The COVID-19 pandemic, integrated with improvements in enterprise connectivity software application… Papaya Global Remote Access …
insights are important to us and and your fellow attendees 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 have actually had functions in all kind of Industries retail and Beauty to Aerospace in all types of organizations startup to matrixed environments around the world I supplied management and strategy to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
International I work across business guy maning and building external relationships supporting Enterprise clients and options and serving as a consultant I wish to present our very first Greg um visitor 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 stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal team and actually work very carefully with our um HR department also to manage different legal and HR matters that come up so actually thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our objective is to set you as HR experts free to do terrific
Although Papaya Global supplies integrations with various HR and financing systems, we encountered some obstacles throughout the combination procedure. Tailoring the software application to align with our existing infrastructure showed to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
The substantial functions offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be excessively costly. As a worldwide company, we had to thoroughly weigh the requirement for innovative performance versus budget constraints.
Support Response Time:
On occasion, our groups experienced problems that required urgent assistance. Nevertheless, the reaction time from Papaya Global’s client assistance group was not constantly as timely as we would have liked, leading to hold-ups in resolving those issues.
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 allowed us to recognize and attend to combination obstacles early on. As the software application became more instilled in our operations, we slowly broadened its use to cover our entire global labor force.
The automated functions streamlined our payroll processes, minimizing the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our groups end up being competent users of the software application, maximizing its potential for our organization.
Nevertheless, paying a labor force can be intricate. It is especially challenging for companies who utilize personnel throughout several countries, as they should continuously consolidate different data streams, by hand track local and nationwide labor and policies, and invest important time and resources to set up local entities in new locations. These companies are faced with suboptimal, expensive options, like opening a foreign subsidiary or employing an expert work organization, which is a regional firm that employs employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring certified workers, a boost of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides a solution supporting all types of work. It offers an end-to-end platform, from staff member onboarding and ongoing management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, offers management of work advantages, and ensures data 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 labor force management. She co-founded after seeing the technology gap in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the total 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 survey please be sure to complete 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 hey there and thank you for joining us today we’re thrilled to have you here as we start a journey of data to policy achieving
360 degree worker compliance where we’ll dive into the vital elements of the worker compliance management design throughout the session we’ll check out real world obstacles genuine regional policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your company and employees while staying compliant in an
Ever progressing regulatory environment in the everchanging world of service and finance ensuring compliance with payroll regulations is not just important however also a legal crucial from the moment of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance risks that have significant consequences however with a deeper more nuanced understanding of their obligations companies can not only browse the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools necessary to browse the complex Surface of compliance whether you’re a skilled P professional a small company owner or someone new to the field what I would like to do before we start and I believe it’s actually important
In our mission to enhance efficiency and accuracy in handling our worldwide workforce, our international corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex job of managing across various countries, currencies, and compliance regulations.