The new trend of cloud is revolutionizing every field & payroll is no different to the trend. Cloud based ERP is the step companies want to employ going forward, as the system is in cloud, sharing & accessing remotely is easy.
Automation is one more aspect which is in process of taking care of payroll, payroll automation can streamline the process with much more accuracy & further helps in saving time.
AI tech can also be employed with payroll but it will be similar to automation with a slight change of detecting patterns & analyzing, integration with chat bots is something aspiring organization are looking at.
An Payroll and HR software with all these advanced technology will make a killer choice, majority of the industries are going through digital transformation, the one which jumps on this bandwagon & make the most will lead the way going forward.
Source: https://www.keka.com/hr-software/