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Top Talent Management Systems — July 2020

Everything you need to know about talent management software so you can better manage and engage employees, and boost your bottom line

Talent management is a priority for companies large and small. After all, it encompasses so many key areas — from recruiting and onboarding to performance management to compensation to learning and development to offboarding and succession planning. It’s no surprise then that talent management software exists to help HR professionals better manage these processes. When used effectively, they can help you find and hire the right talent, make strategic people decisions as you grow, boost employee morale, and create a more productive company overall.

Depending on the size and needs of your company, you might opt for a talent management solution that helps you manage the entire employee lifecycle (from hire to retire) — or you can scale back and find a few solutions that specialize in one piece of the overall talent, workforce and human capital management pie.

In this guide, we’re going to help you figure out which type of solution is right for you, why you might need it, and how it can make your job easier.

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.  Most of the vendors featured on our site have no commercial relationship with us, we want to feature the best software for our readers regardless. Learn more

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Top Talent Management Systems — July 2020

We surveyed the landscape for the best talent management software, here are some vendors we think you should look into


BambooHR has over 16,000 customers using their HR and recruiting software. They have standard HR/People software (onboarding, PTO, performance management), along with a robust recruiting software suite. It's no wonder so many small and mid sized companies turn to them for their talent management needs.

BambooHR

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UltiPro is one of the largest HR software providers out there and their suite is definitely one to take a look at when it comes to Talent Management. Specifically, their software is used by thousands of companies to od succession planning, performance management, recruiting, and the standard blocking and tackling you'd expect from a robust HRIS.

Ultimate Software

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ADP needs no introduction as one of the largest vendors in the HR space. They of course manage payroll for millions of employees each month. They also have a software suite for HR teams who need a simple talent management suite.

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ADP has a reputation of great customer service.

While hated by many users, and the HR teams that have to implement this solution, WorkDay is still one of the best talent management systems particularly for large enterprise companies that need a solution that can scale, checks the necessary IT/Infosec boxes, and can be implemented across large global companies. In fact, we see more and more top People teams adopting WorkDay for their HCM suite as time goes on.

WorkDay

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Bob is a relatively new entrant to the market. They have a slick user interface for HR teams and employees alike. They take a data driven approach to improving culture and performance, along with making sure they do everything a typical talent management system would do from a paperwork and compliance perspective. Bob is a great solution for mid market companies looking for a new talent management partner.

Bob

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ClearCompany's software allows HR teams to manage the full employee lifecycle from hire to offboarding. Their talent management system encompasses an ATS, onboarding, HRIS, performance management, and workforce planning.

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That's the end of our shortlist.  You can read on for more information we think you should know about this category including the core use cases, best practices, pitfalls, pricing info, and a lot more.  Just below this sentence you'll find a buyer organizer spreadsheet you can download to stay organized throughout your selection process. Good luck :)

Next Steps for Talent Management

To help you determine the right solution for your talent management needs, you need to think about the big picture. More specifically, will you benefit from one solution that manages everything, or would you rather invest in a few providers that are best-in-class for specific categories. For example, one recruiting and onboarding tool, one HRIS, one performance management system, one HCM solution, etc. 

You’ll be able to get clarity on this during your demos, but you should also do some internal analyses of your human resource management efforts. That way, you can see: 

  • What’s been working (and therefore where you might not need help)
  • What’s becoming more of an administrative burden
  • What your HR department will need in the near future as your company grows

All in all, you want a talent management system that’s going to help you better manage and engage your people so you can find the right talent — and keep them around so your company can grow.

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