The COVID-19 pandemic, combined with improvements in enterprise connectivity software application… Papaya Global Coronavirus Module …
insights are valuable to us and and your fellow guests 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’ve had roles in all kind of Industries retail and Appeal to Aerospace in all kinds of services startup to matrixed environments around the world I supplied leadership and technique to populations of more than 100,000 staff members on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work across the business guy maning and developing external relationships supporting Enterprise clients and solutions and serving as a consultant I ‘d like to introduce our first Greg um guest 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 group and in fact work very carefully with our um HR department also to manage different legal and HR matters that come up so actually 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 professionals totally free to do fantastic
Although Papaya Global offers combinations with numerous HR and finance systems, we experienced some obstacles during the integration process. Personalizing the software application to align with our existing infrastructure showed to be more complex than expected, leading to hold-ups in the initial rollout.
The extensive features provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively costly. As an international company, we had to carefully weigh the requirement for advanced performance versus budget constraints.
Support Reaction Time:
On occasion, our groups experienced concerns that needed immediate help. However, the reaction time from Papaya Global’s consumer support group was not always as prompt as we would have liked, resulting in hold-ups in fixing those concerns.
Our implementation of involved a phased method. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This enabled 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 global labor force.
The automated functions structured our payroll procedures, reducing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our teams end up being competent users of the software, maximizing its potential for our company.
Companies that worker workers throughout numerous countries typically face intricate difficulties when it comes to managing their workforce. Among the most significant hurdles is consolidating numerous information streams and adhering to diverse regional and nationwide labor policies, which can be both time-consuming and expensive. Furthermore, establishing local entities in new regions can be a costly and suboptimal choice, with options such as opening a foreign subsidiary or hiring an expert employment organization (PEO) typically charging up to 15% of the payroll. These obstacles have resulted in a substantial increase in difficulty recruiting qualified personnel, with 75% of employers reporting this concern in 2022, a 21% increase from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a service supporting all kinds of work. It provides an end-to-end platform, from worker onboarding and ongoing management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, and guarantees 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 innovation space in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to participate in the total webcast in order to get your credits if you have any concerns 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 survey please be 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 information to regulation accomplishing
360 degree employee compliance where we’ll dive into the essential elements of the employee compliance management model throughout the session we’ll explore real world challenges real local regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and employees while staying certified in an
Ever progressing regulatory environment in the everchanging world of company and finance ensuring compliance with payroll regulations is not only crucial however also a legal necessary from the minute of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching consequences however with a deeper more nuanced understanding of their commitments companies can not just navigate the detailed landscape but also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to navigate the complex Terrain of compliance whether you’re an experienced P specialist a small company owner or someone brand-new to the field what I wish to do before we begin and I believe it’s truly crucial
In our mission to improve performance and accuracy in managing our global workforce, our international corporation turned to, a leading and labor force management software application. The shift aimed to simplify the complex task of managing across numerous countries, currencies, and compliance regulations.