Is Artificial Intelligence the future for payroll?

Developments in artificial intelligence and machine learning are set to have a significant impact on payroll functions, including smarter rota management, making it easier for businesses to build rotas that will take into account historical work patterns, stress profiles, employee skills and performance, leave and availability records, sales data and hundreds of other data points or build rotas that are optimised for cost and performance. The future is also likely to cut down on the manual input of timesheets, leave requests, and general payroll changes, saving managers hours in unnecessary approvals. Payroll systems will also be able to track legislative changes and analyse the impact of those changes on a business’ payroll, notifying business owners and payroll bureaux of potential issues.

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