Talent management, as all HR practitioners know, is a critical component of attaining organisational success. A talent management system is a type of HR software that helps you manage your greatest talent–current and prospective employees–to keep them happy and engaged in their jobs.
Finding the proper talent, recognising top performers, giving internal development and upward mobility opportunities, and assisting with succession planning are all management of the best talent management solution.
This article will assist you in swiftly comparing and evaluating the top talent management systems to assist you in successfully recruiting, retaining, and developing your team members.
Criteria for comparing talent management systems
When evaluating talent management tools, what am I looking for? The following is a list of my evaluation criteria:
Is the user interface (UI) neat and appealing? Is it simple to understand and master? Is there good tech assistance, user help, tutorials, and training at the company?
Is it simple to integrate with other applications? Are any pre-built integrations available?
Is it compatible with existing job boards and professional networking sites such as LinkedIn?
Value for money: Is the price reasonable given the features, capabilities, and use case?
Is your price straightforward, transparent, and flexible?
Key Features of Talent Management Systems
Here are the criteria I use to evaluate the top talent management systems.
Process Automations for Hire
Is there any artificial intelligence (AI), machine learning (ML), or automation in the talent management software system’s HRIS workflow?
Searchable Talent Pool
Are hiring managers and HR teams able to search their talent pool quickly, fully, and consistently based on relevant field data such as experience, skills, education, and so on?
Onboarding of New Employees
Is the HR management team able to quickly onboard new employees and provide them with in-app access to documents, resources, and training?
Document Storage and Management
Is it possible to upload, track, sort, and search pertinent candidate papers (such as CVs, portfolios, and certificates)? Is it going to detect duplicate applications?
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The Best Talent Management System Overviews
Here’s a quick rundown of each of the talent management platforms that made our top ten list:
1. Eddy – Best all-in-one HR software for small, local businesses
Eddy is a one-stop HR solution for small and local organisations. Businesses may use Eddy to hire, onboard, manage, and pay employees with just one piece of software. Eddy, founded in 2017 by Travis Hansen, a former professional basketball player turned entrepreneur, has developed quickly thanks to its simple yet powerful product, excellent customer service, and concentration on small businesses with deskless workforces. Job posting management, candidate tracking, and a full-scale applicant tracking system are all key elements (ATS).
HR managers may use the onboarding system to generate bespoke onboarding packages, assign assignments, and gather digital signatures quickly. Users can browse company directories and save critical personnel documentation, performance notes, and training and certifications in employee profiles, which is a core component of Eddy. You may also use Eddy’s full-service payroll system to manage payroll procedures, including numerous pay periods and end-of-year W-2 preparation, filing, and distribution, as well as develop unique PTO policies and approve or refuse requests.
2. Cegid – Best for collaborative recruitment
The Talentsoft platform (previously Hello Talent) from Cegid combines the features of an employee engagement platform with those of a talent acquisition and management platform.
Starting with recruiting, the system encourages managers and employees to work together in the search for new talent. Employees can recommend candidate profiles from their personal networks in only a few clicks utilising their co-option app. You may also include a point system for employee referrals that is specific for your company to help facilitate recommendations.
Cegrid created a simple internal mobility tool to help existing employees explore new career options within their firm in order to improve employee retention. Other characteristics enable teams to foster cross-disciplinary projects, allowing employees to be more proactive in their own skill development.
3. ADP – Best cloud-based HR suite
For the past 12 years, ADP, a labour management company, has been recognised to FORTUNE Magazine’s “World’s Most Admired Companies” list. Monitoring and tracking remuneration are among the features, as are mobile-optimized job advertising and self-service management.
Despite the fact that it covers a wide range of HR operations, ADP Workforce Now retains a user-friendly system. Users can add and remove functions to fit their needs, making a subscription nearly infinite configurable.
An accessible dashboard for monitoring employee performance and aligning people with team goals is part of their talent acquisition and management skills. This enables HR departments to spot competency trends, identify prospects for advancement, and recognise top performance through a customisable merit and bonus system.
Their business website has a usability problem, with countless menus limiting quick access to information and frequent dead ends for essential information. This issue was carried over into their product, which cost them points in the usability examination.
4. SAP SuccessFactors – Best for enterprise-level talent management
SAP was formed in 1972 in Walldorf, Germany, and stands for “Systems, Applications, and Products in Data Processing.” They used to specialise in enterprise resource planning, but now they offer TMS as well, with extensive capabilities like global talent sourcing and team goal management.
SAP enables enterprise-level talent management success by leveraging the four pillars of talent management: recruiting and onboarding, performance management, learning and development, and compensation management. They also provide a number of tools that may be used in conjunction with their talent management solutions. They connect to common document writing, document management, and identity management systems, for example. This earned them high marks in the evaluation’s Integrations section.
A few drawbacks to be aware of are: A) the cost of the software can quickly build up if you require many services/packages; and B) reporting could be more easy and automated, as it is today.
5. Recruitee – Best Android and iOS mobile apps
Recruitee is a talent attraction and automation platform used by companies including Starbucks, Toyota, and VICE. Advanced CSS and media options for your customised career site, as well as the ability to post to over 10 free job boards around the world, are among the features.
You may connect Recruitee seamlessly with your existing software and platforms thanks to their open API. As a result, you may add-on chat, project management, and CMS tools.
This earned them great marks in the evaluation outline’s Integrations section.
One criticism of this application is that it has certain interface flaws when it comes to integrating and parsing external documents, such as PDF CVs, which are difficult to traverse and require magnification.
6. HireEZ – Best talent management system for diversity and inclusion initiatives
Recruiting professionals at Intel, Hilton, IBM, and Nike use HireEZ. This platform incorporates machine learning for candidate selection, a solid infrastructure with scalable server clusters, and contact information sourcing for talent sourcers and agencies.
HireEZ offers a clear, intuitive, and modest user interface, as shown in the tool screenshot.
The navigation bar’s concise list of tools makes it simple to see what you need at a glance.
This helped them score well in both UX and general usability tests.
One disadvantage of HireEZ is that its paid plans are on the expensive side, with no optimal solutions for companies with several recruiters.
7. PeopleStreme – Best for compensation management
Ascender PeopleStreme is a global human capital management and payroll software firm that specialises in developing technology to assist human resources activities such as employee recognition, incident management, and learning and development. This system stands out when it comes to pay management since it gives HR leaders a real-time picture of employee compensation, as well as additional incentives, which helps to boost employee satisfaction and retention. This programme excels at customizability while remaining simple to use regardless of the setup you choose. Any remaining issues can be resolved by the hyper-responsive support crew. Because they are A) not honest with price alternatives online and B) do not offer any form of free trial for users before commitment, Ascender PeopleStreme lost some points in the Value for Cost area of the evaluation criterion. Ascender PeopleStreme includes a free demo and offers pricing upon request.
8. Bullseye Engagement – Best low cost talent management system
Bullseye Engagement, named a “Disruptor of the Year” by Insights Success Magazine, offers 360-degree employee reviews and evaluations, engagement and pulse surveys, goal management, compensation planning, and talent matching.
This tool’s feedback loop is simple and effective, with notifications, role-based appraisals, comments and notes, employee history access, an organisational chart, a social media wall, direct reports mentoring, and communication tracking all helping to keep users engaged.
Bullseye Engagement was penalised in the UX area of the evaluation criteria because of its old and clumsy user interface. The programme appears to be much older than it actually is, and it does little to produce a smooth, clean experience.
9. Oleeo – Best for redeployment and internal mobility
With modules for a VA talent management system and Intern/Apprentice sourcing, this platform, formally known as WCM, is specifically created with diversity-sensitive hiring in mind. This software focuses on underserved recruitment pools, such as veterans and college students.
This software excels as a high-volume applicant tracking system (ATS), allowing you to construct a solution around your existing process thanks to its flexibility and scalability.
Debiasing solutions to remove gender bias in job listings and programmatic job ad campaigns that you can automate are also important features.
Oleeo lost some points in the Value for Cost area of the evaluation criteria due to a lack of pricing clarity and no free trial offers, both of which are strongly recommended for a perfect score.
10. Lattice – Best for performance management & 360 degree feedback
Lattice’s platform, which focuses on employee engagement, performance management, and development, aids talent management and employee happiness. By combining continuous feedback systems with transparent goal management and 360-degree feedback in performance reviews, their check-in solutions make it simple for managers to become into coaches for their staff.
Their user interface is simple, straightforward, and vibrant, earning them top points in the UI category. They also received high marks in the Usability category because they provide in-app chat support, as well as an online help centre, how-to guides, webinars, videos, and best-practice advice for performance management.
