The COVID-19 pandemic, combined with developments in enterprise connectivity software application… The Papaya Global Card …
insights are valuable to us and and your fellow guests 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 roles in all sort of Industries retail and Charm to Aerospace in all kinds of companies start-up to matrixed environments across the globe I supplied leadership and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across the business guy maning and developing external relationships supporting Business clients and options and functioning as a consultant I ‘d like to present our 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and really work very closely with our um HR department too to deal with numerous legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR experts totally free to do excellent
Although Papaya Global provides combinations with numerous HR and finance systems, we came across some obstacles during the combination process. Tailoring the software application to align with our existing infrastructure proved to be more complex than anticipated, resulting in hold-ups in the initial rollout.
The extensive functions used by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be excessively pricey. As a global organization, we needed to carefully weigh the need for innovative functionality against spending plan restrictions.
Assistance Reaction Time:
On occasion, our teams experienced problems that needed urgent assistance. However, the action time from Papaya Global’s customer support team was not always as prompt as we would have liked, resulting in delays in solving those concerns.
Our application of included a phased approach. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This enabled us to recognize and address combination difficulties early on. As the software application became more implanted in our operations, we gradually expanded its usage to cover our entire global labor force.
The automated features streamlined our payroll processes, reducing the time spent on manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our groups become competent users of the software application, maximizing its potential for our organization.
Companies that employee workers across numerous countries typically face detailed obstacles when it pertains to managing their workforce. One of the biggest obstacles is combining various information streams and adhering to diverse regional and nationwide labor policies, which can be both time-consuming and expensive. Moreover, setting up local entities in brand-new regions can be a costly and suboptimal choice, with alternatives such as opening a foreign subsidiary or hiring a professional work organization (PEO) often charging up to 15% of the payroll. These difficulties have resulted in a significant increase in difficulty recruiting qualified workers, with 75% of employers reporting this problem in 2022, a 21% increase from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
uses a solution supporting all types of work. It offers an end-to-end platform, from employee onboarding and ongoing management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and makes sure information personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading expert in payroll and workforce management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to receive 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 brand-new tab will open in your web browser with the webcast survey please make sure to finish it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hi and thank you for joining us today we’re thrilled to have you here as we start a journey of data to regulation attaining
360 degree employee compliance where we’ll dive into the important aspects of the worker compliance management design throughout the session we’ll check out real world difficulties genuine regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your company and employees while remaining certified in an
Ever developing regulatory environment in the everchanging world of service and financing guaranteeing compliance with payroll policies is not only crucial but likewise a legal important from the minute of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance threats that have significant consequences however with a much deeper more nuanced understanding of their obligations companies can not just browse the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed 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 new to the field what I would like to do before we start and I believe it’s truly essential
In our mission to boost efficiency and precision in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software application. The shift aimed to streamline the complex task of managing throughout various countries, currencies, and compliance policies.