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Dayforce HCM is a human capital management (HCM) software that offers multiple pricing tiers and plans, typically on a subscription basis. 

HR professionals use Dayforce HCM to manage payroll, benefits, workforce management, and talent management.

This guide covers everything you need to know about Dayforce HCM pricing plans and features to help you make an informed purchase decision.

How Much Does Dayforce HCM Cost?

Dayforce HCM does not share pricing information publicly. According to their website:

"HR software is often sold using a subscription model based on the number of employees who will be using the product. Cost also varies based on the number of components included in the package, as well as the complexity of the company’s organisational structure."

Interested parties can contact Dayforce directly for pricing details, and the platform is available for purchase in multiple countries.

Dayforce HCM Plans & Pricing Tiers

Here's an overview of the available Dayforce HCM plans:

Plan TypePriceWhat’s Included?
BasicUpon requestPayroll, Benefits Administration, Time & Attendance, Onboarding, Recruiting/ATS, Performance, Compensation & Succession, Engagement, Learning
StandardUpon requestAll Basic features, plus Advanced Analytics, Compliance Management, Employee Self-Service, Mobile Access, Direct Deposits, Multi-State Tax Management
PremiumUpon requestAll Standard features, plus Custom Reporting, AI Integration, Workforce Planning, Talent Management, Flexible Payment Schedules, Executive Dashboard, Real-Time Insights, Global HR Ecosystem
Dayforce HCM pricing tiers.

Let’s break down the available Dayforce HCM plans a bit further:

Dayforce HCM Basic Plan

Ideal for small to mid-sized businesses with 350 to 1,000 employees, this plan focuses on essential HR functionalities like payroll, benefits administration, and time & attendance.

The basic plan is best suited for companies looking to streamline basic HR processes and improve operational efficiency.

Dayforce HCM Standard Plan

Designed for mid-sized enterprises with 1,000 to 5,000 employees, this plan includes additional modules such as onboarding, recruiting/ATS, and performance management.

This plan is ideal for companies aiming to enhance their talent acquisition and employee engagement strategies.

Dayforce HCM Premium Plan

Targeted at larger enterprises with complex HR needs, this plan offers a comprehensive suite of modules including compensation & succession, engagement, and learning. 

The premium option is best suited for organizations looking to fully integrate and optimize their HR processes.

Dayforce HCM Pricing Vs. Competitors

While their website is scant on details, Dayforce HCM is generally considered to be on the higher end of the pricing spectrum for Human Capital Management (HCM) software. The platform offers multiple pricing tiers, including Standard, Select, and Signature, each designed to cater to different organizational needs and payroll complexities. 

Dayforce provides a comprehensive feature set that includes HR, payroll, benefits, talent management, and workforce management. Integrations are available across all tiers, and the platform is built with robust security safeguards.

However, specific pricing details are not disclosed on their website, and potential customers are encouraged to contact Dayforce for a customized quote.

Comparison Chart: Dayforce HCM vs. Alternatives

Wondering how Dayforce HCM pricing compares to other human capital management (HCM) software? Here’s a comparison chart that breaks down the costs of other human capital management (HCM) software side-by-side:

Tools Price
Deel Flat rate user pricing, with a free version for businesses with up to 200 people
Paycor Pricing upon request
Rippling From $8/user/month, (billed annually).
PrimePay Flat user pricing, upon request
Arcoro Pricing upon request
Oracle HCM Cloud From $13/user/month, with a minimum of 1000 employees
Eddy From $8/employee/month + a $49 base fee/month
eXo Platform From $5/user/month
Sage People From $10/user/month
UZIO From $4/month/employee
Compare Software Specs Side by Side

Compare Software Specs Side by Side

Use our comparison chart to review and evaluate software specs side-by-side.

Compare Software

Alternatives to Dayforce HCM

Dayforce HCM is a solid human capital management (HCM) solution, but there are plenty of other options out there.

Depending on your use case, budget, team size, and other factors, you might consider shopping around for a solution that’s better suited to your needs. 

If you’re looking for alternative human capital management (HCM) software options to Dayforce HCM, here are a few worth checking out:

  • Workday HCM: Known for its intuitive user interface and comprehensive analytics capabilities.
  • ADP Workforce Now: Offers extensive payroll functionalities and compliance management.
  • SAP SuccessFactors: Provides robust talent management and employee experience tools.
  • Oracle HCM Cloud: Features advanced AI and machine learning for predictive analytics.
  • BambooHR: Ideal for small to medium-sized businesses with its user-friendly design and affordable pricing.
  • Ultimate Software UltiPro: Excels in employee engagement and comprehensive HR solutions.

How To Choose The Right Dayforce HCM Plan

When deciding which Dayforce HCM plan to go with, you’ll want to ensure you’re not paying too much for features you don’t need as you can always upgrade later down the line.

Here are a few key factors to consider:

Dayforce HCM Scalability and Team Size

Evaluating the scalability of Dayforce HCM is crucial for aligning with your team’s size and growth trajectory. 

Whether you manage a small team of 100 employees, a mid-sized company with 1,000 employees, or a large enterprise with over 12,000 employees, Dayforce HCM offers tailored solutions.

For instance, small teams might focus on basic HR and payroll functionalities, while larger teams can leverage advanced features like AI-driven insights and global workforce management. 

This ensures that as your team grows, Dayforce HCM scales to meet your evolving needs.

dayforce hcm scalability and team size screenshot
Dayforce HCM scales for small to large enterprises, accommodating diverse team sizes.

Industry-Specific Dayforce HCM Features

Evaluate if Dayforce HCM can meet your specific industry needs. Dayforce HCM offers features tailored to various industries, such as predictive analytics for recruiting in professional services, continuous payroll calculation for manufacturing, and workforce optimization for retail. 

These features help your team make data-driven decisions, reduce administrative tasks, and improve efficiency. Dayforce's industry-specific features are available across different plans, ensuring flexibility and scalability for your business needs.

dayforce hcm industry specific features screenshot
Dayforce HCM provides tailored features for various industries' unique needs.

Dayforce HCM Integration Capabilities

Connecting your Human Capital Management (HCM) software with your existing tech stack is crucial for seamless operations and data flow. Dayforce HCM offers native integrations and an open API platform through its Integration Studio, allowing you to connect with various systems and applications.

It supports third-party integration tools like Zapier, enabling you to automate workflows without extensive coding. This flexibility helps your team manage HR, payroll, and workforce data efficiently, reducing manual work and errors.

dayforce hcm integration capabilities screenshot
Dayforce HCM offers robust integration with various HR, payroll, and ERP systems.

Dayforce HCM Security Safeguards

When choosing a Dayforce HCM plan, you need to consider the safety and security features included. Dayforce HCM offers role-based access controls, audit trails, data encryption, and multi-factor authentication (MFA) to protect sensitive information. 

Notification systems alert you to important account activities, and user activity logging tracks operations within the application.

These features vary between plans, with more advanced options providing additional layers of security and support. Regular audits and a commitment to cybersecurity from the Board of Directors ensure that your data remains secure.

dayforce hcm security safeguard screenshot
Dayforce HCM ensures data security with advanced encryption and compliance measures.

Dayforce HCM Pricing FAQs

Here are answers to a few common questions about Dayforce HCM pricing:

Is Dayforce HCM Good Value?

In my opinion, Dayforce HCM offers substantial value for organizations seeking a versatile and reliable human capital management solution.

Its features, such as real-time data access, payroll management, and workforce analytics, cater well to mid-sized to large enterprises. 

The pricing, while on the higher side, is justified by its extensive functionality and integration capabilities with other business systems. 

The user interface is intuitive, making it easier for HR teams to navigate and manage tasks efficiently, support is responsive, and the onboarding process is straightforward.

Industries with complex workforce management needs, such as retail, healthcare, and manufacturing, will find Dayforce HCM particularly beneficial. For example, a retail company can effectively manage employee schedules and payroll, ensuring compliance with labor laws.

Verdict: Dayforce HCM is a valuable investment for businesses that require a comprehensive and integrated HCM solution.

Want to learn more about Dayforce HCM? Check out their site for additional information.

Price:

Pricing upon request

Trial:

60-day free trial

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Faye Wai
By Faye Wai

Faye Wai is a HR Technology Analyst and contributor to People Managing People, with a background in branding, public relations, and content marketing. She has vet vendors as an end-user in both consultancy and in-house capacities, providing her with a unique perspective on the challenges and opportunities within the people operations sector.