Cornerstone and ADP
Expand Strategic Alliance
SANTA MONICA, Calif.— December 1, 2015 — Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, andADP®, a leading global provider of Human Capital Management (HCM) solutions, are expanding their strategic alliance, the companies announced today.
The relationship originally formed in 2009, under which ADP collaborated with Cornerstone to offer Cornerstone’s comprehensive talent management suite primarily to North American organizations, complementing and enhancing ADP’s existing HR and payroll solutions. The new agreement expands the relationship globally and across a wider breadth of segments, including small businesses.
As part of the agreement, Cornerstone’s learning and performance management solution for small businesses, Cornerstone Growth Edition, is expected to be made available to ADP customers via the ADP Marketplace in early 2016. Small businesses make up a significant number of ADP’s over 630,000 client base, which spans more than 100 countries.
The two companies also have worked together to develop applications that enable seamless integration between their respective offerings, utilizing application programming interfaces (APIs). ADP has enabled streamlined integration and data sharing between Cornerstone’s talent management suite and ADP’s human capital management solutions, as well as a single sign-on solution for direct access from the ADP Gateway to the Cornerstone suite. In addition, enhanced data-sharing capabilities across Cornerstone’s talent acquisition application, Cornerstone Recruiting, and ADP Workforce Now, ADP’s robust human capital management solution for midsized businesses, are now via the ADP Marketplace.
Comments on the News
“We are happy to reaffirm what has been a strong relationship with ADP,” said Adam Miller, founder and CEO of Cornerstone OnDemand. “This further extends our reach among mid-sized organizations around the world with our talent solutions, as well as creates an opportunity for us to accelerate the growth of our client base for Cornerstone Growth Edition. The success of our collaboration with ADP over these past six years and the healthy state of our current shared client base signifies the potential of this relationship expansion across regions and segments and what it can bring for both organizations.”
“Many organizations we speak with are trying to simplify their acquisition of human capital management technologies, and talent management is increasingly becoming a driving force in these conversations. This trend is particularly prevalent internationally.” said Don Weinstein, Senior Vice President, Product Management for ADP. “Our relationship with Cornerstone OnDemand has helped us to improve the HR experience and workforce programs for our clients, and we look forward to continuing to collaborate with them across new segments.”