The COVID-19 pandemic, combined with developments in business connectivity software application… Papaya Global Support Helpline …
insights are valuable to us and and your fellow guests so first things initially though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had functions in all type of Industries retail and Charm to Aerospace in all types of businesses startup to matrixed environments across the globe I offered leadership and method to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
International I work throughout the business man maning and developing external relationships supporting Enterprise customers and solutions and functioning as an advisor I wish to introduce our first Greg um visitor Greg who will kick things off by informing 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 corporate counsil at bambo HR so I lead our in-house legal team and in fact work really closely with our um HR department as well to manage various legal and HR matters that turn up so actually thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR specialists free to do excellent
Although Papaya Global offers combinations with numerous HR and financing systems, we experienced some hurdles throughout the integration process. Personalizing the software to line up with our existing facilities proved to be more intricate than anticipated, resulting in delays in the initial rollout.
The substantial features offered by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively pricey. As an international company, we had to carefully weigh the need for innovative functionality against budget constraints.
Assistance Action Time:
On occasion, our teams experienced concerns that required urgent assistance. However, the action time from Papaya Global’s customer assistance team was not always as timely as we would have liked, causing hold-ups in dealing with those concerns.
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 enabled us to identify and resolve integration difficulties early on. As the software application became more ingrained in our operations, we gradually expanded its use to cover our entire global workforce.
The automated features structured our payroll procedures, lowering the time spent on manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our teams become competent users of the software application, maximizing its potential for our organization.
Nevertheless, paying a labor force can be complex. It is particularly challenging for companies who utilize staff across numerous countries, as they need to constantly consolidate various data streams, manually track regional and national labor and guidelines, and invest valuable time and resources to set up local entities in new areas. These business are confronted with suboptimal, costly alternatives, like opening a foreign subsidiary or working with an expert work organization, which is a regional company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting qualified personnel, 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 ongoing management to international payments and. It assists companies with labor law compliance in the jurisdictions in which they run, provides management of work 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 workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to get your credits if you have any concerns throughout the webcast please click on the Q&A tab in your webinar controls and type the there a brand-new tab will open in your browser with the webcast study please make certain to finish 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 discussion hello and thank you for joining us today we’re enjoyed have you here as we start a journey of information to regulation achieving
360 degree worker compliance where we’ll dive into the important elements of the staff member compliance management model throughout the session we’ll check out real life obstacles real local regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your company and employees while staying certified in an
Ever evolving regulative environment in the everchanging world of organization and financing guaranteeing compliance with payroll regulations is not just important but also a legal important from the moment of working with to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their responsibilities organizations can not just navigate the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools needed to browse the complex Terrain of compliance whether you’re an experienced P professional a small company owner or someone new to the field what I want to do before we begin and I think it’s really essential
In our quest to enhance efficiency and precision in handling our global labor force, our international corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex job of handling across numerous countries, currencies, and compliance guidelines.