The COVID-19 pandemic, combined with improvements in business connectivity software… Add Cis Onto Papaya Global …
insights are valuable to us and and your fellow guests so first things initially though um let’s get to know everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all kinds of services start-up to matrixed environments across the globe I provided management and technique to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout business guy maning and developing external relationships supporting Business clients and options and serving as a consultant I ‘d like to present our first Greg um guest Greg who will kick things off by telling us um who he is and a little bit more about bamboo HR Greg over to you thanks Ian yeah as Ian said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal team and in fact work very carefully with our um HR department also to handle different legal and HR matters that turn up so actually thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our mission is to set you as HR experts totally free to do great
Although Papaya Global supplies combinations with various HR and financing systems, we came across some obstacles throughout the integration procedure. Personalizing the software application to line up with our existing facilities showed to be more complicated than expected, resulting in hold-ups in the initial rollout.
The extensive functions offered by Papaya Global come at an expense, which some of our smaller subsidiaries found to be prohibitively costly. As an international organization, we had to thoroughly weigh the requirement for advanced functionality against budget restraints.
Support Response Time:
On occasion, our groups experienced issues that required immediate assistance. However, the action time from Papaya Global’s customer support team was not always as prompt as we would have liked, leading to delays in fixing those problems.
Our application of included a phased technique. We started by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to identify and resolve integration challenges early on. As the software application became more instilled in our operations, we gradually expanded its use to cover our entire international labor force.
The automated features streamlined our payroll processes, reducing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our teams become proficient users of the software, optimizing its potential for our organization.
However, paying a labor force can be intricate. It is particularly challenging for companies who employ personnel across numerous countries, as they should constantly combine different data streams, by hand track regional and nationwide labor and guidelines, and spend important time and resources to set up regional entities in new areas. These business are faced with suboptimal, costly choices, like opening a foreign subsidiary or working with an expert employment company, which is a regional company that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble hiring qualified personnel, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers an option supporting all forms of work. It offers an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides management of work benefits, and makes sure information personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist in payroll and labor force management. She co-founded after seeing the technology gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to attend the total webcast in order to get your credits if you have any concerns during the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast study please make sure to complete it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to policy attaining
360 degree worker compliance where we’ll dive into the essential elements of the employee compliance management design throughout the session we’ll explore real world difficulties genuine local regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your company and workers while remaining compliant in an
Ever evolving regulative environment in the everchanging world of business and financing guaranteeing compliance with payroll guidelines is not only essential but likewise a legal necessary from the minute of employing to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance threats that have significant repercussions nevertheless with a much deeper more nuanced understanding of their obligations organizations can not only browse the detailed landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools required to browse the complex Surface of compliance whether you’re a skilled P expert a small business owner or somebody brand-new to the field what I want to do before we start and I think it’s really crucial
In our quest to improve performance and accuracy in handling our worldwide workforce, our multinational corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex job of handling across different nations, currencies, and compliance policies.