The COVID-19 pandemic, integrated with advancements in business connectivity software application… Papaya Global Certification …
insights are important to us and and your fellow guests so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had roles in all kind of Industries retail and Charm to Aerospace in all types of companies start-up to matrixed environments around the world I provided leadership and strategy to populations of more than 100,000 staff members on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across the business guy maning and constructing external relationships supporting Enterprise clients and options and serving as an advisor I ‘d like to present our very first Greg um guest Greg who will kick things off by informing 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 business counsil at bambo HR so I lead our in-house legal group and in fact work really carefully with our um HR department also to handle numerous legal and HR matters that come up so actually thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our objective is to set you as HR professionals totally free to do great
Although Papaya Global supplies integrations with numerous HR and finance systems, we experienced some hurdles throughout the integration process. Customizing the software to align with our existing infrastructure showed to be more intricate than expected, leading to hold-ups in the preliminary rollout.
The comprehensive features offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively pricey. As an international company, we had to thoroughly weigh the need for innovative functionality against budget plan restraints.
Support Response Time:
On occasion, our groups experienced problems that needed immediate help. However, the reaction time from Papaya Global’s client assistance group was not always as prompt as we would have liked, resulting in hold-ups in fixing those concerns.
Our implementation of involved a phased technique. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This allowed us to determine and attend to integration difficulties early on. As the software application ended up being more ingrained in our operations, we gradually expanded its usage to cover our whole global workforce.
The automated functions streamlined our payroll processes, minimizing the time spent on manual computations and compliance tracking. Routine training sessions and continuous assistance from Papaya assisted our teams become proficient users of the software, optimizing its potential for our company.
Companies that worker workers throughout numerous countries frequently face detailed challenges when it comes to managing their workforce. Among the biggest difficulties is consolidating different information streams and sticking to diverse local and national labor regulations, which can be both lengthy and costly. Furthermore, establishing local entities in new regions can be an expensive and suboptimal alternative, with alternatives such as opening a foreign subsidiary or hiring an expert work company (PEO) frequently charging up to 15% of the payroll. These difficulties have resulted in a substantial boost in problem recruiting qualified workers, with 75% of employers reporting this problem in 2022, a 21% boost 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 solution supporting all kinds of work. It offers an end-to-end platform, from worker onboarding and continuous management to international payments and. It assists business with labor law compliance in the jurisdictions in which they run, uses management of work advantages, and makes sure information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist in payroll and labor force management. She co-founded after seeing the technology space in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to go to the complete webcast in order to receive 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 brand-new tab will open in your web browser with the webcast study please make certain 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 hello and thank you for joining us today we’re enjoyed have you here as we start a journey of data to regulation accomplishing
360 degree employee compliance where we’ll dive into the vital aspects of the employee compliance management model throughout the session we’ll check out real life difficulties real regional policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and workers while remaining certified in an
Ever progressing regulative environment in the everchanging world of business and finance making sure compliance with payroll regulations is not only vital but also a legal crucial from the minute of employing to the in intri intricacies even sorry of termination every step along the staff member 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 only browse the elaborate landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to navigate the complex Terrain of compliance whether you’re a skilled P specialist a small business owner or somebody new to the field what I want to do before we start and I think it’s truly essential
In our quest to boost performance and precision in handling our global labor force, our multinational corporation turned to, a leading and workforce management software application. The transition intended to simplify the complex task of managing throughout numerous nations, currencies, and compliance guidelines.