Payroll firm Remote reports 50% revenue per employee gain after AI adoption
The Story
Remote, an Amsterdam-based payroll service provider, said it surpassed $300 million in annual recurring revenue and became cash-flow positive. The company reported a 50% increase in revenue per employee after adopting artificial intelligence across all levels of the organization without adding headcount. CEO Job van der Voort attributed much of the growth to AI adoption, though the company has not provided independent verification of all figures.
Key Facts
- Remote surpassed $300 million in annual recurring revenue and became cash-flow positive.
- The company reported a 50% increase in revenue per employee after adopting AI across all levels.
- CEO Job van der Voort said he runs five Claude instances on his laptop for building various things.
- Remote created an internal marketplace called Remote Labs for employees to launch apps.
- Remote now offers clients custom workflow creation through Remote Build, which deploys engineers to work directly with customers.
- Remote’s core payroll business has grown more than 300% year over year, according to the company.
- The company says it serves tens of thousands of companies.
- Volume of contributions from Remote’s engineers has risen more than 60% over the last year.
- Over the last month, more than 85% of Remote’s code was written by AI, according to van der Voort.
- Remote’s hiring plans have been reduced, but no job cuts have occurred.
- The company launched Remote MCP, an interface using the Model Context Protocol that allows AI agents and external platforms like BambooHR and Workday to access payroll and compliance data.
- Van der Voort noted that AI spending is increasing but is manageable because efficiency gains provide room.
Conflicting Reports
No conflicting reports identified in the source article.
Still Unclear
Remote’s claim of more than 300% year-over-year growth for its core payroll business has not been independently verified.
Misconceptions
No widespread misconceptions addressed in the source article.
Key Figures
- Job van der Voort – CEO of Remote
