68% of small business owners are open to AI in payroll, but only 11% trust it to take over
A survey found 68% of small business owners are open to AI in payroll, but only 11% trust it to run payroll alone.
- 68% of small business owners view AI-powered automation positively, yet many remain hesitant to trust the technology with their payroll processes.
- Spending three to five hours per period double-checking time sheets, many owners find managing payroll day-to-day to be a time-consuming burden.
- Payroll mistakes are common, as 63% of small businesses have reported errors, including incorrect payment amounts, miscalculated taxes, and missed payments.
- Google Herb Woerpel, an expert from OnTheClock, reports that leaders prioritize accuracy, observing that owners demand financial guarantees from providers before adopting AI tools.
- Structured training programs reduce payroll discrepancies, as business owners relying on trial-and-error methods report significantly higher payroll error rates across their companies.
45 Articles
45 Articles
68% of small business owners are open to AI in payroll, but only 11% trust it to take over - Seward Independent
Business owners know what payroll costs on paper: wages, taxes, and maybe a software subscription. What doesn't show up in the budget are the hours spent double-checking a time sheet, the worry about whether a rate was entered correctly, or the awkward conversation if a paycheck lands short.To see just how deep those costs run, OnTheClock surveyed more than 500 small and mid-sized business owners and payroll decision-makers. The results show how…
68% of small business owners are open to AI in payroll, but only 11% trust it to take over
OnTheClock reports that 68% of small business owners are open to AI in payroll, but only 11% trust it fully, concerned about errors and responsibility.
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