The COVID-19 pandemic, integrated with developments in business connectivity software application… P11D Through Papaya Global …
insights are valuable to us and and your fellow guests so first things initially though um let’s be familiar with everyone my name is Ian Charles and I’ve 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 organizations start-up to matrixed environments across the globe I supplied management and strategy to populations of more than 100,000 workers on a regular 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 Business clients and services and acting as an advisor I wish to present our very first Greg um visitor 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 corporate counsil at bambo HR so I lead our internal legal group and in fact work extremely closely with our um HR department as well 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 say our objective is to set you as HR specialists complimentary to do great
Although Papaya Global offers integrations with numerous HR and finance systems, we encountered some obstacles during the integration procedure. Tailoring the software to line up with our existing infrastructure showed to be more complex than prepared for, resulting in delays in the initial rollout.
The substantial functions used by Papaya Global come at a cost, which a few of our smaller sized subsidiaries discovered to be prohibitively pricey. As an international organization, we had to thoroughly weigh the requirement for innovative performance against spending plan restraints.
Support Action Time:
On occasion, our groups experienced problems that needed immediate support. However, the reaction time from Papaya Global’s customer support group was not constantly as prompt as we would have liked, leading to hold-ups in resolving those issues.
Our application of included a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to recognize and address integration challenges early on. As the software became more implanted in our operations, we slowly expanded its use to cover our whole international labor force.
The automated functions structured our payroll processes, minimizing the time spent on manual estimations and compliance tracking. Routine training sessions and ongoing support from Papaya assisted our groups become proficient users of the software application, optimizing its potential for our company.
Business that staff member workers across multiple nations typically face intricate difficulties when it concerns handling their workforce. Among the greatest difficulties is combining different information streams and adhering to varied regional and nationwide labor guidelines, which can be both time-consuming and costly. Furthermore, establishing regional entities in new areas can be a pricey and suboptimal option, with options such as opening a foreign subsidiary or working with a professional work company (PEO) frequently charging up to 15% of the payroll. These challenges have resulted in a significant boost in problem hiring qualified workers, with 75% of employers reporting this problem in 2022, a 21% boost from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
provides a solution supporting all forms of employment. It offers an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps 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. A business owner with 15 years of experience, she is a leading specialist in payroll and workforce management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the total 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 new tab will open in your web browser with the webcast survey please make sure to finish 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 hi and thank you for joining us today we’re enjoyed have you here as we start a journey of data to policy achieving
360 degree worker compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll explore real life difficulties genuine regional regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your company and workers while staying compliant in an
Ever evolving regulative environment in the everchanging world of business and financing guaranteeing compliance with payroll guidelines is not just crucial but likewise a legal essential from the minute of working with 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 however with a much deeper more nuanced understanding of their commitments companies can not only browse the complex landscape however also proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools necessary to navigate the complex Terrain of compliance whether you’re a seasoned P specialist a small company owner or somebody new to the field what I wish to do before we start and I believe it’s really essential
In our quest to boost effectiveness and accuracy in handling our worldwide labor force, our multinational corporation turned to, a leading and workforce management software application. The transition intended to simplify the complex job of handling across different countries, currencies, and compliance policies.