Engage, Develop and Retain Your Best People

A talent management system (TMS) is a cloud-based software platform that helps HR professionals manage the full employee lifecycle, from recruitment to succession planning. It combines modules such as an applicant tracking system, learning management system (LMS) and performance management tools to streamline HR processes and improve decision-making. By centralizing employee data, dashboards and workflows, a TMS supports HR teams and recruiters in finding the right talent, improving employee performance and aligning workforce planning with business needs.

isolved Talent Management delivers these capabilities by combining automation, real-time reporting and integrated modules that support development opportunities, career paths and succession planning. HR leaders can measure competencies, track metrics and build development plans that align with business initiatives. This helps organizations improve the employee experience while building a high-performing workforce connected to their overall human capital management strategy.

Talent management models vary by how organizations approach the recruitment process, development and retention of employees. Some models focus heavily on recruitment and hiring processes, using talent management software to streamline job postings, screen candidates and identify the best talent. Others emphasize career development, upskilling and succession planning, supporting long-term workforce growth through structured development programs and training initiatives.

Industry-specific approaches also exist, such as models designed for healthcare where compliance and specialized skills drive strategy. Many organizations use SaaS-based providers to build flexible talent management processes that align with business needs. The chosen model often reflects an organization’s talent management strategy—whether the focus is on attracting top candidates, developing existing employees or creating a balanced approach that integrates recruitment, development and retention.

Best practices in talent management include aligning talent management processes with organizational goals, using technology to streamline HR workflows and adopting data-driven approaches to decision-making. HR professionals often rely on talent management software to centralize employee data, support recruitment processes and track performance. Effective practices also include building clear career development paths, offering development opportunities and supporting upskilling to prepare employees for future roles.

Successful talent management strategies also prioritize hiring the right talent through consistent job postings, structured interviews and strong onboarding practices. Ongoing employee engagement, recognition programs and succession planning further strengthen retention and create a pipeline of high-performing employees. Whether in healthcare or other industries, organizations benefit from providers that deliver flexible SaaS-based solutions to support human resources initiatives and long-term workforce planning.

The key components of talent management include recruitment, development, performance and retention. Recruitment focuses on sourcing the right talent through job postings, applicant tracking and structured hiring processes. Development centers on learning opportunities, career development paths and upskilling to prepare employees for future roles. Performance management ensures accountability through clear goals, regular reviews and tracking employee progress. Retention strategies often involve recognition, competitive compensation and succession planning to keep high-performing employees engaged.

Talent management software brings these components together by giving HR teams tools to streamline talent management processes. Providers often deliver SaaS-based platforms that integrate applicant tracking, learning management and performance dashboards into one system. This helps human resources leaders manage the full employee lifecycle, improve workforce planning and align talent management strategy with business needs.