Dayforce HCM, formerly known as Ceridian, is a powerful, all-in-one platform that has the potential to simplify and enhance human capital management (HCM). It integrates essential human resource (HR) functions, such as payroll, talent management, and workforce management, into a unified system, helping businesses operate more efficiently and effectively.
What sets Dayforce apart is its innovative use of artificial intelligence (AI), which automates processes, provides actionable insights, and ensures a seamless experience for employers and employees.
Find out how to use Dayforce HCM for your business in this comprehensive article.
Navigate To The Dashboard
Dayforce offers an intuitive dashboard where users can find all the software’s functionalities and an overview of pending and ongoing tasks.
Skip these steps if you’re an existing user of Dayforce HCM.
- Use the platform’s customization tools to tailor it to your company’s specific needs, ensuring seamless alignment with its policies, procedures, and operational workflows
- Set up employee profiles with personal, job-related, and compensation information
- Define roles and permissions to ensure users have appropriate access levels
Process Payroll
Dayforce automates calculations, tax filings, and compliance, simplifying payroll processing while reducing the risk of errors and ensuring timely payments. Here’s how to use it effectively:
- Begin by inputting employee data, such as salary details, bank information, and tax withholdings
- Configure payment schedules (e.g., weekly, bi-weekly, monthly, or on-demand) to align with your organization’s policies
- Use the platform to process payroll in real time. Dayforce automatically calculates gross-to-net pay, deductions, and taxes, ensuring accuracy and compliance with local, state, and federal regulations
- Access detailed payroll reports for auditing, analysis, and compliance purposes. These reports may include error summaries, compliance risk assessment, tax documentation, and more
Use Talent Management Tools
These tools help organizations attract, develop, and retain top talent, creating a more engaged and productive workforce. Key steps include:
- Use Dayforce's AI-powered tools to identify the best candidates by analyzing resumes and matching them to job requirements
- Track applicants through every stage of the hiring process, from resume screening to interviews
- Create customized employee onboarding plans to welcome new hires
- Automate the distribution of offer letters, contracts, and policy documents
- Use checklists to ensure new employees complete all necessary tasks, such as setting up their email accounts or attending orientation sessions
Optimize Scheduling With Workforce Management Tools
Dayforce offers robust workforce management tools, allowing companies to optimize schedule and time tracking while maintaining compliance with labor laws. Here’s how to use these tools:
- Create employee schedules based on demand, availability, and labor laws. Benefit from Dayforce's AI-driven scheduling tools to predict staffing needs and recommend optimal schedules
- Use the platform’s timekeeping tools to monitor attendance and hours worked
- Handle vacation requests, sick leave, and other absences efficiently
Manage Employee Benefits
The software simplifies benefits enrollment and management, allowing employees to easily access and manage their benefits. You can set up benefits by following the steps below:
- Oversee employee enrollments efficiently within the platform
- Use the 'Benefits Intelligence' engine to understand benefit elections and forecast enrollment trends
- Analyze the financial impact of different plan adoptions to balance employee preferences with company budgets
- Conduct what-if analysis to model adjustments and identify opportunities for cost improvements
- Set up decision support tools to guide employees during enrollment, ensuring they choose plans that best fit their needs
Generate Reports
Leverage Dayforce’s analytics tools to gain insights into your workforce and make data-driven decisions. Key steps include:
- Access pre-built templates or create custom reports tailored to your organization’s specific needs, ensuring you capture the most relevant data
- Generate reports using real-time data, providing up-to-date information on employee benefits enrollment, usage, and costs
- Schedule reports to be automatically generated and delivered to stakeholders, saving time and ensuring consistency
- Track key performance indicators (KPIs) to measure success. Use the Dayforce’s dashboard to access real-time metrics, such as employee engagement scores, turnover rates, and payroll costs
If you're still unsure or want a deeper understanding of the software's functionality, we recommend booking a free Dayforce HCM demo. This hands-on walkthrough will give you a comprehensive look at the platform’s features, helping you see how it can streamline your HR and payroll processes.
