After securing candidates with the best potential in the job market, the job does not stop there. The journey for polishing and developing these diamonds on the rough has just started. That said, have robust competency management software at your disposal and ensure to implement personalized and data-driven strategies to develop your talent pool.

10+ Best Competency Management Software

1. TalentOz

talentoz

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Rating: 4.2/5

Price: $4.00/Month

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2. Instancy

instancy

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Rating: 5/5

Price: $2.00/Month

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3. SABA HR

saba hr

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Rating: 4/5

Price: Custom

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4. Talentguard

talentguard

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Rating: 5/5

Price: Custom

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5. Centranum

centranum

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Rating: 4/5

Price: Custom

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6. Skills DB Pro

skills db pro

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Rating: 5/5

Price: $1/month

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7. SoftExpert CPM

softexpert cpm

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Rating: 5/5

Price: $1000.00/Year

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8. TEDS

teds

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Rating: 5/5

Price: Custom

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9. Polaris Learning

polaris learning

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Rating: 3.6/5

Price: Custom

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10. Lexonis

lexonis

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Rating: 3.9/5

Price: Custom

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11. Comaea

comaea

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Rating: 4/5

Price: $10.00/Month

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What Is Competency Management Software?

Competency management software refers to helping organizations and companies assess employees’ skills and identify gaps. It centralizes the tools necessary for managing digital content and employee communications, making collaboration and the learning process seamless. Also, it has recruitment management functionalities allowing you to source candidates and streamlines the hiring process.

With this, end-users can design frameworks and customize pathways to improve capabilities and heighten the competency of employees. Additionally, it has data analytics capabilities for measuring employee performance and employee productivity.

Benefits

Printing resources and learning materials and traveling to meetings and employee training sessions consumes money and time for you and your team. With this modern solution, you can optimize costs and manage administrative tasks more efficiently by incorporating workflow automation when undertaking monotonous manual tasks. Also, using this digital tool makes for better results.

Features

Going digital with your processes does not automatically give you your desired results. First, you have to undergo the confusing process of selecting the software that fits you best in the software market. Take note that there are plenty of solutions that offer overlapping functionalities, but ensure to look for the one that aligns with your needs and focuses on the aspects you would like to improve on in your competency management tasks. The following are features you would want your software to have:

  • Employee training and onboarding tools
  • Candidate tracking capabilities
  • Employee portal
  • Assessment management functionalities
  • Employee performance monitoring features
  • Learning management system
  • Internal communications tools
  • Career development functionalities
  • Powerful reporting tools
  • Competency model

Top 10 Competency Management Software

1. SABA HR

With this talent management software, you can streamline processes for overseeing organizational charting and succession management. Its developer, Cornerstone OnDemand, has generated a revenue of 721 million dollars and has 3,000 employees.

2. SoftExpert CPM

SoftExpert CPM is a business performance management software that provides users with ad hoc reporting and strategic planning capabilities. They have 400 people on their team and have 97 million dollars in revenue.

3. Instancy

This digital solution has course authoring and social learning functionalities. They have a revenue of 25 million dollars and have 36 people working for them.

4. TalentGuard

With this career management software, you can use digital tools for skills assessment and employee management. They have 24 million dollars in revenue and have 125 employees on their team.

5. TEDS

TEDS is a performance management system with self and skills assessment features. They have 30 employees working for them and have 5 million dollars in generated revenue.

6. Polaris Learning

Functionalities for competency management and learning management are accessible on this platform. They have 5 million dollars in revenue and have 27 people working for them.

7. Centranum

With Centranum, you can simplify the complexities involved in goal management and progress tracking. They have over 25 employees and have a revenue of 5 million dollars.

8. TalentOZ

This human resources solution has 360 degree feedback and onboarding capabilities. They have 18 people on their team and have 4 million dollars in revenue.

9. Skills DB Pro

Skills DB Pro is a digital solution with performance management and goal tracking features. They have a revenue of 1.5 million dollars and have five employees.

10. Lexonis

Workforce planning and self-assessment tools are features you can use in this competency management software. They have generated a revenue of 918 thousand dollars and have employed eight people.

FAQs

Why is competency management essential for companies?

Competency management ensures that your workforce can skillfully deliver and achieve expectations and duties and produce impressive results in their roles, boosting employee morale and helping them coordinate better when working as a team to achieve goals. Also, the data collected throughout this process improves your decision-making, business planning, and response development process.

What is the competency mapping process?

Competency mapping refers to identifying the necessary skill sets to be effective in specific roles in the organization. Also, it involves gathering data and performing tests on employees to determine their strengths and weaknesses. It includes identifying the best approach for aligning employee skills and capabilities with strategic organizational goals.

What are tips for a successful learning management strategy?

Having a clear vision of the direction you want to take and setting specific objectives ensures that the steps you take remain targeted and focused. Also, introducing gamified employee training in your sessions and engaging learners by making the learning process competition and promising them rewards is another tip that you should consider.

Provide your employees with the resources and training to help them perform at their best and have a skilled and passionate workforce that contributes to overall business growth with the best competency management software. Get familiar with the top performers in this category and download yours as early as now.

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