Business
Paylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software
Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise
About this update from Paylocity Holding Corporation
[{"type":"text","content":"Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise\nSCHAUMBURG, Ill., March 21, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY) today announced AI Assist™, a landmark achievement in HR technology with the integration of generative Artificial Intelligence (AI) into its core HCM platform. Built using an integration with OpenAI—the developer of ChatGPT—AI Assist gives HR professionals, leaders, and employees the power to create highly effective communications in less time. AI Assist can quickly draft ready-to-send communications and announcements directly in the Paylocity platform based on a simple prompt from users. AI Assist follows several other innovations Paylocity has built into the industry's most modern HCM platform to help organizations increase insight, bolster productivity, and drive better business outcomes. AI Assist is the latest enhancement to Community, Paylocity’s social collaboration hub, which is an integrated part of the Paylocity platform that improves communication and fosters employee connection. Communication is at the core of building culture and becoming an employer of choice, yet many organizations struggle to keep their workforce engaged with traditional email and antiquated intranets. Deskless and on-the-go employees, hybrid work, language barriers, and countless other factors all create challenges to successful employee engagement. Paylocity has seen record growth in adoption of Community, demonstrating increasing demand among employers for solutions that strengthen collaboration and build company culture. Paylocity continues to add modern, employee-focused features that go beyond capabilities found in legacy HCM systems. Recently released features include enhanced chat, which provides the ability to record and send voice messages, and new collaboration features such as drag-and-drop file sharing in groups. “Every company I talk with is searching for more intelligent and personalized ways to improve employee engagement so they can stay ahead of an increasingly competitive and uncertain labor market,\" said Steve Beauchamp, co-CEO of Paylocity. \"AI Assist builds on the powerful employee experience features we’ve embedded across our platform to not only connect with employees in new, more effective ...