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Ceridian Partners with RedZone Group Purchasing to Drive Quantifiable Value for Sports and Entertainment Industry

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Ceridian HCM Holding Inc. (NYSE: CDAY) has partnered with RedZone Group Purchasing to provide its Dayforce platform to sports franchises. This collaboration aims to address the unique human capital management challenges faced by professional sports teams, including payroll automation and compliance with legislative requirements. The Dayforce platform is already utilized by 47% of NFL franchises, highlighting its trustworthiness within the industry. This partnership will help RedZone members enhance operational efficiencies and improve employee experiences.

Positive
  • Partnership with RedZone Group Purchasing expands Dayforce platform's reach to professional sports organizations.
  • Dayforce platform is trusted by nearly 47% of NFL franchises, reinforcing its market position.
  • Ceridian's solutions streamline compliance and payroll for sports organizations, addressing unique industry challenges.
Negative
  • None.

Today, nearly half (47 percent) of NFL franchises rely on the industry-leading Dayforce platform for their HCM needs

MINNEAPOLIS, Minn. and TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY), a global human capital management (HCM) technology company, today announced a partnership with RedZone Group Purchasing (RedZone). As its exclusive HCM partner, Ceridian will provide RedZone’s members with access to the award-winning Dayforce platform to deliver value to their organizations and workforces.

“As the trusted human capital management partner to leading sports entertainment franchises, including the Denver Broncos, Minnesota Timberwolves, and Vegas Golden Knights, we understand the complexities that come with running a winning team,” said Chris Armstrong, Chief Customer Officer, Ceridian. “We look forward to partnering with RedZone members to help them unlock value, drive efficiencies, and create experiences their employees will love.”

Sports teams must navigate a range of legislative requirements as they travel to compete across the United States and internationally. Today, nearly half (47 percent) of NFL franchises rely on the Dayforce platform to handle complex compliance requirements, automate payroll, monitor new tax and legislation, and facilitate onboarding and scheduling.

“Professional sports organizations face unique challenges running their operations and must be constantly aware of, and compliant with, multiple tax, legislative and workplace rules,” said Peter Secord, President, RedZone. “We are excited to partner with Ceridian and introduce their payroll and HR technology to our members, as it brings all the needed solutions together under one umbrella.”

RedZone offers owners and managers of professional sports franchises, arenas, stadiums, convention centers, and performing arts centers access to a nationwide group purchase program including Ceridian.

Ceridian is a recognized leader in sports entertainment. To learn more, visit: Ceridian.com/solutions/sports-entertainment.

About Ceridian

Ceridian. Makes Work Life Better™.

Ceridian HCM Holding Inc. (“Ceridian” or the “Company”) (NYSE:CDAY) (TSX:CDAY) is a global human capital management software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes. Visit Ceridian.com or follow us @Ceridian.

Media Contact:
Fahd Pasha
Fahd.Pasha@ceridian.com
+1.647.417.2136


FAQ

What partnership did Ceridian announce on December 16, 2020?

Ceridian announced a partnership with RedZone Group Purchasing to provide its Dayforce platform to sports franchises.

How many NFL franchises use the Dayforce platform?

Nearly 47% of NFL franchises rely on the Dayforce platform for their human capital management needs.

What is the main benefit of the partnership between Ceridian and RedZone?

The partnership aims to help sports organizations improve operational efficiencies and manage compliance with legislative requirements.

What challenges do professional sports organizations face that Ceridian's platform helps address?

Ceridian's platform helps manage payroll automation and compliance with complex tax and legislative requirements.

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