Wall Street banks are now harnessing the power of Artificial Intelligence (AI) for their financial assessments, a move that underscores AI's growing influence in detecting fraud, bolstering derivative trading, and streamlining the creation of labor productivity reports. Workday Inc., a leading global provider of employee management software, recently introduced several new AI-based products. These innovations are designed for AI-assisted job description writing and aiding managers in crafting annual employee performance reviews. Several banks have expressed interest in these products, attracted by the potential for cost reduction and optimization of current operations. Previously, drafting job descriptions for 100 employees took 7 hours. With AI, it takes just 2 minutes which is a significant leap in productivity, the developers pinpoint. Workday's market capitalization has exceeded $60 billion. The company's product range is diverse, covering everything from payroll calculation, expense tracking, and absence monitoring, to candidate selection for specific roles. The employee appraisal process is now shorter and more effective. Additionally, management can monitor employees' unproductive use of time. According to a study by the advisory firm Corporate Executive Board, an average manager spends 210 hours each year doing employee reviews. With this innovative technology, employers can potentially reduce the workweek to just 3.5 days, marking a significant shift in workforce management and efficiency.