David Woodward, chief product and technology officer for Zellis, joins host Brent Skinner for this episode of the podcast. The topic is real-time payroll, whose benefits are manifold.
First off, the payroll administrator's work life becomes easier and more productive. Important as this is, however, the impact of real-time payroll extends well beyond introducing newfound efficiency to payroll processing itself or even simplifying the execution of earned wage access.
Imagine, for example, combining artificial intelligence with real-time payroll to instruct the scheduling module, automatically, to offer employees extra shifts so they don't run out of money before the payroll period ends. Now you're supporting the employee experience holistically with an implicit financial wellness program and, potentially, setting the stage for improvements in work-life balance, too. It’s one of many examples David and Brent discuss.
