The COVID-19 pandemic, combined with advancements in enterprise connection software… Improve Business Efficiency With Papaya Global On A Budget …
insights are important 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 operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Charm to Aerospace in all types of businesses startup to matrixed environments across the globe I provided management and strategy 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 business guy maning and constructing external relationships supporting Enterprise customers and services and serving as an advisor I want to introduce our first Greg um guest 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 corporate counsil at bambo HR so I lead our in-house legal team and actually work really carefully with our um HR department too to deal with numerous legal and HR matters that show up so actually thrilled 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 free to do excellent
Although Papaya Global provides integrations with various HR and finance systems, we experienced some obstacles throughout the integration procedure. Personalizing the software application to line up with our existing infrastructure proved to be more intricate than prepared for, resulting in hold-ups in the preliminary rollout.
The extensive features offered by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be excessively expensive. As a global company, we had to carefully weigh the requirement for innovative performance against budget plan constraints.
Assistance Response Time:
On occasion, our teams experienced concerns that required immediate help. However, the reaction time from Papaya Global’s client assistance group was not always as timely as we would have liked, resulting in delays in dealing with those concerns.
Our application of included a phased approach. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to determine and attend to integration challenges early on. As the software application became more ingrained in our operations, we slowly broadened its use to cover our entire international workforce.
The automated functions streamlined our payroll procedures, minimizing the time spent on manual calculations and compliance tracking. Routine training sessions and continuous support from Papaya helped our groups become proficient users of the software, optimizing its capacity for our organization.
However, paying a labor force can be intricate. It is especially challenging for companies who use personnel across numerous nations, as they must constantly combine different data streams, by hand track regional and national labor and policies, and spend important time and resources to establish regional entities in brand-new areas. These business are faced with suboptimal, pricey choices, like opening a foreign subsidiary or employing an expert employment company, which is a regional company that hires staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
uses a service supporting all forms of work. It supplies an end-to-end platform, from staff member onboarding and ongoing management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, provides management of work 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 expert in payroll and workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to receive your credits if you have any questions during the webcast please click 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 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 enjoyed have you here as we embark on a journey of data to guideline attaining
360 degree worker compliance where we’ll dive into the important aspects of the staff member compliance management design throughout the session we’ll explore real world obstacles real regional policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your organization and staff members while remaining compliant in an
Ever developing regulative environment in the everchanging world of company and financing guaranteeing compliance with payroll guidelines is not just vital however also a legal essential from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching consequences however with a much deeper more nuanced understanding of their responsibilities companies can not just browse the complex landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re a skilled P expert a small company owner or someone new to the field what I would like to do before we begin and I believe it’s actually crucial
In our quest to enhance performance and precision in handling our global workforce, our multinational corporation turned to, a leading and workforce management software. The shift aimed to simplify the complex task of handling across different nations, currencies, and compliance regulations.