Profile: Cornerstone OnDemand Inc (CSOD.OQ)
14 Jun 2019
Cornerstone OnDemand, Inc. (Cornerstone), incorporated on May 24, 1999, is a cloud computing company. The Company provides learning and human capital management software, delivered as Software-as-a-Service (SaaS). Its human capital management platform combines the talent management solutions with analytics and human resources (HR) administration solutions to enable organizations to manage the employee lifecycle. Its enterprise human capital management platform consists of four product suites: its Recruiting suite, which helps organizations to source and attract candidates, assess and select applicants, onboard new hires and manage the entire recruiting process; its Learning suite, which enables clients to manage training and development programs, knowledge sharing and collaboration among employees, track compliance requirements and support career development for employees; its Performance suite, which provides tools to manage goal setting, performance reviews, competency assessments, development plans, continuous feedback, compensation management and succession planning, and HR Administration suite, which supports employee records administration, organizational management, employee and manager self-service, workforce planning and compliance reporting.
The Company offers Cornerstone Growth Edition, which is a cloud-based talent management solution with learning and performance suites. In addition, its Cornerstone Edge solutions allow its clients and partners to integrate with a marketplace of service providers. Cornerstone Recruiting supports the modern ways that organizations source, recruit and hire new employees. The recruiting product is part of its talent management system. Cornerstone Onboarding delivers the resources, connections and tools at critical points across the employee lifecycle. Cornerstone Learning links employee development to other parts of the talent management lifecycle, including performance management and succession planning. The learning product offering supports all forms of training, including instructor-led training, e-learning and virtual classroom sessions.
Cornerstone Performance allows clients to direct and measure performance at the individual, departmental and organizational levels through ongoing competency management, organizational goal setting, performance appraisal and development planning. Cornerstone Succession allows clients to plan for organizational change. Cornerstone Compensation allows clients to reward their employees for hard work in direct relation to performance. The compensation product offering enables clients to make informed decisions about the allocation of base pay, bonus and equity awards. Cornerstone Extended Enterprise helps clients extend talent management to their customers, vendors and distributors. Cornerstone HR provides employee self-service, absence management, organization management, compliance reporting and records administration. The HR product allows clients to centralize reporting across many disparate systems and extends the capabilities of an outdated HR administration solution.
Cornerstone Analytics is a human capital management solution. Its professional services include implementation services, integration services, content services, business consulting services, training services as well as ongoing support and advice.
The Company competes with Oracle Corporation, International Business Machines Corporation, Saba Software, Inc., SAP America, Inc., SkillSoft Corp, Halogen Software, Inc., Talentsoft, Workday, Inc. and Peoplefluent, Inc.
Cornerstone OnDemand Inc
1601 Cloverfield Blvd Ste 620S
SANTA MONICA CA 90404-4178