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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.