Payroll has evolved leaps and bounds! From fundamental limitations making it a predominantly transactional function in years’ past, the transformation has been wholesale. Now is the time for payroll people to embrace their future, to critically examine the steps required for them to transcend administrative tedium and, thus, elevate their station.
Joining host Brent Skinner for this episode of the podcast is Jim Medlock, whose uncommon perspective on payroll comes from observing first hand the profound changes payroll has undergone over many decades’ worth of time.
Their discussion explores the competencies, technologies, and organizational shifts that empower payroll to influence strategic decision-making. They also touch on the urgent need to capture the invaluable know-how of seasoned professionals who possess hands-on experience with processing payroll from scratch, without the help of technology – a vanishing, critical understanding that can inform future technological innovation in this field and risk management in an increasingly automated world.