Ceridian Corporation

Description

Ceridian Corporation, an information services company, provides outsourced processing and employee benefits services in the United States of America, Canada, and the United Kingdom. The company operates in three segments: Human Resource Solutions, Stored Value Solutions, and Comdata. The Human Resource Solutions segment provides a range of human resource (HR) outsourcing solutions with a primary focus on payroll processing to manage the workforce and the information related to HR processes. Its human resource management solutions include payroll processing, tax filing, and other HR services; benefits administration services; and work-life and employee assistance programs. The Stored Value Solutions segment offers stored value card programs to retailers that are used as gift cards, gift certificates, credits for returned product, and retail promotions in the retail, restaurant, airline, hospitality and entertainment, and service industries in the United States of America. It also provides ancillary support services, including card inventory management and assistance in designing and supervising the production of plastic cards. The Comdata segment provides payment solutions, transaction processing, information management, regulatory compliance, financial, and related services to its customers in various industries, such as trucking, government services, aviation, construction, retail, restaurants, and hospitality. Its payment solutions include credit and debit cards, fleet, fuel, payroll, purchasing, and travel and entertainment cards. This segment also offers assistance in obtaining regulatory permits, pilot car services, and compliance services, including fuel tax reporting and driver log auditing, and local fueling services. The company was founded in 1957 and is headquartered in Minneapolis.

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