Relationship to provide a dynamic solution for uncovering deep insight into core workforce metrics and helping organizations make critical and timely people management decisions
HRchitect featured Cornerstone OnDemand in our first release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Charles Coy participated in the HRchitect WebMingle on January 16, 2009 and again on December 8, 2011. HRchitect attended and sponsored Cornerstone’s user conference in 2009 and 2010.
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Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, and Visier Inc. recently announced that the companies have forged a strategic relationship, under which Visier’s innovative, cloud-based workforce analytics and planning solutions will be made available to Cornerstone clients.
According to Gartner research, workforce planning and analytics solutions enable HR organizations to deliver greater value by helping companies make fact-based decisions about their employee-related investments. In today’s economic climate, organizations must be prepared to react immediately to changing business strategies and shift to a more proactive approach, based on analytic insight, to optimize their workforce strategies.
“Talent management is changing rapidly, and the demand to proactively measure talent initiatives across recruiting, performance and learning functions has never been greater,” said David Somers, vice president of alliances and strategy for Cornerstone OnDemand. “Visier has leapfrogged the workforce planning and analytics market with its modern cloud-based architecture, interactive and visual user experience, and expertise in big data. Aligning their premier solution with the Cornerstone suite will help our clients gain greater access to the fundamental HR and business data they need to make critical decisions about their workforce.”
When used with Cornerstone’s comprehensive talent management suite, Visier Workforce Analytics enables Cornerstone clients to gain greater insight into critical workforce metrics, such as turnover, retention and employee productivity. Through predictive analytics, organizations also can go beyond core HR metrics to understand why people are leaving, how to source more top talent or who is likely to leave next.
Founded in 2010 by business intelligence experts, including former Business Objects CEO John Schwarz, Visier is changing how enterprises approach workforce analytics by delivering a cloud-based, pre-built solution that combines the sophistication of predictive capabilities with the ease-of-use of consumer applications.
“Visier is committed to partnering with leading providers of HR solutions. Working with Cornerstone, Visier is accelerating time-to-value for organizations with a cloud-based HR solution that is rapid to deploy, scalable, easy to manage and cost-effective to operate,” according to John Schwarz, Founder and CEO of Visier. “Our relationship with Cornerstone combines Visier’s powerful, intuitive and interactive workforce analytics solution that introduces deep and predictive insight into core workforce dynamics, with Cornerstone’s talent management suite. Together, we help companies to attract and retain top talent, improve workforce performance and operational efficiencies, reduce costs, and align workforce strategies with business strategies.”
For more information on Cornerstone OnDemand, please visit www.cornerstoneondemand.com
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Matt Lafata, HRchitect