OKRs Tools That Fast-Growing SaaS Startups Rely On

5 OKRs Tools That Fast-Growing SaaS Startups Rely On

The SaaS industry is projected to reach over $1.2 trillion by 2034. With increased cloud adoption and AI integration, SaaS companies have a unique opportunity to maximize their growth by making their operations more efficient and resilient. As a SaaS startup, quickly growing your team might seem very lucrative, but going about it systematically will pay off in the long run.

A proven way to ensure that your rapidly growing SaaS team is on track as it expands is tracking your OKRs in alignment with your projects and workflows. While many companies go about it manually, a tech-first, scaling SaaS company will benefit more by implementing one of the following OKRs tools.

5 OKRs Tools Used by Leading, Fast-Growing SaaS Startups

1. OKRs Tool

If your SaaS startup is looking for a cost-effective way to manage goals and is in the market for a fast and easy-to-use tool, the OKRs tool is a great option. The tool uses AI to automate the generation of initiatives and objectives that SaaS companies can then use to track goals and key results. The tool is popular for its lightweight design and fast onboarding process, making it perfect for scaling teams.

Key Features for SaaS Startups

• Automate your OKR management and get tactical suggestions with the help of AI-powered OKRs
• Link OKRs hierarchically tailored to specific teams and the members in them
• Get automated real-time updates by integrating with Slack or other communication tools 
• Take advantage of the flexible past-cycle history and schedule batch check-ins to maximize the efficiency of managers

Pricing: Free up to 10 users, $30/month for 11+ users

2. Weekdone

Weekdone is a popular weekly planning platform that lets you manage all your tasks and projects by aligning them with OKRs. Built for SaaS startups and mid-sized teams, Weekdone can introduce automation into your workflows and add more transparency through visual dashboards and integrated reporting features. What’s more, Weekdone is perfect for scaling SaaS teams, as it supports hundreds of users with flexible and scalable packages.

Key Features for SaaS Startups

• View your progress on objectives and goals in different views, including tree or hierarchy view, and real-time visual dashboards
• Track your weekly progress on tasks, projects, and objectives, and plan your updates
• Set automated reminders and export your performance reports seamlessly
• Link OKRs with various activities, and effectively track your achievements

Pricing: Free for small teams (less than 4 people), paid plans start from $90/month when billed annually, and Enterprise plans are available for custom pricing.

3. Perdoo

Perdoo is an OKR software that offers a user-friendly interface, unifying people, goals, and strategy. Perdoo is a great tool for scaling SaaS teams that need access to real-time communication, alignment between OKRs and KPIs, and advanced analytics. The visual and strategic features offered by Perdoo can ensure stronger organizational alignment, making it perfect for growing SaaS teams.

Key Features for SaaS Startups

• Use customizable strategy maps and visual dashboards so that you can get access to deeper insights and data
• Set automated check-ins and reminders to help you track progress
• Ensure team and individual OKR alignment and leverage engagement features
• Use data-driven analytics and reporting features to make informed decisions
• Use the pre-defined templates for industry use cases for better management of your OKRs

Pricing: Free up to 5 users, Premium plan at $7.20/user/month, and Supreme plan at $8.80/user/month

4. Profit.co

Profit.co is a comprehensive OKR and performance management platform perfect for ambitious SaaS startups. For SaaS companies operating at an enterprise level, Profit.co has extensive compliance certifications such as ISO 27001, SOC2, and HIPAA. When used right, the tool can help manage your projects in alignment with your objectives and strategy.

Key Features for SaaS Startups

• Set goals following a structured approach and align them with OKRs using pre-designed templates
• Use visually attractive and comprehensive OKR dashboards and heatmaps that give you an overview of company-wide performance
• Set automated reminders, mobile app access, and utilize PPP review cycles for OKR management
• Generate PowerPoint reports and use social features such as likes or comments
• Integrate seamlessly with plenty of popular SaaS workflow tools

Pricing: Free trial, Paid plans from $7/user/month for small teams, and custom pricing for larger teams or enterprises

5. WorkBoard

When you are a scaling tech or SaaS company, very few tools work as well as WorkBoard. The tool can help you get access to advanced analytics and cross-team alignment, with the help of goal-based heatmaps, OKR cascading, and resource management, among other advanced features. As your SaaS company grows, you can benefit from single sign-on, concierge support, and platform modularity provided by WorkBoard.

Key Features for SaaS Startups

• Establish goal alignment across teams and access advanced analytics
• Set up customizable workflows for all your projects, along with milestone tracking
• Set up automated reminders and check-ins to help you manage your SaaS operations
• Step up your project quality with feedback systems, leaderboards, and mobile access 

Pricing: Basic plan at $9/user/month, Elite plan at $20/user/month, Elite Enterprise at $50/user/month, and for larger SaaS teams, custom pricing is available.

Features Expected by Fast-Growing SaaS Startups

Companies that implement OKRs effectively and adequately can grow 2.5 to 4 times faster than those that don’t. With that in mind, when you are choosing an OKR tool for your SaaS, here are some of the features that scaling startups prioritize:

• Comprehensive and visually appealing dashboards that display real-time data and analytics for visibility across the company
• Integrations with the most important third-party applications in your tech stack, such as G Suite, Zapier, or Slack
• Ensure that the tool offers role-based access and multi-level cascading of OKRs for better management
• You must get access to feedback cycles, automated reminders, and advanced reporting features

Concluding Remarks

SaaS startups operate in a competitive landscape that requires them to double down on their strategies and workflows. However, when your SaaS team is scaling, you will need more velocity in execution, clarity about goals, and increased ROI.

Choose the right tools from this list based on your preferences and needs, as each of them caters to different kinds of budgets and needs.