The COVID-19 pandemic, integrated with developments in enterprise connection software… How Do I Update My Papaya Global Payroll Subscription …
insights are valuable to us and and your fellow attendees so first things initially though um let’s get to know everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all type of Industries retail and Beauty to Aerospace in all kinds of businesses startup to matrixed environments around the world I provided management and technique to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across the business man maning and building external relationships supporting Enterprise customers and services and acting as a consultant I want to introduce our 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 said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal group and actually work extremely closely with our um HR department too to deal with numerous legal and HR matters that show up so actually excited to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our objective is to set you as HR professionals totally free to do great
Although Papaya Global offers combinations with numerous HR and finance systems, we encountered some hurdles throughout the combination procedure. Tailoring the software application to line up with our existing facilities showed to be more complex than anticipated, resulting in delays in the initial rollout.
The extensive features provided by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be excessively pricey. As a global company, we needed to carefully weigh the requirement for innovative functionality versus budget plan restrictions.
Support Response Time:
On occasion, our teams experienced problems that required immediate support. However, the reaction time from Papaya Global’s client support team was not constantly as timely as we would have liked, leading to hold-ups in fixing those issues.
Our implementation of included a phased approach. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This permitted us to determine and address combination challenges early on. As the software became more ingrained in our operations, we gradually expanded its usage to cover our entire worldwide labor force.
The automated functions streamlined our payroll processes, minimizing the time spent on manual calculations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our groups end up being competent users of the software application, optimizing its potential for our company.
However, paying a labor force can be intricate. It is particularly challenging for companies who use staff throughout numerous countries, as they must continuously combine different information streams, by hand track local and nationwide labor and regulations, and spend valuable time and resources to establish regional entities in brand-new areas. These companies are faced with suboptimal, costly options, like opening a foreign subsidiary or hiring a professional work company, which is a local company that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring qualified personnel, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers an option supporting all forms of employment. It supplies an end-to-end platform, from staff member onboarding and ongoing management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they run, offers management of work advantages, and ensures information personal 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 workforce management. She co-founded after seeing the innovation space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend the total 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 study please be 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 thrilled to have you here as we start a journey of information to guideline attaining
360 degree employee compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll check out real life challenges genuine local regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your company and workers while staying compliant in an
Ever evolving regulative environment in the everchanging world of business and financing making sure compliance with payroll regulations is not only important but also a legal imperative 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 effects nevertheless with a deeper more nuanced understanding of their responsibilities companies can not just browse the detailed landscape however likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools necessary to navigate the complex Surface of compliance whether you’re an experienced P professional a small business owner or somebody brand-new to the field what I want to do before we begin and I think it’s really crucial
In our quest to improve performance and precision in handling our international workforce, our multinational corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex task of managing across numerous nations, currencies, and compliance regulations.