Company Description
Dayforce, Inc. (NYSE: DAY; TSX: DAY) is a technology company in the Software – Application sector that focuses on human capital management (HCM). The company describes itself as a global HCM leader that "makes work life better" by helping organizations enable thousands of customers and millions of employees to do the work they are meant to do. Dayforce centers its business on a single AI-powered people platform that brings together HR, Pay, Time, Talent, and Analytics in one environment.
According to company disclosures and recent news releases, Dayforce serves organizations of different sizes and across multiple industries. Its flagship Dayforce platform is cloud-based and is used by large businesses to manage areas such as payroll, tax, benefits, and talent intelligence. The company also services the Canadian human capital management market with its Powerpay platform, which targets customers with fewer than 100 employees. Dayforce states that organizations benefit from "simplicity at scale" on its platform, using unified data and workflows to help unlock workforce potential, operate with confidence, and realize quantifiable value.
The Dayforce platform is built as a single application and single data model, which the company emphasizes as a differentiator. This architecture underpins its AI capabilities, including Dayforce AI Agents and Dayforce AI Workspace. Dayforce AI Agents are described as purpose-built agents that embed intelligence directly into workflows across HR, Pay, Time, and Talent. They are designed to reduce manual workload, minimize errors, and support smarter, faster decisions. Examples highlighted by the company include people analytics agents that surface role-based insights, content authoring agents that help draft HR-related communications, pay agents that explain earnings and variances, and time agents that support schedule and time-off management.
Dayforce AI Workspace is presented as a secure, digital workspace where people and AI collaborate. Built on the same single data model as the rest of the platform, it is intended to allow AI-powered intelligence to operate across HR, payroll, finance, and compliance use cases. The company notes that this workspace supports use cases such as compliance monitoring with AI-enhanced impact analysis, employee action plans based on engagement survey data, performance coaching support for managers, HR analysis and reporting, and employee milestone management for events like onboarding or role changes.
Dayforce also highlights its Strategic Workforce Planning capability, which extends its AI-powered people platform into workforce planning. This offering is based in part on the acquisition of Agentnoon, a workforce planning solution. Dayforce describes Strategic Workforce Planning as a tool that helps organizations connect workforce planning to business outcomes by converting complex and siloed planning processes into an intuitive, collaborative, and efficient experience. The company states that customers can tackle weeks of planning in minutes, gain a clear view of their entire workforce and cost drivers, run "what if" scenarios, and collaborate across HR, Finance, and business stakeholders using a single shared view of workforce plans.
In addition to its own platform capabilities, Dayforce invests in a partner ecosystem through the Dayforce Partner Network (DPN). The network is built on three pillars—Service Delivery, Community, and Technology & Innovation—and is intended to give customers more choice, flexibility, and faster time-to-value. Dayforce has announced partnerships with firms such as Deloitte, CGI, Align HCM, and HCLTech to expand implementation capacity and domain expertise. It also collaborates with technology partners including Microsoft, DocuSign (for eSignature), Emburse (for expense management), and Go1 (for learning content), and has introduced a Carrier Partner Program to support benefits delivery via direct API integrations.
Dayforce emphasizes its collaboration with Microsoft as a key part of its technology strategy. The company states that the Dayforce platform is built end-to-end with Microsoft technologies such as Microsoft Azure, Microsoft Power BI, Microsoft Entra ID, Microsoft Teams, and .NET. Through integration with Microsoft Copilot Studio, customers can build and deploy custom AI agents that operate within Dayforce and across Microsoft tools, unifying HR, payroll, IT, and operations workflows. This integration is positioned as a way to achieve interoperability, faster innovation, and more value from existing technology investments.
Beyond software capabilities, Dayforce regularly publishes research and reports related to work and workforce trends. Examples include the "Pulse of Talent" report, which surveys workers, managers, and executives across several countries, and "The Retirement Divide," which analyzes disparities in retirement savings among American workers by income, gender, race and ethnicity, age, and other factors. These research efforts draw on anonymized and aggregated data from participating Dayforce clients and are used to highlight issues such as AI training gaps, reskilling needs, and retirement inequality.
From a corporate perspective, Dayforce is listed on the New York Stock Exchange under the symbol DAY and on the Toronto Stock Exchange under the same symbol. SEC filings show that on August 20, 2025, the company entered into an Agreement and Plan of Merger with affiliates of Thoma Bravo, under which a Thoma Bravo–affiliated entity will acquire Dayforce and Dayforce will become a wholly owned subsidiary of the acquiring parent. A subsequent Form 8-K dated November 12, 2025 reports that Dayforce stockholders approved this acquisition at a special meeting. The closing of the transaction remains subject to customary closing conditions and required regulatory clearances, and until completion, Dayforce continues to operate as a public company.
Dayforce’s regulatory filings also describe activities such as a commitment agreement with an insurer to transfer defined benefit pension obligations for certain U.S. employees via a group annuity contract. The company notes that this transfer is intended to shift responsibility for paying pension benefits for the covered participants to the insurer, funded by plan assets and a cash contribution by Dayforce, with no change to the amount of benefits payable to those participants.
Across its disclosures, Dayforce consistently positions its business around a unified, AI-powered HCM platform, a growing ecosystem of partners, and research-based insights into workforce dynamics. Investors and users looking at DAY stock are therefore examining a company that combines cloud-based HCM applications, AI-driven features, and strategic partnerships, alongside an announced plan to transition from public markets to private ownership under Thoma Bravo, subject to completion of the merger.