Ep 4: AI in Payroll: Threat, Tool, or Total Game-Changer?

01/12/2025 18 min Temporada 1 Episodio 5
Ep 4: AI in Payroll: Threat, Tool, or Total Game-Changer?

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Episode Synopsis

In this episode of the BundyPlus Podcast, Steve and Levon unpack the real state of AI in payroll — far beyond the hype, fear, and buzzwords. Using insights from the Australian Payroll Association’s report, they break down adoption trends, concerns, and what payroll professionals should expect next.🔍 What we cover:-Why 49% of organisations report zero AI adoption in payroll — and why that’s not surprising-The small percentage actually using AI meaningfully today-The big gap between what payroll professionals want vs. what software vendors currently deliver-The risks and hesitation around AI, from data privacy to accuracy concerns-Why AI still requires strong human oversight (yes, even if HAL wants to run payroll on its own)-Where AI could actually shine: award checking, pattern detection, large-scale data validation-Why “AI will take payroll jobs” isn’t the full story — augmentation is more likely-What vendors need to do next to build trust and drive adoption-How biometric tools, facial recognition, and data structures already set the foundation for future AI💬 Key Themes:• Skills gaps in the industry• Leadership buy-in• Change management• Compliance-first development• Transparency in AI tools• Why accurate time-and-attendance data is the backbone of any future payroll AI🎬 Fun Aside:Steve imagines a future where HAL from 2001: A Space Odyssey refuses to stop payroll processing — and what that says about trust in automation.📈 Why this matters:AI is entering payroll, slowly but surely. The winners will be the organisations (and vendors) who invest in skills, data, and practical use cases — not just flashy tech.➡️ Subscribe for more conversations on payroll, time & attendance, workforce tech, and the future of work.Timestamps:00:00 Introduction: AI in Payroll00:29 Sci-Fi and AI: A Fun Analogy01:13 Welcome Back: Bunny Plus Podcast01:20 AI Adoption in Payroll: Current Trends03:29 Challenges in AI Adoption04:09 The Role of AI in Payroll Jobs06:23 Real-World AI Applications in Payroll08:03 Security Concerns with AI10:24 Future of AI in Payroll13:57 Recommendations for AI Adoption17:02 Conclusion: The Exciting Future of Payroll

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