The COVID-19 pandemic, integrated with developments in business connection software… Kbm Training Papaya Global …
insights are important to us and and your fellow attendees so first things first though um let’s learn more about everybody my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Charm to Aerospace in all kinds of services startup to matrixed environments around the world I provided management and method to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business man maning and developing external relationships supporting Enterprise customers and options and serving as an advisor I want to introduce our very 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal team and in fact work really closely with our um HR department too to deal with numerous legal and HR matters that turn up so truly delighted 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 totally free to do great
Although Papaya Global provides combinations with various HR and finance systems, we experienced some difficulties throughout the combination procedure. Tailoring the software application to align with our existing infrastructure proved to be more complex than expected, leading to delays in the preliminary rollout.
The comprehensive functions offered by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively expensive. As a worldwide company, we had to thoroughly weigh the need for innovative performance against spending plan restrictions.
Support Reaction Time:
On occasion, our groups experienced problems that needed urgent assistance. Nevertheless, the response time from Papaya Global’s consumer support group was not always as timely as we would have liked, resulting in hold-ups in solving those concerns.
Our implementation of involved a phased approach. We started by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This enabled us to identify and resolve combination obstacles early on. As the software application became more instilled in our operations, we slowly broadened its use to cover our entire international workforce.
The automated features structured our payroll processes, minimizing the time spent on manual estimations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our teams become competent users of the software, maximizing its potential for our organization.
Business that worker workers throughout numerous countries typically deal with elaborate challenges when it pertains to handling their labor force. Among the biggest hurdles is combining numerous information streams and adhering to diverse local and nationwide labor guidelines, which can be both lengthy and expensive. Furthermore, setting up regional entities in new areas can be an expensive and suboptimal alternative, with alternatives such as opening a foreign subsidiary or hiring an expert work organization (PEO) often charging up to 15% of the payroll. These challenges have resulted in a substantial increase in problem hiring certified workers, with 75% of companies reporting this problem in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
provides a service supporting all types of work. It offers an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, offers management of work benefits, and makes sure information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading expert in payroll and labor force 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 go to the complete 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 internet browser with the webcast survey please make 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 discussion hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to policy attaining
360 degree employee compliance where we’ll dive into the vital elements of the employee compliance management model throughout the session we’ll check out real world obstacles real local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and workers while staying certified in an
Ever evolving regulatory environment in the everchanging world of business and financing guaranteeing compliance with payroll policies is not only vital but also a legal crucial from the minute of working with to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have significant consequences however with a deeper more nuanced understanding of their commitments companies can not only navigate the elaborate landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a skilled P professional a small company owner or somebody brand-new to the field what I would like to do before we begin and I believe it’s actually essential
In our quest to enhance efficiency and accuracy in handling our international workforce, our multinational corporation turned to, a leading and labor force management software application. The shift intended to simplify the complex job of managing across numerous nations, currencies, and compliance regulations.