Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based learning and human capital management software, today announced that it has been named as a Leader in the 2018 NelsonHall NEAT Next Generation HCM Technology Vendor Evaluation for the mid to large market client segment.
NelsonHall is the industry’s leading business process outsourcing analyst firm. The NelsonHall Vendor Evaluation & Assessment Tool (NEAT) focuses on cloud HCM vendors who deliver services on a single platform with enhanced UI and UX, enabled by intelligent capabilities and predictive analytics.
The evaluation analyses the performance of vendors offering HCM technology, allowing strategic sourcing managers to assess vendor capability, and identify the best performing vendors. Vendors are identified in one of four categories: Leaders, High Achievers, Innovators, and Major Players.
Cornerstone’s HCM solution unifies employee data in one agile system, enabling better decision-making by giving organisations improved visibility and access to the right information. Cornerstone HR is an HRIS alternative which extends the useful life of existing systems without organisations ripping and replacing legacy solutions, which can be a costly, risky and lengthy process with limited business benefits. Cornerstone’s approach delivers tangible results earlier in the process and – as a result – speeds up the time to value.
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Pete Tiliakos, Principal HR Technology & Services Analyst, NelsonHall, said:
“Cornerstone has been recognised as a leader for its cloud HCM capability within the mid to large market client segment. Cornerstone’s long history and early adoption of cloud technology for HR is evident in its platform design, which takes a modular approach. Modules are tightly integrated to enable a seamless UX and a comprehensive talent management suite, including an extensive learning management capability. This was supported by strong client satisfaction scores for both platform and service delivery satisfaction, as well as Cornerstone’s ability to meet client current needs and support future requirements.”
“Being recognised as a leader and being positioned in the upper-right segment of the NelsonHall Next Generation HCM Technology report is an honour and a real reflection of the huge appetite for Cornerstone HR. We’re also proud that this is the third time in 12 months that independent analysts have named us as HCM leaders in their reports. We recognise that in the digital age, businesses need solutions that can be implemented fast and demonstrate business benefits from the get-go. Cornerstone HR was built having listened carefully to the needs of our clients. Ageing legacy systems mean that many organisations miss modern functionality and seek a solution that provides them with the insights they need whilst being intuitive and offering a fantastic employee experience. Cornerstone offers a global solution that is highly flexible and tailored to the client’s needs,” said Vincent Belliveau, executive vice president and general manager EMEA, Cornerstone OnDemand. “Almost all organisations are undergoing digital transformation and cannot be held up by lengthy, low value and high-risk legacy system overhauls.”