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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Dayforce

    Score8 out of 10
    Enterprise companies (1,001+ employees)
    Dayforce is a people platform that brings together HR, payroll, workforce management, talent, benefits, planning, and analytics. Organizations use Dayforce to manage people data, payroll, time and attendance, scheduling, talent, and workforce planning. AI capabilities within the Dayforce platform help people find information, understand HR policies and pay, and complete everyday tasks. Dayforce also supports recruiting, labor forecasting, and workforce analysis, and provides tools to help…N/A

    MIP Fund Accounting

    Score8.8 out of 10
    N/AMIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
    Pricing
    DayforceMIP Fund Accounting
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    DayforceMIP Fund Accounting
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    DayforceMIP Fund Accounting
    Considered Both Products
    Dayforce
    No answer on this topic
    Momentive Software
    No answer on this topic
    Key User Insights
    Would buy again
    89%
    Would buy again
    124 Answers
    91%
    Would buy again
    116 Answers
    Delivers good value for the price
    95%
    Delivers good value for the price
    107 Answers
    97%
    Delivers good value for the price
    108 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    131 Answers
    94%
    Happy with the feature set
    119 Answers
    Lived up to sales and marketing promises
    79%
    Lived up to sales and marketing promises
    66 Answers
    86%
    Lived up to sales and marketing promises
    54 Answers
    Implementation went as expected
    67%
    Implementation went as expected
    63 Answers
    85%
    Implementation went as expected
    56 Answers
    Features
    DayforceMIP Fund Accounting
    Human Resource Management
    Comparison of Human Resource Management features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.2
    602 Ratings
    0% below category average
    MIP Fund Accounting
    -
    Ratings
    Employee demographic data9.1525 Ratings00 Ratings
    Employment history9.3559 Ratings00 Ratings
    Job profiles and administration9.3549 Ratings00 Ratings
    Workflow for transfers, promotions, pay raises, etc.9.3553 Ratings00 Ratings
    Organizational charting6.5502 Ratings00 Ratings
    Organization and location management6.5548 Ratings00 Ratings
    Compliance data (COBRA, OSHA, etc.)7.3370 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.7
    602 Ratings
    6% above category average
    MIP Fund Accounting
    -
    Ratings
    Pay calculation9.3588 Ratings00 Ratings
    Support for external payroll vendors7.0295 Ratings00 Ratings
    Off-cycle/On-Demand payment9.3154 Ratings00 Ratings
    Benefit plan administration8.6475 Ratings00 Ratings
    Direct deposit files9.3574 Ratings00 Ratings
    Salary revision and increment management8.3456 Ratings00 Ratings
    Reimbursement management9.1309 Ratings00 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    9.1
    547 Ratings
    10% above category average
    MIP Fund Accounting
    -
    Ratings
    Approval workflow9.4515 Ratings00 Ratings
    Balance details9.2529 Ratings00 Ratings
    Annual carry-forward and encashment8.6434 Ratings00 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.3
    615 Ratings
    1% above category average
    MIP Fund Accounting
    -
    Ratings
    View and generate pay and benefit information8.6586 Ratings00 Ratings
    Update personal information8.5599 Ratings00 Ratings
    View company policy documentation7.7419 Ratings00 Ratings
    Employee recognition9.1219 Ratings00 Ratings
    View job history7.7492 Ratings00 Ratings
    Asset Management
    Comparison of Asset Management features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.7
    103 Ratings
    8% above category average
    MIP Fund Accounting
    -
    Ratings
    Tracking of all physical assets8.7103 Ratings00 Ratings
    HR Reporting
    Comparison of HR Reporting features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    6.2
    601 Ratings
    20% below category average
    MIP Fund Accounting
    -
    Ratings
    Report builder6.3592 Ratings00 Ratings
    Pre-built reports6.3592 Ratings00 Ratings
    Ability to combine HR data with external data6.0416 Ratings00 Ratings
    Onboarding
    Comparison of Onboarding features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.7
    394 Ratings
    8% above category average
    MIP Fund Accounting
    -
    Ratings
    New hire portal9.2384 Ratings00 Ratings
    Manager tracking tools8.2338 Ratings00 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.7
    257 Ratings
    7% above category average
    MIP Fund Accounting
    -
    Ratings
    Corporate goal setting8.3215 Ratings00 Ratings
    Individual goal setting9.1236 Ratings00 Ratings
    Line-of sight-visibility8.6201 Ratings00 Ratings
    Performance tracking8.9241 Ratings00 Ratings
    Performance Management
    Comparison of Performance Management features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.2
    283 Ratings
    3% above category average
    MIP Fund Accounting
    -
    Ratings
    Performance plans8.7262 Ratings00 Ratings
    Performance improvement plans8.6225 Ratings00 Ratings
    Review status tracking7.4265 Ratings00 Ratings
    Review reminders8.4260 Ratings00 Ratings
    Multiple review frequency7.7234 Ratings00 Ratings
    Succession Planning
    Comparison of Succession Planning features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    8.6
    131 Ratings
    9% above category average
    MIP Fund Accounting
    -
    Ratings
    Create succession plans/pools9.3104 Ratings00 Ratings
    Candidate ranking8.3113 Ratings00 Ratings
    Candidate search8.2118 Ratings00 Ratings
    Candidate development8.7106 Ratings00 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Dayforce and MIP Fund Accounting
    Feature
    Dayforce
    9.4
    302 Ratings
    17% above category average
    MIP Fund Accounting
    -
    Ratings
    Job Requisition Management9.7284 Ratings00 Ratings
    Company Website Posting9.7277 Ratings00 Ratings
    Publish to Social Media9.2233 Ratings00 Ratings
    Job Search Site Posting9.7265 Ratings00 Ratings
    Duplicate Candidate Prevention8.0229 Ratings00 Ratings
    Applicant Tracking9.7276 Ratings00 Ratings
    Notifications and Alerts9.6272 Ratings00 Ratings
    Best Alternatives
    DayforceMIP Fund Accounting
    Small Businesses
    UZIO
    Score9.4 out of 10
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Medium-sized Companies
    Zoho People
    Score8.6 out of 10
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Enterprises
    PeopleStrong
    Score10 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    DayforceMIP Fund Accounting
    Likelihood to Recommend
    8.3
    (641 ratings)
    9.5
    (435 ratings)
    Likelihood to Renew
    8.9
    (89 ratings)
    9.8
    (132 ratings)
    Usability
    4.2
    (60 ratings)
    8.7
    (103 ratings)
    Availability
    10.0
    (12 ratings)
    10.0
    (15 ratings)
    Performance
    5.0
    (13 ratings)
    8.4
    (92 ratings)
    Support Rating
    8.9
    (66 ratings)
    9.0
    (100 ratings)
    In-Person Training
    7.0
    (11 ratings)
    10.0
    (9 ratings)
    Online Training
    7.3
    (18 ratings)
    8.0
    (7 ratings)
    Implementation Rating
    8.9
    (44 ratings)
    6.1
    (28 ratings)
    Configurability
    9.0
    (13 ratings)
    8.4
    (8 ratings)
    Ease of integration
    7.3
    (9 ratings)
    9.0
    (14 ratings)
    Product Scalability
    9.9
    (14 ratings)
    8.1
    (15 ratings)
    Vendor post-sale
    8.9
    (18 ratings)
    9.7
    (13 ratings)
    Vendor pre-sale
    9.9
    (12 ratings)
    8.9
    (13 ratings)
    User Testimonials
    DayforceMIP Fund Accounting
    Likelihood to Recommend
    Dayforce
    I think Dayforce is a great option for a large and/or Global organization. I do not think it would be the best fit for a very small company or business. It really shines for enterprise organizations with multi-locations. While a small business could use it, I would say it has too many bells and whistles that might feel overwhelming to a smaller organization.
    Incentivized
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    Momentive Software
    MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
    Incentivized
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    Pros
    Dayforce
    • Payroll - it shows everything in real time and it runs quickly.
    • People - Having all employee details from the offer letter to W2 information in the same spot.
    • Dayforce Wallet: The on-demand feature is fully integrated with Timesheets and Payroll. What shows in one will be in the other.
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    Momentive Software
    • Easy to obtain check register for select periods
    • Easy to do bank reconciliations
    • Easy to log in for remote work, for anywhere I need to access it from!
    • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
    Incentivized
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    Cons
    Dayforce
    • There have been a few instances of users being locked out of Ceridian due to recent upgrades. Not ideal when an employee wants to see their paystub and is suddenly have login issues.
    • Not the best for when an employee is transferred to another country as their employee number is locked to their SIN or SSN. And, we are required to create a new user record with a new employee number for the new country.
    Incentivized
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    Momentive Software
    • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
    • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
    • When processing W2 the system deletes info.
    Incentivized
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    Likelihood to Renew
    Dayforce
    We are highly invested in Ceridian's Dayforce product. It give us the flexibility and scaling that our growing company needs. Its potential reaches beyond the basic HR functions to the decision making that our Management Team needs. Ceridian is always innovating the employee and employee experiences to offer cutting edge options.
    Incentivized
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    Momentive Software
    I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
    Incentivized
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    Usability
    Dayforce
    I think it's very usable for the employee. I don't think it is as easy for the HR/PR admins - especially if there is an issue. There are so many setup screens that need to be looked at to try to figure out why payroll isn't calculating properly, hours aren't feeding over correctly, or benefits are not calculating properly. For the most part, they can't do their own troubleshooting. The same is true for the managers. Our managers find it cumbersome to go into make any schedule changes after the schedules have been generated.
    Incentivized
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    Momentive Software
    I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
    Incentivized
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    Reliability and Availability
    Dayforce
    Dayforce's high availability ensures that our HR processes are supported around the clock, which is critical for a global organization like ours. The platform is cloud-based, offering reliable access from any location at any time, allowing our employees, managers, and HR teams to stay connected regardless of time zones or geographic locations. This level of availability ensures that payroll processing, employee self-service, and real-time data access continue uninterrupted, even during peak periods or unforeseen disruptions. The system’s robust infrastructure minimizes downtime, which is vital for operations that span multiple regions. Additionally, having a centralized platform that’s always available helps keep our teams aligned, ensures compliance, and facilitates timely decision-making across all our locations.
    Incentivized
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    Momentive Software
    I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
    Incentivized
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    Performance
    Dayforce
    We haven't noticed any slow-down due to the integration of Dayforce WFM with our Ceridian HPL products (HRIS and Payroll). The new HTML view of the timesheets don't load as quickly as the old Silverlight view - however, we have gotten used to the change.
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    Momentive Software
    We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
    Incentivized
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    Support Rating
    Dayforce
    Most of the time the support is great; it's not always super efficient but I always get the help I need. Occasionally it takes a lot longer than we had hoped or get conflicting responses. We had one ticket recently where we were told we would have to pay the service team to support us on the project and then another person called the next day with the solution to our query and was able to find a solution easily. Generally, though, the response is great and they either walk me though how to do something via a Zoom Meeting or they email step-by-step instructions on how to do it and say if I have questions we can set up a meeting to discuss further.
    Incentivized
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    Momentive Software
    I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
    Incentivized
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    In-Person Training
    Dayforce
    Because the training we reviewed at Insights has changed how we use the system everyday. This is a key factor in our training.
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    Momentive Software
    There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
    Incentivized
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    Online Training
    Dayforce
    The courses are very interactive and informative. There are classes for every topic, which allows you to make the most of the system. There are also some "go at your own pace" course which is a great option for a busy schedule.
    Incentivized
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    Momentive Software
    Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
    Incentivized
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    Implementation Rating
    Dayforce
    Have a strong internal team. Communicate with your implementation team - they are there to make it work for you. Take the time to really think about how you want the system to work for you - in some cases, you may need to rethink your own business practices to see if you are working harder when the system could do it for you
    Incentivized
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    Momentive Software
    Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
    Incentivized
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    Alternatives Considered
    Dayforce
    I can't speak much to how it would be if we had all of these features separately since I started with Dayforce all being integrated and have no other experience, but having it all in one place has made the completion of all of these HR tasks seamless. We can direct all of our energies into the same system, and it makes it easier to field employee inquiries and to troubleshoot when we need to
    Incentivized
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    Momentive Software
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
    Incentivized
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    Scalability
    Dayforce
    Overall, we are extremely happy with the Dayforce WFM module. Our biggest pain point is concerning the twice annual software upgrades - which is the only reason I haven't rated them as a '10'. Because every customer is configured differently, the upgrades can sometimes have adverse effects on our current configured policies/rules. And although they roll-out the upgraded version in a test environment several weeks before go-live, not all testing is accurate in that environment. Some issues do not present themselves until you are working with live punches.
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    Momentive Software
    The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
    Incentivized
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    Return on Investment
    Dayforce
    • Performance Reviews/Comp used to be handled via paper and tracking/reporting was a nightmare - having all of that in the system is so much more efficient and provides huge ROI
    • Our organization used to have big problems with hiring managers going rogue and hiring positions that aren't approved by Finance - we built an approval workflow in the system that triggers before any req is approved which has completely solved this problem
    • Dayforce Wallet has been a huge perk for our employees - it's heavily used and our crew love it
    Incentivized
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    Momentive Software
    • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
    • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
    • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
    • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
    Incentivized
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    ScreenShots

    Dayforce Screenshots

    Screenshot of Dayforce HubScreenshot of Human Resources (Position Management)Screenshot of Dayforce Reporting & AnalyticsScreenshot of People AnalyticsScreenshot of Dayforce HR Service DeliveryScreenshot of Dayforce Flex Work

    MIP Fund Accounting Screenshots

    Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions