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Rise Glossary

What is Payroll Automation?

Payroll automation refers to the use of technology, such as software, to manage the process of calculating and disbursing employee pay. This process typically includes tasks such as calculating hours worked, applying pay rates, deducting taxes and benefits, and issuing payments. Payroll automation aims to streamline and simplify the payroll process, reducing the time and effort required to manually calculate and process payroll. The automation also helps to ensure accuracy, consistency, and compliance with tax laws and regulations. Additionally, payroll automation can provide employees with access to their pay stubs and other payroll information electronically, allowing them to view their earnings and deductions in real-time.