cycles by creating timelines and questionnaires that support their goals. Managers can use the ‘Live Progress Dashboard’ to track these review cycles with detailed insights and ensure they are completed on time.
Furthermore, administrators can integrate self-assessment forms, providing a regular review of employee performance. All this data can be visualized in a number of ways to foster better decision-making. PerformYard’s AI review-assist and summaries further make performance reviews easier by helping managers write feedback and quickly identify key themes across multiple review forms.
Lattice enables managers to create customized review templates and workflows and access a detailed dashboard to align employee performance with company objectives. Its AI-powered peer review summaries provide an unbiased overview of employee performance, ensuring managers get the right information while saving time.
The platform integrates goals and OKRs data into reviews, providing essential information in a single place and helping reviewers analyze data efficiently.
Winner: It’s a tie as both software offers a number of tools to review, customize, and utilize performance reviews and the associated data.
Employee Engagement
PerformYard allows managers to send anonymous surveys to employees, ensuring companies know the real employee sentiments regarding their company, workflows, and management. With its ‘PerformYard Engagement Survey’, managers can send pre-built questions to enhance employee engagement. This data helps organizations make their process more user-friendly, driving more engagement.
Additionally, its ‘Data Analysis Dashboard’ allows managers to access detailed insights like participation rates and satisfaction factors, enabling businesses to assess what’s working and what’s not.
Lattice allows users to utilize engagement benchmarks that help them compare their company’s engagement data with their competitors. This comparison enables them to adopt an effective approach to increasing employee engagement and retaining top talent. The platform’s artificial intelligence tool, Lattice AI, provides research-backed suggestions, key engagement driver analysis, and feedback trends.
These statistics allow businesses to improve workforce strategies, foster better company values, and increase participation rates. Furthermore, businesses can design and implement tailored onboarding and existing surveys to capture relevant and accurate information. These insights help them pinpoint issues in their onboarding process and identify issues that result in employees leaving the company.
Winner: Lattice takes the lead, offering AI-powered analysis and enabling companies to compare their data using engagement benchmarks.
Feedback
PerformYard allows supervisors to share good feedback publicly, encouraging and valuing employees in their workplace. The platform also offers tools to quickly arrange 1:1 sessions for helping and guiding employees.
Line managers can request peer review from fellow workers, which helps them consider and evaluate factors that are otherwise not identified. Additionally, it stores feedback notes, which can be accessed in annual reviews.
Lattice also enables employees and managers to provide peer feedback and set up one-on-one meetings. It also makes it easy to share feedback from anywhere by integrating with tools like Slack, Microsoft Teams, its mobile app, and email.
On top of that, the software offers AI-backed assistance to managers when writing reviews for their teams based on the input they have received.
Winner: Again, this section ends in a tie as both software offers a range of effective tools for continuous and accurate feedback.
Reporting And Analytics
PerformYard offers a range of tools to spot patterns in review cycles, identify top performers, and plot results, allowing managers to implement employee development and improvement strategies. Its ‘Nine-box grids’ allow employers to visualize employee potential and performance data, enabling them to identify exceptional workers.
Furthermore, its customization tools empower managers to get access to the information at the right time with the ability to filter data based on review cycles, review types, employee groups, and dates.
Lattice brings workforce data together across performance, engagement, and demographic metrics into unified dashboards. Its ‘Adoption Dashboard’ helps managers monitor participation and track trends over time, making it easier to spot both high and low performance and take timely, data-driven action that supports productivity and a stronger workplace culture.
It also provides team-level analytics, survey insights, and DEIB reporting, helping organizations understand engagement, fairness, and broader workplace dynamics while connecting people data to strategic decisions and growth.
Winner: PerformYard wins since it offers detailed analytics and reporting features, such as nine-box grids and filtering tools.
AI Capabilities
PerformYard AI streamlines performance management by turning reviews, 1:1s, and engagement data into clear summaries. It helps managers quickly understand feedback without manually reviewing every comment, while also offering AI-assisted writing that improves clarity, tone, and consistency in performance reviews.
The platform connects multiple HR inputs like surveys and meetings into unified insights, making performance trends easier to interpret. It recommends next steps based on employee data, helping HR teams act faster and more confidently.
Lattice AI helps organizations save time by turning performance and engagement data into structured insights. It supports managers with AI-assisted review writing that draws on feedback, goals, and growth context, making evaluations faster and more consistent.
Unlike basic writing tools, it connects multiple employee signals such as surveys, one-on-ones, and updates to provide a fuller picture of performance and team health. It also offers recommendations for growth plans and highlights burnout risks to guide better managerial decisions. Moreover, its AI agent answers policy and career questions instantly, helping employees get guidance without relying on HR teams.
Winner: Lattice AI stands out with its broader, more advanced AI ecosystem that goes beyond performance summaries to include predictive insights, team health analysis, and an AI agent.
PerformYard Vs Lattice: Pricing Comparison
PerformYard Pricing
The pricing for PerformYard software starts at $5-10/person/month for the Performance Management plan (billed annually, minimum pricing applies). Add-ons are available at extra cost, including Employee Engagement priced at $1-3/person/month.
Disclaimer: The pricing is subject to change.
Lattice Pricing
Lattice’s pricing starts at $11/seat/month for the Talent Management plan. It also includes a Foundations module (priced at $11/seat/month), which includes Performance, Habits, and Goals & OKRs. The vendor also offers paid add-ons.
The minimum annual contract is $4,000, with all plans billed on an annual basis.
Disclaimer: The pricing is subject to change.
Final Verdict – Which HR Software Is Better?
When comparing PerformYard vs Lattice, it’s clear that both offer strong tools to help organizations gauge employee performance, allowing them to align their workforce with company objectives.
PerformYard could be an ideal choice for your business if you want a comprehensive performance management solution with tools like one-on-one surveys, engagement benchmarking, and data visualization. Lattice, on the other hand, could be a bit overbuilt for smaller companies but is extremely valuable for large ones due to its extensive offerings and AI-powered data analysis.
The final decision should be based on your specific requirements and budgets. We also highly recommend discussing the needed functionalities and available options with your company stakeholders and credible software consultants.
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