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Ceridian
Overview
Ceridian Dayforce is a full suite HRIS system that can serve as a one-stop-shop for companies, covering everything from payroll, benefits and HR to recruiting, onboarding, performance and learning. Ceridian Dayforce is utilized by companies as small as 100 employees and as large as 100,000, but has developed a strong presence in the Mid-Enterprise. Ceridian is known for it's strengths around Payroll and Workforce Management. Ceridian has long been a top competitor to ADP in the payroll space, and in 2012, they acquired Dayforce, a leading Workforce Management platform. Since then, Dayforce has become their flagship offering and is a great solution for companies with complex payroll, time & attendance, scheduling and tax needs.
Free Tool: Use our HRIS matching app to see which vendors are the best fit for your needs - with pricing and pros/cons
Market Segment
Ceridian is considered a Mid-Enterprise HRIS, which means the system works best for companies with between 350 and 10,000 employees. Mid-Enterprise solutions are designed to be all-in-one HRIS's for companies with a moderate-to-high degree of complexity. Mid-Enterprise solutions typically take about 4-5 months to implement and only occasionally require external consultants to successfully implement and manage the solutions. Mid-Enterprise solutions have more custom workflow tools and rules engines to support a business's growing complexity.
Blog: How Long Does it Take To Buy and Implement an HRIS
Costs
Ceridian charges companies on a per employee per month basis. Ceridian is typically price in the mid-to-high range for their competition. A typical Ceridian Dayforce subscription can cost anywhere from $21-29 PEPM, depending on the size of your company and the modules included in your scope.
In addition to the software fees, Ceridian will typically charge a one-time implementation fee. Ceridian's implementation fees are typically about 40-60% of the annual software fees (i.e., $40-60K implementation fee on a $100K annual purchase)
Blog: How to Negotiate an HRIS Agreement
Strengths
- Ceridian Dayforce has not relied on acquisitions or 3rd parties to grow the platform, but has instead continued to develop on a single database architecture. This can lead to greater accuracy, efficiency, reduce manual re-entry and improve reporting
- Ceridian is a powerful Core HR platform that provides strengths around payroll, time and benefits. Companies with complex workforces find a lot of value in these capabilities
- Ceridian can process payroll natively in the US, UK and Canada, and they own a number of payroll providers in other regions, as well
- Ceridian's strong product architecture allows them to build integrations with any 3rd parties that also have open APIs
Weaknesses
- Ceridian implementations can be longer and more rigid than some of their peers, such as UKG and ADP
- Ceridian's talent management tools (recruiting, performance, engagement) aren't quite as advanced as their Core HR capabilities
- Ceridian's user interface is straightforward and navigable, but not the sleekest or most modern interface.
Integration Capabilities
Ceridian does not have as many 'pre-built' marketplace integrations as some of their peers, but their strong product architecture allows them to build custom integrations with any 3rd party system that also has robust API capabilities.
Free Tool: HRIS Requirements Builder
Global Capabilities
Ceridian is one of the strongest options for global companies. Their system can serve as a global system of record and they provide language localization for dozens of languages. Ceridian also has one of the most robust global payroll networks in the industry, allowing companies to pay employees in any region all through the same HRIS system. Ceridian also has offices across the globe to support multinational companies
Modules Offered
- Payroll
- Benefits Admin
- HR / Employee Files
- Time & Attendance
- Onboarding
- Recruiting
- Performance
- Compensation
- Engagement
- Learning
Want more info on Ceridian? Talk to an advisor about firsthand Ceridian Dayforce experience
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