Cornerstone OnDemand Product Overview
Cornerstone OnDemand is a comprehensive cloud-based people development software designed to help organizations manage and develop their workforce through innovative technology. Here’s a detailed look at what the product does and its key features.
Purpose and Benefits
Cornerstone OnDemand is tailored to streamline HR processes, enhance employee skills, and align workforce goals with business objectives. It supports various aspects of human resources, including learning and development, talent management, and performance management. The platform aims to drive employee engagement and improve overall business performance by providing robust tools and advanced functionalities.
Key Features
Learning Management
- The Cornerstone Learning Suite offers advanced learning management features, enabling organizations to deliver personalized learning experiences. It includes tools for training and development, allowing HR departments to offer customized courses and track employee performance. The system also uses achievement recognition to motivate employees through badges and other forms of recognition.
Performance Management
- The performance management module allows users to set personal goals, track performance, and access detailed performance data. It provides a 9-grid helicopter view of the entire organization, giving a comprehensive overview of staff performance and the talent pool. This feature facilitates setting objectives, conducting evaluations, and facilitating online learning within the performance review process.
Talent Management
- Cornerstone OnDemand includes features for talent management, such as succession planning, career development, and talent pool management. It helps in identifying and developing high-performing employees and aligning their growth with the organization’s goals.
Recruitment and Hiring
- The platform offers a range of recruitment tools, including job posting, resume parsing, candidate sourcing, interview scheduling, and offer management. It also includes background screening and onboarding integration to streamline the hiring process.
Compliance and Administration
- Cornerstone OnDemand provides robust compliance management features, allowing organizations to efficiently assign and track compliance training. The system supports administration and auditing features, enabling HR and talent managers to monitor and perform audits with minimal risks.
Reporting and Analytics
- The platform is equipped with custom reporting and analytics tools, offering robust reporting capabilities and an intuitive analytics dashboard. Users can generate custom reports tailored to specific needs and gain real-time insights into training performance and other HR metrics.
Collaboration and Integration
- Cornerstone OnDemand includes collaboration tools, mobile accessibility, and social media integration. It supports third-party integrations, such as with Oracle HRMS, and offers a structured integration process involving discovery, design, and execution stages.
Other Key Features
- Additional features include customizable workflows, candidate relationship management, employee referrals, and automated notifications. The platform is accessible on various platforms, including Android and iOS.
User Support and Ease of Use
- Cornerstone OnDemand provides various support options, including customer-specific designed systems, workshops, and tutorials. While the interface may seem technical for beginners, continuous practice and additional resources, such as third-party tutorials, help users become more acquainted with the system.
Business Compatibility
- Cornerstone OnDemand serves a wide range of businesses, from startups and small to medium-sized businesses (SMBs) to mid-market and enterprise organizations. It is particularly beneficial for companies with large compliance training needs and those requiring comprehensive talent management solutions.
In summary, Cornerstone OnDemand is a powerful and comprehensive HR solution that integrates learning management, performance management, talent management, and recruitment tools to help organizations optimize their workforce development and business performance.