360 degree feedback is also known as 360 degree appraisal and peer appraisal. This can boost the employee’s performance and efficiency as it reveals their weaknesses and strengths. Companies are very fortunate to have 360 degree feedback software as it is an easier way to analyze feedback. For every organization time is money; so to get fast results is their main goal.

Well-made 360 degree feedback create opportunities to explore both the thought processes and behavior that control performance outcomes. The 360 review assures confidentiality, and this assists to build the assurance required for people to provide honest responses.

The vital point is that the 360 degree feedback software should offer the elasticity to permit easy tailoring of the final report and the questionnaire content. This process of getting feedback can promote great openness and insight into learning new strategies related to Relationship Management. 

Another important factor which makes it more effective is that it can be used on regular basis to help employees in maintaining excellence in their work. This survey should not be taken as employee evaluation tool by business head but also as a self help tool to show employees about where they are lacking in their everyday functions.