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Dayforce Inc

DAY: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$22.00FcgpxhmPdsydbzd

Dayforce Continues to Take Share of the Sticky Enterprise Market

Business Strategy and Outlook

Dayforce offers payroll and human capital management solutions via its flagship Dayforce platform, secondary platform Powerpay, and legacy Bureau products. The company has taken share of the expansive and growing HCM market through the appeal of its agile cloud-based solutions that offer an alternative to legacy on-premises solutions or solutions cobbled together using multiple databases or platforms. Dayforce derives most of its revenue from Dayforce, which is geared to larger enterprises wishing to streamline human resources operations across multiple jurisdictions and leverage the platform’s scalable infrastructure.

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