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  • 126 Softwares   |  Last updated: Apr 18, 2024

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

  • EVA

    Next generation, recruitment process automation technology.
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    EVA is an AI-powered assistant for automating Talent Acquisition and Talent Management experiences leveraging HR 4.0 Technology. EVA provides smart screening solutions for bias-free and evidence-based hiring decisions, conversational AI to augment HR interactions, self-service customised portals, and business intelligence dashboards for HR insights. ... read more about EVA

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

  • startup oi

    The coolest global engineering community
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    At startup oi, our vision is to connect all engineers with the best tech startups and companies around the world. startup oi is a work-and-play platform for engineers across the globe. Tech firms can connect with the best engineering talent in any region, exclusively on startup oi, promoting their jobs and brands easily and efficiently. Engineers all around the globe not only can easily find t ... read more about startup oi

    Entry Level Price
    Free version
    Free Trial
    Available
    Category Focus
    100% in Talent Management Software

  • TalentPulse

    Talent Assessment Software
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    What is TalentPulse? TalentPulse is a Talent Intelligence Platform that helps organizations revolutionize how to attract, assess, align, develop and retain top talent, both within and beyond the company. Accendo's cloud platform enables organizations to run entire talent journeys that include conducting assessments, obtaining meaningful insights for strategic decision support, and crafting lear ... read more about TalentPulse

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

  • Ruul

    Make any location your workplace with all-in-one work solutions made for the remote reality.
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    Ruul started its journey as an invoicing, payment and legal partner to digital talents and modern organizations. Over the years, it has enabled over 10.000 organizations and more than 50.000 talents to work with ease and compliance all around the world. As the pandemic accelerated the shift in work culture, the bootstrapped company rapidly grew. ... read more about Ruul

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

  • NinjaInterview

    Video Interviews Software
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    What is NinjaInterview? NinjaInterview, developed by 500 Apps, is the ideal solution for anyone looking for a way to expedite and streamline the process of conducting job interviews. With its user-friendly graphical user interface and extensive feature set, NinjaInterview makes it incredibly simple to identify and choose the most competent individuals who have applied for open jobs. By utilizin ... read more about NinjaInterview

    Entry Level Price
    $14.99 Per Month
    Free Trial
    14 Days
    Category Focus
    100% in Talent Management Software

  • HireLoop

    Candidate Engagement & Experience platform
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    Leverage our innovative solution to keep candidates engaged post-offer, helping you reduce dropout rate & hire the right talent. - Provides Timely warnings for at-risk candidates - Utilizes feedback & behavioural insight scores - Flag key concerns - Eases and reduces the burden from the talent acquisition team. - Continuous Intervention and engagement with candidates - Platform to voice out ... read more about HireLoop

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

  • bravoSUITE

    SMART HR AND TALENT MANAGEMENT SOLUTIONS
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    Bravo Talent Corporation was established in 2020 with headquarter in Ho Chi Minh City, Vietnam. With ties to one of the leading software outsourcing companies in Vietnam, Orient Software, our vision is to create a smart talent management solution for companies to transform their human resource management processes by empowering people. Our solution bravoSUITE is a complete platform to manage ... read more about bravoSUITE

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

  • Seekout

    Grow the talent you have. Find the talent you need.
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    SeekOut provides you with a comprehensive 360 view of internal employees and external talent with analytics, predictive insights, and action recommendations to provide a competitive advantage in recruiting, retaining and developing their talent base. ... read more about Seekout

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

  • Gem

    The modern recruiting CRM
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    Gem helps talent acquisition teams hire with remarkable speed and efficiency. Our platform transforms recruiting into a strategic, data-driven function and gives every part of the organization the tools to drive results and showcase their impact. With Gem, teams can automate and personalize candidate communication, unify all recruiting touchpoints into a single system, and get usable data across t ... read more about Gem

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

  • Personio

    Everything Starts With People
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    Personio’s all-in-one software makes HR processes as efficient and effective as possible so organizations can focus on what matters: people. Performance & Development - Never miss another performance chat. Build unbeatable teams. Recruiting - From ad to offer in a few clicks. Get top talent hired in record time. Preliminary Payroll - Take the mayday out of payday. Simply check and approve. ... read more about Personio

    Entry Level Price
    Contact vendor
    Free Trial
    N/A
    Category Focus
    33% 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.

Related Categories

HR Software
Applicant Tracking Software
Learning Management System (LMS) Software
Training Software
Recruiting Software
Performance Management Software
Employee Engagement Software
Performance Appraisal Software
Pre-employment Testing Software
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