The COVID-19 pandemic, integrated with developments in enterprise connectivity software… Papaya Global User For Nominal Link …
insights are important to us and and your fellow attendees so first things initially 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 roles in all kind of Industries retail and Beauty to Aerospace in all types of organizations start-up to matrixed environments across the globe I supplied leadership and strategy 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
Worldwide I work across the business guy maning and developing external relationships supporting Enterprise clients and services and acting as a consultant I wish to present 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 said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our internal legal group and in fact work very carefully with our um HR department also to deal with different legal and HR matters that come up so really excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our objective is to set you as HR professionals free to do fantastic
Although Papaya Global provides integrations with different HR and finance systems, we encountered some hurdles throughout the integration process. Personalizing the software application to align with our existing facilities showed to be more complicated than anticipated, resulting in delays in the preliminary rollout.
The comprehensive features used by Papaya Global come at an expense, which some of our smaller subsidiaries discovered to be prohibitively expensive. As a worldwide company, we had to thoroughly weigh the need for innovative performance versus budget restraints.
Support Action Time:
On occasion, our teams experienced concerns that required urgent assistance. However, the response time from Papaya Global’s consumer support team was not always as timely as we would have liked, resulting in delays in fixing those concerns.
Our application of included a phased approach. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to recognize and deal with integration obstacles early on. As the software ended up being more ingrained in our operations, we gradually broadened its use to cover our entire global labor force.
The automated features streamlined our payroll processes, lowering the time invested in manual computations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become competent users of the software application, optimizing its potential for our organization.
Business that employee workers throughout several nations frequently face detailed difficulties when it comes to managing their workforce. Among the biggest obstacles is combining various data streams and sticking to varied regional and nationwide labor policies, which can be both time-consuming and expensive. Furthermore, establishing local entities in new areas can be an expensive and suboptimal alternative, with alternatives such as opening a foreign subsidiary or working with a professional employment company (PEO) frequently charging up to 15% of the payroll. These obstacles have caused a considerable boost in problem hiring certified workers, with 75% of employers reporting this issue in 2022, a 21% boost from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
provides a service supporting all forms of employment. It provides an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and makes sure information personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading specialist in payroll and labor force management. She co-founded after seeing the technology gap in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to go to the total 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 new tab will open in your web browser with the webcast survey please make sure to complete 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 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 regulation accomplishing
360 degree staff member compliance where we’ll dive into the important aspects of the employee compliance management design throughout the session we’ll explore real life difficulties genuine regional policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and staff members while remaining certified in an
Ever progressing regulative environment in the everchanging world of business and finance guaranteeing compliance with payroll policies is not just important but also a legal imperative from the minute of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching consequences however with a much deeper more nuanced understanding of their commitments companies can not just browse the intricate landscape however also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to navigate the complex Terrain of compliance whether you’re an experienced P professional a small business owner or somebody brand-new to the field what I wish to do before we start and I think it’s really important
In our quest to improve performance and accuracy in managing our international labor force, our international corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex task of handling throughout various countries, currencies, and compliance regulations.