HOW AI WILL MAKE IT EASIER TO PREDICT STAFFING REQUIREMENTS AND AVAILABILITY?
HR and payroll are one of the most personalised functions of any business organisation. Though these functions always need human touch, it has become important for organisations to consider automation & AI to handle voluminous data and become more efficient.
SMART ROSTER MANAGEMENT
At present, there are several payroll solutions in the industry that give companies the power to manage employee rosters, too. With amalgamation of AI with payroll & roster management, the arena will transform, immensely. Managers will be able to automate roster development process by linking past work patterns, stress levels, employee’s performance, attendance records and other insights for cost and performance optimisation.
BETTER DATA MANAGEMENT
Data management is one of the most time consuming and costly affairs for a payroll department. Approving several leave requests, time sheets and changes in payroll before actual processing leads to chances of errors and inefficiency. AI-powered approval-less solutions that would learn from past data and insights. Such solutions would leave exceptions for human managers while handling common tasks on their own, saving hours spent in handling mundane manual tasks.
AUTOMATED REAL-TIME COMPLIANCE MANAGEMENT
Complying with regulatory framework is a critical aspect of payroll ecosystem. And with the dynamic landscape, it becomes more time-consuming and sometimes even frustrating. With the help of AI-powered payroll management systems, organisations will be able to derive insights from legislative changes. These insights will help in understanding how a change would impact the organisational payroll and charting a course of action.
At GDX Group, we believe in understanding your organisational needs to create smart payroll systems that can foster trust, reliability and engagement among employees.