Kronos and Cornerstone OnDemand announce strategic alliance in the cloud

Kronos Incorporated, a global leader in delivering workforce management solutions in the cloud, and Cornerstone OnDemand, a leader in cloud-based talent management software solutions, have announced that the companies have formed a strategic global alliance.

As part of a strategic global alliance, Kronos and Cornerstone will collaborate on new business opportunities involving Cornerstone’s unified talent management platform and Kronos’ global workforce management solutions as well as develop integrations to create a seamless experience for customers while enabling the sharing of data and valuable insights between systems.

Initial software integration will be focused on Cornerstone’s enterprise solution and Kronos Workforce Ready, which delivers workforce management solutions in the cloud to small and midsize businesses (SMBs). The alliance will expand to meet the human capital management (HCM) and workforce management needs of all Kronos customers, up to enterprise-size multinational organizations with Workforce Central integration.

Kronos Workforce Ready helps organizations make more informed workforce decisions and gain a competitive advantage by fully automating necessary – and often labor-intensive – business processes with consistent, real-time employee data with single-source access in the cloud for time and attendance, HR, payroll, scheduling, tax solution, and compliance management.

Cornerstone’s unified talent management platform helps organizations of all sizes and across a wide variety of industries to realize the potential of their workforce and make smarter business decisions. By bringing all phases of the employee lifecycle under one solution, Cornerstone enables organizations to source and recruit top talent, develop and engage employees throughout their careers, improve business execution, cultivate future leaders, and enable external networks of customers, vendors, and distributors. The platform includes applications for recruiting, onboarding, learning and development, collaboration, performance management, compensation management, succession planning, and reporting and analytics.

“We are excited to work with Cornerstone to provide deep talent management capabilities for our customers around the world, from small and midsize businesses to the largest multinational organizations,” said Aron Ain, chief executive officer, Kronos. “We have many joint clients successfully using our cloud solutions as a competitive advantage, and this collaboration will allow us to reach even more organizations to help them harness the power of their workforces via the Kronos Cloud.”

“Our global collaboration with Kronos aligns the leading specialist in talent management software with the leading specialist in workforce management solutions,” said Adam Miller, founder and chief executive officer, Cornerstone OnDemand. “Today, our companies share clients that include some of the world’s largest organizations in retail, healthcare, and manufacturing. By aligning and integrating our cloud solutions, both companies can offer best-of-breed functionality in talent and workforce management while creating a seamless user experience.”