The COVID-19 pandemic, integrated with improvements in enterprise connectivity software… Papaya Global Pdx …
insights are valuable to us and and your fellow attendees 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 sort of Industries retail and Beauty to Aerospace in all types of services startup to matrixed environments around the world I offered leadership and technique to populations of more than 100,000 workers on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work across business man maning and developing external relationships supporting Business clients and solutions and serving as an advisor I want to present our first Greg um guest Greg who will kick things off by telling 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 business counsil at bambo HR so I lead our internal legal team and in fact work very carefully with our um HR department too to deal with different legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR experts free to do great
Although Papaya Global offers combinations with different HR and finance systems, we came across some obstacles throughout the integration procedure. Personalizing the software application to line up with our existing infrastructure proved to be more complex than prepared for, resulting in hold-ups in the preliminary rollout.
The extensive features offered by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively expensive. As an international organization, we needed to thoroughly weigh the need for innovative functionality against spending plan restrictions.
Assistance Response Time:
On occasion, our groups experienced concerns that required urgent support. However, the response time from Papaya Global’s client assistance team was not always as timely as we would have liked, leading to delays in dealing with those issues.
Our execution of included a phased approach. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to determine and deal with combination difficulties early on. As the software application ended up being more instilled in our operations, we gradually broadened its use to cover our entire global labor force.
The automated features streamlined our payroll processes, reducing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya helped our teams become skilled users of the software, maximizing its potential for our company.
Business that worker workers across multiple countries often deal with detailed challenges when it concerns managing their workforce. One of the biggest obstacles is combining different information streams and sticking to varied local and national labor policies, which can be both lengthy and pricey. Moreover, setting up local entities in brand-new regions can be a costly and suboptimal choice, with alternatives such as opening a foreign subsidiary or employing a professional employment organization (PEO) frequently charging up to 15% of the payroll. These difficulties have led to a significant increase in trouble recruiting qualified workers, with 75% of companies reporting this problem in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
offers a solution supporting all forms of work. It provides an end-to-end platform, from employee onboarding and continuous management to international payments and. It helps business with labor law compliance in the jurisdictions in which they operate, provides management of work benefits, and ensures data personal 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 international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to get 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 internet browser with the webcast survey please make sure 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 hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to regulation accomplishing
360 degree employee compliance where we’ll dive into the essential aspects of the worker compliance management model throughout the session we’ll check out real life challenges real regional policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your company and employees while remaining certified in an
Ever developing regulatory environment in the everchanging world of company and financing ensuring compliance with payroll guidelines is not only essential but likewise a legal necessary from the moment of employing to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance threats that have far-reaching repercussions however with a much deeper more nuanced understanding of their commitments organizations can not only navigate the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools necessary to browse the complex Terrain of compliance whether you’re a skilled P professional a small company owner or somebody brand-new to the field what I want to do before we start and I believe it’s truly crucial
In our mission to improve efficiency and precision in handling our worldwide labor force, our multinational corporation turned to, a leading and workforce management software application. The shift aimed to streamline the complex job of handling across various countries, currencies, and compliance policies.