The COVID-19 pandemic, combined with advancements in enterprise connection software application… Papaya Global Qualifications …
insights are important to us and and your fellow attendees so first things first though um let’s get to know everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Charm to Aerospace in all kinds of organizations start-up to matrixed environments across the globe I supplied management and method to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
International I work across business man maning and developing external relationships supporting Business customers and solutions and acting as a consultant I ‘d like to present our 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 said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our internal legal group and actually work very carefully with our um HR department as well to manage different legal and HR matters that come up so truly delighted 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 terrific
Although Papaya Global supplies integrations with numerous HR and finance systems, we encountered some obstacles during the integration process. Personalizing the software application to align with our existing facilities proved to be more complicated than anticipated, leading to hold-ups in the initial rollout.
The substantial features offered by Papaya Global come at a cost, which a few of our smaller sized subsidiaries discovered to be prohibitively expensive. As a worldwide company, we had to carefully weigh the need for advanced performance against spending plan restrictions.
Support Reaction Time:
On occasion, our teams experienced concerns that required urgent assistance. However, the action time from Papaya Global’s client assistance team was not always as timely as we would have liked, leading to delays in resolving those issues.
Our application of involved a phased method. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to recognize and address integration obstacles early on. As the software application became more implanted in our operations, we gradually expanded its use to cover our whole international workforce.
The automated features streamlined our payroll procedures, lowering the time invested in manual estimations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our groups become competent users of the software application, maximizing its capacity for our company.
However, paying a labor force can be complicated. It is particularly challenging for companies who use personnel throughout numerous countries, as they should constantly consolidate various data streams, by hand track regional and nationwide labor and guidelines, and invest valuable time and resources to establish local entities in new areas. These business are confronted with suboptimal, costly choices, like opening a foreign subsidiary or employing an expert employment company, which is a local firm that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem recruiting qualified workers, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
uses a solution supporting all types of employment. It supplies an end-to-end platform, from employee onboarding and continuous management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, 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 specialist in payroll and labor force management. She co-founded after seeing the technology 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 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 browser with the webcast survey please make certain to complete it as soon as the webcast has actually 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 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 necessary elements of the worker compliance management model throughout the session we’ll check out real world difficulties genuine regional regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and workers while staying compliant in an
Ever progressing regulative environment in the everchanging world of company and financing ensuring compliance with payroll regulations is not only essential but likewise a legal necessary from the minute of working with to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance dangers that have far-reaching repercussions however with a much deeper more nuanced understanding of their responsibilities organizations can not just browse the detailed landscape but likewise proactively ensure this 360 degree compliance the webinar is created 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 someone brand-new to the field what I would like to do before we begin and I believe it’s truly essential
In our quest to boost effectiveness and accuracy in managing our worldwide labor force, our multinational corporation turned to, a leading and labor force management software. The transition aimed to simplify the complex task of managing across different nations, currencies, and compliance regulations.