The company that powers Dayforce HCM, Ceridian, was established in 1992 and is based in Minneapolis, Minnesota. Dayforce HCM is a cloud-based Human Capital Management (HCM) platform that integrates HR functions and applications into one platform.
It is made to simplify workforce management including payroll benefits and talent management processes, thus giving the organizations real-time data and analytics that can be used for making informed decisions.
The platform’s integrated system assists businesses in handling the entire employee lifecycle from recruitment to retirement and guarantees compliance with regulatory frameworks as well as enhances operational efficiency.
Dayforce’s single employee record system is a very important feature that helps to reduce data entry redundancy and errors, and consequently, the management of HR activities becomes smooth.
The platform offers several functions like onboarding, payroll, and benefits administration. This makes it possible for HR to handle their duties with less stress.
Moreover, Dayforce’s workforce management features provide labor cost optimization and productivity improvement through real-time analytics and insights.
In addition, the platform provides employee-oriented self-service portals via web and mobile apps as well. This gives employees the ability to perform their work-related duties without necessarily having to depend on the support of the HR staff.
Managers can easily view HR data from the simplified dashboard and make informed decisions based on the data timely and accurate.
Dayforce accommodates international operations thanks to multi-currency and multi-language capabilities which makes it excellent for global enterprises.
Its architecture is scalable which enables it to cater to the needs of both large and small companies. This way, businesses of all sizes can benefit from its comprehensive HCM solutions.
