The COVID-19 pandemic, combined with improvements in business connectivity software… Papaya Global Employee Self Service …
insights are valuable to us and and your fellow guests so first things first though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Appeal to Aerospace in all kinds of organizations startup to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 workers on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout the business male maning and building external relationships supporting Business clients and options and functioning as an advisor I ‘d like 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 business counsil at bambo HR so I lead our internal legal group and actually work really carefully with our um HR department as well to deal with different legal and HR matters that turn 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 specialists free to do great
Although Papaya Global provides integrations with various HR and financing systems, we experienced some difficulties throughout the integration process. Personalizing the software application to line up with our existing facilities showed to be more complicated than prepared for, resulting in delays in the preliminary rollout.
The substantial features provided by Papaya Global come at an expense, which some of our smaller sized subsidiaries discovered to be prohibitively expensive. As a worldwide company, we had to thoroughly weigh the need for advanced performance versus budget restraints.
Support Reaction Time:
On occasion, our teams experienced concerns that needed urgent help. Nevertheless, the response time from Papaya Global’s customer support group was not constantly as timely as we would have liked, causing hold-ups in resolving those concerns.
Our execution of included a phased technique. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This allowed us to identify and deal with integration obstacles early on. As the software ended up being more implanted in our operations, we slowly expanded its use to cover our whole worldwide labor force.
The automated functions streamlined our payroll processes, decreasing the time spent on manual calculations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our teams become skilled users of the software application, maximizing its potential for our organization.
Nevertheless, paying a workforce can be complex. It is especially challenging for companies who use personnel across multiple nations, as they should continuously combine different data streams, by hand track local and national labor and guidelines, and invest important time and resources to establish regional entities in new areas. These companies are faced with suboptimal, expensive options, like opening a foreign subsidiary or working with a professional work organization, which is a local company that works with workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting qualified workers, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides an option supporting all types of employment. It supplies an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, uses 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 professional in payroll and labor force management. She co-founded after seeing the innovation gap in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to participate in the total webcast in order to receive your credits if you have any questions throughout the webcast please click on 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 quickly as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to regulation achieving
360 degree worker compliance where we’ll dive into the vital elements of the worker compliance management design throughout the session we’ll check out real life obstacles real local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to secure your company and staff members while remaining compliant in an
Ever evolving regulatory environment in the everchanging world of service and finance ensuring compliance with payroll policies is not just essential however likewise a legal vital from the moment of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance risks that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their responsibilities companies can not only navigate the intricate landscape however also proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools needed to browse the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or somebody new to the field what I wish to do before we begin and I believe it’s truly important
In our mission to improve performance and accuracy in handling our global workforce, our multinational corporation turned to, a leading and workforce management software application. The transition intended to streamline the complex job of handling throughout numerous countries, currencies, and compliance regulations.