The COVID-19 pandemic, integrated with improvements in enterprise connectivity software… Papaya Global Customers …
insights are valuable to us and and your fellow participants so first things initially 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 have actually had functions in all sort of Industries retail and Charm to Aerospace in all kinds of businesses startup to matrixed environments across the globe I offered management and method to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout business man maning and constructing external relationships supporting Enterprise customers and solutions and serving as an advisor I want to introduce our very first Greg um visitor 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 corporate counsil at bambo HR so I lead our in-house legal group and actually work extremely closely with our um HR department also to handle various legal and HR matters that come 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 experts free to do great
Although Papaya Global supplies integrations with different HR and finance systems, we encountered some hurdles during the combination process. Personalizing the software application to align with our existing facilities proved to be more complex than anticipated, leading to delays in the initial rollout.
The comprehensive features provided by Papaya Global come at an expense, which some of our smaller subsidiaries found to be excessively expensive. As a worldwide company, we needed to thoroughly weigh the requirement for sophisticated functionality versus spending plan restraints.
Support Action Time:
On occasion, our teams experienced problems that required immediate help. However, the response time from Papaya Global’s consumer support team was not always as timely as we would have liked, resulting in delays in resolving those problems.
Our execution of included a phased method. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to determine and resolve combination obstacles 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 structured our payroll processes, lowering the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our teams become skilled users of the software, optimizing its capacity for our organization.
Business that employee workers across numerous nations typically face complex challenges when it pertains to managing their workforce. One of the biggest hurdles is consolidating numerous data streams and adhering to diverse regional and nationwide labor policies, which can be both lengthy and costly. Furthermore, establishing local entities in new areas can be an expensive and suboptimal option, with alternatives such as opening a foreign subsidiary or working with an expert work organization (PEO) often charging up to 15% of the payroll. These difficulties have resulted in a substantial boost in trouble hiring certified workers, with 75% of employers reporting this concern in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
uses an option supporting all kinds of work. It offers an end-to-end platform, from employee onboarding and ongoing management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, provides management of employment benefits, and guarantees information 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 labor force management. She co-founded after seeing the innovation space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be 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 internet browser with the webcast study please make 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 discussion hello and thank you for joining us today we’re thrilled to have you here as we start a journey of information to regulation attaining
360 degree employee compliance where we’ll dive into the vital elements of the staff member compliance management design throughout the session we’ll explore real life challenges real local regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and workers while remaining certified in an
Ever evolving regulatory environment in the everchanging world of company and financing making sure compliance with payroll regulations is not just crucial however likewise a legal important from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching consequences however with a deeper more nuanced understanding of their responsibilities companies can not just navigate the intricate landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools necessary to navigate the complex Surface of compliance whether you’re a skilled P professional a small company owner or somebody new to the field what I wish to do before we begin and I believe it’s really crucial
In our quest to boost efficiency and accuracy in handling our international labor force, our international corporation turned to, a leading and labor force management software application. The transition intended to streamline the complex task of handling throughout numerous nations, currencies, and compliance guidelines.