The COVID-19 pandemic, integrated with advancements in business connectivity software application… Papaya Global Hangs On Splash Screen …
insights are important to us and and your fellow participants so first things first though um let’s get to know everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Appeal to Aerospace in all kinds of organizations start-up to matrixed environments around the world I offered management and technique to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business guy maning and developing external relationships supporting Business clients and solutions and functioning as a consultant I want to introduce our first Greg um visitor Greg who will kick things off by telling 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 in-house legal group and actually work really closely with our um HR department also to manage numerous legal and HR matters that show up so truly thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR professionals totally free to do fantastic
Although Papaya Global supplies combinations with numerous HR and finance systems, we experienced some hurdles throughout the integration process. Tailoring the software application to align with our existing facilities proved to be more complex than expected, resulting in hold-ups in the initial rollout.
The substantial features used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be excessively expensive. As an international company, we needed to thoroughly weigh the need for sophisticated performance versus spending plan restrictions.
Assistance Response Time:
On occasion, our groups experienced issues that required urgent support. Nevertheless, the reaction time from Papaya Global’s customer support team was not always as prompt as we would have liked, leading to delays in solving those problems.
Our application of involved a phased method. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This allowed us to recognize and resolve integration challenges early on. As the software application ended up being more implanted in our operations, we slowly expanded its usage to cover our entire international labor force.
The automated functions streamlined our payroll processes, minimizing the time invested in manual estimations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our teams become skilled users of the software application, maximizing its potential for our company.
However, paying a workforce can be complicated. It is especially challenging for companies who use staff across several nations, as they need to continuously consolidate various information streams, by hand track local and national labor and regulations, and spend valuable time and resources to set up regional entities in brand-new areas. These companies are confronted with suboptimal, costly choices, like opening a foreign subsidiary or hiring a professional employment organization, which is a regional firm that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty recruiting certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides a service supporting all types of employment. It provides an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, offers management of employment advantages, and guarantees information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist in payroll and workforce management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to get your credits if you have any questions throughout the webcast please click 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 soon as the webcast has 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 start a journey of information to guideline attaining
360 degree employee compliance where we’ll dive into the important aspects of the staff member compliance management model throughout the session we’ll check out real world difficulties real regional guidelines best 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 employees while staying certified in an
Ever progressing regulatory environment in the everchanging world of service and financing ensuring compliance with payroll guidelines is not just crucial however likewise a legal imperative from the minute of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have significant repercussions nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not just navigate the intricate landscape but likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools needed to navigate the complex Terrain of compliance whether you’re a seasoned P specialist a small company owner or somebody brand-new to the field what I want to do before we start and I believe it’s really essential
In our mission to enhance performance and accuracy in handling our global labor force, our international corporation turned to, a leading and workforce management software. The transition aimed to streamline the complex job of handling throughout different countries, currencies, and compliance policies.