SUCCESS STORY
Kantata Helps Cornerstone Improve Revenue Forecasting Accuracy By 20%
Cornerstone OnDemand (NASDAQ: CSOD), an innovator in cloud technology since 1999, is the largest independent Unified Talent Management platform. It helps some of the world’s largest organizations along with thousands of smaller organizations recruit, train, and manage their people
30%
Scale increase throughout company
20%
Improvement in accuracy of services revenue forecasting
INDUSTRY
CLIENT
WHAT KANTATA REPLACED
The Challenge
Cornerstone’s commitment to clients required more than the limited time tracking, lack of financial control, and lack of project visibility offered by OpenAir. The biggest challenge for Cornerstone was managing their business through continued, rapid growth. The search for a resource management solution that could support them led to Kantata.
The Solution
Time Tracking
Kantata’s time tracking provided the detailed time logs that Cornerstone needed for accurate capacity planning to support project needs, moving past the limited capabilities previously used in OpenAir.
Resource Assignments
Kantata has also given Cornerstone the ability to track each team member’s assignments for stronger resource management, which was limited in their previous usage of Excel spreadsheets and a homegrown process for tracking resource data.
Resource Forecasting
Cornerstone gained resource forecasting capabilities with Kantata that allow them to both understand and prepare for upcoming demands on their team members, providing a level of insight and preparedness they needed to support clients around the world.
Benefits
- 20% improvement in services revenue forecasting accuracy
- 30% scale increase throughout company
- 4% increase in resource utilization
- Replaced 3 full-time business analysts
“We have a much tighter control over utilization now that we’re using Resource Center and we’re continuing to leverage Kantata more and more. We always felt that we were in good hands with the Kantata PS team.”
Associate Director, Consulting, Cornerstone On Demand