Ceridian Extends Innovation Leadership with Intelligent HCM Solutions
Dayforce Intelligence, Dayforce Wallet, and Dayforce Hub to create quantifiable value for organizations and their employees
Ceridian (NYSE: CDAY; TSX: CDAY), a global human capital management (HCM) company, showcased the latest innovations at INSIGHTS, Ceridian’s annual customer conference in Las Vegas.
Dayforce Intelligence combines data with predictive technologies to identify key metrics for each HCM process. This allows an organization to easily see their current score, how the metrics have tracked over time, and how they compare to peers. Dayforce Intelligence quantifies the value that can be created by incremental improvements and recommends where to focus to maximize value creation.
“Dayforce Intelligence will enable HR leaders to understand the performance of their HR processes, benchmark relative to peer organizations, and lead their companies to best-in-class performance,” said David Ossip, Chairman and CEO, Ceridian. “This is essential for HR to be strategic and to create hard dollar value for their organizations.”
Dayforce Wallet helps workers feel a sense of empowerment over their earnings and regain control of their finances. Dayforce Wallet allows workers to access their already-earned wages anytime during the pay period.
Leveraging Dayforce’s continuous pay calculations, Dayforce Wallet processes a same-day payroll each time a worker requests their pay. The solution is compliant with federal, state, and local remittances and requires no changes to payroll processing including the funding, timing, and close-out of pay.
“The vast majority of Americans live paycheck-to-paycheck and struggle to bridge unexpected expenses. Instead they rely on high-interest debt, such as credit cards and pay day loans,” continued Ossip. “Dayforce Wallet provides a better solution for financial wellness.”
Dayforce Hub provides a one stop shop for all things HCM. It allows customers to tailor the Dayforce experience with their branding and content through configurable widgets and styles.
“Dayforce Hub drives engagement and alignment with organizational culture,” said Andrew Shopsowitz, Product and Innovation Lead, Ceridian. “It provides an immersive experience to increase user adoption, enabling customers to maximize the value of their Dayforce solution.”
Dayforce Intelligence, Dayforce Wallet, and Dayforce Hub are expected to be available in 2020.
Ceridian. Makes Work Life Better™.
Ceridian is a global human capital management software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
This press release should be read in conjunction with the risks detailed in the “Cautionary Note Regarding Forward-Looking Information,” “Forward-Looking Statement”, “Risk Factors” and other sections of Ceridian’s Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission.