Dayforce vs. Payroll by Wave

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Dayforce
Score 7.9 out of 10
Enterprise companies (1,001+ employees)
Dayforce HCM is a cloud-based platform encompassing HR, payroll, benefits, and talent and workforce management. It provides companies with a scalable framework and real-time data, such as continual pay calculations, to enable efficient decision-making.N/A
Payroll by Wave
Score 10.0 out of 10
N/A
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
Pricing
DayforcePayroll by Wave
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
DayforcePayroll by Wave
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
DayforcePayroll by Wave
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
DayforcePayroll by Wave
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Dayforce
7.9
602 Ratings
1% above category average
Payroll by Wave
-
Ratings
Employee demographic data8.3525 Ratings00 Ratings
Employment history8.6559 Ratings00 Ratings
Job profiles and administration8.2549 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.8.0553 Ratings00 Ratings
Organizational charting7.3502 Ratings00 Ratings
Organization and location management7.5548 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)7.5370 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Dayforce
8.5
602 Ratings
6% above category average
Payroll by Wave
9.4
5 Ratings
14% above category average
Pay calculation9.1588 Ratings10.05 Ratings
Support for external payroll vendors7.5295 Ratings9.03 Ratings
Off-cycle/On-Demand payment8.9154 Ratings9.03 Ratings
Benefit plan administration8.0475 Ratings9.01 Ratings
Direct deposit files9.0574 Ratings9.05 Ratings
Salary revision and increment management8.4456 Ratings9.55 Ratings
Reimbursement management8.5309 Ratings10.02 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
Dayforce
8.4
547 Ratings
4% above category average
Payroll by Wave
-
Ratings
Approval workflow8.6515 Ratings00 Ratings
Balance details8.3529 Ratings00 Ratings
Annual carry-forward and encashment8.3434 Ratings00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
Dayforce
8.2
615 Ratings
2% above category average
Payroll by Wave
-
Ratings
View and generate pay and benefit information8.6586 Ratings00 Ratings
Update personal information8.7599 Ratings00 Ratings
View company policy documentation7.8419 Ratings00 Ratings
Employee recognition7.9219 Ratings00 Ratings
View job history7.8492 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Dayforce
8.0
103 Ratings
1% above category average
Payroll by Wave
-
Ratings
Tracking of all physical assets8.0103 Ratings00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
Dayforce
6.9
601 Ratings
8% below category average
Payroll by Wave
-
Ratings
Report builder7.3592 Ratings00 Ratings
Pre-built reports7.3592 Ratings00 Ratings
Ability to combine HR data with external data6.0416 Ratings00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
Dayforce
8.2
394 Ratings
3% above category average
Payroll by Wave
-
Ratings
New hire portal8.3384 Ratings00 Ratings
Manager tracking tools8.1338 Ratings00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
Dayforce
8.0
257 Ratings
0% above category average
Payroll by Wave
-
Ratings
Corporate goal setting7.5215 Ratings00 Ratings
Individual goal setting8.5236 Ratings00 Ratings
Line-of sight-visibility7.9201 Ratings00 Ratings
Performance tracking8.3241 Ratings00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
Dayforce
8.0
283 Ratings
2% above category average
Payroll by Wave
-
Ratings
Performance plans8.0262 Ratings00 Ratings
Performance improvement plans8.0225 Ratings00 Ratings
Review status tracking7.9265 Ratings00 Ratings
Review reminders8.0260 Ratings00 Ratings
Multiple review frequency8.1234 Ratings00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
Dayforce
7.7
131 Ratings
2% below category average
Payroll by Wave
-
Ratings
Create succession plans/pools8.5104 Ratings00 Ratings
Candidate ranking7.4113 Ratings00 Ratings
Candidate search7.1118 Ratings00 Ratings
Candidate development7.7106 Ratings00 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
Dayforce
8.1
302 Ratings
4% above category average
Payroll by Wave
-
Ratings
Job Requisition Management8.5284 Ratings00 Ratings
Company Website Posting8.5277 Ratings00 Ratings
Publish to Social Media8.0233 Ratings00 Ratings
Job Search Site Posting8.4265 Ratings00 Ratings
Duplicate Candidate Prevention7.0229 Ratings00 Ratings
Applicant Tracking8.3276 Ratings00 Ratings
Notifications and Alerts8.1272 Ratings00 Ratings
Best Alternatives
DayforcePayroll by Wave
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
DayforcePayroll by Wave
Likelihood to Recommend
8.0
(642 ratings)
10.0
(6 ratings)
Likelihood to Renew
8.6
(89 ratings)
10.0
(1 ratings)
Usability
4.9
(60 ratings)
10.0
(1 ratings)
Availability
10.0
(12 ratings)
-
(0 ratings)
Performance
5.0
(13 ratings)
-
(0 ratings)
Support Rating
8.3
(66 ratings)
8.9
(2 ratings)
In-Person Training
7.0
(11 ratings)
-
(0 ratings)
Online Training
7.3
(18 ratings)
-
(0 ratings)
Implementation Rating
7.7
(44 ratings)
-
(0 ratings)
Configurability
9.0
(13 ratings)
-
(0 ratings)
Ease of integration
7.3
(9 ratings)
-
(0 ratings)
Product Scalability
9.9
(14 ratings)
-
(0 ratings)
Vendor post-sale
8.9
(18 ratings)
-
(0 ratings)
Vendor pre-sale
9.9
(12 ratings)
-
(0 ratings)
User Testimonials
DayforcePayroll by Wave
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.
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Wave
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
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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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Wave
  • An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
  • Pay day can be automated and straightforward.
  • Wave onboarding provides guidance at what information to input next until you are all set up.
Read full review
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.
Read full review
Wave
  • Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
  • Option to further customize payroll statements
  • Add a per employee payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
Read full review
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.
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Wave
No answers on this topic
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.
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Wave
Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
Read full review
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.
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Wave
No answers on this topic
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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Wave
No answers on this topic
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.
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Wave
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
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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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Wave
No answers on this topic
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.
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Wave
No answers on this topic
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
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Wave
No answers on this topic
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
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Wave
First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
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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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Wave
No answers on this topic
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
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Wave
  • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
  • Easy to use interface saves time and helps ensure I am paid on time.
Read full review
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