Paylocity Debuts AI Assistant to Simplify and Accelerate HR Processes
Paylocity (NASDAQ: PCTY) has unveiled its new AI Assistant, a conversational AI-driven tool designed to streamline HR processes and enhance employee experience. This innovation builds on Paylocity's existing AI capabilities, offering real-time, contextual support across the platform. The AI Assistant aims to simplify HR-related tasks for professionals and provide intuitive assistance to employees.
Key features of the AI Assistant include:
- Faster completion of administrative tasks for HR professionals
- Immediate, context-aware guidance for employees
- Customized responses based on user activity and recent actions
- Self-serve support for product training and configuration guidance
- Enhanced self-service capabilities with personalized prompts and responses
The AI Assistant is currently available to all Paylocity clients as part of its core HR and Payroll offering, with expanded functionality expected this winter.
Paylocity (NASDAQ: PCTY) ha presentato il suo nuovo Assistente AI, uno strumento di intelligenza artificiale conversazionale progettato per semplificare i processi HR e migliorare l'esperienza dei dipendenti. Questa innovazione si basa sulle capacità AI esistenti di Paylocity, offrendo supporto contestuale e in tempo reale su tutta la piattaforma. L'Assistente AI mira a semplificare i compiti legati all'HR per i professionisti e fornire assistenza intuitiva ai dipendenti.
Le principali caratteristiche dell'Assistente AI includono:
- Completamento più rapido delle attività amministrative per i professionisti HR
- Guida immediata e contestuale per i dipendenti
- Risposte personalizzate basate sull'attività dell'utente e sulle azioni recenti
- Supporto self-service per la formazione sui prodotti e linee guida alla configurazione
- Capabilities self-service migliorate con suggerimenti e risposte personalizzate
L'Assistente AI è attualmente disponibile per tutti i clienti Paylocity come parte della sua offerta core per HR e Payroll, con funzionalità ampliate previste per questo inverno.
Paylocity (NASDAQ: PCTY) ha presentado su nuevo Asistente AI, una herramienta impulsada por inteligencia artificial conversacional diseñada para optimizar los procesos de recursos humanos y mejorar la experiencia del empleado. Esta innovación se basa en las capacidades de AI existentes de Paylocity, ofreciendo soporte contextual y en tiempo real en toda la plataforma. El Asistente AI tiene como objetivo simplificar las tareas relacionadas con recursos humanos para los profesionales y brindar asistencia intuitiva a los empleados.
Las características clave del Asistente AI incluyen:
- Finalización más rápida de tareas administrativas para profesionales de recursos humanos
- Orientación inmediata y contextual para los empleados
- Respuestas personalizadas basadas en la actividad del usuario y acciones recientes
- Soporte autogestionado para capacitación de productos y guía de configuración
- Mejoradas capacidades de autoservicio con mensajes y respuestas personalizadas
El Asistente AI está actualmente disponible para todos los clientes de Paylocity como parte de su oferta principal de Recursos Humanos y Nómina, con funcionalidades ampliadas esperadas para este invierno.
Paylocity (NASDAQ: PCTY)는 HR 프로세스를 간소화하고 직원 경험을 향상시키기 위해 설계된 대화형 AI 기반 도구인 AI 어시스턴트를 공개했습니다. 이 혁신은 Paylocity의 기존 AI 기능을 기반으로 하여 플랫폼 전반에 실시간으로 맥락에 맞는 지원을 제공합니다. AI 어시스턴트는 전문가가 HR 관련 작업을 간소화하고 직원에게 직관적인 도움을 제공하는 것을 목표로 합니다.
AI 어시스턴트의 주요 기능은 다음과 같습니다:
- HR 전문가를 위한 행정 작업의 더 빠른 완료
- 직원에 대한 즉각적이고 맥락 인식적인 지침
- 사용자 활동 및 최근 작업을 기반으로 한 맞춤형 응답
- 제품 교육 및 설정 지침을 위한 셀프 서비스 지원
- 개인화된 프롬프트 및 응답으로 향상된 셀프 서비스 기능
AI 어시스턴트는 현재 Paylocity의 모든 고객이 핵심 HR 및 급여 서비스의 일환으로 이용할 수 있으며, 이번 겨울에 기능 확장이 예정되어 있습니다.
Paylocity (NASDAQ: PCTY) a dévoilé son nouvel Assistant IA, un outil conversationnel basé sur l'intelligence artificielle conçu pour rationaliser les processus RH et améliorer l'expérience des employés. Cette innovation s'appuie sur les capacités IA existantes de Paylocity, offrant un support contextuel et en temps réel sur l'ensemble de la plateforme. L'Assistant IA vise à simplifier les tâches liées aux RH pour les professionnels et à fournir une assistance intuitive aux employés.
Les principales caractéristiques de l'Assistant IA incluent :
- Achèvement plus rapide des tâches administratives pour les professionnels des RH
- Orientation immédiate et consciente du contexte pour les employés
- Réponses personnalisées en fonction de l'activité de l'utilisateur et des actions récentes
- Support en libre-service pour la formation sur les produits et les directives de configuration
- Capacités de libre-service améliorées avec des invites et des réponses personnalisées
L'Assistant IA est actuellement disponible pour tous les clients de Paylocity dans le cadre de son offre principale de RH et de paie, avec des fonctionnalités élargies attendues cet hiver.
Paylocity (NASDAQ: PCTY) hat seinen neuen AI-Assistenten vorgestellt, ein von künstlicher Intelligenz betriebenes Gesprächstool, das entwickelt wurde, um HR-Prozesse zu optimieren und die Mitarbeitererfahrung zu verbessern. Diese Innovation basiert auf den bestehenden KI-Funktionen von Paylocity und bietet kontextabhängige Unterstützung in Echtzeit über die gesamte Plattform. Der AI-Assistent zielt darauf ab, HR-bezogene Aufgaben für Fachkräfte zu vereinfachen und intuitive Hilfe für Mitarbeiter bereitzustellen.
Die wichtigsten Funktionen des AI-Assistenten umfassen:
- Schnellere Erledigung administrativer Aufgaben für HR-Profis
- Sofortige, kontextbezogene Anleitung für Mitarbeiter
- Angepasste Antworten basierend auf Nutzeraktivitäten und aktuellen Aktionen
- Selbstbedienungsunterstützung für Produktschulungen und Konfigurationsanleitungen
- Verbesserte Selbstbedienungsfunktionen mit personalisierten Aufforderungen und Antworten
Der AI-Assistent ist derzeit für alle Paylocity-Kunden im Rahmen des zentralen Angebots für HR und Lohnbuchhaltung verfügbar, mit erweiterten Funktionen, die für diesen Winter erwartet werden.
- Introduction of AI Assistant to streamline HR processes and improve efficiency
- Potential for cost savings and time reduction in HR administrative tasks
- Enhanced self-service capabilities for employees, reducing workload on HR teams
- AI Assistant available to all Paylocity clients at no additional cost
- Expanded functionality planned for winter release
- None.
Insights
Paylocity's introduction of the AI Assistant represents a significant advancement in HR technology. This AI-driven tool has the potential to revolutionize HR processes by offering real-time, contextual support across the platform. The key benefits include:
- Streamlined administrative tasks for HR professionals
- Improved employee self-service capabilities
- Personalized assistance based on user roles and permissions
- Potential cost savings through increased efficiency
The AI Assistant's ability to handle product-related inquiries and provide configuration guidance could lead to faster adoption and implementation of Paylocity's platform. This innovation positions Paylocity as a leader in AI integration within the HCM space, potentially giving them a competitive edge. However, the true impact on Paylocity's market position and financial performance will depend on user adoption rates and the AI's ability to deliver consistent, accurate support.
Paylocity's AI Assistant launch aligns with the growing trend of AI integration in enterprise software. This move could potentially:
- Increase Paylocity's customer retention rates by enhancing user experience
- Attract new clients seeking advanced HR tech solutions
- Differentiate Paylocity in the competitive HCM market
The inclusion of AI Assistant in the core HR and Payroll offering, without additional cost, could be seen as added value for existing and prospective clients. This strategy may help Paylocity capture market share from competitors who charge extra for AI features. However, the long-term impact on revenue and profitability will depend on how effectively the AI Assistant reduces support costs and drives platform adoption. Investors should monitor user feedback and adoption metrics in upcoming quarters to gauge the success of this initiative.
Building on the company’s record of AI innovation, the new AI Assistant offers faster support and contextual guidance, driving efficiency and cost savings
SCHAUMBURG, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Paylocity Elevate Conference – Paylocity (NASDAQ: PCTY), a leader in cloud-based HR, payroll, and spend management software solutions, announces AI Assistant, a powerful conversational AI-driven assistant designed to streamline HR processes and elevate the employee experience. Building on Paylocity’s long-standing AI-driven capabilities—such as personalized recommendations, sentiment analysis, and predictive workforce insights—the Paylocity AI Assistant simplifies HR-related tasks with real-time, contextual support across the Paylocity platform. This innovation empowers HR professionals to navigate processes with ease and will deliver intuitive, personalized assistance to end-user employees.
For HR professionals, AI Assistant not only enables faster completion of their own administrative tasks, it also answers questions from employees, which frees up time to focus on more strategic work. For employees, AI Assistant offers immediate, context-aware guidance directly within the Paylocity platform, reducing delays in getting answers and improving the employee experience. The AI assistant answers Paylocity product-related inquiries while customizing responses within the context of the user’s current activity and recent actions.
"As the first HCM provider to incorporate generative AI into its platform, Paylocity has led the charge in leveraging AI to simplify and transform the way work gets done," said Toby Williams, President and CEO of Paylocity. "With Paylocity AI Assistant, we’re removing some of the inefficiencies HR teams and employees face. It’s a powerful tool that modernizes HR processes, making day-to-day tasks easier and faster by delivering real-time, intuitive support."
Increasing Efficiency and Maximizing Value Among HR Professionals and Employees
To ensure HR administrators are supported throughout the complete Paylocity implementation process and beyond, Paylocity’s AI Assistant provides self-serve support for product training, offers configuration guidance, and suggests best practices to gain the most value out of the Paylocity platform. HR administrators can also create customer service cases through the AI Assistant, with immediate confirmation and case numbers for tracking, which helps users quickly get to the task or action they are looking to accomplish.
Facilitating Employee Self-Service to Save Time and Reduce Administrative Tasks
For all employees, the AI Assistant will enhance self-service capabilities within the Paylocity platform by providing contextual and personalized prompts and responses and can tailor its interactions more specifically to each user without repetitive information gathering. It recognizes each user’s role to anticipate specific needs and provide information while adhering to the permissions model set by administrators. And it will soon provide more detailed information like PTO or leave policies, so employees won’t require as much support from HR teams, enabling HR leaders to spend more time on strategic work instead of administrative tasks.
"I've seen tremendous value in how Paylocity’s AI Assistant streamlines our HR processes. Time is of the essence in HR. With Paylocity’s AI Assistant, I can quickly ask specific questions and receive prompt answers," said Kelly Franzen, Director of HR, at Barlean’s. "The speed at which it provides answers and simplifies tasks has significantly reduced the time our HR team spends on manual processes. It’s intuitive and easy to use, allowing us to manage our administrative work more efficiently so we have more time to focus on strategic initiatives. We appreciate innovation at our company and love how Paylocity is continuously innovating within the platform."
The AI Assistant is currently available to all Paylocity clients as part of its core HR and Payroll offering, with expanded functionality available this winter. For more information, visit www.paylocity.com.
About Paylocity
Headquartered in Schaumburg, IL, Paylocity (NASDAQ: PCTY) is an award-winning provider of cloud-based HR, payroll, and spend management software solutions. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses automate and streamline HR and payroll processes, attract and retain talent, and build culture and connection with their employees. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help all employees achieve their best. For more information, visit www.paylocity.com.
CONTACT:
Nicole Andergard
nandergard@paylocity.com
FAQ
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