Dayforce vs Timeco

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Our analysts compared Dayforce vs Timeco based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Dayforce is a cloud-based human capital management (HCM) platform that offers a full suite of tools for managing payroll, workforce management, career development, benefits and HR tasks.

It's a great pick for larger teams looking to streamline onboarding and training with performance management tools that support ongoing career development. Plus, its self-service portal gives employees more independence.

Ranked in the top five on our HR software list, Dayforce stands out as the Best for Reporting and Dashboards. It shines with features like employee engagement, succession management and compensation management.

With tools for workforce insights, personalized coaching, and mobile access, managers can enhance engagement and adapt more efficiently, which helps cut down on turnover and anticipate trends. Mobile time-tracking tablets and time clocks help minimize errors and ensure more accurate payroll.

The platform offers customizable dashboards, automated payroll calculations, centralized employee info and engagement tracking. Users love its intuitive, easy-to-use design and self-service options that lighten the admin load. However, some find the reporting feature a bit tricky; while reports are customizable, getting them set up can be complex.

Pricing varies based on the number of users and chosen modules, generally falling between $6 and $12 per employee per month, which is mid-range compared to other options out there.

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Timeco offers a comprehensive software solution designed to streamline HR management tasks, including time tracking, payroll processing, and employee scheduling. This platform is particularly well-suited for mid-sized to large organizations that require robust and scalable HR tools to manage a diverse workforce efficiently. Users appreciate the intuitive interface and the ability to customize features to fit specific business needs, which enhances overall productivity and compliance.

One of the standout benefits of Timeco is its real-time data analytics, which provides actionable insights into workforce performance and labor costs. This feature is crucial for businesses aiming to optimize their operations and make data-driven decisions. Additionally, the software's integration capabilities with other enterprise systems ensure a seamless workflow, reducing administrative overhead.

Pricing for Timeco typically varies based on the number of users and the specific modules selected, with options for monthly or annual payments. This flexibility allows businesses to scale their investment according to their growth and needs. Compared to similar products, users often highlight Timeco's reliability and customer support as key differentiators, making it a preferred choice for comprehensive HR management.

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Product Insights

  • Centralize Records: Store all your documents in a secure repository, using filters to easily find the forms you need. You can also monitor and manage compensation levels, performance metrics, and org charts. Dayforce’s document management gets an 81 out of 100, according to our data.
  • Improve Payroll Accuracy: Reduce timesheet errors for more accurate payroll processing. While payroll management scores a 75, Dayforce payroll calculates pay in real time as it's recorded, giving admins continuous data throughout the pay period and providing more time for verification, review and audits.
  • Enhance Engagement: Promote stronger team engagement and communication with TeamRelate. Managers can track employee engagement daily, tailor coaching, and gauge employee communication styles and motivators through surveys. Its employee engagement tools come in at a perfect 100.
  • Navigate Compliance: Access real-time information on all legislative rules globally, including monitoring regulations in over 200 countries, to ensure compliance. Configure what the system monitors based on specific needs.
  • Work Flexibly: Update availability, check schedules and submit time-off requests on the go. Users can preview earnings, clock in and out, and view the People Directory to contact coworkers.
  • Boost Communication: Enhance communication by highlighting managers and colleagues in interactive org charts. Build and arrange employees based on the company’s structure and hierarchy.
  • Manage Time and Time Off: Replace punch clocks with tablets offering accurate time and attendance information. Employees can record time, request time off or trade shifts, and view schedules via the mobile app.
  • View Workforce Insights: Track critical organizational indicators like turnover by location and age to understand operational trends.
  • Ease Benefits Management: Simplify benefits enrollment with side-by-side plan comparisons and smart recommendations. Employees can update their coverage via self-service.
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  • Improved Efficiency: Automate repetitive HR tasks such as payroll processing and leave management, freeing up time for strategic initiatives.
  • Enhanced Compliance: Stay up-to-date with labor laws and regulations through automated updates, reducing the risk of non-compliance penalties.
  • Data-Driven Decisions: Utilize comprehensive analytics and reporting tools to make informed decisions based on real-time data.
  • Employee Self-Service: Empower employees to manage their own information, such as updating personal details and accessing pay stubs, reducing administrative workload.
  • Streamlined Recruitment: Simplify the hiring process with integrated applicant tracking, from posting job openings to onboarding new hires.
  • Performance Management: Track and evaluate employee performance with customizable appraisal systems, fostering a culture of continuous improvement.
  • Cost Savings: Reduce overhead costs by minimizing manual processes and errors, leading to more efficient resource allocation.
  • Scalability: Easily scale the software to accommodate business growth, ensuring it meets the evolving needs of your organization.
  • Centralized Information: Maintain a single source of truth for all HR-related data, improving accuracy and accessibility.
  • Enhanced Security: Protect sensitive employee information with robust security measures, including encryption and access controls.
  • Improved Employee Engagement: Foster a positive work environment with tools for feedback, recognition, and career development.
  • Customizable Workflows: Tailor the software to fit your specific business processes, enhancing operational efficiency.
  • Reduced Paperwork: Transition to a paperless environment with digital document management, reducing clutter and environmental impact.
  • Time Tracking: Accurately monitor employee hours and attendance, ensuring fair compensation and compliance with labor laws.
  • Integration Capabilities: Seamlessly integrate with other business systems, such as accounting and project management software, for a unified workflow.
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  • Core HR: Centralize employee info, manage performance, carry out recruiting, oversee payroll and get reports for data-driven decision-making.
  • Employee Self-Service (ESS): Let users enroll in benefits, view pay details, update personal information, access learning resources and stay current on announcements.
  • Payroll: Roll out a variety of payroll tasks, including tax management, employee verification and data entry for unique situations like retroactive payments. Dashboards provide insights and reporting tools support payroll reconciliation.
  • Benefits: Fast track enrollment by letting employees independently enroll for coverage. Admins can access enrollment totals, a library of qualification rules, on-demand calculations and streamlined COBRA management. It also integrates with hundreds of carriers and incorporates features to ensure ACA compliance.
  • Talent Management: Manage every phase of an employee lifecycle, from recruiting and onboarding to succession planning. Track performance in a holistic view, plan budgets effectively and reskill current employees with AI talent tools.
  • Workforce Management: Process payroll, manage sick days or vacation time, and view reports on key trends like spending for proactive planning.
  • Compliance Support: Safeguard sensitive information with role-based access and ease multi-jurisdictional tax filings with tax services for federal, state and local jurisdictions.
  • Customer Support: Get help with questions and concerns through live chat or phone. Access additional resources on the website like the help center and webinars.
  • Dayforce Wallet: Provide employees access to their earned wages before payday. This flexibility improves financial wellness and reduces employee stress associated with waiting for a paycheck. It also provides functionalities such as budgeting tools and financial planning resources. Note: The amount available depends on completed shifts and standard transfer time is between 1-3 business days. Faster transfers require additional fees.
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  • Time Tracking: Accurately monitor employee hours with real-time data capture and automated timesheet generation.
  • Payroll Integration: Seamlessly connect with major payroll systems to ensure timely and accurate compensation.
  • Employee Scheduling: Create, modify, and distribute work schedules with ease, while considering employee availability and labor laws.
  • Leave Management: Streamline the process of requesting, approving, and tracking employee leave, including vacation, sick days, and other absences.
  • Mobile Access: Enable employees and managers to access the system from any device, ensuring flexibility and convenience.
  • Compliance Tracking: Stay compliant with labor regulations by automatically updating and applying relevant rules and policies.
  • Reporting and Analytics: Generate detailed reports and gain insights into workforce metrics, such as attendance patterns and overtime trends.
  • Employee Self-Service Portal: Empower employees to manage their own information, including personal details, timesheets, and leave requests.
  • Customizable Workflows: Tailor the system to fit your organization's specific processes and approval hierarchies.
  • Biometric Integration: Enhance security and accuracy with biometric time clocks that use fingerprint or facial recognition technology.
  • Notifications and Alerts: Keep everyone informed with automated notifications for schedule changes, leave approvals, and other important updates.
  • Data Security: Protect sensitive information with robust security measures, including encryption and role-based access controls.
  • API Access: Integrate Timeco with other business systems through a comprehensive API, ensuring seamless data flow across platforms.
  • Geofencing: Utilize location-based technology to ensure employees clock in and out only when they are within designated work areas.
  • Task Management: Assign and track tasks to ensure project deadlines are met and productivity is maintained.
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Product Ranking

#9

among all
HR Management Software

#90

among all
HR Management Software

Find out who the leaders are

Analyst Rating Summary

79
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88
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Dayforce
Timeco
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Applicant Tracking And Recruiting Benefits Management Compensation Management Document Management Employee Engagement Employee Onboarding And Administration Employee Self Service Learning Management Payroll Management Performance Management Platform Capabilities Reporting And Dashboard Succession Management Time And Attendance Management Workforce Management 64 78 88 81 100 74 78 82 75 83 86 100 100 87 90 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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Timeco
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Availability And Scalability Deployment Options Integrations And Extensibility Mobile Platform Security 100 50 61 100 0 25 50 75 100
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Analyst Ratings for Vendor Qualification Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 3463 reviews
Excellent User Sentiment 8 reviews
85%
of users recommend this product

Dayforce has a 'great' User Satisfaction Rating of 85% when considering 3463 user reviews from 5 recognized software review sites.

93%
of users recommend this product

Timeco has a 'excellent' User Satisfaction Rating of 93% when considering 8 user reviews from 1 recognized software review sites.

5.0 (24)
n/a
4.2 (792)
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4.63 (8)
4.3 (969)
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4.6 (541)
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4.0 (1137)
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Awards

SelectHub research analysts have evaluated Dayforce and concluded it earns best-in-class honors for Employee Engagement, Reporting and Dashboard and Succession Management.

Employee Engagement Award
Reporting and Dashboard Award
Succession Management Award

Timeco stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Easy PTO Tracking: Dayforce simplifies requesting and viewing PTO and tracking employee hours.
User-Friendly Interface and Features: Dayforce receives praise for being easy to set up and navigate.
Comprehensive: Dayforce is effective for managing payroll, benefits, and workforce management (WFM), providing real-time data and streamlined record-keeping. Custom reporting, time management and compensation planning are highlighted as strong features.
Consistency: The system integrates well across various functions such as HR, payroll, and time management, helping to consolidate processes and improve efficiency.
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Easy to Use: Users consistently praise Timeco's intuitive interface, making it simple to navigate and manage employee information, even for those with limited HR experience.
Comprehensive Features: Timeco offers a wide range of features, including time and attendance tracking, payroll processing, performance management, and employee onboarding, providing a one-stop solution for HR needs.
Mobile Accessibility: The mobile app allows HR professionals to access and manage employee data from anywhere, anytime, enhancing flexibility and responsiveness.
Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Timeco's customer support team, providing timely assistance and resolving issues efficiently.
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Reporting: Report creation can be cumbersome and not very user-friendly. The ability to convert fixed reports into customizable formats and access more diverse formats is limited.
Outdated Employee Self-Service: Some users found this feature outdated without improved auditing and traceability features for payroll elections.
Frequent Updates: Some updates lead to slow down and create a learning curve for some users.
Implementation Process: Users reported implementation can have high up-front costs, take longer than expected and cause frustration.
Customer Support: Users experienced long response times and additional fees.
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Limited Mobile Functionality: Some users have reported that the mobile app lacks key features, making it difficult to manage tasks and access information on the go. For example, approving time off requests or viewing employee schedules can be cumbersome on the mobile app.
Steep Learning Curve: The software's interface can be complex and overwhelming for new users, requiring significant time and effort to master. This can lead to frustration and slow adoption, especially for employees who are not tech-savvy.
Lack of Customization: The system may not offer enough flexibility to tailor it to specific business needs. For instance, some users have found it difficult to customize reporting dashboards or create custom workflows to fit their unique processes.
Integration Challenges: Integrating Timeco with other HR systems or third-party applications can be challenging, leading to data inconsistencies and workflow disruptions. This can be a major pain point for businesses that rely on a connected ecosystem of HR tools.
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Dayforce, a popular AI-powered HCM solution, caters to businesses across various industries on a global scale. It’s perfect for large teams and companies needing a scalable and adaptable platform. Most of its features are user-friendly, making it relatively easy to learn and navigate.Dayforce stands out with its mobile time-off requests, smart benefit enrollment recommendations, TeamRelate, Dayforce Wallet and automated payroll calculations. It also offers robust support for day-to-day operations, including reports and dashboards, org charts, shift trades, and compliance.The mobile app and self-service platform give employees the freedom to handle tasks like accessing pay stubs, viewing schedules, and submitting time-off requests independently, which reduces the need for admin intervention.Dayforce tackles common HR challenges like managing varied payroll and compliance needs, dealing with tricky reporting, and making employee self-service easier. While users appreciate its mobile features and schedule management, they’ve mentioned that reporting can be a bit complex and time-consuming, sometimes leading to long waits for customer support.The demo reveals a comprehensive hub serving as a centralized dashboard, providing news updates, team objectives, pending tasks, and recommended applications like performance management and recruiting.Personally, I thought the scheduling module looked a little cluttered/complicated for beginners, but you can use filters to narrow down results and make it look less busy/cleaner.Payroll processing demands a hawk's eye when it comes to details. I thought Dayforce had a reasonably straightforward payroll design.Engagement surveys offer compact insights into employee sentiment and effectiveness, while customizable dashboards and scorecards display key metrics on workforce dynamics, such as availability, recruitment metrics, and turnover rates.Automated alerts and integration with job boards enhance recruiting, and self-service features support career development, HR and benefits enrollment.The chatbot provided a brief welcome and directed me to the Help Center after I chose support. The chat ended there, and I encountered the issue of the conversation not clearing when the page was reopened.Pricing is competitive, based on user numbers and selected modules (charged per month).Overall, Dayforce is a comprehensive HCM software that effectively supports managing people, pay and compliance.

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Is Timeco truly timely in addressing the needs of HR departments? User reviews from the past year paint a somewhat mixed picture. Some users praise Timeco's intuitive interface and robust reporting features, finding it a significant upgrade from previous HR management systems they've used. For example, many appreciate the streamlined onboarding process and the ease with which they can generate custom reports on employee data. However, a recurring complaint centers around Timeco's limited integrations with other software, particularly payroll and benefits platforms. This lack of interoperability necessitates manual data entry, which some users find cumbersome and time-consuming. Ultimately, Timeco seems best suited for small to medium-sized businesses with straightforward HR needs. Its user-friendly design and comprehensive core features make it a solid choice for managing essential HR functions. However, companies with more complex requirements or those heavily reliant on integrated systems might find Timeco's limitations frustrating.

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Screenshots

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