18 Talent Management System Manufacturers in 2024
This section provides an overview for talent management systems as well as their applications and principles. Also, please take a look at the list of 18 talent management system manufacturers and their company rankings.
Table of Contents
What Is a Talent Management System?
Talent management systems are integrated platforms that manage the entire lifecycle of employees, from recruitment to retirement. These systems support organizations in identifying, nurturing, and retaining top talent, ensuring the effective deployment of individuals in appropriate positions at optimal times. Key components of talent management systems include performance management, skill development, and succession planning.
Uses of Talent Management Systems
Organizations use talent management systems to attract, develop, and retain exceptional talent crucial for achieving their goals and objectives. The primary objectives and uses of these systems are:
- Streamlining Recruitment and Hiring Processes: Reducing time-to-hire, enhancing quality of hires, and expanding the pool of qualified candidates.
- Enhancing Employee Skill Development: Investing in employee skills to improve engagement, job satisfaction, and productivity.
- Strengthening Performance Management: Allowing managers to track employees’ progress towards goals, identify areas for improvement, and provide timely feedback.
- Facilitating Effective Succession Planning: Identifying high-potential employees and preparing them for leadership roles.
- Aligning Rewards and Benefits: Ensuring that compensation aligns with organizational strategic goals and is fair and equitable.
- Improving Data Analysis and Reporting: Gaining insights into talent management practices for data-driven decision-making.
Principles of Talent Management Systems
Talent management systems focus on securing the right talent for appropriate roles to achieve organizational strategic objectives. They manage the entire employee lifecycle, including recruitment, training, performance management, and succession planning, helping organizations attract, retain, and enhance the productivity of top talent.
How to Choose a Talent Management System
Choosing the right talent management system involves understanding organizational needs, evaluating budgets, considering usability, assessing customization and integration capabilities, and ensuring security and compliance. Evaluating vendor reputation and support is also vital.
A suitable talent management system enhances talent management practices, attracts and retains top talent, and supports the achievement of strategic goals.
Other Information on Talent Management Systems
Functions of Talent Management Systems
- Performance Management: Includes setting performance goals, providing feedback, and conducting evaluations, supporting managers in enhancing employee performance.
- Skill Development: Focuses on training and development to address skill gaps and equip employees for success.
- Succession Planning: Involves identifying and developing future leaders, ensuring smooth transitions in leadership positions.
List of 18 Talent Management System Manufacturers
*Including some distributors, etc.
Sort by Features
- Default
- Company Size: largest first
- Year Founded: oldest first
- Year Founded: earliest first
Sort by Area
- United States of America
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Infor
Talent Management
Manufacturer Overview
Infor is headquartered in New York City, New York, USA, and is a developer and distributor of cloud software products that was originally established in 2002 before being acquired by Koch Industries in 2020. The company’s products facilitate interconnectivity, optimize business processes, and improve integration with industry specific tools. Their software offerings include various operating systems (OS), software suites, and AI-driven analytics programs. The company offers implementation assistance, product optimization, and consultation services. It mainly serves clients in the healthcare, hospitality, and public sectors.
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Paychex Inc
Talent Management Software
Manufacturer Overview
Paychex Inc. is a US-based manufacturer and provider of integrated human capital management solutions, established in 1971 and headquartered in Rochester, New York. The company offers a wide range of HCM products and services for payroll, benefits, human resources, and insurance services. It offers payroll processing solutions, payroll tax administration, time and attendance tracking, and HR outsourcing solutions for businesses of all sizes. The company has over 740,000 business clients in the United States and Europe, catering to the financial services, construction, healthcare, manufacturing industries, and more.
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PrismHR
Talent Management
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Deltek
Talent Management
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ADP, Inc.
Talent management and activation
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PeopleFluent
Talent Management
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Namely, Inc.
Talent Management Software
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Talentech
Talent Management system
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Ceridian HCM, Inc.
Talent Management Solutions
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Paycom Payroll LLC
Talent Management software
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Eightfold AI
Talent Management
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Paylocity
Talent Management System
Company Overview
Paylocity, an American company established in 1997 and headquartered in Schaumburg, Illinois, is a software development supplier specializing in cloud-based HR and payroll software solutions. The company's product portfolio includes payroll processing services, time and attendance tracking, as well as workflows and document management. These products find application in various sectors including financial institutions, technology and professional services, and transportation and logistics. The company offers services, including tailored HR and payroll solutions designed to meet the specific needs of various industries, including financial services, healthcare, and religious organizations.
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iSmartRecruit
Talent Management System
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Workday, Inc.
HR Talent Management and Software
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ClearCompany, Inc.
Talent Management Software
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Distributor Overview
SAP, founded in 1972 and headquartered in Newtown Square, Pennsylvania, is a software solutions supplier specializing in SAP, an enterprise resource planning (ERP) software. The company's product portfolio includes cloud ERPs, business technology platforms, artificial intelligence, supply chain management, and CRM and customer experience. These products are applicable in various industries, including automotive, banking, consumer products, retail, and the gas and energy industry. The company also provides customer services, including SAP Enterprise Support, Foundational Support, and customized solutions. The company has employees from over 157 countries, global partner companies, and development locations globally.
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Talent Management System Manufacturer Ranking
*Including some distributors, etc.Number of Employees
Newly Established Company
- Infor: 2002 (22 years ago)
- SAP: 1972 (52 years ago)
- Paychex Inc: 1971 (53 years ago)
Company with a History
- Paychex Inc: 1971 (53 years ago)
- SAP: 1972 (52 years ago)
- Infor: 2002 (22 years ago)
Talent Management System Manufacturers in United States
*Including some distributors, etc.
Global Distribution of Talent Management System Manufacturers by Country
*Including some distributors, etc.
| Country | Number of Companies | Share (%) |
|---|---|---|
United States of America
|
1 | 100.0% |
