P11D Papaya Global 2024 – All You Need To Know

The COVID-19 pandemic, integrated with developments in business connection software… P11D Papaya Global …

insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Appeal to Aerospace in all kinds of businesses start-up to matrixed environments across the globe I offered leadership and strategy 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

Global I work throughout business male maning and building external relationships supporting Enterprise customers and solutions and acting as a consultant I ‘d like to present our very first Greg um guest Greg who will kick things off by telling 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 team and actually work very closely with our um HR department also to manage different legal and HR matters that come 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 objective is to set you as HR specialists complimentary to do terrific

Application Obstacles:
Although Papaya Global supplies integrations with numerous HR and finance systems, we came across some difficulties throughout the integration process. Customizing the software to line up with our existing facilities proved to be more complex than prepared for, resulting in hold-ups in the preliminary rollout.

Prices Issues:
The substantial features used by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be excessively expensive. As a global company, we had to thoroughly weigh the requirement for innovative performance against budget restrictions.

Support Response Time:
On occasion, our teams experienced issues that needed immediate help. Nevertheless, the response time from Papaya Global’s consumer assistance group was not always as timely as we would have liked, causing hold-ups in dealing with those issues.

Our application of involved a phased technique. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to determine and deal with combination obstacles early on. As the software application ended up being more instilled in our operations, we gradually expanded its usage to cover our entire international workforce.

The automated functions streamlined our payroll processes, lowering the time spent on manual calculations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our teams become proficient users of the software application, optimizing its capacity for our company.

However, paying a labor force can be complicated. It is particularly challenging for business who use personnel across several nations, as they must constantly consolidate different data streams, by hand track regional and national labor and guidelines, and invest valuable time and resources to set up local entities in brand-new areas. These business are confronted with suboptimal, pricey options, like opening a foreign subsidiary or hiring an expert work 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 qualified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.

offers an option supporting all forms of work. It provides 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 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 labor force management. She co-founded after seeing the innovation space in worldwide.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend the complete webcast in order to receive your credits if you have any concerns 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 web browser with the webcast study please make certain to finish it as soon 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 enjoyed have you here as we start a journey of information to guideline accomplishing

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 difficulties genuine regional policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to safeguard your company and staff members while remaining certified in an

Ever progressing regulatory environment in the everchanging world of organization and financing ensuring compliance with payroll regulations is not just vital but likewise a legal essential from the moment of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching effects nevertheless with a much deeper more nuanced understanding of their commitments companies can not just browse the complex landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools essential to navigate the complex Surface of compliance whether you’re an experienced P expert a small company owner or someone new to the field what I want to do before we begin and I think it’s truly crucial

In our mission to improve effectiveness and accuracy in handling our international labor force, our multinational corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex job of handling across different nations, currencies, and compliance policies.