The COVID-19 pandemic, combined with advancements in business connectivity software application… Papaya Global Year End Webinar …
insights are valuable to us and and your fellow guests so first things first though um let’s get to know everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all type of Industries retail and Beauty to Aerospace in all types of services startup to matrixed environments across the globe I offered management and strategy to populations of more than 100,000 staff members on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work across business male maning and building external relationships supporting Business customers and services and acting as a consultant I ‘d like to present our 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 corporate counsil at bambo HR so I lead our in-house legal team and in fact work really closely with our um HR department also to handle different legal and HR matters that show up so really 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 professionals totally free to do excellent
Although Papaya Global supplies integrations with various HR and financing systems, we experienced some difficulties during the combination procedure. Customizing the software to line up with our existing facilities showed to be more complex than expected, leading to delays in the preliminary rollout.
The extensive functions used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively pricey. As a global company, we had to thoroughly weigh the need for advanced performance versus budget plan restrictions.
Assistance Response Time:
On occasion, our teams experienced problems that required urgent help. Nevertheless, the reaction time from Papaya Global’s customer assistance team was not constantly as timely as we would have liked, causing hold-ups in solving those issues.
Our execution of included a phased approach. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to recognize and resolve integration challenges early on. As the software application became more instilled in our operations, we slowly expanded its usage to cover our whole global labor force.
The automated features structured our payroll processes, minimizing the time spent on manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our teams end up being skilled users of the software, optimizing its capacity for our company.
Business that worker workers across numerous countries typically deal with complex difficulties when it pertains to managing their workforce. One of the greatest obstacles is combining various data streams and sticking to diverse regional and nationwide labor guidelines, which can be both time-consuming and costly. Furthermore, setting up regional entities in new areas can be a pricey and suboptimal choice, with alternatives such as opening a foreign subsidiary or hiring an expert work organization (PEO) frequently charging up to 15% of the payroll. These difficulties have caused a significant boost in trouble recruiting qualified workers, with 75% of employers reporting this problem 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 kinds of employment. It offers an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of work benefits, 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 professional in payroll and labor force management. She co-founded after seeing the technology gap in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to get your credits if you have any questions 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 web browser with the webcast survey please be 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 hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to regulation accomplishing
360 degree worker compliance where we’ll dive into the essential elements of the employee compliance management design throughout the session we’ll check out real life challenges real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your company and workers while remaining certified in an
Ever progressing regulative environment in the everchanging world of company and financing guaranteeing compliance with payroll guidelines is not just important however likewise a legal necessary from the minute of working with to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance threats that have significant effects 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 understanding and tools needed to browse the complex Terrain of compliance whether you’re an experienced P expert a small business owner or someone new to the field what I wish to do before we begin and I think it’s actually essential
In our quest to improve effectiveness and precision in handling our global labor force, our multinational corporation turned to, a leading and workforce management software. The shift aimed to simplify the complex job of handling across various nations, currencies, and compliance guidelines.