Your time is precious. Don’t research hundreds of talent management software one by one.
In this blog, we explore 8 of the best talent management software solutions and what they offer to optimize your hiring processes.
What is talent management software?
Talent management software is an integrated suite of recruiting applications that helps you attract, engage, recruit, and retain your employees.
These candidate management systems provide features to support talent acquisition, onboarding, workforce planning, performance appraisal, learning management, succession management, compensation, and career development.
Although not every talent management software is the same.
Integrated talent management systems offer all features in one platform, whereas modular systems provide flexible, customizable features tailored to specific TA needs.
8 best talent management software reviews
Many talent management softwares currently dominate the market. To make the best choice, these talent management software reviews can be helpful.
1. Recruit CRM
Recognised as the top recruiting software by Gartner Digital Market, Recruit CRM has quickly gained recognition in the recruitment industry.
The software is known for its integrated applicant tracking system (ATS) with customer relationship management (CRM) capabilities. It helps you with:
- Candidate sourcing
- Automated email campaigns
- Job posting across multiple job boards
- Pipeline management
- In-depth reporting of candidate activities.
Official testimonials highlight how the software offers a smoother experience compared to its competitors.
While some users on G2 report that getting accustomed to the platform can be a bit challenging (especially for those new to recruitment technology), Recruit CRM offers training sessions along with responsive customer service.
G2 rating: 4.8/5
2. SAP SuccessFactors
Being a modular system, SAP users can implement specific features as needed. It easily integrates with other SAP and third-party applications due to its advanced integration capabilities.
According to reviews on G2, some users find the interface outdated and slow. Though the software is designed for all, small organizations find it to be costly. This limits its user base to large companies with a solid financial base.
G2 rating: 3.9/5
3. ADP Workforce Now
ADP is a management services company well known for its payroll services. In 2011, it introduced Workforce Now, its very own human resources software solution.
Online reviews from users praise its functionality, analytics, and interface. Many consider the software to be a one-stop solution due to its extensive features.
Time tracking, effective management, and payroll expertise are a few features that the users love.
G2 rating: 4.2/5
4. Zoho Recruit
Zoho Recruit is another cloud-based talent management software that integrates an applicant tracking system (ATS) with customer relationship management (CRM) tools.
The software offers a high level of customization, which allows recruiters to tailor various tools and features as per their unique requirements.
While the integration feature may seem alluring, you should know that these integrations are often limited to other Zoho products. Without the use of other Zoho products, you may sense a lack of in-depth reporting and advanced analytics features.
However, if you’re looking for advanced Zoho features such as vendor portal customization, you may need to upgrade your technical skills.
Customer service offers assistance, but some users on G2 report experiencing delayed service responses. This negatively impacts the learning of new recruiters.
G2 rating: 4.4/5
5. Lattice
Lattice can be a valuable asset as an HR software solution. It offers a set of tools that help you with:
- Managing performance reviews
- Congruent goal setting
- Real-time feedback for employees and managers
- Employee development.
Apart from recruiters and managers, employees appreciate certain features such as one-on-one interactions, intuitive dashboards, and collaborative goal setting. Such features help retain employees by fostering a healthy work culture of transparency and development.
G2 rating: 4.7/5
6. Cornerstone OnDemand
Cornerstone OnDemand is designed to help organizations manage their workforce effectively. It offers tools that streamline various HR processes, such as:
- Recruitment
- Onboarding
- Learning and development
- Performance management
- Succession planning.
The platform offers a Learning Management System (LMS) that supports both instructor-led and self-paced training. This system stays up-to-date with industry trends by updating its functionality.
G2 rating: 4.3/5
7. UKG Pro
UKG Pro is a comprehensive Human Capital Management (HCM) platform designed to streamline HR processes and enhance employee engagement.
With its user-friendly interface and mobile accessibility, UKG Pro simplifies HR tasks and improves organizational efficiency.
UKG Pro stands out because of its AI-powered Talent Marketplace feature. This tool allows employees to explore internal job opportunities and develop new skills.
G2 rating: 4.2/5
8. Razorpay
Previously known as a fintech company, Razorpay expanded its services in 2019 by introducing an HR management tool called RazorpayX Payroll. This product helps you with:
- Offer letter generation
- Attendance and leave management
- Employee pay management
- Reimbursement processing
- Document management
Many users appreciate the one-click payroll system, which ensures that the employees are paid on time. It seamlessly integrates with multiple payment methods, such as cards, pay later, netbanking, etc.
Its Slack integration ability enhances team productivity by bringing multiple HR tasks into a single workspace. This includes access to employee payslips and easy application and approval of reimbursements and leaves.
G2 rating: 4.2/5
Frequently asked questions
1. What are the core features of a talent management system?
Talent management software helps in talent acquisition and onboarding, maintaining good relationships with employees, performance and succession management, compensation and reward tracking, learning management systems, and employee engagement tools.
Modern TMS platforms also offer workforce planning software and analytics, mobile access, and integration capabilities, thus streamlining the entire recruitment process.
2. What should I consider before investing in talent management software?
Before you invest in talent management software, make sure you:
- Consider your organization’s size, needs, and growth plans
- Evaluate software features that align with your goals.
- Read reviews and compare various software to understand which one integrates well with your HRIS or payroll system.
- Check for other non-core features (such as customer support, training resources, and scalability for future needs).
- Assess the software’s data security measures to protect your employee information.
3. Can talent management software help with employee retention?
Yes, it can support employee retention by providing tools for performance management, learning and development, career planning, and succession planning. These tools can help you identify and address issues that may lead to employee turnover.
4. What are the types of talent management software?
Broadly, talent management software are categorised based on their functions, namely
- Talent acquisition software
- Onboarding and offboarding software
- Performance and development software
- Engagement software
- Payroll and attendance management software
Blog summary
This blog provides a basic overview of talent management software (TMS), explaining its role in attracting, engaging, and retaining top talent in an organization.
It highlights the key benefits of TMS, such as talent acquisition, performance management, making better decisions, and employee engagement. The blog also reviews 8 TMS platforms that are widely used around the world.
