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82 million Americans – more than half of the U.S. workforce have experienced problems with their paycheck during their careers. So, payroll automation using artificial intelligence (AI) is essential for businesses to manage their payroll processes. Let’s find out more about the benefits, features, and future of payroll automation.
The evolution of payroll
In the ‘80s and ‘90s, most organizations had a rudimentary way of managing payroll. The finance teams usually handled the paperwork, involving meticulous calculations and constant vigilance to ensure compliance with tax and labor laws. As a result, the scope for errors was high. With digital technology