The familiar landscape of payroll, with its paper trails and time-consuming calculations, is rapidly fading into the past. New tech and a changing workforce are making payroll faster, more automatic, and more data-focused. But what does this mean for businesses, and how can they prepare for this evolving landscape?
Let’s explore how AI and automation are impacting various aspects of payroll, from data entry to compliance. We’ll also discuss how today’s diverse and tech-savvy workforce is shaping the future of payroll. This will guide you through the changes and help you build a successful business for the new era.
What are the key changes in payroll systems that occurred in 2023?
The landscape of payroll underwent a dramatic shift in 2023. A period of significant transformation, driven by technological advancements and a changing workplace landscape. Here’s a glimpse of how payroll systems have evolved in 2023:
Gone are the days …