The COVID-19 pandemic, combined with developments in enterprise connectivity software application… Leveraging Papaya Global Hr Software For Cost Savings …
insights are valuable to us and and your fellow guests so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had functions in all type of Industries retail and Charm to Aerospace in all types of companies startup to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 workers on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Global I work throughout business male maning and building external relationships supporting Business clients and options and acting as a consultant I want to present our very first Greg um visitor Greg who will kick things off by telling 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 business counsil at bambo HR so I lead our internal legal team and really work really carefully with our um HR department also to manage numerous legal and HR matters that show up so truly thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our objective is to set you as HR professionals free to do terrific
Although Papaya Global supplies integrations with numerous HR and financing systems, we experienced some obstacles throughout the integration procedure. Personalizing the software application to line up with our existing facilities showed to be more complicated than anticipated, leading to hold-ups in the initial rollout.
The extensive functions used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be prohibitively costly. As an international organization, we had to thoroughly weigh the requirement for innovative functionality versus spending plan restraints.
Support Action Time:
On occasion, our teams experienced problems that needed urgent help. However, the action time from Papaya Global’s client assistance group was not always as prompt as we would have liked, leading to hold-ups in dealing with those issues.
Our implementation of involved a phased technique. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to identify and deal with combination difficulties early on. As the software application became more instilled in our operations, we gradually broadened its usage to cover our entire global workforce.
The automated functions structured our payroll procedures, reducing the time invested in manual estimations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our teams become proficient users of the software, maximizing its potential for our company.
Business that employee workers throughout numerous nations typically face complex obstacles when it pertains to managing their workforce. Among the greatest obstacles is combining different information streams and adhering to varied local and nationwide labor regulations, which can be both lengthy and expensive. Moreover, establishing regional entities in brand-new regions can be an expensive and suboptimal choice, with options such as opening a foreign subsidiary or hiring an expert employment organization (PEO) often charging up to 15% of the payroll. These challenges have caused a substantial increase in trouble hiring qualified workers, with 75% of employers reporting this concern in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
offers a service supporting all forms of work. It offers an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, and guarantees data personal 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 gap in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the complete webcast in order to get 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 browser with the webcast study please be sure 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 presentation hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to guideline achieving
360 degree employee compliance where we’ll dive into the important aspects of the employee compliance management design throughout the session we’ll explore real world difficulties real local policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your company and employees while remaining certified in an
Ever developing regulatory environment in the everchanging world of company and financing making sure compliance with payroll guidelines is not only important but likewise a legal essential from the moment of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance dangers that have significant repercussions however with a deeper more nuanced understanding of their commitments organizations can not only navigate the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools essential to navigate the complex Surface of compliance whether you’re a skilled P specialist a small company owner or someone new to the field what I would like to do before we start and I think it’s truly important
In our quest to enhance efficiency and accuracy in managing our international labor force, our multinational corporation turned to, a leading and labor force management software. The shift intended to streamline the complex job of managing across numerous countries, currencies, and compliance guidelines.