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insights are important to us and and your fellow participants so first things initially though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Beauty to Aerospace in all kinds of companies startup to matrixed environments around the world I offered management and method to populations of more than 100,000 workers on a monthly basis and in over 170 nations today I’m the perel strategist for papaya

International I work across the business male maning and building external relationships supporting Enterprise customers and services and serving as a consultant I want to introduce 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 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 very closely with our um HR department as well to manage numerous legal and HR matters that turn up so truly thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR specialists complimentary to do great

Implementation Challenges:
Although Papaya Global provides integrations with various HR and financing systems, we came across some hurdles throughout the combination procedure. Tailoring the software to line up with our existing facilities proved to be more intricate than expected, leading to hold-ups in the initial rollout.

Rates Issues:
The substantial functions used by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be excessively costly. As an international organization, we had to carefully weigh the need for innovative functionality against budget restrictions.

Support Response Time:
On occasion, our teams experienced issues that needed immediate support. Nevertheless, the response time from Papaya Global’s consumer assistance group was not always as prompt as we would have liked, causing delays in solving those issues.

Our application of involved a phased technique. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This allowed us to identify and resolve integration challenges early on. As the software application became more implanted in our operations, we slowly expanded its usage to cover our whole worldwide labor force.

The automated functions streamlined our payroll procedures, minimizing the time invested in manual computations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our groups become proficient users of the software application, optimizing its potential for our company.

Nevertheless, paying a workforce can be complex. It is especially challenging for companies who employ personnel across multiple countries, as they must constantly consolidate different data streams, manually track local and national labor and guidelines, and spend valuable time and resources to set up regional entities in new locations. These companies are faced with suboptimal, costly choices, like opening a foreign subsidiary or working with a professional employment company, which is a regional company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting certified workers, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.

provides a solution supporting all types of employment. 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, offers management of work advantages, and makes sure data 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 workforce management. She co-founded after seeing the technology gap in global.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to get your credits if you have any questions throughout the webcast please click 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 complete it as quickly 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 thrilled to have you here as we embark on a journey of data to guideline accomplishing

360 degree worker compliance where we’ll dive into the necessary elements of the worker compliance management design throughout the session we’ll check out real life challenges real regional guidelines 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 workers while remaining compliant in an

Ever progressing regulative environment in the everchanging world of service and finance ensuring compliance with payroll policies is not just crucial but likewise a legal important from the moment of working with to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance risks that have far-reaching effects however with a deeper more nuanced understanding of their obligations companies can not just navigate the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools necessary to browse the complex Terrain of compliance whether you’re a seasoned P expert a small company owner or someone brand-new to the field what I wish to do before we start and I believe it’s truly important

In our quest to boost efficiency and precision in managing our international labor force, our international corporation turned to, a leading and workforce management software application. The shift intended to simplify the complex job of managing across numerous countries, currencies, and compliance guidelines.