The COVID-19 pandemic, combined with advancements in enterprise connectivity software… Papaya Global Competitors …
insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Charm to Aerospace in all types of organizations startup to matrixed environments across the globe I provided leadership and technique to populations of more than 100,000 employees on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work throughout business male maning and building external relationships supporting Enterprise customers and options and functioning as a consultant I want to introduce 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 really work extremely carefully with our um HR department as well to manage various legal and HR matters that come up so truly delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our mission is to set you as HR professionals totally free to do terrific
Although Papaya Global provides integrations with various HR and financing systems, we encountered some hurdles throughout the integration procedure. Customizing the software application to line up with our existing facilities showed to be more complex than expected, resulting in hold-ups in the preliminary rollout.
The substantial features offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively pricey. As a worldwide company, we had to thoroughly weigh the need for advanced functionality against spending plan restraints.
Support Response Time:
On occasion, our groups experienced issues that needed immediate assistance. However, the action time from Papaya Global’s customer support group was not always as prompt as we would have liked, causing hold-ups in dealing with those concerns.
Our execution of involved a phased technique. We began by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to recognize and address integration difficulties early on. As the software application became more instilled in our operations, we slowly broadened its usage to cover our whole worldwide labor force.
The automated features structured our payroll processes, minimizing the time spent on manual estimations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our teams end up being competent users of the software, optimizing its capacity for our company.
Nevertheless, paying a workforce can be complicated. It is especially challenging for companies who utilize personnel throughout numerous nations, as they must constantly consolidate various information streams, manually track regional and nationwide labor and guidelines, and spend important time and resources to set up regional entities in new locations. These companies are faced with suboptimal, expensive alternatives, like opening a foreign subsidiary or employing a professional employment organization, which is a regional company that hires workers 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 services market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers a service supporting all kinds of employment. It provides an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps companies 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. An entrepreneur with 15 years of experience, she is a leading expert in payroll and workforce management. She co-founded after seeing the innovation space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to get your credits if you have any concerns during the webcast please click on 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 complete 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 thrilled to have you here as we embark on a journey of information to guideline attaining
360 degree staff member compliance where we’ll dive into the essential aspects of the employee compliance management model throughout the session we’ll check out real life obstacles real regional regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to secure your company and staff members while staying certified in an
Ever developing regulative environment in the everchanging world of business and financing guaranteeing compliance with payroll regulations is not only vital but likewise a legal important from the minute of working with to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have significant consequences however with a deeper more nuanced understanding of their responsibilities companies can not only navigate the complex landscape however likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools necessary to navigate the complex Terrain of compliance whether you’re an experienced P expert a small company owner or someone brand-new to the field what I want to do before we start and I believe it’s truly essential
In our quest to improve effectiveness and precision in managing our international labor force, our international corporation turned to, a leading and labor force management software application. The transition intended to streamline the complex job of managing across various countries, currencies, and compliance regulations.