JULY 2020HR TECH OUTLOOK6As the COVID-19 pandemic is necessitating remote and working-from-home culture, it is having a significant impact on payroll systems. It is putting a strain on the payroll system and its integrated time-keeping capabilities. With more people working remotely and the workforce database growing, an efficient time-keeping system is essential to keep pace with this new way of working. At this juncture, HR departments need to adapt and innovate to leap ahead.Now, there is a slew of technologies in the market that can help HR managers make this jump without risking a costly fortune. AI is undoubtedly one of the crucial pieces of innovation. From simple automation of mundane tasks to tackling complex tasks like variable pay calculation, AI is leading the way. Additionally, natural language processing is taking precedence as handwritten reimbursement notes are also being added during the final compensation calculation. However, to draw the maximum potential of these innovations, companies need a solid foundation for incorporating an accurate and secure payroll system in its core functions.In this edition of HR Tech Outlook, we bring you the story of some of the most successful payroll solution providers that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts and exclusive insights from CHROs and CXOs. We hope this edition of HR Tech Outlook will provide you with the right assistance in choosing the best payroll solutions according to your requirements.Let us know your thoughts!The Art of Creating a Pandemic-Proof Payroll SystemHanna WilsonManaging Editoreditor@hrtechoutlook.comManaging EditorHanna WilsonEditorial StaffSalesAaron PierceAva Garcia Philo VazRussell ThomasVisualizersChris LynnCalvin JamesEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CHROs and CXOs to our editorial staffContact Us:Phone:+1 (510)-369-5331Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOKJuly - 02 - 2020, Volume 06, Issue 24 (ISSN 2644-2477)Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Jaxon Jase
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