Dayforce HCM ROI

Thomas Noorkah - PeerSpot reviewer
Director of Enterprise Financial Systems at City of Columbus

Our focus was more on modernization than cost savings. The ROI is that we're offering our employees 21st-century technology, like mobile applications and web services, things that new employees would expect from a modern employer. We are more efficient in getting the payroll out on time and our accuracy has improved. We are mostly able to configure versus reprogram when benefits, pay policies or leave changes occur due to contract renegotiations or MOUs. 

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Ruth Ryan - PeerSpot reviewer
HRIS Coordinator at a maritime company with 201-500 employees

Considering factors such as time, money, and resources, using the solution had provided our company with a significant return on investment. With the solution, everything was consolidated into one place, allowing me to retire from my role as administrator and take up the role of the coordinator of the system. I also could focus on other responsibilities in the organization. I no longer had to worry about managing forms and processes separately, as everything could be handled efficiently on Ceridian Dayforce HCM. In the past, a lot of time at work was spent trying to put everything together in one place. However, Ceridian Dayforce HCM can easily function with whichever third-party provider you prefer. This makes the process simple and quick if necessary, and the return time on getting resumes is candid and rapid. Therefore, one good thing about this product is the quick turnaround compared to relying on just one system. It is a very good product. Statistically, I have seen an ROI of ten percent since it is a small company.

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EA
HRIS Manager at a real estate/law firm with 1,001-5,000 employees

I have not seen any return on investment from the use of the solution, considering the payments I need to make to maintain the system. If I want to start working on a new project with Ceridian Dayforce HCM, I need to pay separately for the tool so that I can use it for those projects.

Recently, I feel like the tool has changed its process, meaning when a project gets assigned to somebody, it takes forever to get assigned. When the tool needs to work on something, it might take seven months to get it completed for its users to be able to use it, which makes users feel like the solution is a waste of money and time.

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Buyer's Guide
Dayforce HCM
April 2024
Learn what your peers think about Dayforce HCM. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,578 professionals have used our research since 2012.
Elsa Lopez-Barreto - PeerSpot reviewer
Dayforce Payroll Consultant at HorusPay

Considering the ROI angle, I would say that the solution is worth the money.

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AN
Principal WFM Consultant at a tech services company with 501-1,000 employees

Dayforce is worth what we pay for it. If someone is late or absent, you can account for it. We save overtime and other payroll costs at the end of the month.

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RN
Human Resources Manager at Camex Equipment Sales & Rentals

We paid for the implementation costs in the first year with the money that we saved by switching to Dayforce HCM.

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Buyer's Guide
Dayforce HCM
April 2024
Learn what your peers think about Dayforce HCM. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,578 professionals have used our research since 2012.