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Dayforce

Dayforce, Inc. is a multinational human capital management (HCM) technology company that delivers an AI-powered, cloud-based platform integrating HR, payroll, benefits, talent management, and workforce management solutions to streamline operations for global organizations.^[1]^[2] Headquartered in Toronto, Ontario, Canada, and Minneapolis, Minnesota, United States, it serves enterprises across industries such as retail, hospitality, healthcare, and financial services in more than 50 countries, managing work for millions of employees worldwide.^[2]^[3] The company originated in 1992 as Ceridian, a provider of HCM and payroll services, and underwent a significant evolution in 2012 when it acquired the Dayforce software platform, which formed the foundation of its unified HCM suite.^[2] In February 2024, Ceridian rebranded to Dayforce, Inc., reflecting the centrality of its flagship platform, and it operates as a publicly traded company on the New York Stock Exchange under the ticker symbol DAY.^[2]^[4]^[5] With over 30 years of experience, Dayforce emphasizes culture-driven innovation, sustainability—such as 100% renewable electricity usage and a 96% reduction in emissions since 2021 (as of 2023)—and diversity, including 50% board representation by women or people of color (as of 2023).^[2] Dayforce's platform is recognized for its scalability and compliance features, earning accolades like leadership positions in the Gartner Magic Quadrant for Cloud HCM Suites and inclusion on the Bloomberg Gender-Equality Index.^[2] Trusted by thousands of customers, including Fortune 500 companies like Accenture and Harley-Davidson, it enables efficient people management through tools for recruiting, onboarding, performance tracking, and predictive analytics, ultimately aiming to enhance workforce productivity and employee experiences.^[2]^[1]

Company Overview

Description and Mission

Dayforce is a global AI-powered human capital management (HCM) software company that provides unified solutions for human resources (HR), payroll, benefits, talent management, workforce management, and analytics.^[1] The platform integrates these functions into a single system, enabling organizations to streamline people operations with automation, real-time insights, and compliance support across diverse workforces.^[1] The company's mission is to deliver simplicity at scale through real-time, continuous calculation technology that enhances payroll and HR processes, allowing businesses to manage complex employee lifecycles efficiently.^[6] This approach empowers organizations to operate confidently, unlock workforce potential, and improve overall work life for employees and teams.^[2] Dayforce, formerly known as Ceridian, emphasizes culture-driven innovation in its HCM offerings.^[7] Headquartered in Minneapolis, Minnesota, United States, and Toronto, Ontario, Canada, Dayforce manages over 7.6 million employees worldwide as of December 31, 2024, and supports compliance in more than 200 countries and territories, enabling global scalability for enterprises of varying sizes.^[1]^[8]^[9]

Global Operations and Scale

Dayforce maintains a significant global operational footprint, with primary offices in North America, including its headquarters in Minneapolis, Minnesota, United States, and another key location in Toronto, Ontario, Canada. The company has expanded into Europe with offices in cities such as Düsseldorf, Germany, and Glasgow, United Kingdom. In the Asia-Pacific region, Dayforce operates from locations including Melbourne, Australia; Taguig, Philippines; and Singapore. Additionally, through its 2021 acquisition of ADAM HCM, Dayforce has established presence in Latin America and the Caribbean, supporting operations in countries like Mexico, Brazil, and Peru.^[10]^[11]^[12]^[13] As of December 31, 2024, Dayforce employs approximately 9,600 people worldwide, reflecting a 5.68% increase from the previous year and supporting its international growth.^[14] Dayforce is publicly traded on the New York Stock Exchange under the ticker symbol DAY, enabling it to serve mid-market and enterprise clients across diverse industries such as retail, healthcare, and manufacturing. The platform processes payroll for over 7,000 customers globally (7,025 as of September 30, 2025), with built-in compliance capabilities covering more than 200 countries and territories to ensure accurate and localized human capital management.^[15]^[16]^[17]

History

Founding and Early Development

Ceridian Corporation was established in 1992 as a spin-off from Control Data Corporation, initially focusing on human resources and payroll outsourcing services to streamline administrative processes for businesses.^[2]^[18] This separation allowed Ceridian to concentrate on information services, including payroll processing and employee benefits management, building on Control Data's earlier ventures in workforce solutions dating back to the 1930s.^[19] The company quickly positioned itself as a key player in outsourced HR services, serving millions of employees through automated systems designed to reduce operational burdens for employers.^[20] In 2009, David Ossip founded Dayforce as a standalone software company, introducing a cloud-based human capital management (HCM) platform that emphasized real-time data processing to unify HR, payroll, and workforce management functions.^[2] Unlike traditional systems reliant on periodic updates, Dayforce pioneered a continuous calculation engine for payroll, enabling ongoing computations as employee data—such as hours worked or benefits changes—was entered, thereby replacing outdated batch processing methods that required end-of-period reconciliations.^[21] This innovation addressed key inefficiencies in legacy HCM tools, allowing for more accurate, on-demand pay insights and reducing errors associated with delayed data handling.^[22] Ceridian acquired Dayforce in 2012, fully integrating the platform as its flagship HCM solution and rebranding the combined offering as Dayforce HCM to leverage the technology's real-time capabilities across Ceridian's established customer base.^[23] The acquisition, announced in February and completed shortly thereafter, marked a strategic shift for Ceridian toward cloud-native HCM delivery, with Dayforce's continuous payroll features becoming central to enhancing service efficiency and compliance.^[24] Following the merger, Ossip assumed a leadership role within Ceridian to guide further development of the platform.^[2]

Expansion and Rebranding

Ceridian HCM Holding Inc. went public on April 30, 2018, with an initial public offering on the New York Stock Exchange under the ticker symbol CDAY, pricing 28.7 million shares at $22 each and raising approximately $631 million in gross proceeds, including a concurrent private placement. The net proceeds were primarily used to refinance long-term debt and for general corporate purposes, which supported the company's subsequent investments in cloud technology and international growth initiatives. This IPO marked a significant milestone in Ceridian's evolution, providing the financial foundation for accelerated expansion beyond North America.^[25]^[26] In line with its growth strategy, Ceridian expanded its offerings for small businesses through enhancements to its Powerpay platform, a cloud-based HR and payroll solution tailored for Canadian organizations with fewer than 100 employees. In 2016, the release of Powerpay Self Service allowed employees to access their HR and payroll information independently, streamlining processes and boosting adoption among small business clients. A key step in international expansion came in 2020 with the acquisition of Excelity Global, a Singapore-based provider of payroll and HCM services, announced on May 6 and completed on May 29; this move strengthened Ceridian's presence in the Asia-Pacific region, adding multi-country payroll capabilities to serve over 1,500 clients across 18 countries.^[27]^[28] On January 31, 2024, Ceridian HCM Holding Inc. officially changed its legal name to Dayforce, Inc., with the rebranding announced in October 2023 and fully effective in early 2024, including a ticker symbol change to DAY on February 1. The shift emphasized the Dayforce platform as the unified core of the company's HCM solutions, aiming to consolidate its identity around a single, comprehensive offering for HR, payroll, benefits, and workforce management. Following the rebrand, Dayforce prioritized integrating artificial intelligence and advanced analytics into its products, launching Dayforce AI Agents in November 2024 to automate tasks like people analytics and compliance reporting, enhancing decision-making for customers.^[29]^[30] In August 2025, Dayforce entered into a definitive agreement to be acquired by private equity firm Thoma Bravo in an all-cash transaction valued at US$12.3 billion (including debt), at US$70 per share; the deal was approved by shareholders on November 11, 2025, and is expected to close in late 2025 or early 2026, taking the company private.^[31]

Products and Services

Core Dayforce Platform

The Dayforce platform serves as a unified, cloud-based human capital management (HCM) suite designed for real-time data processing, enabling organizations to manage payroll, HR, workforce, talent, and benefits within a single system. This architecture eliminates data silos by maintaining a common database that updates instantaneously across all functions, supporting scalability for global operations in over 200 countries and territories. By leveraging continuous calculation engines, the platform ensures that changes in employee data—such as hours worked or personal updates—immediately reflect in pay, compliance, and reporting, reducing errors and administrative burdens.^[1] The core modules of Dayforce encompass essential HCM functionalities. The Payroll module employs continuous calculation to process pay in real time as time entries occur, enhancing accuracy and ensuring compliance with local tax and labor regulations across jurisdictions. HR Management centralizes employee data, including records, compensation details, and performance history, while streamlining onboarding through self-service portals that allow new hires to complete paperwork and access information efficiently. Workforce Management facilitates scheduling and time tracking with automation tools for creating demand-based shifts, monitoring attendance via mobile apps or time clocks, and optimizing labor costs through predictive forecasting to avoid overtime. Talent Management supports end-to-end employee lifecycle processes, from AI-assisted recruiting and candidate matching to performance reviews, learning and development programs via the Dayforce Skills Engine, and succession planning. Additionally, Benefits Administration automates enrollment in health, retirement, and other plans, providing employees with guided comparisons and self-service updates while ensuring regulatory compliance, such as ACA reporting, through integrated workflows.^[21]^[32]^[33]^[34]^[35] Technological features enhance the platform's intelligence and connectivity. AI-driven insights automate routine tasks, such as candidate screening and personalized learning recommendations, while predictive analytics identify talent retention risks by analyzing engagement and skills data to inform proactive strategies. The platform supports seamless integrations with ERP systems like Microsoft Dynamics 365, Oracle Fusion Cloud HCM, and Unit4, allowing bidirectional data flow for finance, supply chain, and other enterprise processes without custom coding, via tools like Integration Studio. These capabilities collectively enable data-driven decision-making and operational efficiency for organizations of varying sizes.^[1]^[34]^[36]^[37]^[38]

Specialized Solutions and Integrations

Dayforce offers a range of specialized solutions and integrations that extend its core human capital management (HCM) platform to address specific workforce needs, compliance challenges, and ecosystem connectivity. These offerings include on-demand pay options, professional managed services, a partner marketplace for third-party tools, and customizations tailored to key industries, enabling organizations to enhance employee engagement and operational efficiency.^[1] Dayforce Wallet is an on-demand pay solution that provides employees with instant access to earned wages through a digital wallet integrated with a prepaid Mastercard, allowing fee-free transfers and withdrawals on demand. Launched in 2020, this feature helps reduce financial stress for workers by decoupling pay from traditional bi-weekly cycles, with options to access up to 100% of earned pay per pay period depending on employer configurations. It supports talent acquisition and retention by offering flexibility in a mobile app, available in multiple countries including the US and Canada, and has been recognized for innovation in digital wallets.^[39]^[40]^[41]^[42] Dayforce's managed services encompass professional payroll processing, benefits administration, and ongoing support to handle complex compliance requirements across global operations. These services allow HR and finance teams to outsource routine tasks such as payroll calculations, tax filings, and regulatory adherence, freeing resources for strategic initiatives while ensuring accuracy and scalability for organizations with varying employee populations. For instance, managed payroll supports multi-jurisdictional processing, and benefits services include enrollment automation and vendor coordination, all delivered by Dayforce experts to mitigate risks in dynamic regulatory environments.^[43]^[44]^[45] The Dayforce Exchange serves as an open marketplace connecting users with certified third-party partners and applications that integrate seamlessly with the Dayforce platform, facilitating extensions in areas like analytics, collaboration tools, and specialized software. Launched in 2023, it features integrations with major providers such as Microsoft for productivity enhancements and Salesforce for CRM synchronization, alongside industry-specific apps for talent management and compliance reporting. This ecosystem enables customers to discover, evaluate, and deploy over 100 pre-built connectors, streamlining workflows without custom development and supporting broader digital transformation efforts.^[46] Dayforce provides industry-tailored solutions with customizations designed for sectors facing unique operational demands, such as hospitality and government. In hospitality and retail, features like shift bidding and intelligent scheduling optimize labor allocation, enabling employees to bid on open shifts via mobile interfaces while ensuring compliance with union rules and fluctuating demand. For government and public sector entities, solutions emphasize secure data handling through encrypted processing and audit-ready reporting, supporting citizen-focused outcomes with tools for flexible scheduling and on-demand pay that align with public sector regulations. These adaptations help organizations in these fields maintain workforce efficiency and regulatory adherence without overhauling their core systems.^[47]^[48]

Leadership and Governance

Executive Team

David Ossip serves as Chair and Chief Executive Officer of Dayforce, leading the company since 2012 following Ceridian's acquisition of the company he founded, with the Chair position held since August 2015 and CEO since November 2023.^[30] With over 30 years of experience in human capital management (HCM) technology, Ossip previously founded Workbrain Corp. in 1999, which was acquired by Infor in 2007, and established Dayforce in 2009 as a SaaS-based workforce management provider.^[49] Under his leadership, Dayforce underwent a significant rebranding from Ceridian in 2024, unifying its identity as a global HCM leader, and has integrated AI capabilities to enhance workforce data analytics and employee experiences.^[5]^[50] Ossip holds an MBA from Harvard Business School and a degree in econometrics from the University of Toronto.^[51] Jeremy Johnson is Executive Vice President and Chief Financial Officer, overseeing global finance functions including accounting, financial planning, tax, treasury, payroll trust operations, and investor relations.^[51] He first joined Dayforce in 2012, contributing to the scaling of its finance operations during periods of rapid growth, and rejoined as CFO in January 2024 after serving as CFO and interim CEO at SmartRecruiters, Inc., along with roles at Capella Education Company and KPMG.^[51] Johnson holds a Master’s in Accounting (Financial Reporting) from Michigan State University and is a Certified Public Accountant (inactive status).^[51] Amy Cappellanti-Wolf serves as Executive Vice President and Chief People Officer, responsible for designing and driving Dayforce’s global people strategy and operations.^[51] With more than two decades in HR leadership, she joined in April 2024 after previously holding the CHRO role at Cohesity and senior HR positions at Symantec, Cisco, Walt Disney Imagineering, Frito-Lay, and Silver Spring Networks.^[51]^[52] Recognized as one of the Top 50 Most Powerful Women in Technology by the National Diversity Council, Cappellanti-Wolf earned an M.S. and B.S. from West Virginia University.^[51] Joe Korngiebel is Executive Vice President and Chief Strategy, Product, and Technology Officer, leading Dayforce’s innovation strategy to advance HCM solutions and disrupt the industry.^[51] He joined in 2020 after serving as CTO at Workday for 14 years, including as SVP of Experience Technology, and held senior roles at Oracle and PeopleSoft.^[51] Korngiebel holds a B.S. in Science, Mathematics, and Computer Science from California Polytechnic State University.^[51] Other key members of the executive team include Steve Holdridge, President and Chief Operating Officer, who oversees go-to-market strategies and operations since joining in 2020;^[51] Sam Alkharrat, Executive Vice President and Chief Revenue Officer, responsible for global sales since 2023;^[51] and Chris Armstrong, Executive Vice President and Chief Customer Officer, managing customer success since 2004.^[51]

Board of Directors

The Board of Directors of Dayforce, Inc. comprises nine members, including one internal director and eight independent directors, providing oversight on strategic direction, risk management, and compliance in the human capital management sector.^[53] This structure ensures a balance of executive insight and external expertise to guide the company's global operations and technological innovations.^[53] David Ossip serves as Chair of the Board and Chief Executive Officer, a role he has held as Chair since August 2015 and as CEO since November 2023, leveraging his deep experience in HCM software development from prior leadership at the company.^[53] Gerald C. Throop acts as Lead Independent Director and Chair of the Audit Committee, bringing over two decades of finance and private equity expertise from roles at National Bank of Canada and Merrill Lynch Canada.^[54] Other notable independent directors include Brent Bickett, Chair of the Compensation Committee with a background in financial services leadership at Fidelity National Financial, and Deborah Farrington, Chair of the Corporate Governance and Nominating Committee, who founded a venture capital firm focused on technology investments.^[53] Thomas Hagerty, Chair of the Acquisition and Finance Committee, contributes private equity acumen from Thomas H. Lee Partners.^[53] The board operates through four key committees: the Audit Committee, which oversees financial reporting, internal controls, and compliance under Throop's leadership; the Compensation Committee, responsible for executive pay and incentives led by Bickett; the Corporate Governance and Nominating Committee, focused on board composition and succession planning chaired by Farrington; and the Acquisition and Finance Committee, handling mergers, investments, and capital allocation guided by Hagerty.^[55] These committees play critical roles in risk management, ensuring alignment with regulatory standards and ethical governance in the HCM industry.^[55] The board reflects diversity with three female directors—Farrington, Linda Mantia (former COO of Manulife Financial with global financial services experience), and Andrea Rosen (former TD Bank executive specializing in risk and operations)—representing 33% gender diversity.^[53] Members collectively offer expertise from HCM veterans like Ossip, technology and innovation leaders, and global business figures in private equity, finance, and payments, such as Ronald Clarke (CEO of Corpay) and Ganesh Rao (managing director at Thomas H. Lee Partners).^[53] This composition supports Dayforce's focus on scalable HCM solutions and international expansion.^[53]

Financial Performance

Revenue and Growth Metrics

Dayforce's total revenue for the third quarter of 2025 reached $481.6 million, reflecting a 9.5% year-over-year increase, or 9.6% on a constant currency basis.^[56] This growth was primarily driven by a 14% rise in recurring revenues excluding float, fueled by new client wins and expansions among existing customers.^[56] Over the trailing twelve months ending September 30, 2025, the company's annual revenue stood at $1.89 billion.^[57] More than 80% of Dayforce's revenue derives from recurring subscriptions, providing a stable income stream that accounted for approximately 83.7% of total revenue in the third quarter of 2025.^[58] This subscription-based model supports consistent growth through customer retention and upsell opportunities, with the annual Dayforce gross revenue retention rate reaching 98.0% for the full year of 2024.^[59] On the profitability front, Dayforce reported a non-GAAP earnings per share of $0.37 for the third quarter of 2025.^[56] Adjusted EBITDA for the quarter was $147.3 million, representing a margin of 30.6%, an improvement from 28.7% in the prior-year period.^[56] Historically, Dayforce's revenue has shown steady expansion, growing from $1.51 billion in 2023 to $1.76 billion in 2024.^[60]

Stock and Market Position

Dayforce, Inc. trades on the New York Stock Exchange under the ticker symbol DAY, having gone public through an initial public offering on April 26, 2018, at a price of $22 per share.^[61]^[62] The IPO, originally conducted under the name Ceridian HCM Holding Inc., raised approximately $631 million in gross proceeds, marking a significant milestone for the company's transition to public markets.^[63] As of October 2025, prior to major developments, Dayforce's market capitalization stood at approximately $10.8 billion, reflecting its position as a mid-tier player in the human capital management (HCM) software sector.^[64] The company's stock closed the third quarter of 2025 at $68.89 per share, with year-to-date performance showing a decline of about 5%.^[65] In August 2025, Dayforce announced a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valued at $12.3 billion, with shareholders receiving $70 per share.^[31] The acquisition was approved by shareholders on November 11, 2025, and is expected to close in late 2025 or early 2026, subject to customary conditions, after which Dayforce will become a privately held company and cease public trading.^[66] In light of the pending transaction, the company has suspended forward-looking guidance. Prior to the acquisition announcement, analyst sentiment was mixed, with an average rating of "Hold" across firms and a consensus 12-month price target of around $70; notably, Goldman Sachs raised its price target to $96 in February 2025, citing growth potential in cloud-based HCM solutions.^[67]^[68] In the competitive HCM landscape, Dayforce holds a market share of approximately 3.6%, positioning it as a notable contender behind industry leaders like ADP (around 4.2% in payroll management) and Workday (over 9% in overall HCM).^[69]^[70] The company was recognized as a Leader in the 2025 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for the sixth consecutive year, praised for its execution and vision.^[56] Dayforce differentiates itself through its real-time payroll capabilities, which integrate time, attendance, and pay calculations into a unified platform, enabling continuous processing and reducing compliance risks compared to batch-oriented systems from competitors.^[71]^[72]

Recent Developments and Controversies

Key Acquisitions and Partnerships

In 2024, Dayforce completed the acquisition of eloomi, a Danish learning and development platform, for approximately $180 million, enhancing its talent management capabilities with advanced learning experience tools integrated into the core Dayforce platform.^[73] This move strengthened Dayforce's offerings in employee training and skills development, enabling more personalized learning paths for global workforces.^[74] Building on this, in October 2025, Dayforce acquired Agentnoon, a workforce planning software provider, to accelerate the launch of its AI-driven Strategic Workforce Planning solution, which unifies scenario modeling, organizational design, and predictive analytics within the HCM ecosystem.^[75] The integration of Agentnoon's platform has bolstered Dayforce's AI capabilities, allowing customers to optimize workforce strategies with real-time data insights and collaborative planning tools.^[76] Dayforce has deepened its strategic partnerships to drive platform scalability and innovation. In April 2025, it became available on the Microsoft Azure Marketplace, simplifying deployment for enterprises seeking secure, cloud-based HCM solutions.^[77] This collaboration expanded further in October 2025, with Dayforce integrating Microsoft Azure AI agents into its workflows to automate HCM processes, such as talent acquisition and employee engagement, enhancing efficiency for global clients.^[78] Additionally, in October 2025, Dayforce broadened its Partner Network by aligning with Deloitte, CGI, Align HCM, and HCLTech to increase implementation capacity and support faster customer onboarding worldwide.^[79] A landmark government partnership emerged in June 2025, when the Government of Canada selected Dayforce to replace the troubled Phoenix pay system, advancing to the final build and testing phase for a unified HR and payroll solution serving over 300,000 federal employees.^[80] This contract, supported by $135 million in Budget 2024 funding, aims to deliver accurate, real-time payroll processing and reduce administrative burdens, with initial testing slated for summer 2026.^[81] For APAC expansion, Dayforce launched its payroll solution in Singapore in May 2024, marking a key step in regional growth and leveraging prior investments like the 2020 acquisition of Excelity Global to extend HCM services across Asia.^[82] These initiatives have facilitated market entry in high-growth areas, with the Dayforce Exchange ecosystem—its partner marketplace—growing to support over 200 integrations, fostering innovation and regional adaptability. Overall, these acquisitions and partnerships have enhanced Dayforce's AI-driven features and expanded its footprint, contributing to projected 15-17% recurring revenue growth in 2025 through improved scalability and customer value.^[83]

Legal and Regulatory Issues

In August 2025, Dayforce announced a definitive agreement to be acquired by Thoma Bravo in a $12.3 billion all-cash transaction at $70 per share, prompting investigations by shareholder rights law firms into potential breaches of fiduciary duty by the company's board and undervaluation of the stock.^[84]^[85] On November 12, 2025, Dayforce shareholders approved the acquisition, which remains subject to customary closing conditions and is expected to close in late 2025 or early 2026.^[66] Kaskela Law LLC initiated an inquiry on August 25, 2025, examining whether the $70 per share price adequately compensates shareholders and if directors fulfilled their duties in negotiating the deal, amid claims that the offer undervalues Dayforce's long-term growth potential in the HCM sector.^[85] Similarly, The Ademi Firm launched a parallel investigation in September 2025, focusing on possible violations of law related to the transaction's fairness.^[86] These probes reflect heightened shareholder scrutiny typical of going-private deals, though no formal lawsuits had been filed as of November 2025. Throughout 2024, Dayforce faced multiple shareholder investigations alleging securities law violations stemming from purportedly misleading statements about the company's platform performance and financial reporting.^[87] The Schall Law Firm announced an investigation in April 2024, targeting whether Dayforce issued false or misleading disclosures regarding key metrics, particularly following a significant stock price decline after the first-quarter earnings report that revealed issues with revenue recognition in its Dayforce Wallet float balances.^[87] Levi & Korsinsky followed in August 2024 with a probe into potential federal securities fraud, citing the company's alleged failure to disclose material risks associated with platform implementation and financial projections.^[88] These actions arose amid a broader context of restated financials and operational challenges, including delays in client onboarding, but Dayforce's 2024 Form 10-K reported no material ongoing securities litigation as of December 31, 2024.^[89] Dayforce encounters ongoing challenges in maintaining compliance with global data privacy regulations, particularly the European Union's General Data Protection Regulation (GDPR), due to its handling of sensitive employee and payroll data across international borders.^[89] The company's 2024 Form 10-K highlights risks from evolving privacy laws like GDPR and the California Consumer Privacy Act (CCPA), including potential liabilities from data transfers to the U.S. and requirements for participant consent in non-EEA regions, with processing for EEA residents justified by contractual necessity and legitimate interests.^[89] Dayforce adheres to the EU-U.S. Data Privacy Framework to facilitate compliant cross-border data flows, and participants can exercise rights such as data access or deletion via [email protected].^[90] As of November 2025, no major GDPR fines or resolved enforcement actions have been imposed on Dayforce, though the firm maintains a privacy assessment program and biennial security reviews stemming from a prior 2009 FTC consent order.^[89]^[90] In June 2025, the Government of Canada awarded Dayforce a 10-year, $351 million contract to replace the troubled Phoenix payroll system, which has plagued federal employees since 2016 with over $5.1 billion in remediation costs.^[81]^[91] This initiative, extendable to 20 years, aims to modernize HR and pay processes for over 300,000 public servants but has drawn scrutiny from the Office of the Auditor General, which announced an audit in August 2025 to assess implementation risks, procurement fairness, and safeguards against repeating Phoenix's errors.^[92] The probe focuses on potential delays, cost overruns, and data migration challenges, given Dayforce's ongoing user testing sessions and the system's scale—handling 13.4 million payments worth $40.1 billion in 2024.^[92]^[93] As of November 2025, no adverse findings have been released, but the audit underscores government concerns over execution in high-stakes public sector deployments.^[92]

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Dayforce People Connector to Oracle Fusion Cloud HCM. Plan, manage, and optimize global people processes with a single common data source.
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Microsoft Dynamics 365 | Dayforce Exchange
Pair Dayforce's best-in-class Payroll and HCM with Microsoft Dynamics 365 ERP platform using multiple integration options.
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Dayforce Wallet | Dayforce
Dayforce Wallet helps you hold onto your hard-earned money with flexible, fee-free options to access, transfer, and withdraw your on-demand pay.FAQs · Get Dayforce Wallet · On-demand pay · Registration Guide
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Ceridian Transforms the Traditional Payday with Launch of Dayforce ...
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[PDF] 2021 Impact Innovation Award in Digital Wallets - Dayforce Wallet
Dayforce Wallet was a logical extension of the Dayforce platform that revolutionizes payroll with a continuous calculation of payroll in real time. Once ...Missing: early | Show results with:early
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Managed Payroll Services | Dayforce
Dayforce Managed Payroll supports your HR and finance teams so they can focus more on strategy and less on processing payroll.
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Managed Benefits Services | Dayforce
Dayforce's managed benefits services simplifies administration, reduces workload, provides professional knowledge, and helps with benefits administration, ...
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Dayforce managed services offer complete payroll and benefits administration, handling day-to-day tasks, freeing up time for strategic initiatives.
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Dayforce Exchange | Dayforce
Dayforce Exchange helps customers engage with Dayforce partners directly and discover tailored solutions that extend the Dayforce platform and empower their ...Browse all products · Develop Top Talent · AdminaHealth · Question categoriesMissing: marketplace | Show results with:marketplace
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Workforce management and payroll software for retail and hospitality
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Payroll, HR, and workforce management software for the public sector
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Ceridian Becomes Dayforce
Feb 1, 2024 · A global human capital management (HCM) leader that makes work life better, today announced its change in legal name and brand from Ceridian to Dayforce.
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How a focus on data is helping Dayforce tune HCM for the AI era
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Dayforce Leadership | Global HCM Company
David Ossip is Chair and CEO at Dayforce. Under David's leadership, Dayforce is a recognized global leader in human capital management.Meet our Dayforce LeadersCeridian HCM Holding ...Ceridian Announces New ...Ceridian Awards for Innovation ...
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Corporate Governance - Dayforce's Investor Relations
Mr. Ossip is Chair of the Board and CEO for Dayforce, Inc. Mr. Ossip has held the position of Chair since August 2015 and CEO since November 2023.
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Throop has served as a director of Dayforce, Inc. since April 2018 and Lead Director since November 2019. Mr. Throop currently serves on the board of directors ...
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Corporate Governance ; Acquisition and Finance. Brent Bickett · Deborah Farrington · Thomas Hagerty · Ganesh Rao ; Audit. Deborah Farrington · Linda Mantia.
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Dayforce Reports Third Quarter 2025 Results
Oct 29, 2025 · Dayforce® recurring revenue, excluding float, of $333 million, up 14% on a GAAP and constant currency basis. Total revenue of $482 million, ...
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Dayforce revenue was $1.89B for the trailing 12 months ending Sep 30, 2025 ... On Oct 29, 2025, Dayforce (NYSE: DAY) reported Q3 2025 revenue of $481.60 million ...<|separator|>
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Dayforce Reports Fourth Quarter and Full Year 2024 Results¹
Feb 5, 2025 · 7.62 million global employees were live on the Dayforce platform as of December 31, 2024, up 11.4% compared to 6.84 million global employees as ...Missing: headquarters | Show results with:headquarters
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Earnings call transcript: Dayforce Q2 2025 earnings beat forecasts ...
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Dayforce, Inc. (CDAY) IPO - NASDAQ.com
Proposed Symbol, CDAY. Company Name, Dayforce, Inc. Exchange, NYSE. Share Price, $22.00. Employees, 4212 (as of 12/31/2017). Status, Priced. Shares Offered ...
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Ceridian HCM Holding Inc. Announces Pricing of Initial Public Offering
The initial public offering is expected to close on April 30, 2018, subject to the satisfaction of customary closing conditions. The New York Stock Exchange has ...
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Ceridian HCM Holding Inc. Completes Initial Public Offering - Dayforce
The offering was priced at $22.00 per share, resulting in gross proceeds of $631,300,000 when combined with the concurrent $100.0 million private placement and ...
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Dayforce Inc (DAY) Market Cap Today: Live Data & Historical Trends
As of Oct 24, 2025, Dayforce Inc (DAY) has a market capitalization of $10.82B. Over the past 30 days, its market cap has decreased by -0.79%, while in the last ...
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Oct 31, 2025, 68.80, 68.98, 68.68, 68.74, 68.74, 8,343,400. Oct 30, 2025, 68.40, 68.58, 68.30, 68.45, 68.45, 3,162,500. Oct 29, 2025, 68.31, 68.45, 68.31, 68.36 ...<|separator|>
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Goldman Sachs Adjusts Price Target on Dayforce to $96 From $67
Feb 7, 2025 · Dayforce has an average rating of overweight and mean price target of $79.50, according to analysts polled by FactSet.
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Dayforce Ceridian HCM has market share of 3.58% in human-capital-management market. Dayforce Ceridian HCM competes with 62 competitor tools in human-capital- ...
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Dayforce Completes Acquisition of eloomi
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Dayforce Launches Strategic Workforce Planning
Oct 7, 2025 · The availability of Dayforce Strategic Workforce Planning is accelerated by Dayforce's recent acquisition of Agentnoon, a workforce planning ...
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Oct 7, 2025 · The availability of Dayforce Strategic Workforce Planning is accelerated by Dayforce's recent acquisition of Agentnoon, a workforce planning ...
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Dayforce Now Available in the Microsoft Azure Marketplace
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Dayforce Expands Collaboration with Microsoft to Transform HCM ...
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Dayforce Expands Dayforce Partner Network to Power Global ...
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Government of Canada Moves Forward with HR and Pay ...
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Government of Canada Moves Forward with HR and Pay ...
Jun 11, 2025 · The Government of Canada is taking the next step toward replacing the Phoenix pay system to drive efficiency and effectiveness across government.
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Dayforce Continues Global Momentum with Launch of Dayforce
May 29, 2024 · Dayforce is a recognised global leader in payroll allowing customers to streamline and scale with ease in more than 160 countries with a single ...<|separator|>
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Dayforce projects 15% to 17% growth in recurring revenue for 2025 ...
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Shareholder Alert: The Ademi Firm Continues to Investigate Whether ...
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INVESTIGATION ALERT: The Schall Law Firm Announces it is
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NEW YORK, NY / ACCESSWIRE / August 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Dayforce Inc ("Dayforce") ...
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Dayforce Privacy Policy
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Fixing problems with Phoenix payroll system cost taxpayers $5.1 ...
and they'll keep paying extra to ...
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Auditor-General to probe modernization of federal pay system as ...
Aug 25, 2025 · Ottawa recently awarded Dayforce a 10-year contract to replace the Phoenix payroll system.Missing: Ceridian scrutiny
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Dayforce to replace government's troubled Phoenix pay system
Jun 11, 2025 · The new system will be implemented slowly over the next two years in an attempt to avoid a repeat of the pay issues that plagued the last ...<|separator|>