10 top talent management software systems in 2026
Learn about some of the best talent management products, the advantages and disadvantages of each system, and important considerations for implementing the software.
The right talent management software can streamline tasks and save time. But as the talent management software market grows and AI continues its dominance, buying teams need to get savvier about which products should make their shortlist. They also need to understand some of the pros and cons of the leading vendors and systems before buying a new one or replacing their legacy software.
Before getting into specifics on the product choices, it's important to have a clear idea of what talent management is and how it gets automated in software.
What is talent management?
Talent management spans an employee's entire lifecycle at a company and includes all the processes, guidelines, policies, tools and systems needed to attract, retain, develop, engage, reward and manage employees. It's typically carried out by the HR department with support from managers and company leaders.
Talent management is intended to meet the human capital needs of the enterprise by hiring people with the right skill sets, training them, evaluating their performance and compensating them appropriately.
This article is part of
Ultimate guide to recruitment and talent acquisition
What is talent management software?
The need to attract, reward and engage employees is critical -- but it isn't easy. Talent management software can help automate and simplify those processes.
Talent management software refers to the systems and applications that digitize the major stages and business processes of the employee lifecycle.
Many companies use several HR systems for talent management. For example, they might use a core HR system to track basic employee data, another system for performance management and a third for learning management. However, there are software suites that provide most, if not all, of the talent management functions in one system with a consistent look and feel. Talent management software often includes self-service options for employees and managers that enable them to look up information and make changes based on their permissions without requiring HR's assistance.
Key talent management software features
Talent management software features are usually categorized by modules, each of which handles a specific function. For example, a compensation module helps manage pay-related functions like raises and bonuses.
Another key software feature, AI, continues to grow in importance across the entire talent management system. Vendors are introducing new AI features that can simplify and automate some of the most important tasks. The initial push for AI was for use in recruiting, but it's gaining momentum in many other areas of talent management as well, such as performance management, learning and data analytics.
The current emphasis on skills-based hiring and employee evaluation could lead to vendors also incorporating skills tracking, development and reporting across their platform.
Here's an overview of each talent management system module. Standard functions are often similar across vendors.
Core HR, the administrative foundation of talent management, stores information about every employee in one database and provides comprehensive reports and dashboards on the data. It also typically offers the employee and manager self-service options. Some vendors include benefit administration in core HR.
Employee engagement provides employee surveys and tools for comparing employee satisfaction to that of peer organizations. It can include mechanisms for employees to recognize each other's achievements and receive awards. Some systems also incorporate employee communications into this module.
Recruiting includes a portal for candidates to apply for open positions and integrates with popular job boards and the core HR module. It also helps identify candidates already in the database who match new job postings.
Onboarding enables new hires to complete employment forms and digitally sign documents. It also gives new hires access to onboarding before and after their start date, and it enables HR staff to share additional information about the company with new hires, such as org charts and welcome videos.
Performance management provides employees and managers with a variety of ways to discuss performance and career plans, including one-on-ones and formal reviews. It also enables users to apply performance data to other functions, such as compensation management and succession planning.
Compensation helps managers determine salary increases, bonuses, stock options and grants. It incorporates performance data and external data, such as salary rates, for managers to refer to when deciding on salary increases.
Reporting and analytics combines data from different modules into one report if the system is all-in-one. It also provides the ability to create custom dashboards or use default dashboards, as well as configure reports and dashboards to automatically send to certain users. Companies using multiple systems can acquire a third-party data analytics package that amalgamates data into one system for more comprehensive analysis.
Learning and development enables users to establish a course curriculum, add content such as articles and videos, and incorporate content from third-party vendors. Tests and quizzes for students might also be available.
Succession planning helps identify employees who possess the skills and competencies for other positions, in part by incorporating performance-related data, and provides employees with career-planning tools.
Document management facilitates the sharing of corporate documents with employees and controls permissions for certain documents. This module usually includes capabilities for storing employee and e-signing documents.
Payroll is sometimes included in all-in-one systems, since HR and payroll work closely together. Also, payroll processes rely on HR data from recruiting, compensation planning and benefits administration.
Advice for buying teams
The most critical aspects of a vendor evaluation are deciding whether the product meets the organization's requirements and identifying the features that make the product stand out from its competitors. Buying teams should also consider implementation and licensing costs.
When evaluating an all-in-one talent management system, the buying team should consider whether the platform enables users to work with data across different modules. For example, skills data might be valuable in various situations, such as rating employees in performance management, seeking internal candidates to fill open positions and auto-assigning development training to employees.
When evaluating vendors that are more specialized, the buying team should consider products' integration capabilities, since users will likely find it valuable to see related data in multiple systems. For example, it might be helpful to see performance management data in the compensation planning tool and then transfer employee compensation changes to the company's core HR module.
10 of the top talent management software systems
A plethora of talent management software products are available and can benefit companies in various ways. These 10, shown alphabetically, are among the top software products based on sources such as G2, Capterra, Gartner, Forbes, Software Advice and vendor websites, as well as the author's personal experience. The list includes both all-in-one talent management suites and standalone applications that focus on one aspect of talent management, such as compensation planning.
360Learning
360Learning is a collaborative learning platform that employees can use to share their expertise with others. Features include a learning management system (LMS), a learning experience platform (LXP), tools focused on skill assessments and development, and the ability to create unique communities called Academies. The platform also includes AI tools that can help in situations such as course creation and content searching.
Pros
- The platform combines an LMS and LXP in one system.
- The software integrates with many other tools to provide learning opportunities in the systems that employees already use on a daily basis, such as sales software.
- 360Learning enables any user to create content and share knowledge.
- It includes controls for employee sharing.
- It also includes AI capabilities for use cases like course creation and course translation.
Cons
- Advanced reporting and dashboards could be improved.
- The number of features and configuration options can make it difficult for new users to learn the system.
- Branding and page layout customization opportunities are limited.
- The price might be higher than what smaller organizations can afford.
ADP
ADP focuses on payroll but also offers a full suite of modules that covers the employee lifecycle. The company offers different applications for organizations of different sizes and geographies. For example, RUN Powered by ADP might be a good fit for a small company, while bigger companies would likely use ADP Workforce Now. The pros and cons section below focuses on ADP Workforce Now.
Pros
- ADP is an experienced company with thousands of customers.
- The system supports the entire employee lifecycle.
- The system offers API and Secure FTP integrations.
- Some particular areas of success for ADP include payroll, benefits and related customer support.
- Companies can outsource payroll to ADP.
Cons
- The system is primarily designed for companies working in one country, with the exception of the North American version, which supports American and Canadian employees.
- Getting a staging or sandbox environment can be difficult and involves an additional cost.
- User interface customization is limited.
- The user experience is dated.
BambooHR
Developed for SMBs, BambooHR offers many features to support the employee lifecycle and a UI that's intuitive for employees and the HR team. The system is easy to integrate with niche products that have prebuilt BambooHR interfaces.
Pros
- The platform is affordable for many companies.
- The system centralizes, tracks and analyzes data.
- Integration and maintenance are easy to carry out.
- Tech support responds quickly.
- The UI is easy for employees to use and understand.
- The vendor doesn't require a long-term contract, and customers can cancel at any time before the next payment.
Cons
- More configurability for default reports would be helpful.
- Configuration options are not always granular enough when setting up security roles or modifying the system’s appearance.
- The platform can get more expensive with add-ons.
- Companies could outgrow the platform if their needs change.
Dayforce HCM
Dayforce was designed for global companies that want payroll included in their HR systems. The system also includes the most common HR modules, including recruitment and core HR. In 2024, the company changed its name from Ceridian to Dayforce, the name of its HCM product.
Pros
- The platform enables users to manage a global workforce, with features to support different currencies and country policies.
- Dayforce Wallet enables employees to receive their paycheck at a time of their choosing, as long as it meets company guidelines.
- The process for resetting the test environment is simple and efficient.
- Users can manage all HR tasks in one system, with modules including core HR, learning, time and attendance, and career planning.
- AI is embedded in the platform and can help simplify processes, answer employee questions and summarize data.
Cons
- The system uses position management, which can add a layer of administration for companies that don't require this feature.
- Dayforce HCM can take a long time to implement feature requests.
- The UI is acceptable but not very modern.
- Managing the system is fairly complex.
- Customer support is often slow and inconsistent in their responses.
HiBob
HiBob, or Bob, is an all-in-one HR platform aimed at SMBs. The system offers the HR functionality usually present in a comprehensive HR system, including payroll and financial planning.
Pros
- The system is known for its ease of use.
- The system includes integrated AI that can help with analyzing data, simplifying processes and ensuring users can find what they're looking for.
- HiBob is a well-rounded system for SMBs.
- The system offers support for a global workforce, with localization and multiple currency options.
Cons
- Some features are country-specific, although the company is working with partners to provide functionality for other countries. For example, the system only provides payroll for the U.S. and the U.K.
- The system does not offer extensive customizations.
- The mobile app doesn’t offer the same range of functionality as the web version.
- Pricing is not available online.
HRSoft
HRSoft's application enables users to automate performance management, compensation, pay equity and total reward statements. The overall focus of the software is compensation -- including making it easier to allocate pay increases and examine pay equity -- along with employee total rewards. Newer AI features include employee salary change recommendations and data cleaning.
Pros
- Users can refer to performance feedback when carrying out compensation planning.
- The platform supports multiple currencies.
- HRSoft also supports complex compensation plans, such as plans by country; one-time increases; and stock, options and bonuses.
- Employees can view their compensation data in total rewards statements.
Cons
- HRSoft is slightly more expensive than some of its competitors.
- The system can be complex to set up and administer.
- Interfaces between HRSoft and HR information system vendors aren't always seamless.
- Carrying out complex analysis using reporting and dashboards is difficult.
Kudos
Kudos is employee reward and recognition software. It also includes employee surveys and features for sharing photos and information. Companies can integrate the system with many common applications.
Pros
- The software includes multi-lingual support, and users from a wide range of countries can redeem points.
- Users can give awards to employees based on internal goals that match the corporate culture.
- The system supports nomination-based recognition, such as employee-of-the-month programs.
- The UI is easy to learn.
Cons
- Users might find it difficult to determine who is the subject of feedback for employee recognition.
- Reporting and analytics are at a high level, and performing more complex analysis can be difficult.
- Administering the system might be difficult for smaller companies.
- The mobile app does not include as many features as the web version.
Lattice
Lattice's software includes performance management, compensation, development and employee engagement. The system has new AI features, such as the ability to summarize data from one-on-one meetings.
Pros
- The engagement functionality includes many useful tools, such as the ability to survey new hires, calculate employee Net Promoter Scores and send out pulse surveys.
- Users can view performance management data when carrying out compensation planning.
- The software integrates with popular messaging tools, which can make public recognition easier to carry out.
- The Grow module helps HR, managers and employees set development goals and manage ongoing employee and manager feedback.
Cons
- The numerous performance review options available to employees and managers can make the process more complicated.
- The UI is not always intuitive, especially for new users.
- Custom reports can be difficult to create.
- Naming conventions might not meet a company's needs and sometimes can't be edited.
SAP SuccessFactors HXM
SAP SuccessFactors HXM is a suite that offers all the functionality needed for talent management under the umbrella of human experience management (HXM). The software is targeted at large organizations. It's configurable and has a consistent look and feel across the platform.
Pros
- The performance management and compensation modules are well integrated.
- The system is all-in-one and includes advanced reporting and dashboards.
- The platform supports many currencies and languages.
- SAP supports more customization options than many other vendors.
Cons
- The software was built by acquiring several applications and includes multiple databases.
- Administering the suite can be cumbersome because acquired modules require their own configuration. For example, users will need to set up security roles in different places depending on the applicable modules.
- The platform is complicated to maintain from an administrative perspective.
- The platform is more expensive than some other options.
Workday HCM
Like SAP, Workday is one of the biggest vendors in the HR software market. Workday offers a comprehensive and configurable SaaS talent management system for U.S. and international users.
Pros
- Complementary modules are available for finance, planning and analytics.
- The UI is intuitive for employees.
- The system's integrated platform enables HR system administrators to manage the entire system from one place.
- Workday supports multinational and large organizations with complex needs.
Cons
- Implementing a large system like Workday takes more time than implementing midmarket software.
- The process of customizing and implementing new features can be expensive.
- The system can be rigid, requiring the system administrator to approve and configure many changes, such as adding a question to a list of candidate interview questions.
- Some users find it difficult to navigate within the system.
Although no system will fully remove the complexity of talent management, taking the right approach to choosing software can help HR create a positive candidate and employee experience.
Eric St-Jean is an independent consultant with a particular focus on HR technology, project management and Microsoft Excel training and automation. He writes about numerous business and technology areas.