The COVID-19 pandemic, combined with developments in enterprise connectivity software… Papaya Global Version 27 …
insights are valuable to us and and your fellow participants so first things first though um let’s be familiar with everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had functions in all sort of Industries retail and Beauty to Aerospace in all kinds of businesses start-up to matrixed environments around the world I supplied management and technique to populations of more than 100,000 employees on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work across the business male maning and constructing external relationships supporting Business customers and services and acting as a consultant I ‘d like to introduce our first Greg um visitor 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 stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal group and actually work very carefully with our um HR department also to manage different legal and HR matters that show up so actually excited 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 complimentary to do great
Although Papaya Global provides integrations with numerous HR and financing systems, we experienced some obstacles during the integration procedure. Personalizing the software to align with our existing infrastructure showed to be more complex than anticipated, leading to delays in the initial rollout.
The comprehensive functions provided by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively pricey. As a worldwide organization, we needed to thoroughly weigh the need for sophisticated functionality versus spending plan constraints.
Support Response Time:
On occasion, our teams experienced concerns that needed immediate support. Nevertheless, the response time from Papaya Global’s client assistance team was not constantly as timely as we would have liked, leading to delays in dealing with those problems.
Our execution of included a phased technique. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to recognize and resolve integration challenges early on. As the software ended up being more implanted in our operations, we gradually broadened its use to cover our entire worldwide labor force.
The automated features streamlined our payroll procedures, minimizing the time spent on manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams become proficient users of the software, optimizing its potential for our organization.
Nevertheless, paying a labor force can be complex. It is especially challenging for companies who employ staff throughout multiple nations, as they must constantly combine various data streams, manually track local and national labor and regulations, and invest valuable time and resources to set up regional entities in new locations. These companies are confronted with suboptimal, pricey options, like opening a foreign subsidiary or employing a professional work company, which is a local firm that hires staff members on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem hiring certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers a solution supporting all types of work. It offers an end-to-end platform, from employee onboarding and continuous management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, uses management of work advantages, and makes sure 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 professional in payroll and workforce 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 attend the total webcast in order to get your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast survey please be sure 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 hello and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline accomplishing
360 degree worker compliance where we’ll dive into the necessary elements of the staff member compliance management design throughout the session we’ll check out real world challenges genuine local policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and staff members while staying compliant in an
Ever developing regulatory environment in the everchanging world of company and finance ensuring compliance with payroll guidelines is not only crucial but likewise a legal imperative 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 threats that have significant consequences however with a deeper more nuanced understanding of their responsibilities organizations can not just navigate the complex landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools necessary to navigate the complex Terrain of compliance whether you’re a seasoned P professional a small company owner or somebody new to the field what I would like to do before we start and I think it’s actually important
In our mission to boost performance and accuracy in handling our worldwide labor force, our multinational corporation turned to, a leading and labor force management software. The shift intended to streamline the complex job of managing across different countries, currencies, and compliance policies.