Tech Intelligence Bulletin (HG Insights) – Ceridian has completed the acquisition of RITEQ, a provider of enterprise workforce management solutions.
“Australia and New Zealand are highly attractive markets, and we believe the acquisition of RITEQ, combined with Dayforce Payroll in Australia, truly positions Ceridian as a leading HCM provider in the region,” said David Ossip, Chairman and CEO, Ceridian. “We look forward to driving great employee experiences and hard dollar returns for our customers.”
Single HCM solution
The acquisition follows Ceridian’s April launch of its award-winning Dayforce Payroll solution to the Australian market. Today, the Dayforce platform offers Australian employers – including Michael Hill, Harris Farm, Optus, and G8 Education – a single HCM solution to manage the entire employee lifecycle including HR, recruiting, onboarding, performance, learning, compensation, workforce management, and payroll.
Leading HCM provider in region
“Our two companies share a commitment to technological excellence and customer success, and we are excited about welcoming RITEQ’s employees, partners, and customers into the Ceridian family,” said Erik Zimmer, Chief Strategy Officer, Ceridian. “The acquisition of RITEQ, combined with Dayforce Payroll in Australia, will truly position Ceridian as a leading HCM provider in the region.”
“We’re tremendously excited about entering into a new chapter with Ceridian. Together, we will be able to offer our customers end-to-end HCM capabilities through the Dayforce platform,” said David Kroser, Managing Director and Co-founder, RITEQ.
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