The COVID-19 pandemic, combined with developments in enterprise connectivity software… Markmckee Papaya Global …
insights are valuable to us and and your fellow attendees 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 have actually had roles in all type of Industries retail and Appeal to Aerospace in all types of services start-up to matrixed environments around the world I offered leadership and method to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across the business male maning and building external relationships supporting Business clients and options and serving as a consultant I wish to present our first Greg um guest 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 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 in fact work really closely with our um HR department as well to deal with different legal and HR matters that turn up so really 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 complimentary to do fantastic
Although Papaya Global offers combinations with numerous HR and finance systems, we experienced some hurdles during the integration process. Personalizing the software application to align with our existing infrastructure showed to be more complicated than anticipated, leading to delays in the preliminary rollout.
The extensive features used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively pricey. As a worldwide company, we had to thoroughly weigh the requirement for sophisticated functionality versus budget restraints.
Assistance Response Time:
On occasion, our groups experienced problems that needed urgent assistance. However, the reaction time from Papaya Global’s customer assistance team was not always as prompt as we would have liked, causing hold-ups in resolving those concerns.
Our implementation of included a phased technique. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to recognize and attend to integration obstacles early on. As the software became more ingrained in our operations, we gradually broadened its usage to cover our entire worldwide workforce.
The automated functions structured our payroll processes, reducing the time invested in manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our teams become skilled users of the software, optimizing its potential for our company.
Nevertheless, paying a labor force can be intricate. It is particularly challenging for business who utilize personnel across numerous countries, as they must constantly combine different data streams, manually track local and nationwide labor and guidelines, and spend valuable time and resources to establish local entities in brand-new locations. These business are faced with suboptimal, costly options, like opening a foreign subsidiary or employing an expert employment company, which is a local company that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem recruiting qualified workers, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers a solution supporting all forms of work. 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 operate, provides management of employment benefits, 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 professional in payroll and workforce management. She co-founded after seeing the technology space in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to attend the complete webcast in order to get your credits if you have any questions throughout the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your internet browser with the webcast study please make certain 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 discussion hello 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 necessary aspects of the staff member compliance management model throughout the session we’ll explore real world obstacles genuine local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your company and employees while staying compliant in an
Ever progressing regulative environment in the everchanging world of service and finance guaranteeing compliance with payroll regulations is not just important but likewise a legal necessary from the minute of hiring to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance risks that have significant repercussions however with a much deeper more nuanced understanding of their commitments organizations can not just navigate the complex landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools essential to navigate the complex Surface of compliance whether you’re a skilled P expert a small business owner or someone brand-new to the field what I would like to do before we start and I believe it’s truly crucial
In our quest to enhance performance and precision in managing our global workforce, our international corporation turned to, a leading and workforce management software. The transition intended to streamline the complex task of managing across various countries, currencies, and compliance policies.