The COVID-19 pandemic, integrated with advancements in enterprise connection software… Papaya Global Working From Home …
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’ve worked in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Beauty to Aerospace in all kinds of companies start-up to matrixed environments around the world I offered leadership and technique 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
Worldwide I work across business guy maning and developing external relationships supporting Business customers and solutions and serving as a consultant I ‘d like to introduce 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 stated 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 really closely with our um HR department too to manage different legal and HR matters that show up so actually thrilled 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 specialists totally free to do terrific
Although Papaya Global offers combinations with numerous HR and financing systems, we encountered some difficulties during the integration process. Personalizing the software application to align with our existing infrastructure proved to be more complex than expected, leading to delays in the initial rollout.
The substantial features offered by Papaya Global come at a cost, which a few of our smaller sized subsidiaries discovered to be prohibitively expensive. As a worldwide company, we had to thoroughly weigh the requirement for innovative functionality versus budget plan constraints.
Support Reaction Time:
On occasion, our groups experienced concerns that required immediate help. However, the action time from Papaya Global’s customer support group was not always as prompt as we would have liked, leading to hold-ups in resolving those problems.
Our implementation of involved a phased method. We began by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to determine and resolve combination challenges early on. As the software application became more implanted in our operations, we slowly expanded its use to cover our entire global labor force.
The automated functions streamlined our payroll processes, reducing the time invested in manual calculations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our teams end up being proficient users of the software, optimizing its potential for our company.
However, paying a workforce can be complicated. It is especially challenging for business who utilize personnel across several countries, as they must continuously combine different data streams, by hand track local and national labor and guidelines, and spend valuable time and resources to establish regional entities in brand-new locations. These companies are faced with suboptimal, expensive options, like opening a foreign subsidiary or working with an expert employment company, 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 hiring qualified personnel, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
uses a solution supporting all forms of work. It provides an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, offers management of employment benefits, and guarantees data 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 workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to receive 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 web browser with the webcast survey please make certain 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 discussion hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to regulation achieving
360 degree employee compliance where we’ll dive into the essential aspects of the employee compliance management model throughout the session we’ll explore real world obstacles real local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and staff members while remaining certified in an
Ever evolving regulative environment in the everchanging world of organization and finance making sure compliance with payroll regulations is not only essential but likewise a legal necessary from the moment of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have far-reaching effects however with a much deeper more nuanced understanding of their commitments organizations can not only navigate the intricate landscape however also proactively ensure 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 an experienced P professional a small business owner or someone new to the field what I wish to do before we start and I believe it’s really important
In our mission to improve effectiveness and accuracy in managing our global labor force, our international corporation turned to, a leading and labor force management software application. The transition aimed to streamline the complex job of managing across numerous nations, currencies, and compliance guidelines.