The COVID-19 pandemic, combined with improvements in enterprise connectivity software… Papaya Global Restaurant Payroll …
insights are valuable to us and and your fellow participants so first things initially though um let’s be familiar with everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Charm to Aerospace in all types of businesses start-up to matrixed environments around the world I supplied management and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across the business guy maning and developing external relationships supporting Business customers and services and functioning as an advisor I ‘d like to present our very first Greg um guest 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and actually work very closely with our um HR department as well to manage numerous legal and HR matters that come up so actually excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our mission is to set you as HR experts totally free to do terrific
Although Papaya Global supplies integrations with different HR and finance systems, we came across some difficulties during the integration process. Personalizing the software application to align with our existing facilities proved to be more complicated than anticipated, resulting in hold-ups in the preliminary rollout.
The comprehensive features offered by Papaya Global come at an expense, which some of our smaller subsidiaries found to be excessively pricey. As a worldwide company, we had to thoroughly weigh the need for innovative functionality versus budget restraints.
Support Response Time:
On occasion, our groups experienced issues that needed urgent support. Nevertheless, the reaction time from Papaya Global’s consumer support team was not always as timely as we would have liked, resulting in hold-ups in dealing with those problems.
Our application of involved a phased approach. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This enabled us to determine and attend to integration obstacles early on. As the software application ended up being more ingrained in our operations, we slowly expanded its use to cover our entire worldwide labor force.
The automated features structured our payroll procedures, minimizing the time spent on manual estimations and compliance tracking. Routine training sessions and continuous support from Papaya helped our groups end up being competent users of the software application, optimizing its capacity for our organization.
However, paying a workforce can be complex. It is especially challenging for companies who utilize personnel throughout numerous countries, as they should continuously consolidate various data streams, manually track regional and nationwide labor and guidelines, and invest valuable time and resources to set up local entities in brand-new locations. These companies are confronted with suboptimal, expensive alternatives, like opening a foreign subsidiary or working with 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 employers reported difficulty recruiting certified personnel, a boost 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.
uses a solution supporting all types of employment. It supplies an end-to-end platform, from staff member 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 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 expert in payroll and workforce 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 make sure to attend 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 internet 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 presentation hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to policy achieving
360 degree staff member compliance where we’ll dive into the vital aspects of the staff member compliance management model throughout the session we’ll check out real life challenges real local 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 company and employees while staying compliant in an
Ever progressing regulatory environment in the everchanging world of service and financing ensuring compliance with payroll regulations is not only vital but likewise a legal imperative from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching repercussions however with a much deeper more nuanced understanding of their obligations organizations can not just browse the intricate landscape however also proactively ensure this 360 degree compliance the webinar is developed 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 someone brand-new to the field what I want to do before we begin and I think it’s truly important
In our mission to enhance efficiency and precision in handling our international workforce, our international corporation turned to, a leading and labor force management software. The shift aimed to streamline the complex job of handling throughout different countries, currencies, and compliance regulations.