The COVID-19 pandemic, combined with developments in enterprise connectivity software… Papaya Global Take A Director Off …
insights are valuable to us and and your fellow guests so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had roles in all type of Industries retail and Beauty to Aerospace in all kinds of businesses startup to matrixed environments across the globe I offered leadership and method to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business male maning and constructing external relationships supporting Business customers and options and serving as an advisor I wish to introduce 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 business counsil at bambo HR so I lead our in-house legal team and in fact work really closely with our um HR department too to handle different legal and HR matters that come up so actually delighted 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 specialists complimentary to do terrific
Although Papaya Global supplies combinations with numerous HR and finance systems, we encountered some obstacles throughout the combination procedure. Customizing the software to align with our existing infrastructure showed to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
The extensive functions offered by Papaya Global come at an expense, which a few of our smaller subsidiaries found to be excessively costly. As an international organization, we had to carefully weigh the requirement for innovative performance versus budget plan constraints.
Support Reaction Time:
On occasion, our teams experienced concerns that needed urgent help. Nevertheless, the action time from Papaya Global’s consumer support group was not always as prompt as we would have liked, leading to hold-ups in dealing with those issues.
Our execution of included a phased technique. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to determine and address integration obstacles early on. As the software ended up being more ingrained in our operations, we slowly expanded its use to cover our whole global workforce.
The automated functions streamlined our payroll processes, minimizing the time invested in manual estimations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our teams become proficient users of the software, maximizing its potential for our company.
Nevertheless, paying a workforce can be complicated. It is particularly challenging for companies who employ staff throughout several countries, as they should continuously consolidate different data streams, manually track regional and national labor and guidelines, and spend important time and resources to set up regional entities in new locations. These business are faced with suboptimal, expensive alternatives, like opening a foreign subsidiary or working with an expert employment organization, which is a regional company that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble hiring certified personnel, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers a solution supporting all forms of work. It offers an end-to-end platform, from worker onboarding and ongoing management to international payments and. It assists companies with labor law compliance in the jurisdictions in which they run, provides management of employment benefits, and guarantees 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 expert in payroll and workforce management. She co-founded after seeing the technology space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend the total webcast in order to get your credits if you have any concerns 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 browser with the webcast survey please make sure to complete it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to policy attaining
360 degree employee compliance where we’ll dive into the important aspects of the worker compliance management model throughout the session we’ll explore real life difficulties real local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to protect your organization and employees while staying certified in an
Ever developing regulatory environment in the everchanging world of company and finance ensuring compliance with payroll guidelines is not only crucial but likewise a legal vital from the moment of working with to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance risks that have significant consequences nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not just navigate the complex landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a skilled P expert a small business owner or someone new to the field what I wish to do before we start and I think it’s really essential
In our mission to enhance efficiency and precision in handling our international labor force, our international corporation turned to, a leading and labor force management software application. The transition intended to simplify the complex job of handling across different countries, currencies, and compliance regulations.