The COVID-19 pandemic, integrated with advancements in enterprise connectivity software… Papaya Global Qualification …
insights are valuable to us and and your fellow participants so first things first though um let’s get to know everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Charm to Aerospace in all kinds of businesses start-up to matrixed environments across the globe I supplied management and strategy to populations of more than 100,000 employees on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work throughout the business guy maning and constructing external relationships supporting Enterprise customers and services and acting as an advisor I ‘d like 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 business counsil at bambo HR so I lead our internal legal group and in fact work really closely with our um HR department too to deal with numerous legal and HR matters that show up so truly excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR specialists totally free to do terrific
Although Papaya Global provides integrations with various HR and financing systems, we came across some hurdles throughout the combination process. Customizing the software application to line up with our existing infrastructure showed to be more complex than prepared for, leading to delays in the initial rollout.
The substantial features used by Papaya Global come at an expense, which some of our smaller subsidiaries found to be prohibitively pricey. As an international company, we needed to carefully weigh the need for innovative functionality versus spending plan restraints.
Assistance Response Time:
On occasion, our teams experienced problems that needed immediate help. However, the action time from Papaya Global’s customer assistance team was not constantly as timely as we would have liked, causing delays in fixing those concerns.
Our implementation of involved a phased method. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to determine and address combination challenges early on. As the software ended up being more instilled in our operations, we gradually broadened its use to cover our entire international workforce.
The automated functions streamlined our payroll processes, lowering the time spent on manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams become skilled users of the software application, optimizing its potential for our company.
However, paying a labor force can be complicated. It is particularly challenging for business who employ personnel across several nations, as they should constantly consolidate different information streams, by hand track regional and nationwide labor and policies, and spend valuable time and resources to set up local entities in new locations. These companies are faced with suboptimal, pricey alternatives, like opening a foreign subsidiary or hiring 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 recruiting certified workers, 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.
uses an option supporting all types of work. It offers an end-to-end platform, from staff member onboarding and continuous management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, uses management of work benefits, and guarantees 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 workforce management. She co-founded after seeing the innovation gap in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend 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 internet browser with the webcast study 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 discussion hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline accomplishing
360 degree employee compliance where we’ll dive into the essential elements of the worker compliance management design throughout the session we’ll check out real life difficulties genuine 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 organization and workers while staying certified in an
Ever progressing regulatory environment in the everchanging world of business and financing making sure compliance with payroll regulations is not only essential but likewise a legal important from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their commitments organizations can not just navigate the detailed landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re a skilled P professional a small business owner or somebody brand-new to the field what I wish to do before we begin and I think it’s really important
In our quest to boost performance and precision in handling our global workforce, our international corporation turned to, a leading and labor force management software application. The shift intended to streamline the complex task of managing across different countries, currencies, and compliance policies.