The COVID-19 pandemic, combined with developments in enterprise connection software… Papaya Global Version 23 …
insights are valuable to us and and your fellow guests so first things initially though um let’s learn more about everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all kinds of businesses start-up to matrixed environments around the world I offered management and method to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business man maning and constructing external relationships supporting Enterprise clients and solutions and acting as a consultant I want to present our very first Greg um guest 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 internal legal group and in fact work extremely closely with our um HR department as well to handle numerous legal and HR matters that show up so really 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 professionals complimentary to do excellent
Although Papaya Global offers integrations with various HR and finance systems, we experienced some difficulties throughout the combination process. Customizing the software application to line up with our existing infrastructure proved to be more intricate than prepared for, leading to delays in the preliminary rollout.
The substantial functions offered by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively expensive. As a worldwide company, we had to thoroughly weigh the requirement for sophisticated performance versus budget restrictions.
Support Reaction Time:
On occasion, our teams experienced problems that needed immediate assistance. However, the reaction time from Papaya Global’s consumer assistance group was not always as prompt as we would have liked, causing hold-ups in resolving those issues.
Our execution of involved a phased approach. We started by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to determine and attend to combination difficulties early on. As the software application became more ingrained in our operations, we gradually broadened its use to cover our whole international labor force.
The automated features structured our payroll procedures, minimizing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups end up being proficient users of the software, optimizing its potential for our organization.
Nevertheless, paying a labor force can be complicated. It is especially challenging for business who employ staff throughout several countries, as they must continuously consolidate various data streams, manually track regional and national labor and guidelines, and spend valuable time and resources to establish local entities in new locations. These business are faced with suboptimal, pricey options, like opening a foreign subsidiary or employing a professional work organization, which is a regional firm that works with workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting qualified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
uses a service supporting all types of work. It supplies an end-to-end platform, from employee onboarding and continuous management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, 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 specialist in payroll and labor force management. She co-founded after seeing the innovation space in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to go to the total webcast in order to get your credits if you have any questions during the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast study please make 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 hello and thank you for joining us today we’re enjoyed have you here as we start a journey of data to policy attaining
360 degree employee compliance where we’ll dive into the vital aspects of the staff member compliance management model throughout the session we’ll explore real life challenges real local regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your organization and staff members while remaining certified in an
Ever progressing regulative environment in the everchanging world of company and finance guaranteeing compliance with payroll guidelines is not just essential however also a legal imperative from the moment of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance threats that have significant effects however with a deeper more nuanced understanding of their commitments companies can not just navigate the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a skilled P specialist a small company owner or somebody new to the field what I want to do before we start and I believe it’s really important
In our mission to enhance efficiency and accuracy in handling our worldwide workforce, our multinational corporation turned to, a leading and labor force management software application. The transition intended to simplify the complex task of handling throughout various countries, currencies, and compliance regulations.