Dayforce, Inc., formerly Ceridian, is a provider of

human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ' ...

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

and services with employees across its global footprint in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

Middle East The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western Eur ...

, Latinamerica,

Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...

( EMEA), and the Asia Pacific

Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...

(APJ) region. It is a publicly traded company on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

and

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

. Dayforce is also the name of the company's cloud Human Capital Management (HCM) platform, which covers the full suite of human capital management software, including payroll, tax filing, benefits, HR, talent intelligence, workforce management, and recruiting technology.

History

Dayforce, formerly Ceridian, is a descendant of

Control Data Corporation Control Data Corporation (CDC) was a mainframe and supercomputer company that in the 1960s was one of the nine major U.S. computer companies, which group included IBM, the Burroughs Corporation, and the Digital Equipment Corporation (DEC), the N ...

(CDC). In 1992, Ceridian Corporation was founded as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957. The computer product business was spun-off as Control Data Systems (CDS) and took the Control Data name. In March 2001, Ceridian was split into two independent companies, with the "old" Ceridian Corporation changed its name to

Arbitron Nielsen Audio (formerly Arbitron) is a consumer research company in the United States that collects listener data on radio broadcasting audiences. It was founded as the American Research Bureau by Jim Seiler in 1949 and became national by mergin ...

and the rest of company (consisting of human resources services and Comdata business) took the Ceridian name. In 2007, Ceridian was acquired for $5.3 billion USD by Thomas H. Lee Partners and Fidelity National Financial (FNF). Ceridian common stock ceased trading on the

NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

before commencement of trading on November 9, 2007 and was delisted from the NYSE. In March 2012, Ceridian completed its acquisition of Dayforce, a single SaaS application for HR, payroll, tax, benefits, workforce management, talent management, and several related activities. In October 2013, Ceridian announced the legal separation of its Human Capital Management and payments businesses. Ceridian completed the separation on October 1, 2013 through a series of transactions, which resulted in the payments business being operated as Comdata Inc. (“Comdata”), and the HCM business being operated as Ceridian HCM Holding Inc. (“Ceridian HCM”). In April 2018, Ceridian went public in an initial offering that raised over $400 million. In September 2019, Ceridian acquired Australia-based enterprise HR software company Riteq. In April 2020, Ceridian acquired an Asian HCM (Excelity Global Solutions). On March 1, 2021, Ceridian completed the acquisition of Ascender HCM. On December 3, 2021, Ceridian acquired the US-based ADAM Human Capital Management which was a leading provider of payroll and HCM software and services for 33 countries in the Latin American, Brazilian, and Caribbean markets. On February 1, 2024, Ceridian transitioned the company’s brand to Dayforce and its ticker symbol to DAY on the New York Stock Exchange and Toronto Stock Exchange, replacing its previous symbol "CDAY", which was used since the company’s initial public offering in 2018.

Leadership

* David Ossip, Chairman and Chief Executive Officer (2013–present)

References

External links

{{authority control, state=expanded Control Data Corporation 1982 establishments in Minnesota Fidelity National Financial American companies established in 1992 Consulting firms established in 1992 Software companies established in 1992 Companies based in Bloomington, Minnesota Software companies based in Minnesota International management consulting firms International information technology consulting firms Human resource management software ERP software companies Companies listed on the New York Stock Exchange 2007 mergers and acquisitions 2018 initial public offerings Software companies of the United States Business services companies of the United States

History

Leadership

References

Further reading

External links