ADP and Cornerstone OnDemand Sign Agreement to
Extend Talent Management Software Reseller Relationship
ROSELAND, N.J. and SANTA MONICA, Calif. – May 14, 2012 – ADP®, a leading provider of talent management, payroll services, benefits administration and integrated computing solutions for vehicle dealers, and Cornerstone OnDemand (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced that the companies have extended their reseller relationship through 2017. Under the agreement, ADP will continue to offer employers best-in-class performance, succession management, learning, compensation and enterprise social networking, along with powerful reporting and analytics for talent management, powered by Cornerstone OnDemand.
“The partnership has been successful at providing clients with a strong option for their talent management needs, and we anticipate future joint opportunities as part of ADP’s broader HCM suite,” said Terrence McCrossan, Vice President, Strategy and Business Development, ADP National Account Services.
Cornerstone’s comprehensive, organically developed software solution helps organizations manage the entire employee lifecycle, from hiring through retirement.
ADP provides unprecedented integration across the talent management spectrum by unifying talent acquisition, compensation, performance, succession, and learning processes.
Automatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at http://www.ADP.com.
About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution. We enable organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our integrated software-as-a-service (SaaS) solution consists of the Cornerstone Recruiting Cloud, the Cornerstone Performance Cloud, the Cornerstone Learning Cloud and the Cornerstone Extended Enterprise Cloud. Our clients use our solution to source and recruit top talent, develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors. We currently empower over 7.5 million users across 179 countries and in 31 languages. www.csod.com
Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.
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