The Best Integrated HCM Suite for the Midmarket, Now Reaching for Larger Enterprises
This report provides an overview of Ceridian’s human capital management (HCM) offering, Dayforce, and analyzes its ability to satisfy enterprises’ demands to power their people operations with an integrated HCM suite. It highlights recently delivered and long-term differentiators that set Ceridian Dayforce apart and enable people leaders to help their organizations achieve Enterprise Acceleration and change the Future of Work for the people in their enterprise.
With Dayforce, Ceridian has one of the most complete HCM suites available for the North American market. Recent additions in Ireland, Australia, New Zealand and the U.K. make the vendor a global player, with more countries coming. At the heart of Dayforce is a single platform that spans from HR core, payroll, workforce and talent management all the way to benefits automation. Built on a single platform and a single database, Dayforce has all the architectural ingredients needed for a successful HCM suite. The offering underlies Ceridian success—growth rates have been north of 30% for Dayforce—as well as the company’s confidence in reaching its objective of $1 billion in recurring software-as-a-service revenue for 2021.
Moreover, Ceridian sets itself apart from the other vendors covered in the underlying Constellation Market Overview with a well-defined and delivered suite architecture, getting the time, pay and benefit equation right, as well as having strong talent management capabilities and an organizational DNA that excels at execution.
The other HCM suite vendors that are part of the Market Overview are ADP, Infor, Kronos, Oracle, SAP, Ultimate and Workday.
