Talent Intelligence Software Checklist: Key Features You Need
Think of your last job recruitment process—was it a positive experience? For the overwhelming majority of candidates, the answer is a resounding no. A recent study by PwC found that 92% of candidates had a bad talent acquisition process. It doesn’t just stop at bad—many have terrible experiences and go on to share horror stories about them. Terrible should be an adjective associated with a root canal, not job recruitment. Unfortunately, the talent woes don’t end with recruiting. Unhappy and unengaged employees are at high risk of turnover—costing you time, money, and of course talented resources.
So what’s a company to do? Cue talent intelligence software. Software that sets a foundation for streamlining and optimizing talent experiences from candidate search through employee tenure.
What is talent intelligence software?
Talent intelligence software is like a CRM for your talent. It helps you streamline processes and collect valuable insights about internal and external talent to help you:
- Identify and recruit the best candidates for open jobs bias-free
- Improve the efficiency and effectiveness of your recruitment process
- Develop and retain existing talent
- Improve brand sentiment through positive talent experiences
It also uses AI to help accurately assess talent and understand them on a deeper level. Whether you’re trying to hire an external candidate or foster an internal one, talent intelligence software provides the insights needed to make informed decisions and customized talent plans to help you succeed.
Talent intelligence software will be at the helm of any future-facing Human Resources organization, helping them optimize all aspects of their talent acquisition and management strategies.
How does talent intelligence software transform the recruitment process?
Talent intelligence software helps you successfully identify and recruit the best candidates for your jobs, all while remaining fully compliant and free of biases.
The best software will have the following features:
- Assessment capabilities: Pre-hire soft and hard skill assessments help ensure you’re looking at the best candidates for the role so there are no surprises post-hire
- Interviewing management: Structured interview guides help you to create an equitable, streamlined interview process
- Automated reference checking: Speed up time to offer while validating your candidate selection by automating the reference checking process
- AI & Automation: Any good talent intelligence software leverages AI to optimize talent acquisition so that it’s far more effective
This will lay the foundation for exceptional recruitment by leading with data. Better insights mean better decision-making so you never second guess your hiring choice.
How does talent intelligence software help you maintain top talent?
Employee retention is crucial to driving down costs and ensuring you have the top talent to succeed. The best way to retain employees? Make sure they’re happy. And that starts with having a healthy, supportive workplace culture.
(Psst—For a deep dive into strategies and best practices for employee retention check this and this out.)
From there, it’s all about putting processes in place to help employees thrive. Talent Intelligence Software accomplishes this by providing holistic insights about your employees to help keep them engaged and develop key skills needed to advance their careers. Below are the key features to look for when choosing talent acquisition software for talent management:
- Onboarding and development: Invest in your employees in the early days to set them up for long-term success through solid onboarding and development plans
- Employee engagement: Keep employees engaged through ongoing development and upskill plans
- Employee mobility & retention: Help employees reach promotional goals that inspire retention
The more valued your employees feel, the more likely they are to stay and put in their best work. Talent Intelligence Software helps you invest in employees by having a holistic view of their unique needs and goals so that you can help see them to fruition.
Your Talent Intelligence Software Checklist
Now that you have a solid understanding of what you can achieve with talent intelligence software, you might be ready to invest in one. Below is a handy checklist to use to make sure have all the best features for both acquisition and management:
Talent Acquisition Checklist
- Pre-Hire Soft Skills Assessments
- Hard Skills Assessments
- Candidate Reports
- Candidate Matching
- Structured Interview Guides
- Video Interviewing
- Reference Checking
- Hiring Automation
- ATS Integrations
Talent Management Checklist
- Onboarding
- Employee Retention Forecast
- Internal Talent Marketplace
- Development Pathways and Content
- ATS Integrations
- AI-powered conversations
Final Thoughts
Even if you don’t intend to hire the candidate, it’s essential that every person who moves through your interview process has a positive experience.
The reason being? In today’s hyper-competitive landscape, brand affinity is crucial to success, and candidates who have a bad recruitment experience often become detractors.
As for your current employees, investing in them is not only the right thing to do, it’s the smart thing. Retaining employees lowers costs and boosts productivity, helping you create a thriving culture. Learn more about how easy it is to start using talent intelligence software from Cangrade.