ADP and Cornerstone OnDemand Sign Agreement to Extend Talent Management Software Reseller Relationship

ADP and Cornerstone OnDemand Sign Agreement to
Extend Talent Management Software Reseller Relationship

ROSELAND, N.J. and SANTA MONICA, Calif. – May 14, 2012 – ADP®, a leading provider of talent management, payroll services, benefits administration and integrated computing solutions for vehicle dealers, and Cornerstone OnDemand (NASDAQ: CSOD), a global leader in cloud-based talent management software solutions, today announced that the companies have extended their reseller relationship through 2017. Under the agreement, ADP will continue to offer employers best-in-class performance, succession management, learning, compensation and enterprise social networking, along with powerful reporting and analytics for talent management, powered by Cornerstone OnDemand.

“The partnership has been successful at providing clients with a strong option for their talent management needs, and we anticipate future joint opportunities as part of ADP’s broader HCM suite,” said Terrence McCrossan, Vice President, Strategy and Business Development, ADP National Account Services.

Cornerstone’s comprehensive, organically developed software solution helps organizations manage the entire employee lifecycle, from hiring through retirement.

ADP provides unprecedented integration across the talent management spectrum by unifying talent acquisition, compensation, performance, succession, and learning processes.