The COVID-19 pandemic, combined with advancements in enterprise connectivity software… Papaya Globals Mobile …
insights are important to us and and your fellow participants so first things initially though um let’s get to know everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Beauty to Aerospace in all types of companies startup to matrixed environments across the globe I offered leadership 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
Global I work throughout the business man maning and constructing external relationships supporting Enterprise customers and services and functioning as a consultant I want to present our very first Greg um guest Greg who will kick things off by informing 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 internal legal team and actually work very carefully with our um HR department also to handle various legal and HR matters that show up so truly excited 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 specialists totally free to do terrific
Although Papaya Global offers integrations with various HR and financing systems, we came across some obstacles during the combination procedure. Personalizing the software to line up with our existing facilities proved to be more complicated than prepared for, resulting in delays in the preliminary rollout.
The comprehensive functions provided by Papaya Global come at a cost, which some of our smaller sized subsidiaries found to be prohibitively costly. As a worldwide company, we needed to thoroughly weigh the need for innovative functionality against spending plan restraints.
Support Action Time:
On occasion, our teams experienced problems that required urgent help. However, the response time from Papaya Global’s consumer support team was not always as prompt as we would have liked, causing delays in dealing with those issues.
Our implementation of involved a phased technique. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This enabled us to determine and attend to combination challenges early on. As the software application became more instilled in our operations, we slowly broadened its use to cover our whole international labor force.
The automated features structured our payroll processes, lowering the time invested in manual calculations and compliance tracking. Regular training sessions and continuous support from Papaya helped our teams become proficient users of the software, maximizing its potential for our organization.
Business that employee workers throughout multiple countries typically face detailed difficulties when it comes to managing their workforce. One of the biggest obstacles is consolidating different information streams and sticking to varied regional and nationwide labor policies, which can be both time-consuming and costly. Moreover, setting up local entities in new areas can be a pricey and suboptimal alternative, with options such as opening a foreign subsidiary or employing an expert work organization (PEO) often charging up to 15% of the payroll. These difficulties have actually led to a substantial boost in difficulty hiring qualified personnel, with 75% of companies reporting this issue in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
provides a service supporting all types of work. It provides an end-to-end platform, from employee onboarding and continuous management to global payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of employment 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 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 be sure to attend the total 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 brand-new tab will open in your browser with the webcast survey please make certain 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 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 worker compliance where we’ll dive into the vital aspects of the employee compliance management model throughout the session we’ll check out real world challenges real local regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and employees while staying compliant in an
Ever progressing regulative environment in the everchanging world of organization and financing making sure compliance with payroll policies is not just important but likewise a legal important from the moment of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant repercussions however with a much deeper more nuanced understanding of their commitments companies can not just navigate the detailed landscape however likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools essential to browse the complex Surface of compliance whether you’re a skilled P specialist a small business owner or someone brand-new to the field what I would like to do before we start and I believe it’s truly crucial
In our quest to enhance efficiency and accuracy in managing our global workforce, our international corporation turned to, a leading and labor force management software. The transition aimed to streamline the complex job of handling across different countries, currencies, and compliance policies.