Easy Implementation of Human Capital and Talent Management Software

Easy Implementation of Human Capital and Talent Management Software

This article discusses the various kinds of talent management systems and other talent software services.


Talent management without a talent management system is virtually impossible. This is especially true for organizations that are quite big size. Managing today’s talent is about much more than recruiting and candidate experience alone. It entails everything from finding and attracting the right people to developing, motivating and, perhaps most importantly, retaining them. 



What Is a Talent Management System?


A talent management system is an integrated software solution that covers the full scope of talent management. This includes recruitment and employee onboarding, performance management, learning and development, compensation management and succession planning. 


In simple terms, talent management systems focus on helping companies and Human Resources departments achieve their long-term goals. They do so by putting the employees first. This means that rather than focusing on transaction processing and administration, a talent management system is about building an employee-centric solution.


Talent management systems usually consist of various modules. Each module represents a particular area of HR. There is usually a recruitment module, a performance management module, a module devoted to learning management systems, and so on.  



Automate and Optimize


The main reason to use a talent management system is to automate and optimize the entire package of talent management processes within your organization. Especially in case of mid-and large size organizations, it quickly becomes impossible to manually keep track of each candidate and employee and their respective status and situation. A talent management system enables HR to track and manage the recruitment, development, and performance of employees and candidates.



Better Hiring


The various modules of a talent management system work for each stage of the HR lifecycle. This means that the recruitment module of a Talent Management System will help you automate and optimize your selection process

This means your HR department has to spend less time on onerous tasks, like scheduling interviews, answering the questions of various candidates and confirming appointments. They also need not spend as much time posting job vacancies, tracking hopeful applicants and managing job offers.

It also leads to a better candidate experience. Less time spent on tedious tasks means recruiters and hiring managers have more time to focus on what really matters: the candidate and building a relationship with them. 


Better Employee Experience


Using a talent management system can greatly improve the employee experience. A talent management system can be a very useful tool for employees, because it can give them access to all the information regarding their history, performance and future career. Instead of having to search in various systems to find what they are looking for, employees can just go to one place for all their needs.

The Five Best Talent Management Softwares

Alyson Taylor enumerates the five best talent management softwares in the market in recent times. They are the following:

Hellotalent: The parent company of this software is Talentsoft, which is a European leader in cloud-based talent management and learning software. This TMS provides automated social media aggregation, email, CV parsing, job opportunity promotion, and collaboration with comments and mentions. Many basic features of this tool are available for free, like tags and ratings, access through the mobile app, and one document per candidate. 

ADP Workforce Now: ADP has been a workforce solution for seven decades. ADP Workforce Now has an easy-to-use system. Yet it covers an extensive amount of HR functions. A subscription can be customized. Users are allowed to add and remove functions to suit their needs. Their mobile app is also extremely user-friendly.

SAP SuccessFactors: SAP has a variety of tools that can integrate with their talent solutions. For example, they have connections for common document authoring, document management, and identity management systems. But if you need various services or packages, be prepared to shell out a small fortune. 

Recruitee: Used by international organizations like Starbucks and Toyota, Recruitee is designed to help attract talent and automate recruiting tasks. Features include advanced CSS and media options for your customized career site and the ability to post to over 10 free job boards worldwide. Their open API allows you to integrate Recruitee directly with your pre-existing software and platforms. Therefore, you can add-on tools for chat, project management, or CMS. This scored them highly in the Integrations section of the evaluation outline. 

Hiretual: Hiretual is used by Intel, Hilton, IBM, and Nike. Designed for talent sourcers and agencies, this platform features machine learning for candidate selection, a robust infrastructure with scalable server clusters, and contact information sourcing. Hiretual has a clean user interface. 


Conclusion

Talent management softwares are indispensable in the modern world. Use them to get ahead and stay ahead of the competition.


References:

https://peoplemanagingpeople.com/tools/talent-management-system/

https://www.digitalhrtech.com/talent-management-system/

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