The COVID-19 pandemic, combined with improvements in business connection software… Eps Submission Papaya Global …
insights are valuable to us and and your fellow attendees so first things first 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 sort of Industries retail and Beauty to Aerospace in all types of organizations start-up to matrixed environments around the world I offered management and method to populations of more than 100,000 employees on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work across business man maning and building external relationships supporting Business clients and solutions and serving as an advisor I ‘d like to present our very first Greg um visitor Greg who will kick things off by telling us um who he is and a bit more about bamboo HR Greg over to you thanks Ian yeah as Ian stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal team and actually work extremely carefully with our um HR department as well to deal with different legal and HR matters that turn up so really 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 professionals complimentary to do fantastic
Although Papaya Global provides integrations with numerous HR and finance systems, we came across some hurdles throughout the combination process. Customizing the software application to align with our existing facilities proved to be more complicated than anticipated, resulting in delays in the preliminary rollout.
The comprehensive features provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively costly. As a worldwide company, we had to carefully weigh the requirement for innovative performance against budget plan constraints.
Support Reaction Time:
On occasion, our teams experienced problems that needed urgent assistance. Nevertheless, the reaction time from Papaya Global’s customer support team was not always as prompt as we would have liked, resulting in hold-ups in fixing those concerns.
Our execution of involved a phased method. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to determine and deal with combination challenges early on. As the software became more ingrained in our operations, we gradually broadened its usage to cover our whole global workforce.
The automated features structured our payroll procedures, decreasing the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our teams become skilled users of the software, optimizing its capacity for our company.
However, paying a labor force can be complicated. It is especially challenging for companies who employ personnel throughout multiple nations, as they must continuously consolidate various data streams, by hand track regional and nationwide labor and guidelines, and spend important time and resources to set up regional entities in brand-new locations. These companies are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or employing an expert employment organization, which is a regional company that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty hiring certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
provides a service supporting all kinds of work. It supplies an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and makes sure data privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and workforce management. She co-founded after seeing the innovation gap in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to receive 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 internet browser with the webcast survey please be sure to finish it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to policy attaining
360 degree worker compliance where we’ll dive into the necessary aspects of the staff member compliance management design throughout the session we’ll check out real world challenges real regional policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and workers while staying certified in an
Ever developing regulative environment in the everchanging world of service and finance guaranteeing compliance with payroll policies is not just essential but likewise a legal crucial from the minute of employing to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have significant repercussions nevertheless with a deeper more nuanced understanding of their commitments companies can not only browse the complex landscape but likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools necessary to browse the complex Surface of compliance whether you’re an experienced P expert a small business owner or somebody new to the field what I would like to do before we start and I think it’s actually crucial
In our quest to enhance performance and accuracy in handling our global workforce, our multinational corporation turned to, a leading and labor force management software. The shift aimed to streamline the complex task of managing throughout numerous nations, currencies, and compliance regulations.