AI in Payroll: Dreams, Expectations, and Realities
Welcome back to 'It's About Payroll' for episode 141! In this engaging discussion, Walt and Brian delve into the exciting topic of AI in payroll. They discuss what they want from AI, such as voice commands, proactive auditing, and more. They also highlight the importance of improving employee experience, compliance checking, and cost-effective solutions. With AI predicted to transform payroll departments within the next decade, this episode is packed with insights on how AI can revolutionize payroll processes. Stay tuned for current events, exciting announcements about free webinars, and much more!
00:00 Introduction and Episode Kickoff
02:27 Current Events and Heartfelt Messages
03:58 Exploring Payroll Trends and Innovations
11:00 Message from our Sponsor
12:37 AI in Payroll: Expectations and Desires
21:12 Voice and Text Input for Payroll Automation
22:10 Tax and Compliance Monitoring
22:34 Distributing Reports Securely
23:16 AI for Routine Automation and Workflow Optimization
24:17 Cost-Effective Solutions and Data-Driven Insights
25:26 Enhancing Employee Experience with AI
26:24 Predictive Maintenance and Compliance
27:15 Wage Compression and Minimum Wage Updates
30:04 Ethical AI and Self-Checking Systems
32:27 Future of AI in Payroll Departments
35:15 Conclusion and Viewer Engagement
