Sovran Self Storage Maximizes Employee Performance with Cornerstone OnDemand’s Talent Management Software

Sovran to use Cornerstone’s comprehensive solution, including platforms for learning, performance management and social networking, to develop and manage its workforce

Santa Monica, Calif., April 27, 2010 Cornerstone OnDemand today announced that Sovran Self Storage Inc. (NYSE:SSS) will use Cornerstone’s integrated talent management software suite – including platforms for learning management, employee performance management and enterprise social networking – to maximize the effectiveness and productivity of its more than 1,000 employees. 

Sovran recognizes that its employees play a key role in the company’s success as it strives to attract and retain good people.  This includes providing associates with opportunities for growth and development, establishing consistency across job functions, and fostering a collaborative working environment.  Sovran’s decision to invest in Cornerstone’s comprehensive solution is driven by the software’s functionality – namely, it is the only fully integrated suite to combine enterprise social networking with solutions for learning and performance.  The solution is easily configurable to meet Sovran’s specific needs, and it is intuitive and easy-to-use for the company’s employees. 

“Cornerstone’s software will allow us to give our employees convenient online access to a diverse catalog of best-in-class courses and training resources,” said Kenneth Myszka, President and COO of Sovran Self Storage.  “The integration with performance management tools will make it easier for our managers to identify and address skill gaps with timely, on-target training.” 

Cornerstone offers a true Software-as-a-Service (SaaS) solution, making it a faster, more efficient and more cost-effective way for Sovran to deploy, manage and maintain its human capital management system.  Once the company has implemented its initial talent solution, Sovran will add Cornerstone’s platforms for succession planning and compensation to its suite.

“Maximizing talent investments and meeting business transformations are critical to a company’s performance and bottom line,” said Adam Miller, President and CEO of Cornerstone OnDemand.  “We look forward to collaborating with Sovran as they work to provide best-in-class learning and growth opportunities for their employees.  Migrating to a comprehensive talent system for learning, performance and enterprise social networking will allow Sovran to be more efficient and effective in closing skill gaps and building talent from within the organization.” 

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About Cornerstone OnDemand
Cornerstone OnDemand empowers people around the world with on-demand, integrated learning and talent management software and services for connecting, developing and performing in the workplace.  Cornerstone’s Software-as-a-Service (SaaS)-based solutions span the workforce lifecycle, including onboarding, learning, social networking, compliance, performance, compensation and succession planning.  The company also provides extended enterprise solutions to help companies better train and collaborate with customers, vendors and resellers.  Available in 16 languages and supported by global, 24x7 customer care, Cornerstone is used by more than 3.3 million active subscribers in 141 countries.  The company is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv. 

About Sovran Self Storage, Inc.
Sovran Self Storage, Inc., (NYSE:SSS) is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities.  The Company operates 381 self storage facilities in 24 states under the name “Uncle Bob’s Self Storage”®.  They are the fourth largest self storage operator in the country.   Through innovative marketing and product development, the Company has differentiated itself with value-added products and services such as Dri-guard, their state-of-the art dehumidification system; Uncle Bob’s Rental Trucks; and a national call center featuring a fully integrated sales and reservation system for the Company’s rental spaces.

Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc. 

Press Contact:
Michelle Haworth
Cornerstone OnDemand, Inc.
P: +1 (310) 752-0178