The COVID-19 pandemic, integrated with improvements in enterprise connection software application… Papaya Global Smp Recovery …
insights are important to us and and your fellow participants so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Beauty to Aerospace in all kinds of businesses startup to matrixed environments around the world I provided leadership and technique 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 across the business man maning and developing external relationships supporting Business customers and services and acting as an advisor I wish to introduce our first Greg um visitor 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 corporate counsil at bambo HR so I lead our in-house legal group and actually work extremely carefully with our um HR department also to manage numerous legal and HR matters that come up so truly excited 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 specialists complimentary to do great
Although Papaya Global supplies integrations with different HR and financing systems, we came across some hurdles during the combination procedure. Customizing the software application to align with our existing infrastructure proved to be more complicated than expected, leading to hold-ups in the initial rollout.
The comprehensive features provided by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be excessively pricey. As an international organization, we had to carefully weigh the need for advanced performance against budget restraints.
Assistance Action Time:
On occasion, our teams experienced problems that required urgent help. However, the action time from Papaya Global’s customer assistance group was not always as timely as we would have liked, resulting in delays in resolving those concerns.
Our application of included a phased method. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This enabled us to identify and address combination challenges early on. As the software ended up being more instilled in our operations, we slowly expanded its use to cover our entire global workforce.
The automated functions streamlined our payroll procedures, reducing the time spent on manual computations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our teams become competent users of the software, optimizing its capacity for our company.
However, paying a workforce can be intricate. It is especially challenging for companies who use personnel throughout numerous countries, as they must continuously combine different information streams, manually track regional and nationwide labor and guidelines, and invest important time and resources to set up regional entities in new locations. These business are faced with suboptimal, costly options, like opening a foreign subsidiary or hiring an expert work company, which is a regional company that works with staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem hiring certified personnel, an increase 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.
provides an option supporting all kinds of employment. It provides 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 run, provides management of work benefits, 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 workforce 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 be sure to participate in the complete webcast in order to get your credits if you have any concerns throughout 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 survey please make sure to finish it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to guideline achieving
360 degree staff member compliance where we’ll dive into the essential elements of the worker compliance management design throughout the session we’ll explore real world challenges real regional guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your company and workers while staying certified in an
Ever developing regulatory environment in the everchanging world of business and finance making sure compliance with payroll policies is not only crucial however also a legal essential from the minute of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their obligations companies can not only browse the elaborate landscape however also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools needed to browse the complex Terrain of compliance whether you’re an experienced P professional a small business owner or someone new to the field what I wish to do before we begin and I believe it’s really crucial
In our mission to improve efficiency and accuracy in managing our worldwide workforce, our international corporation turned to, a leading and labor force management software application. The transition aimed to simplify the complex task of managing across different nations, currencies, and compliance guidelines.