Dayforce Human Capital Management Provides Falls Of Neuse Management With 151% Return On Investment
Nucleus Research Case Study Profiles The Dayforce HCM Impact For Management Services Company in Growth Stage
MINNEAPOLIS--(BUSINESS WIRE)--Ceridian announces that Falls of Neuse Management LLC had a 151% return on investment by consolidating their HR and Pay solutions using Dayforce HCM, a single, cloud-based solution for human capital management. Leading analyst firm Nucleus Research, who released the case study on the management services company, calculated the project paid for itself in less than a year and a half.
“Ceridian allowed us to see any kind of transaction in real-time, provided for tax mapping, incorporated local jurisdiction compliance taxes and did it all with an easy user interface that included the ability to change organizational structures and workflows”
“One of the hardest challenges in selecting a new solution is delving under functionality needs to present a real business case in justifying the investment,” says Zachary Chertok, research analyst at Nucleus Research. “Our analysis presents the customer’s realized benefits of using Dayforce HCM as a single application with real-time capabilities and it quantifies the value achieved through increased product consistency, scalability, operational transparency, productivity and accuracy.”
The main benefits revealed by the Falls of Neuse project with Ceridian included resolved issues in payroll processing and the ability to see payroll in real-time, plus consistent communication and increased automation of administrative processing. Another benefit included reduced software and hardware costs associated with implementing a single application, cloud-based solution.
From a qualitative standpoint, depth of functionality and speed of implementation was important to Falls of Neuse, who at the time was growing through acquisitions. “Ceridian allowed us to see any kind of transaction in real-time, provided for tax mapping, incorporated local jurisdiction compliance taxes and did it all with an easy user interface that included the ability to change organizational structures and workflows,” says Michael DeVries, vice president human resources – payroll, Falls of Neuse Management LLC. “Two distinctly different businesses and end users in scattered locations can be a challenge; however the team’s combination of in-house training and web-based support ensured that employees got up to speed quickly. The testing and trial scenarios prior to going live ensured that everything remained fully compatible with our company’s in-house requirements, which was key.”
The complete Falls of Neuse ROI Case Study from Nucleus Research is available here for download.
About Falls of Neuse Management LLC:
Falls of Neuse Management LLC (FNMLLC) was formed December 31, 2012 with the split up of Trail Creek Investments, Inc. FNMLLC is owned by American Welding & Gas, Inc. and National Coatings & Supplies, Inc. and provides management services for these companies. For more information on Falls of Neuse Management LLC, visit: http://www.fnmllc.com/
About Nucleus Research:
Nucleus Research is a global provider of investigative, case-based technology research and advisory services that provide real-world insight into maximizing technology value. For more information, visit NucleusResearch.com or follow us on Twitter @NucleusResearch.
Ceridian is a leader in human capital management with more than 100,000 clients across the globe. Ceridian delivers trusted results and transformative technology. Our offering includes the award winning, cloud-based Dayforce HCM, LifeWorks, Powerpay and International Payroll. Ceridian is transforming the world of work. For more information about Ceridian solutions call 1-800-729-7655 or visit www.ceridian.com