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Ceridian Introduces Dayforce Exchange Platform

Latest Business News

Ceridian Introduces Dayforce Exchange: An Open Marketplace for Enhanced Workforce Management

Ceridian HCM Holding Inc., a global leader in human capital management (HCM) technology, has announced the launch of Dayforce Exchange. This open and connected marketplace extends the capabilities of the Dayforce platform across applications, data, content, and the workforce.

Three Pillars of Dayforce Exchange

Dayforce Exchange comprises three pillars: Talent Exchange, Solution Exchange, and Partner Exchange. These pillars seamlessly integrate with the Dayforce platform, eliminating the need for additional navigation or login experiences. With one security model, one sign-on, and a unified data model, Dayforce Exchange ensures reliability and compliance.

Enhanced Workforce Management

Dayforce Exchange was unveiled at INSIGHTS 2023, Ceridian's annual customer conference. The marketplace aims to address the challenges faced by businesses in blending different functionalities, solutions, and types of work. By providing a single, scalable solution, Dayforce Exchange eliminates data discrepancies and promotes efficiency.

Key Features of Dayforce Exchange

- Talent Exchange: Connects internal and external talent, enabling flexibility for workers and scalability for businesses. It leverages Dayforce Career Explorer to match open roles with talent from third-party talent pools, such as Ideal Talent Marketplace™. Organizations can also tap into their alumni network through Dayforce Alumni Network. - Solution Exchange: Offers access to a rich library of report templates, dashboards, and content built by the Dayforce community. It provides personalized experiences, integration studio connectors, and the latest trends and best practices to enhance organizational agility. - Partner Exchange: Curates a selection of strategic system integrators and technology providers to implement and extend Dayforce functionality. Partners undergo a careful review process to ensure reliability, allowing organizations to browse, download, purchase, and test solutions within the Dayforce environment.

Availability

Dayforce Exchange is expected to be available to Ceridian customers in 2024, providing them with a comprehensive marketplace to enhance their workforce management capabilities. In conclusion, Dayforce Exchange represents Ceridian's commitment to providing a unified and seamless experience for organizations, empowering them to optimize their workforce management and drive success in an ever-changing business landscape.

A Fresh Perspective on Ceridian's Dayforce Exchange

The introduction of Ceridian's Dayforce Exchange could be a game-changer for new businesses seeking to optimize their workforce management. This open and connected marketplace, which seamlessly integrates with the Dayforce platform, extends its capabilities across applications, data, content, and the workforce, offering a unified and efficient solution.

Implications for New Businesses

For new businesses, the three pillars of Dayforce Exchange - Talent Exchange, Solution Exchange, and Partner Exchange - can address the challenges of blending different functionalities, solutions, and types of work. By eliminating data discrepancies and promoting efficiency, Dayforce Exchange could significantly enhance operational effectiveness.

Enhancing Workforce Management

Dayforce Exchange also offers a comprehensive solution for workforce management. With features like connecting internal and external talent, providing access to a rich library of report templates and dashboards, and curating a selection of strategic system integrators and technology providers, it empowers businesses to optimize their workforce management.
Driving Success in a Changing Business Landscape
In conclusion, the launch of Dayforce Exchange underscores Ceridian's commitment to driving success in an ever-changing business landscape. By providing a unified and seamless experience, Ceridian is empowering organizations, particularly new businesses, to optimize their workforce management and navigate the complexities of the modern business environment.
Story First Published at: https://financialpost.com/globe-newswire/ceridian-launches-dayforce-exchange
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