Dayforce Announces Dayforce Strategic Workforce Planning
13 November 2024 - 2:00PM
Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital
management (HCM) leader that makes work life better, today
announced Dayforce® Strategic Workforce Planning, a new AI-enhanced
solution purpose-built to tackle complex workforce planning needs.
Embedded within the all-in-one Dayforce platform, Dayforce
Strategic Workforce Planning delivers valuable intelligence to help
leaders make informed decisions on current and future workforce
needs, in real-time and at scale.
The announcement was made at the company’s flagship customer
conference, Dayforce Discover, being held in Las Vegas and
livestreamed online. Thousands of attendees are discovering how to
unlock their people potential, operate with confidence, and realize
quantifiable value through the all-in-one Dayforce platform.
Anchored in the company’s brand promise, Makes Work Life Better,
the conference ignites the power of the Dayforce community to
discover what’s possible.
Strategic workforce planning is a challenging task for
organizations due to the multitude of influencing factors,
including local legal requirements, global compliance complexities,
skill and competency scarcities, talent supply and demand needs,
and a variety of company-specific labor considerations.
Organizations today often turn to disparate vendors, but – without
a single source of truth – crucial information can get lost or
distorted, making it difficult for leaders to see the full picture
of their business. Fragmented user experiences and manual processes
from these disparate and other legacy systems make this critical
work time consuming, keeping leaders from staying agile.
With Dayforce Strategic Workforce Planning, customers will
benefit from:
- Centralized real-time
data: Access accurate real-time pay and employee data –
such as the supply and demand of worker skills, absence and
overtime trends, and fluctuating labor demand – and combine it with
third-party sources, giving one holistic view when analyzing
problems with both internal and external inputs.
- Automation: Assist
with reducing the cumbersome task of manually compiling data from
various areas – including collective bargaining agreements,
employee seniority, skilled workforce details by region – and help
customers draw deeper insights from this data with machine
learning-enhanced demand forecasting.
- Elevated user
experience: Help accomplish goals and associated KPIs with
a conversational user interface, which makes manipulating data,
crafting workflows, and creating visual data representations simple
when modeling out different scenarios.
- Agility and
accuracy: Keep track of variances in costs and see a clear
line of sight into the plan through AI-enhanced predictions and
“what if” scenarios.
“In an ever-changing work landscape, effective workforce
planning is critical to help organizations stay competitive,
operate with greater confidence, and propel businesses forward,”
said Joe Korngiebel, Chief Strategy, Product, and Technology
Officer, Dayforce, Inc. “Dayforce Strategic Workforce Planning is a
game-changer for our customers as it delivers next-generation,
AI-enhanced workforce planning capabilities powered by real-time
data, automated scenario building, and predictive insights – all
within our single Dayforce people platform.”
Dayforce Strategic Workforce Planning will be available to
Dayforce customers in 2025.
Additional Information
- Read the press release, “Dayforce Announces Dayforce AI
Agents”
- Read the press release, “Dayforce Introduces Dayforce
Communications”
- Read the press release, “Dayforce Elevates Partner Experience
with Enhanced Dayforce Partner Network”
- Read the press release, “15th Annual Dayforce Pulse of Talent
Report: Leaders Face Balancing Act Between Culture and the Need for
Efficiency and Agility”
About Dayforce
Dayforce makes work life better. Everything we do as a global
leader in HCM technology is focused on improving work for thousands
of customers and millions of employees around the world. Our
single, global people platform for HR, Pay, Time, Talent, and
Analytics equips Dayforce customers to unlock their full workforce
potential and operate with confidence. To learn how Dayforce helps
create quantifiable value for organizations of all sizes and
industries, visit dayforce.com.
Forward-Looking StatementsThis press release
contains forward-looking statements that involve a number of risks
and uncertainties. Statements that are not historical facts,
including statements regarding the impact of the availability of
Dayforce Strategic Workforce Planning, and our expectations, hopes,
intentions, or strategies regarding the future or functionalities
of Dayforce Strategic Workforce Planning are forward-looking
statements. Forward-looking statements are based on management's
beliefs, as well as assumptions made by, and information currently
available to, management. Because such statements are based on
expectations as to the future and are not statements of fact,
actual results may differ materially from those projected. These
forward-looking statements are not guarantees of future performance
and speak only as of the date hereof, and, except as required by
law, we undertake no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
This press release should be read in conjunction with the risks
detailed in the “Cautionary Note Regarding Forward-Looking
Statements”, “Forward-Looking Statements”, “Risk Factors”, and
other sections of Dayforce’s Quarterly Reports on Form 10-Q, Annual
Reports on Form 10-K and other reports we file with the Securities
and Exchange Commission. Copies of reports filed with the
Securities and Exchange Commission are posted on our website and
are available from us without charge.
Media Contact Allison Hacker +1 425-785-8276
allison.hacker@dayforce.com
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