Deloitte and Payslip Power €5bn Payroll Payments with AI

Global payroll company Payslip declares it has successfully automated over 1.3 million payslips totalling €5bn (US$5.8bn) over 125 countries through a two-year partnership with consultancy giant Deloitte. 

Using AI to lead and structure a framework, the milestone reflects the ever-growing popularity of AI in automating payments and payroll. 

The companies state that this mirrors the “continued momentum” in the push for further transparency. 

Meeting a demand for unified payroll data, the announcement is timely in light of recent regulatory shifts. 

The EU Pay Transparency Directive (EUPTD) declares that members of EU states must be more transparent about pay and reporting. 

By implementing these requirements, member states support the EUPTD goal of improving equal pay opportunities and reducing gender pay inequality. 

With the deadline set for June 2026, companies are not only facing pressure to implement these changes, but also to produce payroll data in an audit-ready format. 

This means consolidating data that can be trapped in contrasting providers – a complex problem faced particularly by multinational businesses. 

Deloitte’s Global Payroll operation has seen popularity as it poses a solution to some issues faced by the accelerating regulatory timeline. 

Assisting with compliance and transparency directives, the operation integrates Payslip technology with the global consulting firm’s expertise. 

Nathan Male, Global Payroll Operate Service Leader at Deloitte notes: “As organisations prepare for new pay transparency reporting requirements across Europe and other regions, many are recognising that fragmented payroll environments make it difficult to produce consistent, reporting-ready data. 

“Through our partnership with Payslip, Deloitte is helping clients bring global payroll data together to improve oversight across multi-country operations and support expansion into new markets without adding operational complexity.”

A case study into efficiency

Payslip’s technology combines advanced payroll control automation with AI, providing a more comprehensive view of payroll processes. 

The company states that customers who have switched towards a more centralised automated control system benefit from measurable improvements:

• Reduced payroll errors: Automated controls and validations lead to a 96% reduction in payroll errors
• Improved global visibility: Standardised reporting and analytics provide enhanced visibility across 125 jurisdictions
• Increased operational efficiency: Seamless integration between HCM and finance systems cuts manual processing time by 40%
• Robust compliance: Enhanced oversight effectively prevents costly penalties.
• Scalability for growth: A flexible model supports rapid growth by allowing for the smooth onboarding of new countries and vendors.

Fidelma McGuirk, Founder and CEO of Payslip, comments: “As global payroll complexity continues to rise with new regulations, organisations need to comply but also recognize the opportunity to use payroll as a strategic lever. 

“Payslip’s mature enterprise grade control, automation and AI platform makes sense of data and Payslip’s AI superpowers payroll operations for some of the world’s largest global companies. 

“Payslip’s partnership with Deloitte combines Deloitte’s global advisory and transformation expertise with Payslip’s Payroll Control Technology to help multinational organisations bring greater control, clarity and data readiness to global payroll operations.”

Payslip also state that according to a universal customer declaration, signed by its most notable enterprise clients, pay runs were increased by 40% in addition to full audit readiness across global operations. 

Deloitte and Payslip intend to continue investing in AI and automation with aims of providing support to multinational organisations in the race to scale payroll operations worldwide.