A timely interaction among the employees and their superiors, where the performance of the employee is discussed is called performance evaluation. This is done to improve the flaws of the employees and to work upon their strengths in order to enhance their skills. If done manually whole process can seem to be very tedious and time consuming. So, this process has been taken to the next level and experts have developed employee performance evaluation software. The software is easy to use and can complete the evaluation of process in an orderly manner so that it can yield productive results. With the help of this software the manager can align the objectives of the employees to the objectives of the business. The software provides a complete analysis of the performance of the employees. Some software provides modules which are flexible to use and give effective results. This provides options where both the employee and employer can use it at the same time. Such software’s reduce lots of work load. With this available on the internet the employee can fill in reviews and forms. Employee performance evaluation software is a time-saver as all the calculations and aggregation of the organization that was earlier done by hand can be now done by this software alone. The evaluation process is very important for the organization and this process has to be done in a very confidential manner. This software provides systematic and efficient review process and it also provides a feedback that is structured. Employee performance evaluation software also helps to improve communication between the employee and the employer. It is possible that all the employees of the organization are not aware or do not understand the process of evaluation. In order to avoid this, the software is built to educate the employee about the evaluation process. So, implementing such evaluation software can save a lot of time and efforts and at the same time can prove to be very beneficial to the employees.