Dayforce Inc. (DAY)

Human capital management software company offering workforce management, payroll, and talent management solutions.

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Dayforce Inc., along with its subsidiaries, operates as a prominent player in the field of human capital management (HCM) software across the United States, Canada, and various international markets. The company's flagship product, Dayforce, stands as a robust cloud-based HCM platform designed to streamline various HR functions, payroll and tax management, workforce scheduling, employee benefits administration, and talent analytics. This comprehensive platform, known for its user-friendly interface and advanced functionalities, supports organizations in optimizing their human resources operations and enhancing overall workforce efficiency.

In addition to Dayforce, Dayforce Inc. offers Powerpay, another cloud-based solution tailored specifically for the small business sector. Powerpay provides integrated HR and payroll services, catering to the unique needs and scale of smaller enterprises seeking efficient and reliable payroll management solutions. The company complements its software offerings with comprehensive payroll services and a range of implementation and professional services, ensuring seamless integration and ongoing support for its clients.

Operating through direct sales channels and strategic third-party partnerships, Dayforce Inc. markets its solutions to a diverse clientele spanning industries such as retail, healthcare, finance, and more. Originally established in 1992 and headquartered in Minneapolis, Minnesota, the company was formerly known as Ceridian HCM Holding Inc. before rebranding as Dayforce Inc. in February 2024. With a rich history in the HCM sector, Dayforce Inc. continues to innovate and expand its suite of solutions, empowering organizations of all sizes to manage their workforce effectively in today's dynamic business environment.

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