Artificial Intelligence (AI) and the Role It Has In Payroll

Description Imagine an entire year's worth of payroll data processed overnight: bonuses, pay raises, equity adjustments, etc.--all done at the press of a button with no errors. Sounds like a fantasy, right? But this dream is about to become to a reality with the help of artificial intelligence (AI). AI is becoming increasingly mainstream in all areas of the corporate arena. In the 2017 Economist Intelligence Unit report Artificial Intelligence in the Real World, 75% of more than 200 business executives surveyed said AI will be actively implemented in their companies within the next three years. Of all the departments within an organization, I believe none is positioned to benefit more than payroll.