The COVID-19 pandemic, combined with advancements in enterprise connection software… Papaya Global Support Email …
insights are important to us and and your fellow attendees so first things first though um let’s get to know everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Beauty to Aerospace in all types of services start-up to matrixed environments across the globe I provided leadership 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
International I work throughout business male maning and developing external relationships supporting Business customers and options and serving as a consultant I ‘d like to introduce 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 in-house legal group and really work very closely with our um HR department also to deal with various legal and HR matters that come up so truly delighted 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 specialists free to do terrific
Although Papaya Global offers combinations with various HR and finance systems, we came across some obstacles during the combination procedure. Tailoring the software application to line up with our existing facilities showed to be more complex than anticipated, leading to hold-ups in the initial rollout.
The substantial features provided by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be prohibitively pricey. As an international organization, we needed to carefully weigh the requirement for innovative performance against budget restrictions.
Assistance Reaction Time:
On occasion, our groups experienced issues that required urgent help. 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 solving those concerns.
Our execution of included a phased approach. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to determine and attend to integration challenges early on. As the software application became more implanted in our operations, we gradually broadened its use to cover our entire international workforce.
The automated features structured our payroll procedures, decreasing the time spent on manual calculations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our groups end up being skilled users of the software, maximizing its potential for our organization.
Companies that employee workers throughout numerous countries often face detailed obstacles when it comes to handling their workforce. Among the biggest obstacles is consolidating different data streams and adhering to varied regional and national labor policies, which can be both lengthy and expensive. Furthermore, setting up regional entities in new areas can be a pricey and suboptimal choice, with alternatives such as opening a foreign subsidiary or hiring an expert work company (PEO) often charging up to 15% of the payroll. These challenges have led to a substantial increase in trouble recruiting qualified workers, with 75% of companies reporting this concern in 2022, a 21% increase from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
provides a service supporting all forms of employment. It offers an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, uses management of work benefits, and makes sure 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 professional in payroll and labor force management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to receive 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 browser with the webcast study 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 hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to guideline attaining
360 degree worker compliance where we’ll dive into the vital aspects of the staff member compliance management design throughout the session we’ll explore real life challenges genuine regional guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your organization and employees while staying compliant in an
Ever progressing regulative environment in the everchanging world of service and finance ensuring compliance with payroll policies is not only essential but also a legal vital from the minute of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching repercussions nevertheless with a deeper more nuanced understanding of their obligations companies can not only navigate the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools required 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 would like to do before we begin and I think it’s actually essential
In our mission to boost efficiency and accuracy in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software. The transition aimed to streamline the complex task of managing throughout various countries, currencies, and compliance regulations.