Minneapolis, MN, September 20, 2017
Ceridian, a global human capital management company, today announced that Dayforce HCM has been named the overall Leader in Nucleus Research’s Human Capital Management Technology Value Matrix . Nucleus compared 17 providers and determined that Dayforce is again outpacing the competition in terms of usability and functionality, for the second straight year.
“Over the past five years, we have successfully moved Dayforce from a payroll- and WFM-focused solution, to a full-suite HCM solution, and we continue to enhance our offering to help organizations prepare for the future of work,” said Sarah Terrelonge, Vice President of Corporate Marketing, Ceridian. “As a result, Dayforce is now what Nucleus calls a must-consider brand for employers, which is something we are exceptionally proud of.”
“Because it is a multitenant single cloud application with strong capabilities at the epicenter of HCM, Dayforce, by our definition, is the prototypical modern technology for HCM,” said Brent Skinner, Principal Analyst at Nucleus Research and author of the report. “With the launch of the new modules for compensation, learning and predictive analytics, Dayforce has the most HCM capabilities in a single application when compared to the competition—buoying its position, again, as the leading Leader.”
Nucleus notes that Dayforce has enhanced its functionality, adding features like compensation planning, as well as improved usability in the areas of scheduling, reporting and compliance. Nucleus also points to Dayforce’s use of predictive analytics to identify the factors which contribute to an employer’s attrition rate. Ultimately, this functionality will allow employers to “anticipate and ward off employee flight risk”.
Because of Ceridian’s best-practice approach to customer service and implementation, Nucleus notes, the average implementation time for customers has been reduced by 60 percent over the last year. And, overall, Nucleus’s analysis “shows consistent [customer] satisfaction with [Dayforce.]”