Top Succession Planning Software — June 2021

Everything you need to know about succession planning software so you can develop your people and fill key positions quickly

Author Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd
Phil Strazzulla,HR Tech Expert, Harvard MBA, Finance and Software Nerd - Oct 18, 2021

Succession planning is a strategy companies use to develop high-potential employees and keep a reliable pipeline of talent in case an executive or highly-specialized role opens up unexpectedly. It’s a great way to promote employee engagement, reduce attrition, and boost morale. But there are a lot of moving parts involved in the process that require careful management and active involvement from key players. Fortunately, succession planning tools exist to help streamline the process.

In this guide, we outline everything you need to know about succession planning software, including why you might need it, what features are included, benefits, ROI, and more.

We spend hundreds of hours researching the best HR and recruiting software so you don’t have to.  We never take money from vendors during our research phase and rely heavily on practitioners and experts to help us recommend the right software.  However we may earn a fee if you click on vendor links on this page.

Learn more

A Quick Breakdown: Top Succession Planning Software

Cornerstone Performance is a comprehensive performance management product. Companies can use it to transform employee experience with measurable goals, transparent career paths, targeted development plans, and continuous feedback channels.
From paying your employees, to managing them, developing them, and everything in between, UKG Pro is a robust HCM suite that covers all of your people management needs.
Trakstar offers several insights and reporting features that allow companies to easily make decisions based on real-time employee performance and potential data.
Together’s mentorship software helps companies run comprehensive employee mentoring programs at scale, from registration to reporting.
If you’re looking for a comprehensive talent management platform that has succession planning capabilities, PageUp is worth considering. Aside from succession planning, their platform features solutions for recruitment marketing, applicant tracking, onboarding, learning management, as well as performance management.
All solutions within the Fuel50 platform are aimed at bettering talent experience, which directly translates to higher retention rates and better performance.
ELMO offers a range of integrated HR solutions that are all accessible from a single dashboard, eliminating the need to have different HR products for different functions and importing data from 3rd party sources.

We put in the effort to make this guide awesome

45
Hours Researched
2
Experts Consulted
27
Vendors Reviewed

Featured in

Best Succession Planning Software Solutions

We track thousands of HR Tech solutions and service providers. Here are the best succession planning platforms as of April 2021.

CornerStone OnDemand

Review

Cornerstone enables organizations to proactively address workforce planning issues and increase organizational longevity by allowing them to create talent pools for mission-critical roles, identify skills gaps and align development opportunities to prepare their workforce for current and future needs, and develop career paths to empower employees to take a more active role in their career development.

CornerStone OnDemand

Stats

  • Used by over 75+ million people
  • Used in over 180 countries
  • Available in 50 languages

CornerStone OnDemand

Pricing

The pricing of Cornerstone’s solutions isn’t detailed on their website. Contact their sales team to get a custom quote.

Best For

Cornerstone serves companies of all sizes across different verticals.

Worth Checking Out:

Together Enterprise Mentoring

Review

Together is a platform that’s focused on mentorship; companies can use it to run all sorts of mentorship programs, including ones that support onboarding, DEI (diversity, equity, and inclusion), and employee development initiatives. Seeing how mentorship is also key to growing and retaining top talent, the platform comes in handy to support companies during their succession planning and leadership shifts.

Together Enterprise Mentoring

Stats

  • Founded in 2018
  • Used in 80+ countries

Together Enterprise Mentoring

Pricing

  • Starter: This plan suits companies with less than 500 Employees and costs $5,000 a year for up to 50 users.
  • Professional: This plan suits companies with more than 500 Employees and has custom pricing. Contact Together’s team for more information.

Best For

Companies looking for a platform through which they can create, manage and deliver mentorship programs

Worth Checking Out:

PageUp

Review

PageUp enables companies to understand their talent, reduce vacancy risk and map great career paths. With features for talent rating, potential assessment, in-depth analytics, and more, PageUP has everything you need to develop an outstanding talent bench that’s ready to move up to greater responsibilities when the time comes.

PageUp

Stats

  • Founded in 1997
  • Used in over 190 countries

PageUp

Pricing

PageUp’s pricing isn’t provided on their website. Contact their sales team to get a detailed price quote.

Best For

Companies across different industries looking for a succession planning product by a vendor that has comprehensive talent management solutions.

Worth Checking Out:

ELMO

Review

ELMO’s succession management solution allows companies to retain employees, identify flight risks, determine skills gaps of high-potential employees and accelerate the development of skills — ensuring a strong bench strength so that future roles can always be filled. Not only that, but ELMO offers a comprehensive suite of cloud HR, payroll, and rostering / time & attendance software solutions that are all accessible through a single dashboard and single user interface.

ELMO

Stats

  • Founded in 2002
  • More than 1400 clients across the Asia Pacific region

ELMO

Pricing

The pricing of ELMO’s solutions is determined upon an evaluation of your needs. To get a detailed price quote, reach out to their sales team.

Best For

Companies looking for an integrated HR solution that supports their recruitment, onboarding, performance management, and learning management efforts.

Worth Checking Out:

Fuel50

Review

Fuel50 is a talent experience platform powered by AI. The platform matches your people to new opportunities, vacancies, gigs, and learning based on their talents whilst giving your organization powerful insights. A core part of Fuel50’s platform is FuelPathing, a solution that kick-starts an employee’s career growth journey and supports your succession planning efforts. FuelPathing has an AI-based matchmaking process that adapts and evolves with each individual. Roles and opportunities are suggested based on the user’s inputs, e.g. values, motivators, aspirations, skills, and talents.

Fuel50

Stats

  • 50% reduction in employee attrition
  • 3-30% increase in employee engagement

Fuel50

Pricing

Fuel50’s pricing isn’t disclosed upfront. Contact their sales team to get a custom quote.

Best For

Fuel50 is used by mid-sized to enterprise businesses, many of which are Fortune 500.

Worth Checking Out:

UKG

Review

Formerly UltiPro, UKG Pro helps businesses create flexible, comprehensive, and executable succession plans at all levels. The platform offers several features that provide companies with insights into their current talent as well as future pipeline, then create development plans to ensure the right skills and competencies are being nurtured from within.

UKG

Stats

  • UKG has over 12,000 employees 
  • UKG serves customers in 165 countries

UKG

Pricing

UKG Pro has custom pricing that’s determined based on the scale and scope of each client’s needs. Contact their sales team for more details.

Best For

UKG Pro is best suited for midsize to large enterprise companies.

Worth Checking Out:

Trakstar

Review

Trakstar’s succession planning solution helps companies uncover and rate employee competency, revise compensation amounts, and more to create solid, insight-based succession plans. Not only that, but Trakstar also offers solutions for performance management, learning management as well as employee engagement, making it a one-stop, integrated platform for companies to continuously assess and nurture their teams and leadership.

Trakstar

Stats

Trakstar promises to deliver the following results: 

  • 15% increase in performance scores
  • 4x increase in goals set and completed

Trakstar

Pricing

The pricing of Trakstar’s plans and services isn’t disclosed on their site. Contact a Trakstar sales representative for a demo as well as a price quote according to the size and needs of your business.

Best For

Companies looking for a comprehensive performance management and employee engagement solution.

Worth Checking Out:

Looking for HR Tech Advice?  Join our community

Ask questions, share knowledge, find new job opportunities, network and more in our closed HR Tech Buyers Community

Next Steps for Your Succession Planning

At the end of the day, succession planning is a great way to groom the next generation of workers. It allows you to empower your employees by giving them the knowledge and skills they need to advance in their career at your company — all while boosting morale, productivity, and retention. To help you develop a successful succession planning strategy, consider using a succession planning tool listed here — just don’t forget to book a few demos first.

If you want to be the smartest in the room when it comes to People, sign up for our weekly newsletter

The latest from our Blog

How to Build an Effective Recruiting Strategy with Tech: Advice from an Expert

How to Build an Effective Recruiting Strategy with Tech: Advice from an Expert

Ed Ross, Senior TA Manager at Skyscanner, gives his experience in TA and the tech involved...

RFP playbook for buying an ATS

RFP playbook for buying an ATS

This article explains why a human resources department should use an RFP and how to develop one...

Employee Onboarding Checklist: The Ultimate 7-Step Guide – 2021

Employee Onboarding Checklist: The Ultimate 7-Step Guide – 2021

Looking for a comprehensive employee onboarding checklist? Treat this 7-step, no-frills guide...