Chatbot based Intelligent payroll coming soon: EY and Microsoft
EY and Microsoft will also work together to develop LLMs and new AL tax applications to formalize EY's top tax and payroll intelligence practices.
Chatbot based Intelligent payroll coming soon: EY and Microsoft
Artificial Intelligent easing our life and providing multiple solution to personal and professional life. According, artificial intelligence will improve the functionality and productivity of the job holder.
Specially, the HR function dealt with multi-level critical and crucial data of the employee’s personal and financial information. Similarly, HR need more intelligence to process the payroll data with the required system.
To address the issue of organizations struggling to effectively answer employee Tier-1 questions for a variety of reasons, EY and Microsoft have collaborated to create an intelligent payroll chatbot for the next-generation payroll platform.
The EY intelligent payroll chatbot will modernize payroll employee care, automate payroll administrator controls, and provide strategic insights for workforce development by leveraging the Azure open Al service and EY payroll expertise.
According to proof-of-concept findings, the chatbot will increase employee satisfaction and first-contact-resolution KPIs by more than 50%.
The EY intelligent payroll chatbot will be integrated into the EY employee experience mobile and web applications, which provide employees in 159 countries and 49 languages with compliant payslips, tax documents, and insights.
EY and Microsoft will also work together to develop LLMs and new AL tax applications to formalize EY’s top tax and payroll intelligence practices.
EY and Microsoft will continue to create LLMs and new Al Tax applications to codify EY’s industry-leading tax and payroll intelligence practices. EY is committed to improving the client experience through the use of advanced technologies and generative AI.
Microsoft is thrilled to be a part of this collaboration, which will make use of the Azure open AL service to deliver innovative regulatory compliance solutions that leverage the world’s most advanced Al models.
The EY intelligent payroll chatbot understands the ontological structure of an employee’s payslip using LLMs, and Azure Open Al Services assists EY in responsibly building the latest generative algorithms into their solutions.
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