Vendor Analysis
published on Aug 15, 2025
Report Overview:
This vendor assessment analyzes Dayforce's offerings and capabilities in HCM Technology & GenAI
Who is this Report for:
NelsonHall’s HCM Technology profile on Dayforce is a comprehensive assessment of Dayforce’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of HCM Technology and identifying vendor suitability for HCM Technology RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the HCM Technology sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Dayforce’s HCM Technology offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Dayforce (formerly known as Ceridian) is a publicly traded company (NYSE, TSX: DAY) that provides global human capital management (HCM) software solutions. The firm was formed as the payroll bureau business of Control Data Corporation (CDC) and emerged in 1992 as an information services company following CDC's restructuring.
In April 2012, Ceridian acquired Dayforce, a SaaS-based HCM platform. It began focusing primarily on HCM cloud technology development and later divested its service-related businesses, including its electronic payment services organization and benefits administration business.
In February 2024, Ceridian rebranded as Dayforce to reflect its go-to-market strategy as a single HCM provider and global people platform. Since the rebrand, Dayforce has significantly increased its portfolio with the acquisition of eloomi, a learning and development platform, and expanded its global reach with the launch of Dayforce Payroll in Singapore. Dayforce has also enhanced its platform with the launch of Dayforce AI Agents, which leverage a conversational AI interface within Dayforce AI Assistant to simplify workflows across the Dayforce application suite of HR, pay, time, talent, and analytics.
Currently, Dayforce has ~7k HCM clients (~7.6m users) live on its platform. This profile focuses specifically on Dayforce’s HCM technology offering.
