Performance Management​

Gartner estimates that manual incentive and performance management processes overpay by 2-8% each year​​

Performance Management​ Challenges

Lack of Trust in Data
Lack of consistency and control because manual processes are notoriously prone to errors and data integrity issues including overwrites, version confusion, copy/paste issues resulting in a lack of trust in the data​
No Audit Trail
Poor audit tracking as manual processes are difficult to audit and reconcile back to a specific period. It is also difficult to manage splits, tie outs for accuracy and traceability, and then trace the data back to source and payouts​
Poor Data Integrity
The need for manual intervention to address poor data integrity means precious HR resource time is spent chasing data rather than conducting strategic analysis and decision-making​

Boardwalk-Driven Performance Management​

Boardwalktech customers have turned to our digital ledger to automate their existing, manually run compensation systems, providing enhanced visibility and a process that is more scalable and able to drive and manage staffing behavior and, in turn, bottom-line business results
Streamlined Process
Streamline the incentive and performance process using a familiar interface which makes building, organizing, and rolling out your performance management program simple​
Manage and Control
Better manage and control incentives which are tied directly to personal or team objectives while still being able to control the logic centrally by leveraging Boardwalk’s unique access control, modeling, and management capabilities​
Cross-Organization Sharing
Share incentive information across departments through the trusted Boardwalk Digital Ledger which can gather, control, and communicate performance and incentive information enabling trusted sharing between all parties​
Boardwalk makes sure you always know how your extended teams are performing against each other and against standard guidelines which enables more effective performance management

Benefits of using Boardwalk for Demand & Supply Planning

Employee Engagement
Automating your manual incentive process mitigates errors, minimizes disputes, and keeps staff focused on their jobs instead of running shadow HR processes to track their own performance​
Bring auditability and control to your existing manual processes via a Digital Ledger transforms your process giving you complete system visibility, powerful security, open and transparent consensus workflows, and irrefutable audit-trails which demonstrates confidence in your internal controls​​
Insightful Analytics
Insightful analytics, reporting, and predictive analytics enables both management and employees to make actionable, strategic decisions based on evaluating performance results and adjusting plans on-demand when necessary​
Contact Us