Effy

Key Information

Key Features

• Multi-source feedback
• Peer nomination flows
• Automated reminders
• Review status dashboard
• AI summarizing results
• Slack integration
• Team reports
• Advanced security controls
• HRIS integration
• Premium support
• Dedicated account manager

Pricing

• Free Plan - $0/month
• Pro Plan - $2.50/person/month
• Enterprise Plan - Contact for pricing

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What is Effy?

Effy is a performance management tool designed to streamline employee reviews and feedback processes. It offers a user-friendly interface that integrates well with corporate messengers like Slack, making it easy for employees to engage with feedback. Effy is particularly suited for small businesses looking to establish efficient performance review systems.

Effy provides comprehensive features for gathering multi-source feedback, creating customizable workflows, and generating AI-powered reports. This makes it an ideal choice for companies aiming to enhance employee productivity and alignment with organizational goals. By leveraging AI, Effy simplifies the process of creating forms and generating personalized reports for each employee.

Features

• Multi-source feedback: This feature allows for input from various stakeholders, including self-evaluations, peer feedback, and feedback from managers and subordinates. It provides a holistic view of an employee's performance.
• Peer nomination flows: Effy offers customizable workflows for nominating peers, ensuring that feedback is collected from relevant and impactful sources.
• Automated reminders: The system sends automated reminders to ensure timely participation in feedback processes, reducing the administrative burden on HR teams.
• Review status dashboard: This dashboard provides real-time insights into the status of ongoing reviews, helping managers track progress and identify bottlenecks.
• AI summarizing results: Effy uses AI to summarize feedback results, providing concise and actionable insights that can inform performance improvement strategies.
• Slack integration: The tool integrates seamlessly with Slack, allowing for feedback collection and review processes to be initiated directly from the platform.
• Team reports: These reports offer insights into team performance, helping managers identify areas of strength and weakness.
• Advanced security controls: Effy provides robust security measures to protect user data, ensuring compliance with regulatory standards.
• HRIS integration: The tool can be integrated with Human Resource Information Systems (HRIS), streamlining data management and reducing manual entry.
• Premium support: Users have access to dedicated support options, including live chat and phone support.
• Dedicated account manager: Enterprise users are assigned a dedicated account manager to ensure personalized support and onboarding.

Pros

• Easy to use: Effy is known for its user-friendly interface, making it accessible to both employees and managers.
• AI-powered insights: The tool provides actionable insights through AI-driven summarization of feedback.
• Fast setup: Effy allows for rapid implementation of performance review processes.
• Customizable workflows: Users can tailor feedback processes to suit their organizational needs.
• Integration with corporate messengers: Effy integrates well with platforms like Slack and MS Teams.

Cons

• Limited bulk survey launch: Users must launch surveys individually for each employee, which can be time-consuming.
• No company-wide analytics: There is a lack of analytics at the company or department level.
• No Google Calendar integration: This limits scheduling flexibility for some users.

Effy Pricing

• Free Plan - $0/month: Includes 5 participants and unlimited reviews.
• Pro Plan - $2.50/person/month (billed annually): Offers multi-source feedback, peer nomination flows, automated reminders, review status dashboard, AI summarizing results, and Slack integration.
• Enterprise Plan - Contact for pricing: Includes team reports, advanced security controls, HRIS integration, premium support, and a dedicated account manager.

Frequently Asked Questions

1. What functions does the freemium account of Effy offer?

The freemium account of Effy offers unlimited reviews for up to 5 participants, allowing users to explore the platform's features without cost. This includes access to all paid features, making it a comprehensive trial experience.

2. How does Effy compare to similar tools like Lattice or 15Five?

Effy is particularly suited for small businesses due to its ease of use and AI-powered insights. Lattice is more scalable and offers advanced features, while 15Five excels in fostering continuous feedback and employee engagement.

3. What is the refund policy for Effy?

Effy offers a 30-day refund policy on the first payment for paid plans. Additionally, users can access their reviews for 12 months after canceling a paid plan.

4. Are there any prerequisites for using Effy?

There are no specific prerequisites for using Effy, as it is designed to be user-friendly and accessible. However, having a basic understanding of performance management processes can enhance its utility.

5. Is Effy available in multiple languages?

Effy does not explicitly mention multilingual support, but its user-friendly interface makes it accessible to a wide range of users.

6. How can Effy be used effectively in a company?

Effy can be used effectively by integrating it into regular performance review cycles, leveraging its AI insights to inform employee development strategies, and utilizing its customizable workflows to align with organizational goals.