TECHNOLOGY
The rise of artificial intelligence in payroll
T here’s recently been a lot of debate over the rise of AI and the role this will play in businesses in the future. Depending on its application, some commentators say AI is a fantastically useful tool, signalling steps towards automation and machine learning, saving enormous amounts of time and creating lean processes within organisations. Others will highlight the drawbacks, including the lack of regulation, limitless control or threat to the employment market. Regardless of the conflicting views, AI is certainly coming and like any change, businesses can choose to either embrace its arrival or avoid the impacts it could have. Those responsible for an organisation’s strategic goals should be looking to carefully understand the impact this rapid technological advancement will have on various markets. How will AI impact specific consumer markets? How will it impact different roles and responsibilities, such as delivery, sales or the supply chain? What does it David Yewdall explores how artificial intelligence (AI) has started to make its impact on the payroll industry
| Professional in Payroll, Pensions and Reward | November 2023 | Issue 95 52
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