Best Talent Management Software54Talent management suites encompass strategic HR processes including recruiting, retaining, developing, rewarding and motivating performance. The most common talent management modules include Applicant Tracking Systems (ATS), Learning Management Systems (LMS), Employee Performance Management (EPM), 360-degree feedback, and Succession Management. Many of the components of talent management suites were traditionally purchased separately as niche products, but suite adoption is increasing.UltiPro1https://media.trustradius.com/product-logos/PE/Cg/3O97AMG7OTTT-180x180.JPEGCeridian Dayforce2https://media.trustradius.com/product-logos/H8/gb/GRRFZG7EG952-180x180.PNGADP Workforce Now3https://media.trustradius.com/vendor-logos/9Z/Jg/E6O1TITPOZ3V-180x180.PNGOracle HCM Cloud4https://media.trustradius.com/product-logos/rR/7o/QBIV9OKU7MG7-180x180.JPEGCornerstone OnDemand5https://media.trustradius.com/product-logos/c7/0T/XVJCDR2KAI0J-180x180.PNGAscentis6https://media.trustradius.com/product-logos/R5/Hg/ASVVC8N3TMIT-180x180.JPEGPaycom7https://media.trustradius.com/vendor-logos/UA/qK/2MPJ7C7UPPN2-180x180.PNGSaba TalentSpace (formerly Halogen)8https://media.trustradius.com/product-logos/p3/kn/RITE2QIF7GML-180x180.PNGSAP SuccessFactors9https://media.trustradius.com/product-logos/6Y/vD/BW9SSICI1S8J-180x180.JPEGSaba Cloud10https://media.trustradius.com/product-logos/I4/zm/9TT162AUTFA7-180x180.PNGPeopleFluent Mirror Suite for Talent Management11https://media.trustradius.com/product-logos/mb/ff/B14ZWIQADX9V-180x180.JPEGHealthStream12https://media.trustradius.com/vendor-logos/08/ab/1U910L8GFDXV-180x180.JPEGPeopleAdmin SelectSuite13https://media.trustradius.com/product-logos/MC/Z6/SSUUIL3VLK81-180x180.JPEGSilkRoad Onboarding (formerly RedCarpet)14https://media.trustradius.com/vendor-logos/1s/at/BPWJ0XPKN3VL-180x180.PNGtalentReef15https://media.trustradius.com/product-logos/jP/BL/D933AZBJIQDZ-180x180.JPEGDeltek Talent Management16https://media.trustradius.com/product-logos/bM/wX/E86AQRV5L5NK-180x180.JPEGLumesse (Discontinued)17https://media.trustradius.com/vendor-logos/7w/1y/LSS0LCCM6OHH-180x180.PNGSilkRoad Life Suite18https://media.trustradius.com/vendor-logos/1s/at/BPWJ0XPKN3VL-180x180.PNGClearCompany19https://media.trustradius.com/vendor-logos/Aj/1x/52KTO7S25K26-180x180.PNGTalentsoft20https://media.trustradius.com/vendor-logos/Uo/kx/0TE6E13HT943-180x180.JPEGMeta4 PeopleNet Talent Management21https://media.trustradius.com/vendor-logos/KC/hH/W4CKTEQE3I7C-180x180.JPEGEngagedly22https://media.trustradius.com/product-logos/41/xS/6XTJ4Z2V7K10-180x180.JPEGEightfold23https://media.trustradius.com/product-logos/7i/MU/7CB2MU1Z6B8U-180x180.JPEGTribeHR24https://media.trustradius.com/vendor-logos/73/WT/2NZDJJ5SROZ9-180x180.PNGPeopleStrategy eHCM25https://media.trustradius.com/product-logos/ED/8f/QQM1RNT8GKCP-180x180.JPEG

Talent Management Software

Best Talent Management Software

TrustMaps are two-dimensional charts that compare products based on satisfaction ratings and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.

Talent Management Software Overview

What is Talent Management?

Talent management is sometimes considered a synonym for performance management. However, in reality, talent management software is a set of HR capabilities—including but not limited to performance management—that are considered strategically important to the organization. One possible definition is that talent management software is designed to manage talent through the entire lifecycle from talent acquisition through development to reward and measurement, in order to ensure that the best people are being hired, developed and trained and compensated to maximize value for the organization.

Talent Management Solutions

The primary constituent elements of talent management suites form a continuum of activities and processes, revolving around the most important resource in any organization--its people. The primary talent concerns of most organizations include:

  • Talent acquisition, especially improving the quality of hires
  • Speeding up the time to competency
  • Improving performance and development
  • Making sure that everyone is working on projects with the highest potential for impact
  • Ensuring that talent is rewarded and compensated
  • Finding a new generation of leaders
  • Continuously developing staff to meet the fast changing needs of the modern corporation

A talent management system is designed specifically to help organizations solve common people-related HR pain points and meet these highly strategic goals.

Talent Management Software Features & Capabilities

Most talent management suites cover these core capabilities:
  • Recruitment/ATS: Recruiting is offered either as a component of talent management suites or as standalone products. Features include job posting, candidate management, and applicant tracking.
  • Onboarding: Onboarding is the process of orienting and integrating new hires into the cultural and performance aspects of their job. The goal of onboarding is to speed up new hires' time-to-value and includes features like training tracking, assessments, and new hire portals.
  • Cascading Goal Alignment: Goal alignment features help coordinate employee's personal performance and career goals with specific, higher-level business goals and objectives. They include hierarchical goal setting, line-of-sight visibility, and performance tracking.
  • Performance Management: Performance management is the process of tracking employees' accomplishment of predetermined goals. It is measured via performance plans, status tracking, and reporting.

  • Employee Engagement: Employee engagement is a relatively new facet of talent management. It entails surveying employees to track engagement with culture over time, job satisfaction, and competency levels to target future employee development.
  • Learning Management: Learning management focuses on post-onboarding employee skills development and competencies, as well as customer training in some cases. The market for e-content and learning management systems offers general-use products and industry-focused offerings.
  • Compensation Management: Compensation management entails setting employee pay grades and incentive structures based on performance criteria.
  • Succession Planning: Succession planning is the identification and preparation of top talent within the company for professional growth and leadership positions. It includes the creation of succession plans themselves, as well as candidate tracking and ranking.

Talent Management Software Comparison

To compare different talent management products, consider these aspects of each software offering:
  1. Talent management suite vs HR management suite: Talent management capabilities exist both in standalone suites and as modules of more comprehensive HR management suites. If you already have an HR management suite and just need an external talent management product, a standalone offering may be more efficient and cost-effective. However, if you’re looking for additional HR software beyond talent management, a more comprehensive suite can pose substantial integration and data centralization benefits.
  2. Integration with other software you use: Integration and data flow within your HR environment is an increasingly important aspect of talent management, according to our study of talent management professionals and external research. In response to this need, many vendors are improving their ability to integrate with various 3rd party software. To get the most out of your own data, make sure that every product you’re considering can demonstrably integrate with the other software you’re using.
  3. User base demographics: Most talent management users skew towards larger businesses and enterprises. As businesses grow in size, they often need talent management functions that are more complex, in-depth, and varied than smaller organizations. In addition to exploring the specific features offered, look at the size of each products’ users to get a preliminary gauge of how well the product would be able to scale to fit your needs.
Start a Talent Management comparison

Pricing Information

Talent management software pricing varies depending on whether or not it's housed within a larger HR Management or HCM suite. Standalone talent management solution prices can range from $10-20/month/user. Talent management features are frequent components of full HCM suites, which rarely advertise set pricing plans and can vary widely. However, pricing for HCMs and standalone talent management solutions both generally scale by the number of users.

More Resources

Talent Management Products

Listings (1-25 of 79)

UltiPro

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
824 Ratings

Ultimate Software delivers cloud-based HCM solutions that help businesses simplify payroll computations, accelerate talent acquisition, manage time and attendance, and support proactive, strategic talent management on a global level.

Ceridian Dayforce

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
891 Ratings

Ceridian Dayforce HCM is a cloud-based platform encompassing HR, payroll, benefits, and talent and workforce management. It provides companies with a scalable framework and real-time data, such as continual pay calculations, to enable efficient decision-making.

ADP Workforce Now

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
685 Ratings

ADP Workforce Now is a cloud-based HR platform for mid-sized businesses. It features customizable modules of various HR services that businesses can tailor to their specific needs, as well as regulatory monitoring and alerts to help businesses remain compliant.

Oracle HCM Cloud

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
524 Ratings

Oracle HCM Cloud combines various human resources operations, such as Core HR functions, talent management, and workforce management, within one platform. The Cloud program provides global scaling and prioritizes mobile accessibility and integration.

Cornerstone OnDemand

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
Top Rated
226 Ratings

Cornerstone OnDemand is a cloud-based application for talent management. Cornerstone offers suites for recruiting, training, performance monitoring and planning, learning, and HR data management. It is scaled for enterprises.

Ascentis

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
229 Ratings

Ascentis HR uses web-based management programs to help automate complex HR processes. It's fully integrated with Ascentis’ other services including customizable payroll, time and attendance and recruiting modules.

Paycom

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
123 Ratings

Paycom is a core HR management software solution. It includes features such as talent acquisition and management, time tracking, and payroll management. It offers some automation capacities, particularly regarding payroll.

SAP SuccessFactors

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
171 Ratings

SAP SuccessFactors is a suite of HR/HCM products covering these capability areas: core HR and payroll, recruiting and onboarding, learning and development, performance and compensation management, workforce analytics and planning, and employee experience management.

Saba Cloud

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
58 Ratings

Saba Cloud is a talent management suite which includes performance management, succession planning, learning management, planning, and recruiting. The vendor intends the cloud-based platform to be highly scalable to enable continuous corporate employee development.

26 Ratings

HealthStream is a cloud-based Talent Management Suite specifically designed for the healthcare sector. Focused on training (LMS), the suite also includes performance management, competency, simulation and credentialing. HealthStream also provides research services to healthcare organizations.

18 Ratings

talentReef is a recruitment and talent management system optimized for service-sector workforces. talentReef emphasizes its support for regulatory compliance, automated workflows, and mobile accessibility across its functions for recruiting, onboarding, training, and performance management.

SilkRoad Life Suite is an integrated suite applications : OpenHire for recruiting, RedCarpet for onboarding and life events, WingSpan for performance management, GreenLight for learning management, Point and Eprise for Social Collaboration and Content Management, and HeartBeat for HRIS/HRMS.

10 Ratings

ClearCompany offers an applicant tracking system with core features, including batch or mass communication, job board posting, centralized internal communications, and background checking features. It also provides onboarding automation and performance management.

1 Ratings

Engagedly is a cloud based talent management platform. There are various modules that include:Performance Appraisal 360 reviews, Real time feedback, Social praise, Goal management/OKRs eLearning Employee Surveys Employee Referrals Social Collaboration and Gamification

1 Ratings

According to the vendor, Talent Intelligence Platform (TIP) is the first AI-powered platform, and revolutionizes the talent acquisition process to challenge systemic issues related to hiring, retention, and engagement. Eightfold's TIP integrates with HRMS and ATS allowing teams to amass rich and ...

PeopleStrategy eHCM is a cloud-based, Software-as-a-Service Human Capital Management solution featuring integrated Payroll, Human Resources, Employee & Manager Self-Service, Applicant Tracking, Benefits Administration, Workforce Management, Performance Management, Compliance, Reporting and An...

Frequently Asked Questions


What is talent management?

Talent management is the acquisition, compensation, and development of your business’s talent pool. It entails HR processes revolving around your talent (personnel) from recruitment to offboarding.

What are the core functions of talent management?

There are 6 core areas in talent management. Modern talent management suites should support most or all of these functions:

  • Recruiting
  • Onboarding
  • Performance management, including goal management
  • Compensation management
  • Learning management
  • Succession planning

How is talent management different from performance management?

Performance management is a subset of talent management focusing on employee goal setting and achievement, as well as company benchmarks and expectations for productivity. Talent management includes a broader set of features, including performance management, that supports employees throughout their lifecycle at a company.

How much does talent management software cost?

Talent management software cost differs based on whether it is part of a larger HR suite/HCM product or if it is a standalone offering. Standalone talent management software can range from $10-$20/user/month.

Why does talent management matter?

Talent management is crucial to sourcing and getting the most value possible out of your existing talent pool, including supporting skills development and retraining. It is also playing a growing role in retention and addressing employee engagement.