The COVID-19 pandemic, integrated with advancements in enterprise connection software application… Papaya Global V26 …
insights are important to us and and your fellow guests so first things first though um let’s learn more about everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Beauty to Aerospace in all types of organizations start-up to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 staff members on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout business male maning and constructing external relationships supporting Business customers and solutions and acting as an advisor I want to present our first Greg um visitor 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 actually work really carefully with our um HR department too to deal with numerous legal and HR matters that show up so truly delighted 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 experts totally free to do terrific
Although Papaya Global offers combinations with numerous HR and financing systems, we encountered some hurdles during the combination process. Personalizing the software application to line up with our existing infrastructure proved to be more intricate than expected, leading to hold-ups in the preliminary rollout.
The substantial features used by Papaya Global come at an expense, which some of our smaller sized subsidiaries discovered to be excessively costly. As an international organization, we had to carefully weigh the need for innovative performance against budget constraints.
Support Response Time:
On occasion, our teams experienced concerns that needed urgent support. Nevertheless, the response time from Papaya Global’s client assistance group was not constantly as prompt as we would have liked, leading to hold-ups in solving those problems.
Our execution of involved a phased method. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This allowed us to recognize and resolve combination challenges early on. As the software ended up being more ingrained in our operations, we slowly expanded its usage to cover our whole international labor force.
The automated features streamlined our payroll processes, lowering the time invested in manual calculations and compliance tracking. Routine training sessions and continuous support from Papaya assisted our teams become proficient users of the software, optimizing its potential for our company.
However, paying a labor force can be complicated. It is especially challenging for companies who employ personnel across numerous nations, as they must constantly consolidate various information streams, manually track regional and national labor and guidelines, and invest important time and resources to set up local entities in new areas. These business are faced with suboptimal, pricey options, like opening a foreign subsidiary or employing an expert work company, which is a local company that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem hiring certified workers, a boost 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.
uses an option supporting all forms of employment. It offers an end-to-end platform, from worker onboarding and continuous management to international payments and. It helps business with labor law compliance in the jurisdictions in which they operate, provides 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 specialist in payroll and workforce management. She co-founded after seeing the technology space in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the complete webcast in order to get your credits if you have any questions during 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 be sure to finish it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hello and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline attaining
360 degree worker compliance where we’ll dive into the important elements of the staff member compliance management model throughout the session we’ll check out real life obstacles genuine local guidelines best practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to secure your company and workers while staying compliant in an
Ever evolving regulative environment in the everchanging world of organization and financing ensuring compliance with payroll guidelines is not just vital but also a legal crucial from the minute of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching effects however with a much deeper more nuanced understanding of their commitments companies can not just navigate the complex landscape however also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re a skilled P expert a small business owner or someone brand-new to the field what I wish to do before we begin and I believe it’s really crucial
In our quest to boost effectiveness and accuracy in handling our worldwide workforce, our international corporation turned to, a leading and workforce management software application. The transition aimed to simplify the complex task of handling across numerous countries, currencies, and compliance guidelines.