Cornerstone OnDemand Streamlines Reporting with Marketo Financial Management

SAN MATEO, Calif., Sept. 16, 2014 /PRNewswire/ -- Marketo Inc. (NASDAQ: MKTO), the leading provider of marketing software, today announced that Cornerstone OnDemand, a global leader in cloud-based talent management software solutions, has centralized its global marketing budget and spend information using Marketo Financial Management. Cornerstone OnDemand now has a single up-to-date view of its marketing spend at both the regional and global level for faster reconciliation and planning, as well as the ability to find and reallocate budget more easily.

Cornerstone OnDemand wanted to track global spending on its individual marketing programs across multiple regions working in numerous currencies. Gaining detailed insight into actual program spending worldwide was difficult to reconcile with multiple spreadsheets. This challenge was further compounded by each team's individual reporting styles and layouts.

"With Marketo Financial Management everything is in one place. We have a central reporting capability that brings together all of our plans, forecasts and actuals into a single system of record," said Alix Bourras, online marketer in Northern Europe at Cornerstone OnDemand. "Now, each of our marketing teams worldwide can easily collaborate on budgets, make better spending decisions and stay on budget. It also provides a complete picture of the marketing spend across teams, regions and currencies which means we can see instant return on investment reporting and make smarter decisions for the business."

About Cornerstone OnDemand
Cornerstone OnDemand is a leader in cloud-based applications for talent management. The company's solutions help organizations recruit, train, manage and engage their employees, empowering their people and increasing workforce productivity. Based in Santa Monica, California, the company's solutions are used by over 1,800 clients worldwide, spanning more than 15.5 million users across 191 countries and 42 languages. For more information about Cornerstone, visit csod.com. Read Cornerstone's blog at csod.com/blog. Follow Cornerstone on Twitter at twitter.com/CornerstoneInc. Like Cornerstone on Facebook at facebook.com/CSODcommunity.

About Marketo
Marketo (NASDAQ: MKTO) provides the leading marketing software for companies of all sizes to build and sustain engaging customer relationships. Spanning today's digital, social, mobile and offline channels, Marketo's® customer engagement platform powers a set of breakthrough applications to help marketers tackle all aspects of digital marketing from the planning and orchestration of marketing activities to the delivery of personalized interactions that can be optimized in real-time. Marketo's applications are known for their ease-of-use, and are complemented by the Marketing Nation®, a thriving network of more than 320 third-party solutions through our LaunchPoint® ecosystem and over 50,000 marketers who share and learn from each other to grow their collective marketing expertise. The result for modern marketers is unprecedented agility and superior results. Headquartered in San Mateo, CA with offices in Europe, Australia and Japan, Marketo serves as a strategic marketing partner to more than 3,000 large enterprises and fast-growing small companies across a wide variety of industries. For more information, visit www.marketo.com.

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SOURCE Marketo