BambooHR is the number one HR software for small and medium sized businesses. BambooHR’s cloud-based system has beautifully designed, intuitive features including an applicant tracking system (ATS), onboarding with electronic signatures, automated time-off tracking, and innovative performance management. This gives HR managers more time for meaningful work. Executives get accurate, timely reports, and employees can self-service their time-off using a convenient mobile app. Clients include many industry leaders like Stance, Soundcloud, and FanDuel among thousands of others in over 80 countries worldwide. Visit bamboohr.com or give us a call to watch a free demo and start a free trial today.
Vibe HCM goes beyond simply processing back-office transactions and functioning as a ‘system of record.’ Great HR technology is about culture, connecting people, creating excitement, effective communications, efficiency, job satisfaction, and world-class HR service delivery through technology. Vibe HCM is a ‘system of engagement’ connecting all global employees throughout an organization on a web-familiar, highly personalized platform that supports multiple languages and currencies. The product delivers a superior employee experience, enabling our customers to achieve phenomenal usage/adoption rates (i.e. upwards of 90%), which in turn serves to positively impact their organizational goals.Further, this deep level of engagement offers our customers the opportunity to drive transformative change in the organization, not only in HR but also in an operational sense (transitioning to Shared Service model, re-shaping company culture, running wellness programs, sales referral programs, etc.).
Newton is the brainchild of recruiting professionals who launched the product after having run hundreds of high-performance recruiting programs across the US. Newton is easy-to-use, easy-to-implement, and affordable for any size of company regardless of how fast they were growing.Newton offers features such as fully branded careers pages, email templates, online applications, offer approvals and letters, recruiting analytics, employee referrals, and background checks. The solution enables recruiters to post job applications in English and Spanish. Users can also confirm, schedule or reschedule interview by checking the availability of the team and the candidate.Newton ensures compliance with AA, EEO and OFCCP guidelines and continually updates its features and reports as guidelines change with legislation. The reporting is built-in with nearly nothing to configure.Newton has native integrations with many third-party providers and has an open API toallow users to integrate the platform with their favorite third-party applications.Newton has everything you need to streamline and organize your entire recruiting process. Each customer receives their own personal customer success rep because we know how important adoption is.Training is free and many of our clients are using Newton within 2 weeks of their implementation.
CareerPlug’s ATS empowers users – from career recruiters to entrepreneurs – to consistently make better hiring decisions. CareerPlug clients easily attract, evaluate, select, and onboard the best talent in their industries through the use of job posting distribution, prescreening questions, candidate assessments, interview scheduling, email communication, custom evaluation guides, and paperless onboarding. By focusing on ease-of-use and mobile-friendliness, CareerPlug provides a great experience for both hiring managers and applicants.
Namely is the HR, Payroll, and Benefits platform your employees will love. Finally, there’s HR software that employees actually use—built to fit your company culture. Manage all of your HR data in one place, with personalized service to help your company get better, faster. Namely is used by some of the world’s most innovative and exciting companies in media, technology, commerce, and more.
Halogen Software offers an organically built cloud-based talent management suite — Halogen TalentSpace™ — that reinforces and drives higher employee performance across all talent programs — whether that is performance management, learning and development, succession and leadership, compensation or recruiting. The suite of applications are designed from the ground up to work together to drive performance, offering a consistent and user-friendly interface for every user. Halogen offers industry-specific solutions to address the unique requirements and challenges of companies in healthcare, professional services, manufacturing, the public sector and more.
Performance Culture, Inc. is a web-based performance management platform that helps managers and employees improve performance through continuous coaching, timely feedback and meaningful recognition. The platform is designed to align company goals with employee expectations, coach employees on both performance and key behaviors, and manage team members using the performance values matrix. Performance Management is a crucial component in developing a culture that fosters team chemistry and keeps employees engaged and inspired. Performance Culture uses the Performance-Values Matrix to help you unlock the full potential of your team. The software includes Performance Reviews, Check-Ins, Coaching Templates, Employee Engagement Surveys, 360 Degree Feedback, Learning Management System and exclusive Coaching Videos.Performance Management is a crucial component in developing a culture that fosters team chemistry and keeps employees engaged and inspired. Performance Culture uses the Performance-Values Matrix to help you unlock the full potential of your team. The software includes Performance Reviews, Check-Ins, Coaching Templates, Employee Engagement Surveys, 360 Degree Feedback, Learning Management System and exclusive Coaching Videos.
Ultimate Software’s cloud-based UltiPro helps simplify and improve work experiences for employees at every level. Organizations can easily manage global people data and processes with UltiPro and ensure their people feel engaged and productive from day one. With UltiPro, you can deliver personalized recruiting and onboarding experiences, guide employees through important benefits choices, simplify complex payroll computations, efficiently manage time and attendance needs, support continuous performance management and development, and build proactive succession plans for the future. Most importantly, UltiPro’s solutions are supported by powerful business intelligence and reporting to help you drive smarter, people-focused business results.
The BirdDogHR Talent Management System is designed to centralize HR processes to manage your workforce from start to finish. With integrated modules for each stage of the employee lifecycle, the easy-to-use and mobile-friendly software helps more than 1000 companies nationwide attract and hire top talent, onboard and train employees efficiently, improve workforce productivity, reduce organizational risk and meet compliance requirements.
Redefining the standard for cutting edge technology and innovation, JobDiva is the leading global Applicant Tracking System and front-to-back Talent Management solution, serving more than 20,000 global staffing professionals who support the Fortune 500. A powerful cloud solution, JobDiva combines a Customer Relationship Management (CRM) application, synchronization with all major job boards and VMS providers, BI analytics, automated 24/7 resume aggregation, a Mobile App and the largest resume database in the world to deliver staffing solutions with unmatched speed and precision.
Infor CloudSuite™ HCM is a powerful set of cloud-based human capital management solutions built to adapt to your organization’s evolving business strategy. This solution replaces complex processes, workflows, and systems with sophisticated, yet intuitive technology. And that gives your HR professionals the opportunity to deliver streamlined processes and remarkable experiences to the workforce, creating significant value across the organization.
Ascentis HRIS/HRMS is a wizard-driven, intuitive HR software solution for mid-market companies of all industries. When managing employee data, Ascentis HR automates complex business transactions, eliminates manual processes, and reduces systemic errors.
FinancialForce Human Capital Management (HCM) gives you the power to manage your entire workforce with one, comprehensive, cloud solution. The unique value of this solution is the power of the Salesforce platform which delivers native collaboration, global, social and mobile capabilities to your workforce and allows you to better communicate and engage. Now you can empower and retain your workforce while delivering valuable dashboards and reporting options to your business managers.
Epicor HCM software solution offers deep functionality designed by HR industry professionals that is built on a modern, agile service-oriented architecture platform. Epicor HCM offers flexible deployment options including cloud subscription, hosting, and on-premise options. Also included is a suite of integration tools to allow your data to exist where you choose with the vendor of your choice.
Cornerstone Growth Edition simplifies performance reviews and eLearning with a mobile-friendly, easily-configurable interface that can be up and running in just a few hours. With Cornerstone Growth Edition, performance reviews are simple and intuitive. Our solution not only automates employee performance reviews, it gives managers practical tips and guidance to develop their employees and make smarter business decisions.
PeopleFluent offers the most comprehensive Talent Acquisition software solution for global enterprise companies. PeopleFluent Recruiting helps your recruiting team to be faster and more productive every day. Our award winning solution combines applicant tracking, process automation, full mobile functionality, deep sourcing capabilities and a robust candidate experience. PeopleFluent extends its commitment to a collaborative hiring process to include the Mirror™ experience across our Recruiting and Onboarding solutions.
From single-user firms to multi-branch, multi-national operations, PCRecruiter offers the critical functionality to model the key records: Names, Jobs, Groups, and the events that connect them together for the core processes of marketing, assessing, recruiting, presenting, monitoring, and re-use of work product. With a Microsoft technology orientation (but use of best of breed open systems as well), PCRecruiter slots well into almost any technical environment and technology experience level.
PeopleGuru develops and supports Human Capital Management software for mid-market organizations. Our Gurus have brought together their industry expertise to develop a true single HCM application for complete employee lifecycle management.PeopleGuru HCM is supported by a team of Gurus who are passionate about helping our clients achieve their desired business outcomes. Our focus is to ensure our clients always have the tools they need to deliver on their strategic HR objectives, mitigate compliance risk, drive efficiencies in the business, and engage their people.
Since 2004, ClearCompany has empowered thousands of companies to attract, screen, and hire better talent, then use strategic insights to keep their recruiting competitive. Simplify repetitive tasks with their automated system, and use free, expertly developed competencies to hire the right people. From passive candidate sourcing with 160 million talent profiles, to automated posting, screening, grading and interview scheduling, to easily building talent pools, EEO/OFCCP compliance reporting and much more, ClearCompany gives you everything you need to find, hire, retain and engage A-players. While their Applicant Tracking System is incredibly powerful on its own, the complete ClearCompany Talent Management Platform also includes solutions for new hire onboarding, performance management and goal alignment; allowing you to seamlessly find, hire, onboard, review, engage and retain top performers. ClearCompany is also highly rated for customer support, providing all clients both dedicated Implementation and Relationship Manager as well as unlimited ongoing training, support and consulting services.
ClearCompany is the easiest way to bring all employee review processes into a single, automated solution. Their easy-to-use software allows you to quickly set up reviews, including custom scoring tables, weighted sections, and free-form responses. Sections of reviews can be shared among multiple forms to further simplify setup and scoring. Flat-rate pricing allows you to send as many reviews as you need, as frequently as you need to, without worrying about the price tag. While their Performance Management System is incredibly powerful on its own, the complete ClearCompany Talent Management Platform also includes solutions for applicant tracking, new hire onboarding, and goal alignment; allowing you to seamlessly find, hire, onboard, review, engage and retain top performers. ClearCompany is also highly rated for customer support, providing all clients both dedicated Implementation and Relationship Manager as well as unlimited ongoing training, support and consulting services.
We believe that hiring a new employee should be an efficient and rewarding experience that results in a timely return on your investment. We are dedicated to providing simple, yet powerful systems to ensure you hire the most qualified employees in a fraction of the time, at a fraction of the cost.
iSolved is an industry-leading human capital management technology that brings together the key workforce functions in one robust, easy-to-use platform. Payroll, HR, time and attendance, onboarding, ACA compliance, and benefits enrollment are all delivered from one solution, in the cloud, specifically built for the small-to-midsized employer.
Easy-to-use, affordable, and effective employee performance management for small and medium sized businesses looking to streamline appraisals and engage talent in ongoing feedback development. Award-winning features and guided set-up and training ensures performance management success now and in the future:online appraisals self-assessmentsreal-time goal tracking360° reviewsongoing feedback journalingtalent identification succession planningcompensation managementstatus tracking dashboardsguided setup and training for HR and end-usersHosted or on-premise deployment
Insight:Insight automates the entire hiring and selection process from requisition to hire and is tailored for the unique needs of public sector organizations. Reduce application review and screen time with Insight’s auto-scoring applicant tracking software. Produce weighted scores and rankings by combining online tests, screening protocols, performance exams, and situational tests. List open positions on your company website while maintaining its look and feel. Accept online job applications and ask job-specific supplemental questions. Track traffic and advertising sources and reduce the time and effort spent posting jobs and processing applications.Enhance applicant and staff experience by eliminating paper and reducing bottlenecks. Generate email notifications, maintain applicant history, track applicant skills, and more. Optimize your processes, visualize and analyze data, and fully grasp the impact of your HR initiatives. With Insight you have more than 90 standard reports, advanced ad-hoc reporting, and the dashboards you need to make your job easy. Analyze results, perform pass point analysis, check for adverse impact, view applicant flow, mean and standard deviation, item analysis, item discrimination, reliability, standard error of measurement, and more. Generate and manage your weighted eligible list, including configurable scoring rules and additional points processing to rank and refer applicants.Perform:Perform is the only full-featured employee performance management software in the marketplace that is packed with specific public sector functionality. Automate year-end and probationary employee appraisals and allow your HR team to replace manual systems. Analyze employee performance data to identify skill gaps and optimize employee development. Track progress on measured organizational alignment and progress against goals. Identify competency and skill gaps within your organization using one-on-one and/or 360 feedback, self-ratings, and competency models. Generate individual development plans and recommend trainings based on an employee’s competency scores. Visualize your workforce on the automatically generated organizational chart. Approvals, notifications, and to-do actions are displayed in the form of any activity stream. Align individual and team objectives with organizational strategy and manage employee performance and career goals. Powerful goal tools are included to ensure each employee is working on the “right things” to move the organization forward.· Configurable Performance Evaluations· Goal Library· Shareable Competency Content· Development Plans· Configurable Process Workflows· Ability to build Content sections for re-use· Configurable Rating Scales· Ability to build Library of Writing Assistants· 360 Reviews· Configurable Email Notifications· Automatic Evaluation Creation· Ability to perform actions in bulk for Employees EvaluationOnboard:Onboard enables new hires to become more productive from their first day on the job by streamlining new hire paper work, processes and training. New hires complete I9 and W4 forms online in minutes. Employees can sign forms using a mouse, allowing them to complete their new hire checklist online prior to day one. With Onboard, you can assign forms to specific employees, groups, and departments. Set up your required fields and approval routing, and you are done.Signatures look just like wet signatures because employees can use their hand and mouse to sign any online form. Additionally, new employees have their own access accounts with unique credentials for strengthened authentication and security. Configure your new hire portal with interactive social collaboration, questions and answers, documents, trainings, and videos. Communicate your organization’s mission and values, and relevant training information to new hires while they are going through the onboarding process.· Electronic Employee File· Federal I9 and W4 forms· Task Manager· Employee data upload· Build your own Onboarding forms**Onboard (ON) includes Federal I9 standard forms that are updated annually and Federal W4 forms updated every 2-4 years. NEOGOV:NEOGOV offers a background check application programming interface (API) integration that allows users to purchase, monitor status and collect data on their background checks. This is made possible by close technical integration with Partnered background check providers: NEOGOV provides an API which allows the customer to pre-populate Applicant or Candidate background check forms with first name, last name, and email address, automatically send an email notification to the Applicant or Candidate for further information needed for the background check (SSN, Date of Birth, consent signatures, etc.), NEOGOV through its’ Certified Eligible Partners will automatically start the background check process after the information is gathered. When results are provided by the Partner(s), NEOGOV will automatically display statuses for review and further hiring steps in Insight’s Online Hiring Center (OHC).Customer is responsible for maintaining strict access to the background check security roles in the OHC settings section called “Background Check”. Customer must contact Background Check Partner and NEOGOV immediately to revoke services if there is reason to believe that securities have been compromised.
The Elan Enterprise Learning Platform from Brainier is a completely new, mobile ready, cloud-based learning system that provides customers with an extremely high level of flexibility for the rapidly changing needs of today’s learners. At its core, Elan is a Learning Management System with all of the expected LMS features built-in and included out-of-the-box. Developed with customer input and feedback over a 3-year period, standard Elan functionality has evolved through major innovations including: multi-tenancy, virtually unlimited user group management capabilities, user-friendly company branding options, a highly intuitive social learning structure, a powerful video platform, as well as a suite of robust Content Authoring tools. Real-time reporting can be done at all times and at all levels of the organization using the powerful reporting and analytics tools within Elan. With web services via Elan's REST API and support for the latest xAPI and cmi5 standards, Elan is a scalable system with unprecedented flexibility for users and administrators.
Be the employer everyone wants to stay and grow withFoster a culture of high performance and career mobility through ongoing, consistent feedback, reviews, rewards and recognition. All within an intuitive, people-friendly system.
Our ATS is a cloud based tool that simplifies recruiting and helps you choose the top talent available.Calendar IntegrationsInterview SchedulingCandidate MatchingInterview ratingsVideo InterviewingPHR’s Onboarding solution makes sure your employees have the best first day. Our software gets your new hire on the right track by immersing them into the company culture and ensures efficiency and productivity day one.Automated workflowsTask assignment and managementForm managementE-verify integration
PERFORMANCE MANAGEMENT SOFTWARE: Employees have three core needs: engaging work, recognition for doing a great job, and knowing what is going on in the company. TalentGuard’s Performance Management Software is a cloud solution that enables companies to:Share corporate goals to align the organization and focus on results.Support real-time feedback and career development planning.Recognize and reward people based on key performance metrics.Recommend relevant learning resources to stimulate professional growth.With a robust performance review system, companies can move beyond the “one and done” evaluation process to an efficient and focused strategic talent management program.
How to Compare and Buy Talent Management Systems
By Jeremy Ames of Hive Tech HR
Disclaimer: The author did not create nor is he responsible for the content of the leaderboard, nor does he explicitly endorse the ranking order.
The war for finding and keeping talent is raging and most companies have realized that their greatest weapon might just be technology. Your competitor has already built their arsenal, and you’ve realized that yours is antiquated, insufficient, or, worse yet, non-existent. You’re missing out the best recruits, and some of your best soldiers that could have stopped the company’s bleeding are leaving. It’s time to turn the tide in your favor, but where to start?
Acknowledge the Overall Scope Issue of Talent Management
You begin your search, and you’re immediately stuck. What even is a Talent Management system? You’re not alone in your confusion, which stems directly from the name itself. “Managing” your talent should technically be happening from the moment you begin attracting her, throughout the days when you’re shepherding her through your employee experience, and even beyond when she leaves and becomes a part of your talent pool. In other words, the whole lifecycle.
Reality, however, has brought us a slightly different definition of Talent Management, removing functions like recruiting, payroll, benefits, pure employee data management, and more. What we’re left with are 4 commonly accepted pillars of what you’re trying to do by “managing” your talent:
Reconsidering what your needs are with those pillars in mind gets you closer to understanding scope…but not all of the way there.
Two Specific, and Important, Scope Issues
- Our first pillar, “attracting” talent most often refers to a Talent Acquisition system, which could be separated out entirely in a system search...or it could potentially be a part of the same search you’re about to embark on now. To illustrate that point, simply look at two key data points right here in SelectHub:
- Recruitment & Staffing (aka Talent Acquisition) is separated out from Talent Management as a separate discipline within HCM
Vendors like iCIMS and JobDiva, which focus on solutions for recruiting (Talent Acquisition) can be found in both the Talent Management and Recruitment & Staffing disciplines of SelectHub
- The next scope issue we confront is Learning Management, which could easily fall into the “Developing” pillar, and yet we run into same confusion of vendors like Cornerstone who actually ranks #1 in both the Learning Management and Talent Management disciplines.
These are not necessarily problems, but they do highlight a nuance of buying Talent Management software, which is that it’s even more important than ever to decide what functions you are looking to cover.
So, why do organizations need and use Talent Management software?
In order to decide where you’ll land with scope, you should start by considering the main functions that could be covered. Note the 4 PILLARS referenced within.
- ATTRACTING via talent acquisition functionality and creating that talent pipeline
- Keep the initial excitement of ATTRACTING them going with an integrated approach to onboarding
- Delivering functionality that tracks determine, deliver and track learning needs.
- Encouraging, measuring and managing employee performance
- Fostering and promoting employee development including easy to follow career planning and pathing
- Providing additional focus on leadership development
- Adequately facilitating succession planning
- Properly connecting your compensation management to performance
- Connecting talent management tools to capabilities in rewards and recognition.
- And in the event you can’t RETAIN them, talent management systems should provide smooth offboarding functionality as well as a path pack to the talent pipeline
Define Your Scope
You should now be prepared to make important decisions about your own scope. Start with functionality “groups” as defined in SelectHub. Which of the functions above would you define as the current gaps you’re looking to fill? List them out and group them.
Do yourself a favor in the meantime. Document those functions that fall just outside the Talent Management world. For example, what are you using for core HR transactions? The reason for doing this will be illustrated in a moment.
Vendor functionality – the added layer of complexity
If you thought this was easy so far, here’s where it gets complicated. Unfortunately, you’re not buying software in a bubble, and Talent Management is easily the most complicated area of HCM Software today.
Every vendor has arrived in present day with their own evolution…and now you’re subjected to buying from dozens of company evolutions. Here are a couple examples of vendors with prominent places on the SelectHub leaderboard:
- Cornerstone started in 1999 with a focus on online learning. Over the years it added functionality in order to encompass an entire talent suite. Now, highlighting the challenge in HCM buying even further, they’ve just gone on to add functionality in core HR management
- Workday, from its inception, was meant as an overall HCM suite with both payroll and finance capabilities. Talent Management comprised a portion of its functionality, but Workday continues to evolve with Recruiting having been added in 2014 and Learning added just this year (2016)
- Acquisition also impacts product evolution and your choices as a buyer, as evidenced by the Skillsoft acquisition of Sum Total Systems. Combined, they check more of the scope boxes with a particularly robust functionality in training
To make the point further, Dr. Michael Moon of ExcelHRate Research & Advisory Services points out that “not too long ago the HR buyer had to make a decision between purchasing a best-of breed talent management suite or hobbling together a set of point solutions, crossing their fingers and hoping for the best. With cloud technology, rapid innovation and the growing availability of open APIs, point solutions are becoming more attractive to the HR Community. The big suites like Cornerstone, Success Factors and Saba build their products to meet the needs of the many, which is great.
But sometimes an organization needs something unique to their own culture, business or demographic make-up that these vendors may not be able to address. Point solutions that allow for the delivery of micro-bonuses (Bonus.ly), facilitate continuous feedback between employees and visually depict their social networks (Pay Compliment), or that capture and analyze anonymous employee feedback (Hyphen App) – essentially supporting employee voice – are examples of the kinds of point solutions that are available in the Talent Management space.”
In short, systems range in “width” of functionality, and you’ll have important decisions to make later in this buying guide and you need sufficient background information.
HR 1.0 Vs. 2.0
In a meeting just yesterday with BetterWorks CEO Kris Duggan, he told me that he considers his company part of “HR 2.0.” I hadn’t heard that expression before, but immediately knew exactly what it meant.
Plenty of companies are still delivering solutions that solidly deliver HR 1.0 functionality. For example, the annual performance process is well covered by tons of vendors.
Then you have a wave of 2.0 vendors that are looking to address the what 3 years ago was the future workforce, and is quickly taking over and even redefining “offices.” Key concepts of 2.0 are mobility, employee-driven talent management, innovation and digitalization.
Lastly, and perhaps most importantly, it causing Talent Management capabilities to become more narrowly focused but with more opportunity for integration.
So, now you know the scope the areas of focus and you have a sense of the market. Time to get specific. That means getting to the requirement level in SelectHub. Here are some examples in the ATTRACT pillar.
- Both actively and proactively find the best talent by conveying a company culture candidates will want to join (a new element of People Marketing)
- Match on job fit and other success criteria in order to lower future turnover costs
- Create a simple, streamlined candidate experience that allows for the right amount of hand-holding
- Incorporate newer technology like video interviewing
- Encourage internal collaboration during the hiring process
- Comfortably transition the individual from “candidate” to “team member”
Now Match Your Products
OK, now things get really interesting. Combining what you want with what’s possible, you have one very key decision to make. How wide or narrow should your Talent Management suite be?
In other words, if you have heavy duty requirements in the area of learning management which can’t be met with a suite that covers a wider swath of capabilities, the time may have come to separate out that into its own product search.
That said, integrated suites aren’t standing by and watching more narrowly focused products. As an example, “conversations” are becoming a key component vendors focused on Performance Management, but then even full suites like Ceridian Dayforce have incorporated the concept into their offering.
Then there’s the HR 2.0 topic, part of which means it’s time to do some soul searching.
- How much are you looking to push the envelope and differentiate?
- Are you a follower, leading edge or bleeding edge type company?
More than anything, what have you learned to this point about the market and your requirements that highlights areas where you’d be willing to truly innovate?
Now that you’ve done all of this, decide which products fit. Use some collaborative tools like Trello to draw things out, if it helps. The bottom line is that if you spend too much time in this part of the process, you’ll get overwhelmed with analysis paralysis. But if you don’t know enough about what’s available in the marketplace, you could still be missing out on key weapons for your arsenal.
Evaluate…with some additional focus
Now comes the fun part of seeing what these systems are doing. It’s such an exciting time in Talent Management software that if you haven’t gone through the process in a while you’ll be blown away with some of the capabilities. For example, talent acquisition vendors like SmartRecruiters and iCIMS are adding a ton of focus to employer brand and collaboration.
What’s unique about how you should be spending time with these vendors versus other areas of HCM is that you really want them to talk to you about how they’d see their product “fitting in” with your overall HCM ecosystem. Talk about your current state and vision for future state. If they don’t do onboarding, or maybe don’t do it well, for example, how would your keeping your current Silkroad Red Carpet tool work with their suite?
Conversely, if you talking with a more progressive vendor that harps on “integrations,” have them talk to you specifically about how they’d help you get those integrations up and running during implementation.
Once you’ve gone through and rated your products using SelectHub’s scorecards, in the case of Talent Management, it’s not quite as simple as moving onto the contracting phase with the highest scoring vendor(s).
You need to think about how the best vendors fit into your Talent Management roadmap, and even beyond that how that particular roadmap fits with the overall HCM roadmap.
For example, if your selection ends up pointing at SAP/SuccessFactors (just to mix up our product references), does that now mean that you could be revisiting the core HR system you already have in place and possibly replacing it? Or, if you do end up heading the path of multiple HR 2.0 solutions, what does the integration strategy look like, and would you possibly need to layer on a Workforce Analytics solution on top of these systems in order to gain key actionable insights?
Once you’ve done all your due diligence, just as in all other selection projects it’s time to make your choice.
It’s true, Talent Management software does suffer from the most inconsistency in what is considered “in scope” by purchasers, sellers, and essentially everyone involved. However, while that makes your job as buyer tougher, it’s not insurmountable. Given the stakes involved with choosing the right Talent Management software, hopefully this guide has served as a good starting point for those of you tasked with making this important decision.
About The Author
Jeremy Ames is CEO of Hive Tech HR, which helps its clients with their Human Capital Management (HCM) strategies. This includes helping them find and/or implement their HCM software. He has worked as a director, consultant, systems implementer, and international businessman for several companies, including being the former CFO on the Board of Directors of IHRIM and member of the SHRM HR Technology and Management Expertise Panel. Outside of work, Jeremy is a shortstop, fictional writer, and father, among other roles and interests. He enjoys satisfying client needs, closing deals, writing, long walks on a Cape Cod beach at sunset with the waves lapping at the shore, and humor.