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What’s the priority HR tech investment for firms this year?

  • The most important technology HR and payroll solutions for Indian organisations in the next 12 months are integrated HR management platforms, employee self-service portals, automated compliance tracking, and AI-powered payroll systems.
  • Leaders prioritize payroll modernization and integrated payroll technology platforms for streamlining payroll operations before expanding to newer capabilities.
  • AI-powered payroll systems are highly ranked due to their ability to improve efficiency, accuracy, and generate predictive insights into compensation trends.
  • Challenges in adopting and implementing payroll technology include data analytics limitations, integration challenges, security concerns, scalability, customisation, and high costs.

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