Remote news

Payroll provider Remote has surpassed $300 million in annual recurring revenue and achieved positive cash flow. The company attributes this success to AI adoption, which led to a 50% increase in revenue per employee without expanding its workforce, highlighting AI's impact on operational efficiency.

Payroll startup Remote has become cash-flow positive after reaching $300 million in annual recurring revenue. The company attributes this success to a 50% increase in revenue per employee, achieved through the strategic adoption of artificial intelligence tools without expanding its workforce.