The COVID-19 pandemic, combined with improvements in enterprise connectivity software application… Reprint P45 Papaya Global …
insights are important to us and and your fellow participants so first things initially though um let’s learn more about everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Appeal to Aerospace in all types of organizations startup to matrixed environments across the globe I offered management and technique to populations of more than 100,000 workers on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work across business guy maning and constructing external relationships supporting Business clients and solutions and serving as an advisor I want to present 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 in-house legal team and in fact work really closely with our um HR department as well to manage numerous legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our mission is to set you as HR specialists complimentary to do great
Although Papaya Global supplies combinations with various HR and finance systems, we came across some hurdles during the combination process. Personalizing the software application to align with our existing infrastructure proved to be more complex than anticipated, leading to delays in the initial rollout.
The comprehensive functions used by Papaya Global come at an expense, which some of our smaller subsidiaries discovered to be excessively expensive. As a global company, we had to thoroughly weigh the need for advanced functionality versus budget plan constraints.
Assistance Action Time:
On occasion, our groups experienced issues that required immediate assistance. However, the reaction time from Papaya Global’s consumer assistance team was not always as timely as we would have liked, causing hold-ups in dealing with those problems.
Our execution of involved a phased approach. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This permitted us to recognize and address integration obstacles early on. As the software became more ingrained in our operations, we gradually broadened its usage to cover our entire global labor force.
The automated functions structured our payroll processes, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our groups become competent users of the software, optimizing its capacity for our company.
Business that staff member workers across several nations frequently face intricate challenges when it pertains to managing their workforce. One of the biggest difficulties is consolidating numerous information streams and sticking to varied local and nationwide labor guidelines, which can be both lengthy and expensive. Furthermore, setting up regional entities in new areas can be a pricey and suboptimal option, with options such as opening a foreign subsidiary or hiring a professional employment company (PEO) typically charging up to 15% of the payroll. These challenges have caused a substantial increase in problem recruiting qualified personnel, with 75% of companies reporting this concern in 2022, a 21% increase 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 service supporting all forms of employment. It offers an end-to-end platform, from worker onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they operate, provides management of work advantages, and guarantees 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 workforce management. She co-founded after seeing the innovation gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to receive 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 browser with the webcast survey please make sure to finish it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hey there and thank you for joining us today we’re thrilled to 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 employee compliance management model throughout the session we’ll explore real life obstacles real regional regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your organization and staff members while remaining compliant in an
Ever developing regulatory environment in the everchanging world of organization and finance ensuring compliance with payroll guidelines is not only important but also a legal crucial from the moment of working with to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching repercussions however with a much deeper more nuanced understanding of their commitments organizations can not just navigate the complex landscape but also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools necessary to browse the complex Terrain of compliance whether you’re a seasoned P expert a small business owner or someone brand-new to the field what I wish to do before we begin and I think it’s really essential
In our mission to improve performance and accuracy in managing our global labor force, our international corporation turned to, a leading and workforce management software application. The shift intended to streamline the complex task of managing throughout various nations, currencies, and compliance guidelines.