Papaya Global Year End Webinar 2024 – All You Need To Know

The COVID-19 pandemic, combined with improvements in business connection software application… Papaya Global Year End Webinar …

insights are valuable to us and and your fellow attendees so first things first though um let’s be familiar with everybody my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had roles in all type of Industries retail and Charm to Aerospace in all kinds of services start-up to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 workers on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya

Worldwide I work across business man maning and developing external relationships supporting Enterprise clients and services and functioning as a consultant I want to introduce our very first Greg um guest 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 stated 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 extremely carefully with our um HR department as well to handle numerous legal and HR matters that come up so actually thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our mission is to set you as HR specialists totally free to do great

Application Obstacles:
Although Papaya Global supplies integrations with different HR and financing systems, we experienced some obstacles throughout the combination process. Customizing the software to line up with our existing infrastructure proved to be more complicated than expected, leading to hold-ups in the initial rollout.

Prices Concerns:
The substantial functions used by Papaya Global come at an expense, which some of our smaller subsidiaries found to be prohibitively costly. As a worldwide organization, we had to carefully weigh the requirement for sophisticated performance versus spending plan restrictions.

Assistance Action Time:
On occasion, our groups experienced issues that required immediate assistance. However, the response time from Papaya Global’s consumer assistance team was not constantly as prompt as we would have liked, resulting in delays in solving those concerns.

Our execution of involved a phased method. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This permitted us to recognize and resolve integration obstacles early on. As the software application became more implanted in our operations, we gradually expanded its usage to cover our entire international workforce.

The automated functions structured our payroll processes, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become skilled users of the software application, optimizing its capacity for our company.

Business that worker workers throughout numerous nations frequently deal with elaborate challenges when it concerns managing their labor force. Among the greatest obstacles is combining numerous information streams and adhering to varied local and nationwide labor policies, which can be both time-consuming and expensive. Moreover, setting up local entities in new regions can be a pricey and suboptimal choice, with alternatives such as opening a foreign subsidiary or hiring an expert employment company (PEO) often charging up to 15% of the payroll. These obstacles have led to a considerable boost in difficulty hiring certified personnel, with 75% of companies reporting this concern in 2022, a 21% boost from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.

provides a solution supporting all types of work. It supplies an end-to-end platform, from worker onboarding and continuous management to international payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of employment benefits, and makes sure data 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 labor force management. She co-founded after seeing the technology space in global.

papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to go to the complete 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 internet browser with the webcast study please make sure 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 presentation hey there and thank you for joining us today we’re thrilled to have you here as we start a journey of data to policy attaining

360 degree staff member compliance where we’ll dive into the essential elements of the staff member compliance management model throughout the session we’ll check out real life challenges real regional 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 organization and workers while staying compliant in an

Ever evolving regulatory environment in the everchanging world of company and finance ensuring compliance with payroll guidelines is not only important however likewise a legal necessary from the moment of hiring to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance threats that have far-reaching effects however with a much deeper more nuanced understanding of their responsibilities companies can not only navigate the elaborate landscape but likewise proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools essential to navigate the complex Terrain of compliance whether you’re an experienced P professional a small business owner or someone brand-new to the field what I would like to do before we start and I think it’s really essential

In our quest to enhance efficiency and accuracy in handling our international workforce, our multinational corporation turned to, a leading and labor force management software application. The shift intended to streamline the complex job of handling throughout numerous countries, currencies, and compliance regulations.