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