On May 14, 2025, Dayforce Inc. (NYSE: DAY; TSX: DAY), a prominent player in global human capital management (HCM), announced its partnership with Hubexo, a leader in construction data and technology. This strategic collaboration is aimed at transforming Hubexo s workforce management capabilities by consolidating its diverse HR systems into a unified platform. Dayforce s cutting-edge solutions will not only streamline people operations but also enhance the overall employee experience for Hubexo s 2,400 employees spread across 25 countries.
The decision comes as Hubexo seeks to establish a single source of truth for its human resources processes, moving away from fragmented systems to ensure better data integrity and accessibility. By leveraging Dayforce s innovative technology, Hubexo aims to deliver a best-in-class offering to its global workforce, improving operational efficiency and enhancing employee engagement.
Dayforce s announcement of its collaboration with Hubexo also coincides with encouraging company performance metrics. In its first quarter of 2025, Dayforce reported a return on assets (ROA) of 0.29%, significantly above its average ROA of 0.02%. This positive development underlines a notable increase from 0.2% in the previous quarter, indicating a growth in net income and operational efficiencies. In this competitive landscape, 130 other companies within the Technology sector reported a higher ROA, yet Dayforce s improved ranking for ROA has risen from 2434 to 1218 as of March 31, 2025.
The combination of Hubexo s industry expertise in construction and Dayforce s human capital solutions signifies a strong partnership that promises to drive workforce optimization and enhance the future of work within the construction sector. This initiative will likely strengthen Hubexo s position as a data-driven organization while showcasing Dayforce s capabilities in providing robust HCM solutions.
As both companies move forward together, the collaboration is set to redefine workforce management strategies, positioning them to respond effectively to the evolving demands of the construction industry and beyond.
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