How AI Is Impacting the Future of Payrollandrew.taylor Fri, 05/21/2021 – 14:50
Are you prepared for the future of payroll?
Payroll is perhaps the most ubiquitous business function — everyone needs to be paid! It is also one of the largest business expenses, with wages equating to an average of more than 60 percent of total business costs. In theory, the function of a payroll system is simple: You pay your people and distribute their contributions accurately and on time.
The reality, of course, is more complex. Payroll is subject to a myriad of ever-changing complexities, from tax codes and distributions