Remote, a seven-year-old Amsterdam-based global payroll platform, announced its AI-powered payroll system has surpassed $300 million in annual recurring revenue (ARR) with over 300% year-over-year growth. The company revealed that more than 85% of its code was written by AI in the past month, boosting revenue per employee by 50% without layoffs. This development was detailed in a recent SaaStr report.
Remote introduced Remote MCP, an interface based on the Model Context Protocol, enabling AI agents to securely access payroll, contract, compliance, and organizational data. Platforms like BambooHR and Workday can now integrate Remote as their payroll engine. Additionally, Remote Build embeds engineers with customers to develop AI workflows, while Remote Labs allows employees to deploy AI tools internally. These innovations have expanded Remote’s AI-powered payroll operations to over 100 countries.
The company’s AI integration marks a significant shift in payroll technology, positioning Remote as a leader in automating complex global payroll functions. Its approach contrasts with traditional payroll providers by embedding AI deeply into development and operations, enhancing efficiency without workforce reductions. Remote’s growth and AI adoption reflect broader trends in SaaS where automation and AI are driving productivity and expanding service capabilities.
Remote’s AI-driven payroll platform now supports payroll calculations in more than 100 countries, operating on proprietary engines. The company reported a 60% year-over-year increase in engineering contributions and is focusing on upskilling rather than layoffs, signaling a strategic shift in workforce development aligned with AI adoption.