The COVID-19 pandemic, combined with developments in business connectivity software… Papaya Global Offer …
insights are important to us and and your fellow participants 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 kind of Industries retail and Appeal to Aerospace in all kinds of services startup to matrixed environments across the globe I provided leadership and technique to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across the business guy maning and developing external relationships supporting Business clients and options and serving as an advisor I wish 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 actually work very carefully with our um HR department as well to manage various legal and HR matters that turn up so really thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR experts complimentary to do fantastic
Although Papaya Global offers integrations with numerous HR and finance systems, we encountered some hurdles during the combination procedure. Customizing the software application to align with our existing infrastructure proved to be more complicated than expected, leading to delays in the preliminary rollout.
The extensive functions provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively pricey. As an international company, we needed to carefully weigh the need for innovative performance versus spending plan constraints.
Support Response Time:
On occasion, our groups experienced issues that needed urgent assistance. However, the reaction time from Papaya Global’s consumer assistance group was not always as timely as we would have liked, resulting in hold-ups in resolving those concerns.
Our execution of included a phased approach. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to determine and address integration challenges early on. As the software application ended up being more instilled in our operations, we slowly expanded its usage to cover our whole international labor force.
The automated features structured our payroll procedures, reducing the time invested in manual computations and compliance tracking. Routine training sessions and continuous support from Papaya assisted our teams become competent users of the software, maximizing its potential for our company.
Nevertheless, paying a workforce can be complex. It is particularly challenging for companies who employ staff across numerous countries, as they must continuously consolidate different data streams, manually track regional and nationwide labor and policies, and spend important time and resources to establish regional entities in new locations. These business are faced with suboptimal, expensive options, like opening a foreign subsidiary or working with a professional employment organization, which is a local firm that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem recruiting qualified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
offers a solution supporting all types of work. It supplies an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, offers management of work advantages, and ensures information personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional 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 attend the complete webcast in order to get your credits if you have any questions during 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 browser with the webcast study please make sure to finish 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 hi and thank you for joining us today we’re thrilled to have you here as we start a journey of information to policy achieving
360 degree worker compliance where we’ll dive into the vital elements of the worker compliance management model throughout the session we’ll check out real world challenges genuine regional policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to protect your company and staff members while staying compliant in an
Ever progressing regulatory environment in the everchanging world of service and finance ensuring compliance with payroll regulations is not just important however likewise a legal important from the moment of hiring to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance dangers that have significant repercussions nevertheless with a deeper more nuanced understanding of their obligations organizations can not just browse the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed to navigate the complex Terrain of compliance whether you’re an experienced P expert a small business owner or somebody brand-new to the field what I would like to do before we begin and I believe it’s truly important
In our quest to boost performance and accuracy in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software. The shift intended to simplify the complex task of managing throughout numerous nations, currencies, and compliance policies.