The COVID-19 pandemic, integrated with improvements in business connection software application… Papaya Global Set Up Pension Scheme …
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 have actually worked in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all kinds of organizations startup to matrixed environments around the world I provided management and strategy to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
International I work across business man maning and constructing external relationships supporting Enterprise clients and services and serving as an advisor I wish to introduce our very first Greg um visitor 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and actually work really closely with our um HR department too to manage different legal and HR matters that show up so truly delighted to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR experts free to do terrific
Although Papaya Global offers integrations with different HR and finance systems, we experienced some difficulties during the combination process. Customizing the software application to line up with our existing facilities proved to be more complex than expected, leading to delays in the preliminary rollout.
The comprehensive features provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be prohibitively pricey. As a global company, we had to carefully weigh the need for innovative functionality against budget constraints.
Support Reaction Time:
On occasion, our teams experienced issues that required urgent assistance. However, the reaction time from Papaya Global’s client assistance team was not constantly as prompt as we would have liked, resulting in delays in fixing those problems.
Our implementation of involved a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This permitted us to recognize and deal with integration obstacles early on. As the software application ended up being more implanted in our operations, we gradually expanded its usage to cover our entire global labor force.
The automated functions streamlined our payroll processes, reducing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become proficient users of the software, maximizing its potential for our organization.
Business that worker workers across several nations often face intricate difficulties when it comes to managing their workforce. Among the most significant difficulties is combining different information streams and adhering to diverse local and national labor regulations, which can be both lengthy and pricey. Additionally, establishing local entities in new regions can be a costly and suboptimal choice, with options such as opening a foreign subsidiary or hiring an expert work organization (PEO) often charging up to 15% of the payroll. These challenges have caused a considerable boost in difficulty recruiting certified workers, with 75% of employers reporting this issue in 2022, a 21% boost from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a service supporting all types of employment. It offers an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of work benefits, and guarantees data personal 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 technology gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to go to the total webcast in order to receive 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 new tab will open in your browser with the webcast study please make certain to complete it as quickly 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 enjoyed have you here as we start a journey of data to regulation attaining
360 degree employee compliance where we’ll dive into the vital elements of the staff member compliance management design throughout the session we’ll check out real world difficulties real regional guidelines best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and employees while remaining certified in an
Ever developing regulative environment in the everchanging world of organization and finance ensuring compliance with payroll guidelines is not just vital but likewise a legal vital from the moment of hiring to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching repercussions nevertheless with a much deeper more nuanced understanding of their commitments organizations can not just browse the complex landscape however also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools necessary to browse the complex Surface of compliance whether you’re a skilled P expert a small business owner or somebody brand-new to the field what I would like to do before we start and I believe it’s actually essential
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 application. The shift aimed to streamline the complex task of handling across various nations, currencies, and compliance regulations.