The COVID-19 pandemic, integrated with improvements in enterprise connection software application… Papaya Global Guinea-bissau …
insights are important to us and and your fellow guests so first things initially though um let’s learn more about everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had functions in all type of Industries retail and Appeal to Aerospace in all kinds of companies start-up to matrixed environments around the world I offered management and technique to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business man maning and constructing external relationships supporting Business customers and services and serving as a consultant I wish to present 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 business counsil at bambo HR so I lead our in-house legal group and really work very closely with our um HR department too to handle different legal and HR matters that come up so actually delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR professionals totally free to do terrific
Although Papaya Global provides combinations with various HR and financing systems, we encountered some difficulties during the combination process. Personalizing the software application to line up with our existing infrastructure proved to be more complex than expected, leading to hold-ups in the initial rollout.
The comprehensive functions offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be prohibitively costly. As an international organization, we needed to carefully weigh the requirement for sophisticated functionality versus budget constraints.
Support Response Time:
On occasion, our teams experienced issues that required urgent assistance. Nevertheless, the action time from Papaya Global’s consumer support group was not always as timely as we would have liked, resulting in delays in fixing those problems.
Our implementation of involved 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 identify and attend to integration challenges early on. As the software became more instilled in our operations, we slowly broadened its use to cover our entire worldwide workforce.
The automated features structured our payroll procedures, reducing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our groups become competent users of the software, maximizing its capacity for our organization.
However, paying a workforce can be complicated. It is particularly challenging for business who use staff across numerous countries, as they should constantly combine various information streams, manually track regional and national labor and guidelines, and spend valuable time and resources to establish local entities in brand-new locations. These business are confronted with suboptimal, costly alternatives, like opening a foreign subsidiary or working with a professional work company, which is a local company that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble hiring qualified personnel, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers an option supporting all forms of work. It offers an end-to-end platform, from staff member onboarding and ongoing management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they run, offers management of work 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 workforce management. She co-founded after seeing the innovation space in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to go to the total webcast in order to get 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 new tab will open in your web browser with the webcast survey please make sure to finish it as soon as the webcast has actually 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 start a journey of data to regulation achieving
360 degree employee compliance where we’ll dive into the vital elements of the staff member compliance management model throughout the session we’ll check out real world challenges genuine local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to safeguard your company and workers while staying certified in an
Ever evolving regulative environment in the everchanging world of business and financing making sure compliance with payroll policies is not only crucial but likewise a legal important from the moment of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching repercussions nevertheless with a deeper more nuanced understanding of their commitments organizations can not only browse the detailed landscape but likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools required to browse the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone new to the field what I wish to do before we start and I believe it’s actually important
In our mission to improve effectiveness and accuracy in managing our global workforce, our international corporation turned to, a leading and labor force management software. The shift intended to simplify the complex job of handling throughout different countries, currencies, and compliance policies.