Payslip has launched PayrunIQ, a new AI tool within its Payslip Alpha suite that enables global payroll teams to analyze payrun data using natural language queries. The tool is designed to help companies like Cloudera and Just Eat uncover anomalies and generate insights 60 times faster, achieving a 99% reduction in manual analysis and saving approximately six hours per analyst each month.
Quick Intel
Payslip launched PayrunIQ, an AI tool for natural language payroll data queries.
It generates insights 60x faster and reduces manual analysis by 99%.
The tool saves approximately six hours per analyst each month.
It helps in faster error resolution during time-sensitive payroll operations.
Payslip processes 1.5 million payslips and €5 billion in salaries annually.
The tool is part of the broader Payslip Alpha AI suite.
Revolutionizing Payroll Intelligence
PayrunIQ represents a significant advancement in payroll technology, turning complex payrun datasets into meaningful, actionable intelligence through an intuitive chat interface. By allowing payroll professionals to simply ask questions in plain English, the tool eliminates the need for laborious manual data mining and spreadsheet analysis. This radically improves decision-making and speeds up the resolution of errors, which is critical during tight payroll cycles.
Embedding AI at the Core of Global Payroll
The launch underscores Payslip's full investment in AI as a core component of its platform, not just an add-on feature. The tool is designed to automate repetitive analysis, proactively highlight potential issues, and empower teams to make confident, data-driven decisions. Fidelma McGuirk, Payslip's CEO & Founder, said: "At Payslip, AI isn't an add-on- it's central to how we help global payroll teams achieve accuracy, control, and speed at scale. This represents our next leap forward, turning complex payrun data into clear, actionable intelligence."
Addressing the Strategic Importance of Global Payroll
The growth of Payslip's platform, which now processes €5 billion in employee salaries across 190+ countries annually, highlights the rising strategic importance of global payroll operations for multinationals. These organizations demand accuracy, scalability, and control, which AI-powered tools like PayrunIQ are built to provide by simplifying complexity and reducing labor-intensive tasks.
This innovation marks a pivotal step in the digital transformation of global payroll, moving the function from a primarily administrative task to a strategic operation powered by intelligent, instant data analysis.
Payslip delivers payroll control, automation and AI for multinational organizations. Purpose-built to simplify and automate global payroll operations, Payslip connects payroll with HR systems and vendor networks into a single, AI-powered platform that delivers visibility, control, and scalability. With standardized data models, deep integrations, and a flexible vendor-agnostic approach, Payslip helps enterprises reduce complexity, enhance compliance, and unlock strategic value from payroll operations.
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