Article

From Manual to Automated: How AI is Changing the Payroll Landscape

By Christian Kunkel
March 2, 2023

As a small business owner, you know the daily challenges of running a company all too well. From managing finances to overseeing operations and everything in between, it can be a 24/7 job. But the biggest challenge is growing your business, and it’s even harder when you don’t have the right tools. That’s why choosing the right payroll provider is essential to help you streamline your business processes and improve your bottom line.

According to a recent survey, small businesses are responsible for over 60% of new jobs created in the U.S., but only half of them survive past the first five years. Growing a small business requires hard work, and it’s easy to get bogged down with the daily challenges of running a company. But with the right tools in place, you can overcome these challenges and grow your business successfully.

Some of the critical challenges facing small businesses are managing payroll and HR tasks. Traditional payroll companies offer do-it-yourself payroll solutions that can be time-consuming and error-prone, especially for small businesses that need dedicated HR departments. Moreover, as your business grows, so does the complexity of your payroll and HR tasks, making it even harder to manage everything efficiently.

That’s why it’s time for small businesses to invest in the next phase of payroll — automation and AI. 

By choosing Fingercheck as your payroll provider, you can streamline your payroll processes; automate tasks such as calculating payroll taxes, generating paychecks, and tracking employees’ time and attendance; and reduce the risk of errors. This not only frees up your time to focus on other essential tasks, but it also improves the accuracy of your payroll data.

Another challenge facing small businesses is the need for more data and insights to help make informed decisions. With traditional payroll solutions, tracking your payroll data can be complex, making identifying patterns and trends affecting your business challenging. This is where AI and machine learning can help. By analyzing your payroll data, AI can help you identify patterns and trends and provide valuable insights to help you make better decisions to improve your bottom line.

In today’s fast-paced business environment, customer service is crucial when choosing a payroll provider. A good payroll payroll automation software provider should be able to provide you with the support you need to navigate any issues, including answering your questions, providing training and resolving any technical problems.

At Fingercheck, we understand the challenges facing small businesses, and we’re working to bring you to the next phase of payroll by investing in automation and AI. The next time you have to deal with payroll, scheduling or HR tasks, you should be able to use a platform that removes the burden of time-consuming manual tasks. 

Our platform is designed to be easy to use and to provide small business owners with all the tools they need to manage payroll, HR, and time and attendance in one place.

Running a small business is hard work, but growing without the right tools is even harder. By choosing a payroll provider like Fingercheck, small businesses can remove the burden of time-consuming manual tasks and focus on growing their business and achieving their goals.

By investing in automation and AI, small businesses can streamline their payroll processes, reduce the risk of errors, and make better decisions based on valuable insights.

See how we’re using automation and AI today; sign up now to experience it yourself.

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