{"id":799589,"date":"2025-01-10T10:03:09","date_gmt":"2025-01-10T15:03:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\/"},"modified":"2025-01-10T10:03:09","modified_gmt":"2025-01-10T15:03:09","slug":"isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\/","title":{"rendered":"ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms"},"content":{"rendered":"

<\/p>\n

ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms<\/b><\/p>\n

Enterprises seek integrated, scalable, compliant payroll systems that can serve remote workers and provide on-demand wage access<\/b><\/p>\n

STAMFORD, Conn.–(BUSINESS WIRE<\/a>)–
\nNew business models, a rapidly expanding remote workforce and increasing demand for real-time, automated systems powered by AI are driving payroll transformation, according to a new series of research reports from leading global technology research and advisory firm Information Services Group (ISG<\/a>) (Nasdaq: III<\/a>).<\/p>\n

\nThe ISG Payroll Management Buyers Guides, produced by ISG Software Research (formerly Ventana Research), identify two trends that are setting new expectations for payroll systems: the rise of real-time payroll, which allows workers to access their earned wages rather than waiting for the pay period to end, and the increasing use of AI and machine learning to detect anomalies in payroll data, ensure compliance with local laws and forecast payroll expenses based on historical data.<\/p>\n

\n\u201cDemand for dynamic, real-time solutions that can handle the tax implications of employees working across state and national borders and the rise of real-time payroll is requiring enterprises to make rapid adjustments,\u201d said Matthew Brown, director of Research, Human Capital Management, ISG Software Research. \u201cPayroll systems must keep pace with regulatory changes and align with broader HR and organizational strategies to minimize risk, drive operational efficiency and enhance employee experience.\u201d<\/p>\n

\nPayroll teams now collaborate more closely with HR and finance departments, underscoring the need for modern payroll platforms that integrate with other departments\u2019 software and provide a more holistic approach to workforce management, the reports say.<\/p>\n

\nEnterprises are turning to AI- and cloud-based payroll systems to accomplish those goals. AI-powered systems analyze local labor laws, apply that analysis to payroll calculations and ensure compliance across multiple jurisdictions. Cloud-based payroll systems offer scalability, flexibility and enhanced security compared with traditional on-premises systems while enabling organizations to manage payroll operations from anywhere in the world.<\/p>\n

\nWhile AI and automation offer new tools for compliance, many organizations are still grappling with the challenges of adapting legacy systems to contemporary software, the Buyers Guides say.<\/p>\n

\nEnterprises may also be missing opportunities to capitalize on the use of payroll systems as tools that offer a unique touchpoint for communicating important updates, sharing benefits information or highlighting key company initiatives. The reports say integrating communication into payroll can help companies foster a stronger connection with the workforce.<\/p>\n

\nFor its 2024 Payroll Management Buyers Guides, ISG evaluated software providers across five platform categories \u2013 Payroll Management, Global Payroll, International Payroll, Multi-Country Payroll, and US Payroll \u2013 and produced a separate Buyers Guide for each. A total of 24 providers were assessed: ADP, BambooHR, Darwinbox, Dayforce, Deel, Gusto, Infor, isolved, Namely, Neeyamo, Netchex, Oracle, Oyster, Papaya Global, Paychex, Paycom, Paycor, Paylocity, Rippling, SAP, UKG, Unit4, Workday and Zellis.<\/p>\n

\nISG Software Research designates the top three software providers as Leaders in each category. For the 2024 study, the leading providers in ranked order are:<\/p>\n

Payroll Management:<\/b> ADP, Oracle and UKG
\n
Global Payroll:<\/b> ADP, Oracle and UKG
\n
International Payroll:<\/b> ADP, Oracle and UKG
\n
Multi-Country Payroll:<\/b> ADP, Oracle and UKG
\n
US Payroll:<\/b> ADP, Oracle and UKG<\/p>\n

\n\u201cThe future of payroll is not just about processing payments,\u201d said Mark Smith, partner of Software Research at ISG. \u201cIt\u2019s about creating a more agile, compliant and worker-centered function that supports the long-term success of the organization. Now is the time for organizations to take the next step and make payroll a driving force for positive change.\u201d<\/p>\n

\nThe ISG Payroll Management Buyers Guides are the distillation of more than a year of market and product research efforts. The research is not sponsored nor influenced by software providers and is conducted solely to help enterprises optimize their business and IT software investments.<\/p>\n

\nVisit this webpage<\/a> to learn more about the ISG Payroll Management Buyers Guides and read executive summaries of each of the five reports. The complete reports, including provider rankings across seven product and customer experience dimensions and detailed research findings on each provider, are available by contacting<\/a> ISG Software Research.<\/p>\n

About ISG Software Research<\/b><\/p>\n

\nISG Software Research, previously Ventana Research, provides authoritative market research and coverage of the business and IT software industry. It distributes research and insights daily through its user community, and provides a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Its on-demand service provides structured education and advisory support through subject-matter experts. ISG Buyers Guides support the RFI\/RFP process and help enterprises evaluate and select software providers through tailored assessment services and the ISG Software Research Value Index methodology. Visit www.ventanaresearch.com<\/a> for more information and to sign up for free community membership.<\/p>\n

About ISG<\/b><\/p>\n

\nISG (Information Services Group) (Nasdaq: III<\/a>) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world\u2019s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries\u2014a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry\u2019s most comprehensive marketplace data. For more information, visit www.isg-one.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250110519604\/en\/<\/a><\/span><\/p>\n

Press Contacts:
\n<\/b><\/p>\n

Will Thoretz, ISG
\n
+1 203 517 3119
\n
will.thoretz@isg-one.com
\n<\/a><\/p>\n

Julianna Sheridan, Matter Communications for ISG
\n
+1 978 518 4520
\n
isg@matternow.com<\/a><\/p>\n

KEYWORDS:<\/b> Connecticut United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Consulting Data Management Technology Professional Services Security Software Artificial Intelligence Networks Internet Human Resources Electronic Design Automation<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms Enterprises seek integrated, scalable, compliant payroll systems that can serve remote workers and provide on-demand wage access STAMFORD, Conn.–(BUSINESS WIRE)– New business models, a rapidly expanding remote workforce and increasing demand for real-time, automated systems powered by AI are driving payroll transformation, according to a new series of research reports from leading global technology research and advisory firm Information Services Group (ISG) (Nasdaq: III). The ISG Payroll Management Buyers Guides, produced by ISG Software Research (formerly Ventana Research), identify two trends that are setting new expectations for payroll systems: the rise of real-time payroll, which allows workers to access their earned wages rather than waiting for the … <\/p>\n

Continue reading “ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799589","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms Enterprises seek integrated, scalable, compliant payroll systems that can serve remote workers and provide on-demand wage access STAMFORD, Conn.–(BUSINESS WIRE)– New business models, a rapidly expanding remote workforce and increasing demand for real-time, automated systems powered by AI are driving payroll transformation, according to a new series of research reports from leading global technology research and advisory firm Information Services Group (ISG) (Nasdaq: III). The ISG Payroll Management Buyers Guides, produced by ISG Software Research (formerly Ventana Research), identify two trends that are setting new expectations for payroll systems: the rise of real-time payroll, which allows workers to access their earned wages rather than waiting for the … Continue reading "ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T15:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250110519604r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms\",\"datePublished\":\"2025-01-10T15:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/\"},\"wordCount\":991,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20250110519604r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/isg-study-says-need-for-flexibility-is-driving-demand-for-ai-powered-payroll-platforms\\\/\",\"name\":\"ISG Study Says Need for Flexibility is Driving Demand for AI-Powered Payroll Platforms - 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