This study investigates the transformative impact of Financial Technology (FinTech) on the administrative efficiency of Human Resource (HR) departments thus streamlining the HR financial workflows. Traditionally, HR administrative tasks—specifically payroll, employee reimbursements, and benefits disbursement—have been plagued by manual errors, high transaction costs, and latency. As organizations undergo digital transformation, the integration of FinTech into such HR financial workflows has emerged as a critical driver of operational excellence. Drawing on Transaction Cost Theory (TCT) and the Technology Acceptance Model (TAM), this research examines how the integration of FinTech platforms enhances operational efficiency and reduces fiscal inaccuracies. The findings suggest that FinTech is no longer merely a financial tool but a core component of strategic HR management. The study concludes with implications for organizational digital strategy and the necessity of upskilling HR professionals in financial data literacy.
Sayyed et al. (Fri,) studied this question.