Ask Papaya Global 2024 – All You Need To Know

The COVID-19 pandemic, combined with improvements in business connectivity software application… Ask Papaya Global …

insights are valuable to us and and your fellow guests so first things first though um let’s learn more about everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Appeal to Aerospace in all kinds of services start-up to matrixed environments around the world I provided management and technique 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 business male maning and constructing external relationships supporting Business clients and options and acting as a consultant I ‘d like to introduce 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 business counsil at bambo HR so I lead our internal legal group and really work extremely closely with our um HR department as well to handle different legal and HR matters that come up so actually excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our objective is to set you as HR specialists complimentary to do fantastic

Execution Challenges:
Although Papaya Global supplies integrations with various HR and finance systems, we experienced some difficulties throughout the combination procedure. Personalizing the software to align with our existing infrastructure proved to be more complicated than anticipated, resulting in delays in the initial rollout.

Pricing Concerns:
The comprehensive features used by Papaya Global come at a cost, which some of our smaller sized subsidiaries found to be prohibitively pricey. As an international organization, we had to carefully weigh the requirement for sophisticated functionality against spending plan restraints.

Assistance Action Time:
On occasion, our teams experienced problems that needed urgent help. Nevertheless, the response time from Papaya Global’s client assistance team was not always as prompt as we would have liked, causing delays in fixing those problems.

Our implementation of involved a phased method. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to identify and deal with combination obstacles early on. As the software became more implanted in our operations, we slowly broadened its use to cover our whole international labor force.

The automated functions structured our payroll processes, reducing the time invested in manual computations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our teams become competent users of the software application, optimizing its potential for our organization.

Business that staff member workers throughout multiple nations typically face complex difficulties when it concerns handling their workforce. One of the most significant hurdles is combining numerous data streams and adhering to diverse regional and national labor regulations, which can be both time-consuming and costly. Additionally, establishing local entities in new regions can be a pricey and suboptimal alternative, with alternatives such as opening a foreign subsidiary or hiring a professional work company (PEO) typically charging up to 15% of the payroll. These difficulties have resulted in a considerable increase in problem recruiting qualified personnel, with 75% of employers reporting this problem in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.

provides a solution supporting all kinds of work. It supplies an end-to-end platform, from staff member onboarding and ongoing management to international payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of work benefits, and ensures data personal 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 actually been pre-approved for hrci and Sherm credit please be sure to go to 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 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 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 aspects of the worker compliance management model throughout the session we’ll explore real world challenges genuine local policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your organization and workers while remaining certified in an

Ever evolving regulative environment in the everchanging world of organization and financing making sure compliance with payroll guidelines is not only important but likewise a legal imperative from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching consequences however with a much deeper more nuanced understanding of their responsibilities organizations can not only navigate the elaborate landscape however also proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re a skilled P expert a small company owner or someone brand-new to the field what I would like to do before we start and I believe it’s really essential

In our mission to boost performance and accuracy in managing our international labor force, our international corporation turned to, a leading and workforce management software. The transition intended to streamline the complex job of managing throughout different countries, currencies, and compliance regulations.