Homebase, the one-platform solution for payroll, team management, and hiring, has introduced its new AI-powered Payroll Assistant, which will allow small businesses to pay payroll faster, smarter, and more precisely. The rollout follows a year of hyper-growth, during which Homebase paid payroll over $5 billion and more than 7 million paychecks since 2022.
Payroll is a big pain point for small companies. It often involves manual entry, timecard reconciliations, and numerous systems. Payroll Assistant solves these issues by catching and fixing timecard mistakes like an omitted break, a premature punch, or a missing clock-out before processing payroll. It enables workers to correct issues in advance and provides managers with easy-to-read reports. This avoids costly mistakes and compliance issues.
“Payroll has long been a headache for small businesses, with many systems and steps,” Homebase CEO John Waldmann said. “Homebase’s range of AI Assistants, including our new Payroll Assistant, helps pinpoint and correct issues before they are mistakes, simplifies the tasks, and provides confidence in between.”. Our Payroll Assistant will help Homebase achieve our overall goal of saving 100M hours within the next year, hours that can be re-directed back to their companies, employees, and communities.”
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Homebase’s Payroll Assistant is only one component of its overall AI innovation strategy, giving small businesses real-time visibility into labor cost and compliance trends. Beta customers report saving nearly two additional hours per month, supplementing the average time saved with Homebase Payroll of 80 hours per year—the equivalent of two complete work weeks.
With these developments, Homebase remains committed to making the functions of small businesses simpler through intelligent automated solutions.
