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Cornerstone OnDemand Launches Recruiting Cloud

Cloud solution helps organisations to recruit, onboard and manage new recruits from internal and external talent pools, including social networks

London, England: April 2 2012: Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management software solutions, today announces the launch of its Recruitment Cloud product, helping companies to manage the acquisition, onboarding and hiring of new employees. The new SaaS offering features the ability to search both internal and external talent communities, including social networks such as LinkedIn to source the best new recruits for roles.

Cornerstone Recruitment is a pure cloud product built on a common platform with the Cornerstone Performance, Learning and Extended Enterprise products, providing a familiar experience to users of these solutions. Customers can modify the application at no cost or risk to themselves, turning functionality on or off during implementation, as well as customising and branding the product to match the individual look and feel of the company. Recruitment Cloud uses Cornerstone's network of alliance partners to enhance its functionality, enabling HR teams to browse CVs, distribute vacancy opportunities and carry out background screening tasks. In addition, the Recruiting Cloud uses Facebook's social graph and LinkedIn® recruiting services' "Apply with LinkedIn" capabilities.

"Most recruitment solutions today simply ignore social networks, when they often represent a goldmine of insights and candidates," says Vincent Belliveau, SVP and General Manager EMEA, Cornerstone. "It's important for organisations not to get wrapped up in tools and procedures, but to remember that recruitment is about people. Recruiting Cloud handles a lot of the administration involved with hiring and helps HR teams focus on fitting the right people to the right job for them, and for the needs of the organisation."

The new product now allows HR teams to find candidates via social networks, but also allows candidates to apply via services such as LinkedIn, for example. It supports companies throughout every step of the recruitment procedure, from creating and posting opportunities on internal and external sites, managing referrals and assessing candidate skills. Existing employees can be included in the process, involving the right line management and stakeholder teams throughout hiring.

"Organisations today often struggle to manage employees throughout their working lifecycle, from hiring through to learning and development and performance management to retirement," continues Belliveau. "By launching Recruitment Cloud, which connects seamlessly to our Performance Cloud, Learning Cloud and Extended Enterprise Cloud products, we hope to help companies recruit the best people for the job and help to develop them at every step of their career. As all products are cloud-based, there is little configuration involved and use of the product can be scaled up or down to match organisational shrinkage or growth."

-ends-

About Cornerstone OnDemand
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution. We enable organisations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Our integrated software-as-a-service (SaaS) solution consists of the Cornerstone Recruiting Cloud*, the Cornerstone Performance Cloud, the Cornerstone Learning Cloud and the Cornerstone Extended Enterprise Cloud. Our clients use our solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors. We currently empower over 7.5 million users across 179 countries and in 31 languages.

# # #

Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.

For more information, please contact:
Jo Ashford/Ella Thompson
Rocket Communications
+44 (0)8453 707 024
[email protected]

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