[November 17, 2015] |
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Kronos and Cornerstone OnDemand Announce Strategic Alliance in the Cloud
Kronos
Incorporated, the global leader in delivering workforce management
solutions in the cloud, and Cornerstone
OnDemand (NASDAQ: CSOD), a leader in cloud-based talent management
software solutions, today announced that the companies have formed a
strategic global alliance.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20151117005191/en/
News Facts
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As part of a strategic global alliance, Kronos (News - Alert) and Cornerstone will
collaborate on new business opportunities involving Cornerstone's
unified talent management platform and Kronos' global workforce
management solutions as well as develop integrations to create a
seamless experience for customers while enabling the sharing of data
and valuable insights between systems.
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Initial software integration will be focused on Cornerstone's
enterprise solution and Kronos Workforce Ready, which delivers
workforce management solutions in the cloud to small and midsize
businesses (SMBs). The alliance will expand to meet the human capital
management (HCM) and workforce management needs of all Kronos
customers, up to enterprise-size multinational organizations with
Workforce Central integration.
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Kronos Workforce Ready helps organizations make more informed
workforce decisions and gain a competitive advantage by fully
automating necessary - and often labor-intensive - business processes
with consistent, real-time employee data with single-source access in
the cloud for time and attendance, HR, payroll, scheduling, tax
solution, and compliance management.
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Cornerstone's unified talent management platform helps organizations
of all sizes and across a wide variety of industries to realize the
potential of their workforce and make smarter business decisions. By
bringing all phases of the employee lifecycle under one solution,
Cornerstone enables organizations to source and recruit top talent,
develop and engage employees throughout their careers, improve
business execution, cultivate future leaders, and enable external
networks of customers, vendors, and distributors. The platform
includes applications for recruiting, onboarding, learning and
development, collaboration, performance management, compensation
management, succession planning, and reporting and analytics.
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In addition to delivering innovative solutions for workforce
management, HR, talent management, and HCM, both Kronos and
Cornerstone are widely recognized as an employer of choice, including
Kronos being named this week as a Top
Place to Work by The Boston Globe. This commitment to
providing a positive work environment helps both companies attract and
retain great employees who develop great products that help customers
maximize the power of their workforces.
Supporting Quotes
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Aron Ain, chief executive officer, Kronos
"We are excited
to work with Cornerstone to provide deep talent management
capabilities for our customers around the world, from small and
midsize businesses to the largest multinational organizations. We have
many joint clients successfully using our cloud solutions as a
competitive advantage, and this collaboration wll allow us to reach
even more organizations to help them harness the power of their
workforces via the Kronos Cloud."
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Adam Miller, founder and chief executive officer, Cornerstone
OnDemand
"Our global collaboration with Kronos aligns the
leading specialist in talent management software with the leading
specialist in workforce management solutions. Today, our companies
share clients that include some of the world's largest organizations
in retail, healthcare, and manufacturing. By aligning and integrating
our cloud solutions, both companies can offer best-of-breed
functionality in talent and workforce management while creating a
seamless user experience."
Supporting Resources
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Learn more about Cornerstone's unified
talent management platform.
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This announcement was made from KronosWorks,
the world's largest workforce information exchange. KronosWorks is
taking place this week in Las Vegas.
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See live updates and join the conversation by using #KronosWorks on Twitter.
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Kronos encourages KronosWorks attendees to #celebratework in the
social lounge by taking pictures in their dream job attire. For every
100 pictures, Kronos will donate $5,000 to Dress
for Success®, an international not-for-profit organization that
promotes the economic independence of disadvantaged women.
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Connect with Kronos via Facebook,
Twitter,
Google+,
LinkedIn,
and YouTube.
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Subscribe
to Kronos' workforce management blogs.
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Take a look at the lighter side of workforce management in Kronos' Time
Well Spent cartoons.
About Kronos Incorporated Kronos is the global leader in
delivering workforce management solutions in the cloud. Tens of
thousands of organizations in more than 100 countries - including more
than half of the Fortune 1000® - use Kronos to control labor
costs, minimize compliance risk, and improve workforce productivity.
Learn more about Kronos industry-specific time and attendance,
scheduling, absence management, HR and payroll, hiring, and labor
analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
About Cornerstone OnDemand Cornerstone OnDemand (NASDAQ:
CSOD) is a global leader in cloud-based learning and talent management
software. The company's solutions help organizations realize the
potential of a modern workforce. From recruitment, onboarding, training
and collaboration to performance management, compensation, succession
planning and analytics, Cornerstone is designed to enable a lifetime of
learning and development that is fundamental to the growth of employees
and organizations.
Based in Santa Monica, California, the company's solutions are used by
more than 2,400 clients worldwide, spanning 22.2 million users across
191 countries and 42 languages. To learn more about Cornerstone, visit
us on Twitter, Facebook
and our blog.
www.csod.com.
© 2015 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
Cornerstone® and Cornerstone OnDemand® are registered trademarks of
Cornerstone OnDemand, Inc.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151117005191/en/
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