Moody's announces completion of a periodic review of ratings of Ceridian HCM Holding Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Ceridian HCM Holding Inc.. Global Credit Research- 09 Aug 2019. New York, August 09, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Ceridian HCM Holding Inc. and other ratings that are associated with the same analytical unit.Ceridian HCM Holding is a holding company. Through its subsidiaries, the company is a human capital management (HCM) software company. Dayforce, the company's cloud HCM platform, provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. In addition to Dayforce, the company sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The company also continues to support customers using its Bureau solutions, which it generally stopped selling to new customers. The company invests in maintenance and necessary updates to support its Bureau customers and continues to migrate them to Dayforce.
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