GLOBAL PAYROLL MAGAZINE
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“In Sweden, we have 642 collective agreements in addition
knowledge is vital. Each country has its own unique set of regulations and requirements, and global payroll operations must account for these differences. Letting the system support you with the interpretation of regulations is rather common, and the trend now is to let AI do even more. AI can assist in interpreting complex regulations and ensuring compliance, but human oversight is still necessary to handle exceptions and unique cases.
to legislation and specific individual settlements. This
complexity means that a standard solution is seldom the answer.”
Rule as Code: The Future of Regulation
In Sweden - following the examples of Estonia and New Zealand - Rule as Code is trending. Rule as Code is the concept of writing digital government rules, legislation, regulation, standards, and policy in a language machines can understand – code. This approach allows for more accurate and efficient implementation of regulations within automated systems. As more and more gets automated, where will the liability lie if things go wrong? The increasing reliance on automation and AI raises important questions about responsibility and accountability. When systems fail or errors occur, determining who is liable can be complex. It is essential to establish clear guidelines and protocols for handling such situations, ensuring that accountability is maintained. Embracing Rule as Code can streamline regulatory compliance and improve accuracy, but it must be accompanied by robust governance frameworks to manage risks effectively.
Secure and Reliable Payroll Operations
With robust contingency plans and maintained payroll expertise, organizations can ensure secure, reliable, and compliant payroll operations, maximizing the benefits of automation and AI.
Author: Zennie Sjölund
Zennie Sjölund is a well-known and highly
respected figure in Global Payroll.
She is the Sweden-based Divisional Director Payroll of Srf konsulterna - the association of Swedish Accounting and Payroll - and has 20 years of payroll industry experience with a special focus on payroll intelligence and trendspotting.
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