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Talent Management Systems


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ClearCompany HRM logo
 
ClearCompany is a software system that works for human resources (HR) and recruiting teams across both public and private industries. The ClearCompany Talent Alignment Platform connects recruiting, new employee onboarding and performance... Read More
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ClearCompany is a software system that works for human resources (HR) and recruiting teams across both public and private industries. The ClearCompany Talent Alignment Platform connects recruiting, new employee onboarding and performance... Read More
 
Newton Applicant Tracking logo
 
Newton Applicant Tracking solution is a cloud-based platform that helps recruiting professionals improve the hiring processes and manage workflows of the different recruiting departments. The tool can be accessed on any tablet, smartphone,... Read More
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Newton Applicant Tracking solution is a cloud-based platform that helps recruiting professionals improve the hiring processes and manage workflows of the different recruiting departments. The tool can be accessed on any tablet, smartphone,... Read More
 
iCIMS Talent Platform logo
 
iCIMS offers a platform of cloud-based talent acquisition solutions. iCIMS provides tools for recruiters and hiring managers throughout the process, from recruiting talent to onboarding new hires. iCIMS Recruit gives users access... Read More
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iCIMS offers a platform of cloud-based talent acquisition solutions. iCIMS provides tools for recruiters and hiring managers throughout the process, from recruiting talent to onboarding new hires. iCIMS Recruit gives users access... Read More
 
Greenhouse logo
 
Greenhouse is an applicant tracking system and recruiting software designed to help businesses find suitable candidates, conduct focused interviews and optimize their recruiting process. Greenhouse is an integrated platform that streamlines... Read More
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Greenhouse is an applicant tracking system and recruiting software designed to help businesses find suitable candidates, conduct focused interviews and optimize their recruiting process. Greenhouse is an integrated platform that streamlines... Read More
 
Threads Culture logo
 
Threads culture is an HR software that helps managers hire new employees and give performance review to existing employees as per companies’ culture policy. The software helps recruiters in hiring employees with ideals and principles... Read More
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Threads culture is an HR software that helps managers hire new employees and give performance review to existing employees as per companies’ culture policy. The software helps recruiters in hiring employees with ideals and principles... Read More

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Performance Pro logo
 
Performance Pro by HR Performance Solutions is a web-based, comprehensive performance appraisal software for HR professionals. Performance Pro is entirely customizable, making it simple to keep employee focus on a company’s strategic... Read More
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Performance Pro by HR Performance Solutions is a web-based, comprehensive performance appraisal software for HR professionals. Performance Pro is entirely customizable, making it simple to keep employee focus on a company’s strategic... Read More
 
PiiQ by Cornerstone logo
 
PiiQ by Cornerstone, formerly Cornerstone Growth Edition, is a cloud-based employee performance and learning management system that helps businesses to streamline their employee performance review process and prioritize learning for... Read More
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PiiQ by Cornerstone, formerly Cornerstone Growth Edition, is a cloud-based employee performance and learning management system that helps businesses to streamline their employee performance review process and prioritize learning for... Read More
 
Reviewsnap logo
 
Founded in 2007, Reviewsnap offers an integrated suite of talent management solutions spanning performance reviews, compensation management and learning management. The web-based solution allows businesses to streamline the performance... Read More
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Founded in 2007, Reviewsnap offers an integrated suite of talent management solutions spanning performance reviews, compensation management and learning management. The web-based solution allows businesses to streamline the performance... Read More
 
Halogen TalentSpace logo
 
Halogen TalentSpace is a modular strategic talent management solution suitable for midsize and enterprise businesses. The integrated suite offers comprehensive tools to streamline talent management activities, including recruiting,... Read More
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Halogen TalentSpace is a modular strategic talent management solution suitable for midsize and enterprise businesses. The integrated suite offers comprehensive tools to streamline talent management activities, including recruiting,... Read More
 
PerformYard logo
 
PerformYard is a cloud-based feedback and corporate performance management solution that allows users to set goals and track performance. The solution also helps in other human resources (HR) processes such as onboarding and organizational... Read More
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PerformYard is a cloud-based feedback and corporate performance management solution that allows users to set goals and track performance. The solution also helps in other human resources (HR) processes such as onboarding and organizational... Read More

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Salesforce Work.com logo
 
Work.com (formerly Rypple) is Salesforce.com's solution for driving organizational performance. The system is used by organizations that are looking for an approach to drive individual and team performance. With the solution, managers... Read More
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Work.com (formerly Rypple) is Salesforce.com's solution for driving organizational performance. The system is used by organizations that are looking for an approach to drive individual and team performance. With the solution, managers... Read More
 
Infor HCM logo
 
With more than 25 years of experience delivering superior global enterprise HR solutions, Infor's award-winning talent management suite fully gives users the tools they need to stay on top of things.
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With more than 25 years of experience delivering superior global enterprise HR solutions, Infor's award-winning talent management suite fully gives users the tools they need to stay on top of things.
 
Trakstar logo
 
Trakstar is a web-based system for Human Resources professionals that offers performance review, goal management, and other performance applications. With Trakstar, HR departments can use competencies and goals to align the right... Read More
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Trakstar is a web-based system for Human Resources professionals that offers performance review, goal management, and other performance applications. With Trakstar, HR departments can use competencies and goals to align the right... Read More
 
BirdDogHR Talent Management Suite logo
 
The BirdDogHR Talent Management System offers cloud-based applicant tracking and performance management software for organizations in all industries, especially construction, manufacturing, engineering and skilled trades. The Talent... Read More
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The BirdDogHR Talent Management System offers cloud-based applicant tracking and performance management software for organizations in all industries, especially construction, manufacturing, engineering and skilled trades. The Talent... Read More
 
Precedent HR ATS logo
 
Precedent HR offers a cloud-based applicant tracking system (ATS) suitable for small to midsize businesses. Key features include job posting and management, resume searching and skill matching. The ATS enables users to post jobs to... Read More
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Precedent HR offers a cloud-based applicant tracking system (ATS) suitable for small to midsize businesses. Key features include job posting and management, resume searching and skill matching. The ATS enables users to post jobs to... Read More

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CareerPlug logo
 
CareerPlug provides recruiting and HR software solution that includes applicant tracking and paperless onboarding. With the tools to attract and evaluate candidates, hiring managers are able to make their process more consistent to... Read More
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CareerPlug provides recruiting and HR software solution that includes applicant tracking and paperless onboarding. With the tools to attract and evaluate candidates, hiring managers are able to make their process more consistent to... Read More
 
BirdDogHR Talent Management Suite-Performance logo
 
The BirdDogHR Talent Management System offers cloud-based applicant tracking and performance management software for organizations in all industries, especially construction, manufacturing, engineering and skilled trades. The Talent... Read More
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The BirdDogHR Talent Management System offers cloud-based applicant tracking and performance management software for organizations in all industries, especially construction, manufacturing, engineering and skilled trades. The Talent... Read More
 
ApplicantStack logo
 
ApplicantStack, is a cloud-based applicant tracking and onboarding solution specifically designed to suit the needs of small and midsize organizations. Applicant Stack offers tools to help companies generate online employment applications,... Read More
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ApplicantStack, is a cloud-based applicant tracking and onboarding solution specifically designed to suit the needs of small and midsize organizations. Applicant Stack offers tools to help companies generate online employment applications,... Read More
 
JobDiva logo
 
JobDiva is a cloud-based human resources (HR) software solution that enables staffing and recruitment enterprises to track applicants, manage talent, construct and organize candidate pipelines, analyze their business dynamics using... Read More
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JobDiva is a cloud-based human resources (HR) software solution that enables staffing and recruitment enterprises to track applicants, manage talent, construct and organize candidate pipelines, analyze their business dynamics using... Read More
 
IBM Kenexa logo
 
IBM Kenexa talent management system provides a comprehensive portfolio of human resources solutions designed to help businesses acquire, train, and develop their staff throughout the employee lifecycle. The cloud-based solution is... Read More
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IBM Kenexa talent management system provides a comprehensive portfolio of human resources solutions designed to help businesses acquire, train, and develop their staff throughout the employee lifecycle. The cloud-based solution is... Read More

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Buyer's Guide

by Brian Westfall,
Market Research Associate
Last Updated: September 20, 2017


Talent management is a hot topic within the Human Resources (HR) software market. This software category refers to two primary functions: the acquisition of new hires and development of employees. There are more than 100 different software solutions available to improve your processes of interviewing, hiring, onboarding and retaining employees. Learning management is also increasingly being considered as part of this application category. With the HR market in constant evolution, we thought this guide would help you make better, more informed buying decisions.

Here’s what we’ll cover:

What Is Talent Management Software?
Why Do Companies Buy Talent Management Software?
Benefits and Potential Issues
What Type of Buyer Are You?
Market Trends to Understand
The Vendor Landscape

What Is Talent Management Software?

Talent management software is the trump card when it comes to successful acquisition, development and retention within an organization. That’s because with the right system, hiring managers can easily track applicants, stay organized throughout the interview process and minimize the paper trail when onboarding new hires.

It's certainly possible for companies to buy separate, "stand-alone" systems for each of these tasks—for example, one solution for tracking applicants, another for new-hire onboarding, and so on. But for companies looking to automate all of the above, a comprehensive talent management suite will incorporate all of these functionalities.

The top platforms also help modernize and streamline the performance review processes. Employees and managers can track individual performance goals and accomplishments throughout the year, making the review process a collaborative effort with measurable success.

With the evolution of cloud computing, complex processes have been revolutionized by engaging and involving a broader set of employees and managers. Cloud computing, or Software as a Service (SaaS), gives users the ability to tap into resources from anywhere there is Internet access. These Web-hosted, feature-rich solutions enable candidates to view and apply for your open positions online, answering specific questions and submitting important documents without flooding email in-boxes. Hiring managers can quickly access key information and identify their best applicants, minimizing time spent filtering through countless emails.

Core functionality includes:

  • Online applications

  • Interdepartmental communications

  • Resume import function

  • Applicant flagging/fast-tracking

  • Candidate tracking

  • Real-time performance documentation

  • Key document tracking

  • Goal tracking

  • Electronic record-keeping

  • Employee self-service

Why Do Companies Buy Talent Management Software?

Over the years, we’ve spoken to hundreds of companies considering the purchase of talent management software. As a point of reference, we thought it would be helpful to provide potential buyers with an overview of past clients’ main application requests, as well as reasons for purchasing this type of software.

The number one application requested by companies searching for talent management software was performance review, while applicant tracking and recruiting came in second.

What Applications to Buyers Look For in Talent Management Software

Almost half of the buyers we spoke with were looking to automate and/or improve their efficiency or effectiveness with the purchase of a new talent management system.

Why Do Buyers Seek Talent Management Software

Also interesting to note, the sizes of businesses seeking talent management software spanned a wide range. It seems that talent management is a concern for companies of all sizes.

However, the type of talent management system you purchase will most likely be dependent on the number of employees you currently have, and the type of software you currently employ. As such, it is important to note that there are several different types of buyers.

Benefits and Potential Issues

Modernizing the approach a company takes to attracting and retaining talent makes it easier to keep employees motivated and engaged. Furthermore, by streamlining the processes for acquiring and retaining talent, employers can stay better organized and communicate more effectively. With candidate and employee information available at their fingertips, managers and HR professionals can quickly accomplish routine tasks to focus on more strategic initiatives. And employees that have a sense of their value within an organization are far less likely to leave than those who don’t. Having the right talent management tools is important to taking your people processes to the next level.

What Type of Buyer Are You?

Before you purchase a system, it is important to assess what kind of buyer you are. We believe that the majority of buyers fall into one of these categories:

Integrated suite buyers. These buyers work for organizations where some, or all, of the HR processes have become disjointed and inconsistent. They need reliable solutions to improve operational efficiency within their existing HR processes, while effectively updating their management of top talent. Quite simply, these buyers are looking to implement a range of applications, all within one integrated suite. Integrated HR suites with robust functionality are often the best solution.

Best-of-breed buyers. These buyers work for large organizations specifically interested in updating acquisition, development and retention strategies and processes. They need straightforward, easy-to-use talent management system tools that can be implemented into a complex operation with minimal interruption. Functional depth is critical to meet demanding departmental requirements, and best-of-breed systems with high SaaS capability offer the best solutions.

Cost-conscious buyers. These buyers work for organizations that are looking to update their existing systems while keeping costs low. Although there are less expensive on-premise options available, the evolution of SaaS in HR software is changing the industry. That’s because organizations with more limited resources are able to access a broad range of solutions. Cost-conscious buyers looking to enhance their acquisition process should consider stand-alone, best-of-breed applications to integrate with their existing HR systems, either on-premise or on in a hosted, SaaS-based model.

Market Trends to Understand

These trends should be considered as you research talent management solutions.

Consolidation. Recently, larger HR software companies have aggressively acquired many best-of-breed solutions as a means of strengthening the arsenal of their integrated suites. For buyers, this means increased functionality and integration with the rest of your HR system. These integrated suites offer across-the-board functionality, which provide users with a one-stop shop. Larger vendors have the resources to offer more customer support, and offer easy-to-implement solutions. The downside? Service sometimes experiences disruptions as vendors are acquired. Locking in rates and service/maintenance terms should minimize any discrepancies.

Software as a Service. SaaS has changed the HR landscape, offering exceptional usability for managers and employees at every step in the process. With its Web-based interface, SaaS offers buyers the tools to simplify and streamline complicated processes, such as applicant tracking and performance appraisal. Improved accessibility translates to increased usability, which in turn creates a more cohesive and collaborative effort when interviewing candidates or reviewing employee performance.

Strategic HR. Regardless of industry or size, an organization’s greatest resource is its people. Today, some of the most successful companies are focused on enabling HR professionals to harness this resource to its fullest. Analysts have been coining phrases like proactive management, talent pooling and retention strategies for a while now, and branding this category of software as “strategic HR.” Modernizing the process of attracting, acquiring and developing talent with these strategic tools enables an organization to consistently build the value of its talent pool. Buyers should consider whether they purchase these strategic HR tools from an existing HRMS vendor or a pure-play strategic HR vendor.

The Vendor Landscape

These types of buyers... Should evaluate these systems...
Integrated suite buyers Sage Abra HRMS, Lawson HCM, ADP, PeopleSoft
Best-of-breed buyers Halogen, Taleo, Plateau
Cost-conscious buyers iCIMS Talent Platform, aQayo, AcquireTM

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