Best Talent Management Software

Discover the best talent management software to create and retain high-quality employees. Today talent acquisition managers and human resource departments play versatile and diversified roles in various organizations. The job responsibilities involve identifying, scanning, and recruiting the right skills and managing onboarding recruits, payroll, retaining potential talent, and improving employee satisfaction and performance. Enter talent management software that streamlines and simplifies all these tasks, unifies, and engages the workforce to boost productivity. 

Talent management software is a groundbreaking advanced tool that allows human resource managers and companies to efficiently manage employee recruitment, onboarding, and employee retention. The next-generation application also focuses on employee training and compensation. 

The talent management system enables talent acquisition managers to make smarter hiring decisions through the entire interview process and minimize paperwork. Also, talent management tools are a one-stop-shop for tracking the best candidates and training the new onboards. The managers and employees can identify their performances and set goals, whereas the system aims to improve the full employee lifecycle. 

The talent management system is based on five crucial pillars in the present scenario. These include-

  • Recruiting and Onboarding the Right Employees 
  • Creating learning and development programs for new employees
  • Tracking and Managing the performance of employees
  • Developing a compensation management plan 
  • Succession planning

Finding the best talent management solution can be a daunting task for many organizations with a wide range of choices. They need to check the different features, prices, and ensure that it fits their business requirements. To ease the process, GoodFirms has prepared a reliable list containing the best Talent Management Software along with a comparative study of their features, pricing models, deployment methods, supporting platforms, devices, and more. Do refer to the list and pick the right one for your organizational needs.

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List of the Best Talent Management Software

  • Zoho Recruit

    Talent Acquisition System - Faster hires, better hiring
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    "Zoho Recruit's talent acquisition system and recruiting software is designed for modern workforce that helps you hire more qualified candidates faster."Zoho Recruit is an applicant tracking system catering to multiple hurdles faced by recruiters. With complete solutions for both in-house recruiters and staffing agencies, Zoho Recruit helps you source, track, and hire the best candidates, without ... read more about Zoho Recruit

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    25% in Talent Management Software
  • ADP Workforce Now

    All-in-one platform for Payroll and HR
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    ADP Workforce Now is cloud-based HR management software and payroll software that drives greater value for midsized businesses. Easily manage all of your HR functions payroll, HR services, workforce management, talent & benefits, and gain insights across your organization. easy-to-use payroll software or you may be looking for solutions to make other aspects of HR simpler. See what our solutions ... read more about ADP Workforce Now

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    25% in Talent Management Software
  • UltiPro

    HR Software Solutions & Payroll for Human Capital Management
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    Ultimate provides human capital management solutions designed to improve the employee experience by putting people first—HR management, payroll system, talent, time and scheduling, engagement surveys, HR service delivery, and more. UltiPro helps simplify and improve work experiences for all employees. Organizations can easily manage global people data and processes with UltiPro and ensure their ... read more about UltiPro

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% in Talent Management Software
  • Serving more than 25,000 organizations and almost two million employees worldwide, BambooHR® is the only HR software designed for small and medium-sized businesses. BambooHR makes it easy for growing companies to manage essential employee information in a personalized, cloud-based, and secure system. BambooHR customers include innovators like Asana, SoundCloud, Foursquare, Freshbooks, Stance, Red ... read more about BambooHR

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Category Focus
    10% in Talent Management Software
  • UKG Pro

    Global HCM Suite for Midsize to Large Organizations
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    UKG Pro Suit is for Human capital management built for every life-work journey. Transform your organization with a connected people experience. UKG Pro Transform your organization with a truly connected global workforce experience — moving beyond traditional definitions of human capital management (HCM) to look further and combine transformative HR technology with robust payroll functionality a ... read more about UKG Pro

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    30% in Talent Management Software
  • Workday HCM

    An HCM system that adapts to what comes next.
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    Workday HCM was founded on a disruptive idea: to put people at the center of enterprise software. Now, over a decade later, we still deliver on that idea every day. Our core values give us a framework for leadership and daily decisions and help us enjoy our time at work. Sounds so simple, but too often companies get caught up in politics, ivory-tower attitudes, and market mania instead of focusing ... read more about Workday HCM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    10% in Talent Management Software
  • ClearCompany

    Exceptional Talent. Exceptional Results.
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    ClearCompany is an award-winning Talent Management Software provider and the only HR software provider that unifies Recruiting, Onboarding, Performance Management, and Goal Tracking. Their suite of software solutions includes Applicant Tracking System, Paperless Onboarding, Performance Management, and Talent Operating System.   ... read more about ClearCompany

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    15% in Talent Management Software
  • ELMO

    Looking for an integrated HR & payroll solution
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    ELMO offers a comprehensive suite of cloud HR, payroll and rostering / time & attendance software solutions that can be configured however your organisation requires, and these are available within a single dashboard and single user interface. We can help your organisation streamline your HR & payroll processes to increase productivity, efficiency and reduce costs. ... read more about ELMO

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% in Talent Management Software
  • SAP SuccessFactors

    Keep up by starting a Human Revolution with HR at its core.
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    With SuccessFactors HCM, you can automate your people processes, improve visibility and efficiency, and transform your business turning strategy into execution every day. Since the software deploys in the cloud, its easy to set up and offers built-in best practices to manage the entire employee lifecycle. Put employees at the heart of everything you do with SAP SuccessFactors software. Our cloud H ... read more about SAP SuccessFactors

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    25% in Talent Management Software
  • Oracle Fusion Cloud HCM is a complete cloud solution that connects every human resource process—and every person—across your enterprise. We help you create a community where people feel valued, heard, and like they belong. With a single user experience and data model and seamless processes and infrastructure, Oracle Cloud HCM can help you redefine what best looks like for your people. ... read more about Oracle Cloud HCM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    25% in Talent Management Software
  • Pocket HRMS

    Empowering Businesses with smHRt solutions
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    Our vision behind creating Pocket HRMS and HR bot is to declutter your HR department and make it more friendly, welcoming and efficient. Simply put, our motto behind developing Pocket HRMS is “people first”. We have always witnessed that every successful business puts its employees first. We have an understanding of this apparent fact. We believe that most elements for any business and the ... read more about Pocket HRMS

    Entry Level Price
    $30 Per Month
    Free Trial
    15 Days
    Category Focus
    10% in Talent Management Software
  • Cornerstone HR

    A single HR software solution to better manage your people.
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    A single HR software solution to better manage your people. All the people data essentials you need without the rip and replace cost, complexity, or risk. Visualize headcount, budget, performance, structure and more in real-time to model potential changes and adapt your workforce to meet strategic objectives. Cornerstone HR is designed to drive smarter workforce decisions. Manage people data acros ... read more about Cornerstone HR

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Talent Management Software
  • Empxtrack

    Easy-to-use self-configurable & highly customizable HR solutions for all types of businesses
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    At Empxtrack Inc. We love businesses, people, and technology. We believe businesses need to inspire - their people, their customers and the community, at large. To realize this, the managers need to build and lead teams that work coherently, get better with times and make objective decisions. We build technology that enables them to achieve this. Empxtrack is an integrated talent management soft ... read more about Empxtrack

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    25% in Talent Management Software
  • iCIMS Talent Cloud

    Transform talent engagement with employes.
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    The iCIMS Talent Cloud is a single platform that delivers transformative solutions across every stage of the talent journey. Create inspiring, personalized candidate experiences that bring the best talent right to your door. Automatically identify top candidates and connect with them in the right place, at the right time. Simplify interview management, offers, and onboarding with transformative AI ... read more about iCIMS Talent Cloud

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    100% in Talent Management Software
  • iSmartRecruit

    Your smart recruiting partner
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    Award-winning Recruitment CRM and ATS Software have a presence in 60+ countries worldwide. The system contains various modules, including sourcing, screening, ATS, reporting, analytics etc. Also, the system has various advanced features of Artificial Intelligence, which can simplify the work of recruiters and hiring managers to a great extent. For more information, you can write to us at sales@ism ... read more about iSmartRecruit

    Entry Level Price
    Contact vendor
    Free Trial
    14 Days
    Category Focus
    27% in Talent Management Software
  • SutiCRM

    Best Cloud CRM Software for SMBs
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    SutiCRM helps organizations manage customer data and interactions, automates marketing, sales, and customer service activities. The CRM software provides a complete view of what customers want and easily integrates with your existing applications to combine all business data. It also improves supplier and partner relationships. SutiCRM offers you marketing, salesforce, and customer support automa ... read more about SutiCRM

    Entry Level Price
    $10 Per Month
    Free Trial
    30 Days
    Category Focus
    11% in Talent Management Software
  • Infor HCM

    Empowering people with innovative cloud-based human capital management solutions
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    Infor Human Resources is a powerful set of cloud-based human capital management (HCM) software solutions that empower your people to deliver streamlined processes with remarkable experiences. This solution replaces complex processes, workflows, and systems with sophisticated, yet intuitive technology. Give your HR professionals the ability to connect your business and talent objectives to create s ... read more about Infor HCM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Talent Management Software
  • EmployeeConnect

    Cloud HR Software to Build a Better Workplace
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    The HRIS you need to manage your workforce with complete flexibility & control. Our HRIS technology let’s you leverage workflow & rule driven processes to enforce and automate your policies, best practices and legislative obligations. Introduce clarity and transparency, with the ability to trace back processes with financial & operational impact, back to the source document with a few clicks. Ou ... read more about EmployeeConnect

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    25% in Talent Management Software
  • HRBLADE

    Video Interview Software, Digital Recruitment Platform
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    HRBLADE is a video interview software and hiring platform that automates the recruitment process and candidate testing. HRBLADE saves hundreds of hours on recruiting, simplifies the work of HRs, and minimizes human mistakes with an AI-driven hiring intelligence platform. HRBLADE works with thousands of customers across all industries and company size demographics. HRBLADE is a platform with ... read more about HRBLADE

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    50% in Talent Management Software
  • Ducknowl

    Talent Screening and Assessment Platform
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    Ducknowl is a Talent Screening and Assessment Platform, which makes the hiring process faster and smarter. Recruiters and HR teams spend a lot of time screening candidates for jobs, still the best candidates do not come to the surface. Ducknowl solves your screening problem. The platform allows you to conduct resume screening, video screening and skill assessment of applicants from one dashboard. ... read more about Ducknowl

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    30% in Talent Management Software
  • Engagedly

    Employee Performance Management Software
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    Engagedly is a new age performance management software that redefines performance appraisals by simplifying and incorporating elements of employee engagement into the performance review process. With Engagedly you can get 360 Feedback and continuous performance reviews done easily. It takes minutes, not days to set up and run a review process that employees will appreciate, help managers save time ... read more about Engagedly

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% in Talent Management Software
  • Kredily

    Payroll & HR Software For Free.
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    Kredily is a complete HRMS Solution for Payroll & Attendance Management. Free Forever Attendance, Payroll & HR Platform For Unlimited Employees. Kredily is a world-class HRM and Payroll Software to manage your complete HR processes through intuitive and easy-to-use apps for Leave, Attendance, Employee Engagement, and Payroll. We use Machine Learning and Artificial Intelligence to automate 70 ... read more about Kredily

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% in Talent Management Software
  • Avature

    Makes Strategic HR Possible
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    Avature is a highly flexible enterprise SaaS platform for Global Talent Acquisition and Talent Management, and the leading global provider of CRM for recruiting. Founded by Dimitri Boylan, co-founder and former CEO of HotJobs.com, Avature brings commercial internet technology and innovation to recruiting, onboarding, internal mobility and performance challenges. ... read more about Avature

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% in Talent Management Software
  • Organimi

    Organimi is the easiest and most powerful way to create an organizational chart.
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    Organimi is a simple Organizational Chart tool.Organimi is perfect for small and medium sized businesses, not for profit organizations, faith groups, sports leagues, municipalities; schools, colleges & universities.Organimi is also useful for teams in large organizations to document and track their team structures. ... read more about Organimi

    Entry Level Price
    $125.00 Per Year
    Free Trial
    N/A
    Category Focus
    50% in Talent Management Software
  • Talentsoft

    Design a fulfilling work experience for all
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    Talentsoft is the European leader in cloud-based Talent Management software.With over 2,O00 clients and 9 million users across all continents and 27 languages, Talentsoft is laying the foundation for the future of Human Resources with its ultra-customisable Cloud-based solution that ties competency management to career paths and learning programmes. ... read more about Talentsoft

    Entry Level Price
    Contact vendor
    Free Trial
    Available
    Category Focus
    25% in Talent Management Software
  • PeopleFluent

    Develop people. Drive performance. Deliver results.
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    PeopleFluent solutions deliver unmatched flexibility and configurability that can accommodate even the most complex and unique strategies, even as requirements change. Our Recruitment solution delivers a winning candidate experience, helping hiring managers select the right people, and drive business results. We empower you to work your waynot the way your ATS dictates. ... read more about PeopleFluent

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    34% in Talent Management Software
  • Talentia HR Suite

    An end-to-end solution to engage, develop and grow your Talent.
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    An intuitive solution that can been deployed on-premise or in the cloud and that gives you a perfect view of your company's biggest asset - your people. By relying on a robust, easy to use and collaborative system, HR can throw away their paper forms and spreadsheets and focus their attention on their workforce. From recruitment & onboarding to performance, training, compensation and development, ... read more about Talentia HR Suite

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    50% in Talent Management Software
  • iTrent

    Enable your organisation to do what you do best through iTrent
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    iTrent HR and Payroll software. It is a leading provider of innovative software and services for talent management, HR, payroll, and analytics. We help organizations of all sizes drive organizational performance, working in partnership to reduce operational costs, streamline outdated processes and enable their people to deliver maximum value for their organization and customers. ... read more about iTrent

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    25% in Talent Management Software
  • ActionHRM

    Cloud based Human Resource Management
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    ActionHRM provides a full life cycle Human Resource Management (HRM) solution that drives real value for small and mid-tier companies, increasing employee productivity, improving compliance and reducing Human Resource (HR) costs – all through an easy to use, on demand cloud solution. ... read more about ActionHRM

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    25% in Talent Management Software

Frequently Asked Questions

How Does the Talent Management Software Simplify Recruitment and Improve Employee Engagement?

The talent management tools are incredibly efficient in strategically creating a smart and productive workforce. It can simplify various HR roles. The HR professionals have to spend less time scrutinizing the resumes of the eligible candidates. The software further ensures that the talent gets rewarded and compensated to enhance employee retention. Talent management technology helps in employee career development and provides seamless team collaboration leading to organizational growth. 

What is the Difference Between Talent Management Software (TMS) and Human Resource Management Software (HRMS)?

The critical difference between talent management software and human resource management software is related to its functionality. The talent management software centers around recruiting the top candidates, streamlining onboarding the right talent, tracking performance, etc. 

The HRMS, on the other hand, focuses more on administrative tasks. This includes managing employee data, and payroll, approving or rejecting leave applications, and providing other benefits.

Who Can Implement and Use the Talent Management Software?

All business organizations, regardless of size, can implement and use talent acquisition software. The talent management program proves beneficial for HR professionals, talent acquisition managers, trainers, and all employees working in the company. 

Which Software Can be Integrated With TMS?

You can successfully integrate a wide range of software tools with the talent management system. These include HR Software, Employee Engagement Software, Employee Monitoring Software, Onboarding Software, Performance Management Software, Recruiting Software, and more.

What are the Core Functions of Talent Management Software?

Talent management solutions get fuel and power from the core features it offers to users. The striking features include-

  • Managing the entire lifecycle of an employee 
  • Tracking the performance of all employees 
  • Planning, attracting, sourcing, recruiting, and retaining the right talent.
  • Compensation management deals with timely salary and appraisals. 
  • Identifying and developing new skills in place of retired, terminated, or left employees
  • Onboard new employees, provide learning and training opportunities.

Why Select Talent Management Software?

The top TMS talent management system benefits include-

  • Streamlines and Simplifies the Recruitment and Hiring Process 
  • The talent management applications provide an enhanced onboarding experience.
  • Enables the HR department to meet the set goals 
  • Boosts employee engagement and retention
  • Integration with several software applications
  • Helps to develop and grow employee career 
  • Surges the performance of the team while working on projects
  • Saves time while hiring new employees

Key Considerations for Choosing Talent Management System

Several vital determinants have to be considered while opting for the best talent management software. These include-

  1. Extensive research on vendors and selection wisely 
  2. Consider the features and functionalities the TMS provides
  3. Go through the pricing model thoroughly. 
  4. Decide the deployment option; cloud-hosted, Open API, or On-premise. 
  5. The type of support available 

What is the Cost of Implementing Talent Management Software?

The pricing model of the best talent management software depends on an array of factors. First and foremost, most talent management software companies decide the cost based on the features and benefits the tool is offering. Also, there is an option of choosing free talent management software such as Freshteam, Kredily, EmployeeConnect, and more. You will discover that several talent management systems provide free trials for a certain period before charging for the service. 

If you search for cost-effective talent software services, you can opt for Heartpace starting at $5.88 per month, Duuoo, which starts at $6 per month. For a mid-range budget estimate, the options include; Zoho Recruit costing about $25 per month with a 15-day free trial period, and monday.com starting at $39 with a 14-day free trial period. Companies ready to invest with an extended budget can unleash BloomBloom’s advantages at $119 per month, Organimi costing $125, and Beetween, at $143 per month. 

Besides these, a few software come at a premium cost for the unique and customized features, such as eFront starting at $1000 per month with a 30-day free trial offer.

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