The COVID-19 pandemic, integrated with improvements in business connectivity software application… Papaya Global Payroll Contrator …
insights are valuable 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’ve worked in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Charm to Aerospace in all types of services start-up to matrixed environments around the world I supplied management and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business guy maning and constructing external relationships supporting Enterprise customers and solutions and serving as an advisor I wish 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 business counsil at bambo HR so I lead our internal legal team and in fact work extremely carefully with our um HR department too to manage various legal and HR matters that turn up so really thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our objective is to set you as HR professionals totally free to do terrific
Although Papaya Global provides integrations with numerous HR and finance systems, we came across some hurdles throughout the integration process. Personalizing the software application to line up with our existing facilities showed to be more complicated than anticipated, leading to delays in the preliminary rollout.
The extensive features provided by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be prohibitively costly. As an international company, we needed to thoroughly weigh the requirement for innovative functionality against budget restraints.
Support Reaction Time:
On occasion, our teams experienced issues that needed immediate help. However, the reaction time from Papaya Global’s client assistance group was not constantly as prompt as we would have liked, leading to delays in dealing with those concerns.
Our execution of included a phased method. We started by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing processes. This permitted us to determine and attend to combination obstacles early on. As the software application ended up being more implanted in our operations, we gradually expanded its use to cover our entire worldwide workforce.
The automated features streamlined our payroll processes, decreasing the time spent on manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our teams end up being proficient users of the software, maximizing its potential for our company.
Companies that worker workers across several countries frequently face complex challenges when it concerns managing their labor force. One of the greatest obstacles is combining various information streams and sticking to diverse regional and nationwide labor guidelines, which can be both lengthy and costly. Moreover, setting up regional entities in new regions can be a pricey and suboptimal alternative, with alternatives such as opening a foreign subsidiary or working with a professional employment organization (PEO) often charging up to 15% of the payroll. These obstacles have resulted in a substantial increase in problem hiring qualified personnel, with 75% of employers reporting this concern in 2022, a 21% boost from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
offers a service supporting all forms of employment. It provides an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, and guarantees data 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 workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete 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 web 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 discussion hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to policy accomplishing
360 degree worker compliance where we’ll dive into the vital elements of the employee compliance management model throughout the session we’ll check out real life challenges real regional regulations best 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 staff members while remaining compliant in an
Ever evolving regulative environment in the everchanging world of business and finance making sure compliance with payroll regulations is not only essential however also a legal imperative from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching repercussions however with a deeper more nuanced understanding of their responsibilities companies can not only navigate the intricate landscape but likewise proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools necessary to navigate the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone new to the field what I want to do before we begin and I think it’s really important
In our mission to boost efficiency and precision in handling our global workforce, our international corporation turned to, a leading and workforce management software. The shift intended to streamline the complex job of handling across different nations, currencies, and compliance policies.