The COVID-19 pandemic, integrated with advancements in business connectivity software… Kbm Training Papaya Global …
insights are valuable to us and and your fellow guests so first things initially though um let’s be familiar with everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all type of Industries retail and Charm to Aerospace in all kinds of services startup to matrixed environments across the globe I provided leadership and method to populations of more than 100,000 workers on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work across business male maning and constructing external relationships supporting Business customers and solutions and acting as a consultant I want to introduce our first Greg um guest Greg who will kick things off by telling us um who he is and a 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 corporate counsil at bambo HR so I lead our in-house legal team and actually work very carefully with our um HR department too to manage numerous legal and HR matters that come up so really thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our objective is to set you as HR professionals complimentary to do great
Although Papaya Global offers integrations with different HR and finance systems, we experienced some obstacles throughout the combination process. Tailoring the software application to align with our existing infrastructure showed to be more complicated than prepared for, leading to delays in the preliminary rollout.
The comprehensive features provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively costly. As a global organization, we had to thoroughly weigh the requirement for innovative functionality against budget restraints.
Support Reaction Time:
On occasion, our teams experienced problems that required immediate assistance. Nevertheless, the action time from Papaya Global’s client support group was not constantly as prompt as we would have liked, causing hold-ups in solving those concerns.
Our application of involved a phased method. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to determine and resolve integration difficulties early on. As the software application became more implanted in our operations, we gradually expanded its usage to cover our whole global labor force.
The automated features streamlined our payroll procedures, decreasing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become proficient users of the software, maximizing its capacity for our company.
Business that employee workers throughout numerous nations often deal with elaborate challenges when it concerns managing their workforce. Among the biggest hurdles is consolidating numerous data streams and adhering to diverse regional and national labor regulations, which can be both lengthy and pricey. Additionally, establishing regional entities in brand-new regions can be an expensive and suboptimal option, with alternatives such as opening a foreign subsidiary or employing an expert work organization (PEO) frequently charging up to 15% of the payroll. These difficulties have led to a considerable boost in difficulty recruiting qualified personnel, with 75% of employers reporting this issue in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
provides a service supporting all forms of work. It supplies an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they operate, offers management of work advantages, 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 labor force management. She co-founded after seeing the technology space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to get your credits if you have any concerns during the webcast please click the Q&A tab in your webinar controls and type the there a brand-new tab will open in your internet browser with the webcast study please be sure to complete 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 thrilled to have you here as we start a journey of data to policy accomplishing
360 degree employee compliance where we’ll dive into the vital elements of the employee compliance management design throughout the session we’ll check out real life difficulties real local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your company and workers while staying certified in an
Ever developing regulatory environment in the everchanging world of organization and financing ensuring compliance with payroll guidelines is not only vital but also a legal important from the moment of working with to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have significant repercussions nevertheless with a much deeper more nuanced understanding of their obligations companies can not only browse the complex landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools required to navigate the complex Terrain of compliance whether you’re a skilled P expert a small company owner or someone brand-new to the field what I wish to do before we begin and I think it’s truly crucial
In our mission to boost performance and accuracy in managing our international labor force, our multinational corporation turned to, a leading and workforce management software application. The transition aimed to simplify the complex task of handling throughout different nations, currencies, and compliance regulations.