SmartPLS is a software with graphical user interface for variance-based structural equation modeling (SEM) using the partial least squares (PLS) path modeling method.
[6][7] The software computes standard results assessment criteria (e.g., for the reflective and formative measurement models and the structural model, including the HTMT criterion, bootstrap based significance testing, PLSpredict, and goodness of fit)[8] and it supports additional statistical analyses (e.g., confirmatory tetrad analysis, higher-order models, importance-performance map analysis, latent class segmentation, mediation, moderation, measurement invariance assessment, multigroup analysis, regression analysis, logistic regression, path analysis, PROCESS, confirmatory factor analysis, and covariance-based structural equation modeling).
[9][10][11] Since SmartPLS is programmed in Java, it can be executed and run on different computer operating systems such as Windows and Mac.
The software released to the general public in 2022 is an easy to use tool for Structural Equation Modelling.
Measurement Model assessment involves several steps[13] that includes the assessment of quality criteria that includes the evaluation of factor loadings, construct reliability, construct validity.