Paychex unveils wearable tech, teases products for 2020

Accounting

HR and payroll solutions provider Paychex introduced several new products this month, including a smartwatch plug-in for Flex Time users. Some of the new products make use of artificial intelligence software and GPS functionality to push payroll technology into the high-tech arena, and some will be fully launched next year.

“The future of HR will be about personalizing the work experience for individuals,” said Tom Hammond, Paychex vice president of corporate strategy and product management, in a statement. “In today’s fast-paced environment, HR professionals are doing everything they can to drive productivity, contribute to company strategy, and engage employees who are both self-sufficient and afforded the flexibility they need to be successful.

“Employers need to be investing in technologies today that will meet the evolving needs of employees – from how and when they want to be paid to where they physically do their jobs and what solutions and tools augment their work,” Hammond added. “We are thrilled to be at the industry’s leading technology-focused tradeshow to showcase our latest solutions, which we feel position Paychex customers for future growth and enable them to better compete in a historically tight labor market.”

The new solutions are as follows:

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