| Market Capitalization (Millions $) |
10,824 |
| Shares
Outstanding (Millions) |
156 |
| Employees |
9,084 |
| Revenues (TTM) (Millions $) |
1,450 |
| Net Income (TTM) (Millions $) |
4 |
| Cash Flow (TTM) (Millions $) |
303 |
| Capital Exp. (TTM) (Millions $) |
25 |
Ceridian Hcm Holding Inc
Ceridian is a multinational software business that specializes in human capital management ("HCM"). Our main cloud HCM platform, Dayforce, offers human resources ("HR"), payroll, benefits, workforce management, and talent management capabilities. We sell Powerpay, a cloud HR and payroll solution for the Canadian small company market, in addition to Dayforce, through both direct sales and established partner channels.
We invest in maintenance and necessary updates to support our Bureau customers and continue to migrate them to Dayforce. Revenue from our Cloud and Bureau solutions include investment income generated from holding customer funds before funds are remitted to taxing authorities, also referred to as float revenue or float.
Our five strategic growth levers drive our long-term perspectives, near-term decision making and stockholder alignment:
Acquiring new customers in the markets where we have seen success to date;
Extending the Dayforce platform, thereby allowing us to deliver more value to our current and prospective customers;
Expanding within the Enterprise segment;
Accelerating our global expansion both by serving local customers in new geographies, and by extending our scope to service global multinational customers; and finally,
Driving incremental value for our customers by innovating in adjacent markets around our core HCM suite, such as the Dayforce Wallet.
Dayforce, our principal cloud HCM platform, is a single application that provides continuous real-time calculations across all modules to enable, for example, payroll administrators access to data through the entire pay period, and managers access to real-time data to optimize work schedules. Dayforce offers a comprehensive range of functionality, including global HR, payroll, benefits, workforce management, and talent management on web and native iOS and Android platforms. Our Dayforce mobile app enables employees not only to request and to trade schedules, but also to see the real-time impact of schedule changes on their pay. Our Dayforce platform is used by organizations, regardless of industry or size, to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing their people. Key functionality of our Dayforce platform includes HR, payroll and tax, Dayforce Wallet, benefits, workforce management, and talent management. In 2021, we received several accolades for our Dayforce solution, including Leader in the 2021 Gartner Magic Quadrant for Cloud HCM Suites for the second consecutive year, and CIPD People Management Awards: Best Human Resources/Learning & Development Supplier; Human Resources Director Asia - 5 Star HR Software; Aite-Novarica Digital Wallet Impact Innovation Award.
Dayforce Human Resources functionality provides customers with a single, complete record for all employees. Our HR functionality is centered on a comprehensive, flexible workflow engine that streamlines and automates administrative tasks.
Our payroll capabilities provide customers with the tools needed to manage their payroll processes accurately and in compliance. Through our Dayforce platform, users with localized payroll functionality are able to make updates to time and pay in real-time. In countries where we do not currently offer localized payroll within Dayforce, Dayforce ConnectedPay provides payroll aggregation features that allow an organization to have a centralized view of their global payroll. ConnectedPay automates the data exchange with in-country payroll providers, including our global Cloud solutions from acquired businesses, and provides a consistent self-service experience for employees to view earnings statements and associated payroll documentation. Dayforce calculates, withholds, and files payroll related taxes in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, and Mauritius as part of our localized payroll offering.
Company Address: 3311 East Old Shakopee Road Minneapolis 55425 MN
Company Phone Number: 853-8100 Stock Exchange / Ticker: NYSE CDAY
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2.7%