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insights are important to us and and your fellow participants so first things initially though um let’s learn more about everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Appeal to Aerospace in all types of services startup to matrixed environments around the world I provided management and strategy to populations of more than 100,000 employees on a regular 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 Enterprise customers and services and functioning as an advisor I ‘d like to introduce our 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and actually work extremely closely with our um HR department as well to deal with different legal and HR matters that turn up so truly thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR experts totally free to do fantastic

Application Challenges:
Although Papaya Global supplies combinations with different HR and financing systems, we encountered some obstacles during the combination process. Customizing the software application to line up with our existing facilities showed to be more complicated than expected, leading to delays in the preliminary rollout.

Rates Concerns:
The comprehensive features offered by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively costly. As a global company, we needed to thoroughly weigh the need for advanced functionality against budget plan restraints.

Assistance Response Time:
On occasion, our teams experienced issues that needed immediate assistance. Nevertheless, the response time from Papaya Global’s consumer support group was not always as prompt as we would have liked, causing hold-ups in resolving those problems.

Our application of included a phased approach. We began by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This allowed us to identify and deal with combination difficulties early on. As the software application became more ingrained in our operations, we gradually broadened its usage to cover our entire international workforce.

The automated features streamlined our payroll procedures, decreasing the time invested in manual estimations and compliance tracking. Routine training sessions and continuous support from Papaya assisted our groups become proficient users of the software application, maximizing its capacity for our company.

Nevertheless, paying a labor force can be complicated. It is especially challenging for business who employ personnel across several countries, as they should constantly consolidate various data streams, manually track local and national labor and policies, and invest valuable time and resources to establish local entities in new areas. These business are confronted with suboptimal, expensive options, like opening a foreign subsidiary or hiring an expert work organization, which is a local firm that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty recruiting qualified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.

uses a solution supporting all types of work. It supplies an end-to-end platform, from worker onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and guarantees information 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 workforce management. She co-founded after seeing the technology gap in international.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the total webcast in order to get your credits if you have any concerns during the webcast please click the Q&A tab in your webinar controls and type the there a brand-new tab will open in your internet browser with the webcast survey please make certain to finish it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hello and thank you for joining us today we’re enjoyed have you here as we start a journey of data to policy achieving

360 degree worker compliance where we’ll dive into the essential aspects of the employee compliance management design throughout the session we’ll check out real life challenges real regional policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and workers while staying compliant in an

Ever evolving regulatory environment in the everchanging world of business and finance guaranteeing compliance with payroll guidelines is not only essential but also a legal imperative from the minute of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not just browse the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools necessary to browse the complex Terrain of compliance whether you’re an experienced P specialist a small business owner or someone brand-new to the field what I wish to do before we start and I believe it’s really important

In our quest to improve effectiveness and accuracy in handling our global workforce, our international corporation turned to, a leading and labor force management software application. The transition aimed to streamline the complex job of managing across various nations, currencies, and compliance policies.