When it comes to choosing a cloud-based human capital management (HCM) solution for your organization, you have many options to choose from. Two of the most popular solutions on the market today are Ceridian Dayforce and Workday. In this article, we'll take a close look at each of these solutions to help you decide which one is right for your organization.
Ceridian Dayforce
Ceridian Dayforce is a cloud-based HCM solution that offers a comprehensive set of features and tools to help organizations manage their human capital. Dayforce includes modules for workforce management, payroll, benefits, talent management, and more. Dayforce also offers a mobile app that allows employees to access their information and perform self-service tasks on the go.
Workforce Management
The workforce management module in Dayforce helps organizations manage their workforce by providing tools for time and attendance, scheduling, leave management, and more. The time and attendance module can be used to track employee time, schedule shifts, and manage time-off requests. The scheduling module can be used to create and manage employee schedules. The leave management module can be used to track employee leave balances and requests. Dayforce also offers a mobile app that allows employees to clock in and out, view their schedules, and request time off from their mobile devices.
Payroll
The payroll module in Dayforce can be used to process payroll, calculate taxes, and generate reports. The payroll module can also be used to manage employee direct deposit information and generate W-2 forms. Dayforce offers a mobile app that allows employees to view their pay stubs and W-2 forms from their mobile devices.
Benefits
The benefits module in Dayforce can be used to manage employee benefits information, enroll in benefits plans, and submit claims. The benefits module can also be used to generate reports on benefits usage. Dayforce offers a mobile app that allows employees to view their benefits information and submit claims from their mobile devices.
Talent Management
The talent management module in Dayforce can be used to manage employee performance, development, and succession planning. The performance module can be used to track employee performance goals and objectives. The development module can be used to create and manage employee development plans. The succession planning module can be used to identify and develop future leaders. Dayforce offers a mobile app that allows employees to view their performance information and development plans from their mobile devices.
Workday
Workday is a cloud-based HCM solution that offers a comprehensive set of features and tools to help organizations manage their human capital. Workday includes modules for financial management, talent management, workforce management, and more. Workday also offers a mobile app that allows employees to access their information and perform self-service tasks on the go.
Financial Management
The financial management module in Workday can be used to manage finances, accounting, and procurement. The module can also be used to generate reports on financial data. Workday offers a mobile app that allows employees to view their financial information and submit expense reports from their mobile devices.
Talent Management
The talent management module in Workday can be used to manage employee performance, development, and succession planning. The performance module can be used to track employee performance goals and objectives. The development module can be used to create and manage employee development plans. The succession planning module can be used to identify and develop future leaders. Workday offers a mobile app that allows employees to view their performance information and development plans from their mobile devices.
Workforce Management
The workforce management module in Workday helps organizations manage their workforce by providing tools for time and attendance, scheduling, leave management, and more. The time and attendance module can be used to track employee time, schedule shifts, and manage time-off requests. The scheduling module can be used to create and manage employee schedules. The leave management module can be used to track employee leave balances and requests. Workday also offers a mobile app that allows employees to clock in and out, view their schedules, and request time off from their mobile devices.
Conclusion
Both Ceridian Dayforce and Workday offer a comprehensive set of features and tools to help organizations manage their human capital. Dayforce offers a mobile app that allows employees to access their information and perform self-service tasks on the go. Workday also offers a mobile app that allows employees to access their information and perform self-service tasks on the go. Choose the solution that is right for your organization.