The COVID-19 pandemic, integrated with improvements in business connectivity software… Papaya Global Malaysia …
insights are valuable to us and and your fellow participants so first things initially though um let’s get to know 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 startup to matrixed environments across the globe I supplied leadership and strategy to populations of more than 100,000 employees on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work across business man maning and building external relationships supporting Business customers and options and serving as a consultant I want to present our very 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 said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal team and in fact work very closely with our um HR department also to manage different legal and HR matters that come up so really thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our mission is to set you as HR professionals complimentary to do great
Although Papaya Global provides integrations with different HR and financing systems, we encountered some difficulties throughout the integration procedure. Personalizing the software to align with our existing facilities proved to be more complex than anticipated, leading to delays in the preliminary rollout.
The extensive features provided by Papaya Global come at a cost, which a few of our smaller sized subsidiaries discovered to be prohibitively costly. As a global company, we had to carefully weigh the requirement for advanced performance versus budget restraints.
Assistance Reaction Time:
On occasion, our teams experienced issues that required urgent help. Nevertheless, the action time from Papaya Global’s customer support group was not constantly as timely as we would have liked, resulting in hold-ups in resolving those concerns.
Our execution of involved a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to identify and deal with combination challenges early on. As the software application became more implanted in our operations, we gradually expanded its use to cover our whole international workforce.
The automated features structured our payroll processes, reducing the time spent on manual estimations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our groups end up being competent users of the software application, optimizing its capacity for our organization.
However, paying a labor force can be intricate. It is especially challenging for business who use personnel across several nations, as they must constantly combine different data streams, by hand track local and nationwide labor and policies, and invest valuable time and resources to set up local entities in brand-new locations. These business are confronted with suboptimal, pricey choices, like opening a foreign subsidiary or working with an expert work company, which is a regional company that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting certified personnel, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
offers a solution supporting all kinds of employment. It offers an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of work benefits, and ensures information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and labor force management. She co-founded after seeing the technology space in global.
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 concerns 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 browser with the webcast survey 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 discussion hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to guideline accomplishing
360 degree employee compliance where we’ll dive into the important aspects of the employee compliance management design throughout the session we’ll explore real life challenges genuine regional guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your organization and employees while staying certified in an
Ever evolving regulative environment in the everchanging world of business and financing guaranteeing compliance with payroll regulations is not just vital but likewise a legal essential from the moment of working with to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their commitments companies can not just navigate the detailed landscape however also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to navigate the complex Surface of compliance whether you’re an experienced P professional a small company owner or someone brand-new to the field what I want to do before we begin and I believe it’s actually important
In our quest to boost efficiency and precision in handling our global workforce, our international corporation turned to, a leading and workforce management software application. The transition intended to streamline the complex job of handling throughout different nations, currencies, and compliance guidelines.