The COVID-19 pandemic, integrated with improvements in enterprise connectivity software application… Ni Category 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 worked in payroll for the last 25 years I have actually had functions in all sort of Industries retail and Beauty to Aerospace in all kinds of organizations start-up to matrixed environments around the world I supplied 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 the business male maning and constructing external relationships supporting Enterprise clients and services and serving as a consultant I want to introduce our first Greg um guest Greg who will kick things off by informing 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 in-house legal group and actually work very carefully with our um HR department too to manage numerous legal and HR matters that show up so actually excited to be here about bambo HR if if you’re not familiar 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 provides integrations with various HR and finance systems, we came across some obstacles during the combination process. Customizing the software application to line up with our existing infrastructure proved to be more intricate than prepared for, resulting in hold-ups in the initial rollout.
The extensive functions provided by Papaya Global come at an expense, which some of our smaller subsidiaries found to be prohibitively expensive. As a worldwide company, we had to carefully weigh the requirement for advanced performance against budget restrictions.
Support Reaction Time:
On occasion, our teams experienced issues that required urgent help. Nevertheless, the response time from Papaya Global’s customer assistance team was not constantly as timely as we would have liked, leading to hold-ups in solving those concerns.
Our implementation of included a phased technique. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This permitted us to identify and deal with integration challenges early on. As the software application became more ingrained in our operations, we slowly expanded its usage to cover our entire international workforce.
The automated functions structured our payroll processes, decreasing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our groups end up being competent users of the software, optimizing its potential for our organization.
Nevertheless, paying a workforce can be complex. It is especially challenging for companies who use personnel throughout numerous countries, as they must constantly consolidate various information streams, by hand track local and national labor and guidelines, and invest valuable time and resources to set up regional entities in new locations. These companies are faced with suboptimal, costly choices, like opening a foreign subsidiary or hiring an expert work company, which is a local company that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring qualified personnel, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
uses a service supporting all kinds of employment. It offers an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they operate, uses management of employment advantages, and ensures information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading expert in payroll and labor force management. She co-founded after seeing the technology gap in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to participate in the complete webcast in order to get your credits if you have any questions 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 certain to complete it as soon 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 start a journey of information to regulation accomplishing
360 degree worker compliance where we’ll dive into the necessary aspects of the worker compliance management design throughout the session we’ll check out real world challenges real local regulations finest 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 progressing regulative environment in the everchanging world of service and financing ensuring compliance with payroll regulations is not only vital but likewise a legal important from the minute of working with to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have significant effects nevertheless with a deeper more nuanced understanding of their obligations organizations can not just browse the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools essential to browse the complex Terrain of compliance whether you’re a skilled P professional a small business owner or someone new to the field what I want to do before we start and I believe it’s truly important
In our quest to improve efficiency and accuracy in handling our global labor force, our international corporation turned to, a leading and workforce management software. The transition aimed to streamline the complex job of managing across numerous countries, currencies, and compliance policies.