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Scoping out Ceridian’s ideal acquisition(s) Read later Summary: Ceridian Dayforce continues to grow geographically, functionally, organically and inorganically. Its latest deal for Ideal adds some ML chops and cool recruiting functionality to the mix. Ceridian, one of the world’s largest HRMS and payroll providers made another acquisition, its second in 2021. This time, it acquired the recruiting and DE&I (Diversity, Equity and Inclusivity) vendor Ideal. Ideal brings smart anti-bias recruiting technology to Ceridian’s Dayforce cloud HRMS solution. Both firms are Toronto-based. To learn more on this deal, I spoke briefly with Ceridian’s Joe Korngiebel, Chief Product and Technology Officer. Korngiebel mentioned that this deal brings a number of new people and skill sets to Ceridian. Korngiebel indicated that the people are often the most important thing Ceridian looks at when evaluating a potential acquisition. ....
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Ceridian to acquire Toronto talent intelligence startup Ideal Ceridian has reached a definitive agreement to acquire Toronto hiring and employee management software startup Ideal. The transaction is expected to close tomorrow, on April 30. Both companies declined to disclose the financial terms of the deal. Once the acquisition is complete, Ceridian intends to integrate Ideal into its Dayforce platform in order to “optimize” the company’s talent management offering. Ideal’s artificial intelligence (AI)-powered system aims to enhance human resources software in order to help teams make more accurate, efficient, and fair talent-related decisions. Ceridian is a Toronto and Minneapolis-based human resources (HR) software company. ....
TORONTO, March 08, 2021 (GLOBE NEWSWIRE) BDO Canada LLP, a leading professional services firm in Canada, today announced a strategic partnership with Ceridian, a global human capital management (HCM) technology company. Through its 500-people-strong Lixar Fueled by BDO technology business, BDO will implement Ceridian’s industry-leading HCM platform, Dayforce, for clients across Canada. Ceridian offers full-suite HCM to help HR and business leaders make intelligent decisions that create quantifiable value for their companies. Trusted by more than 4,900 customers globally, the modern Dayforce platform simplifies complex HR and operational processes by combining HR, payroll, benefits, workforce management, and talent management into a single, cohesive system. “The need for organizations in Canada to digitally transform their business and drive workforce engagement and productivity has never been more critical,” said Matthew Kenny, National Leader of the Lixar Fueled ....