The COVID-19 pandemic, integrated with improvements in business connectivity software application… Papaya Global And Covid 19 …
insights are valuable to us and and your fellow participants so first things initially though um let’s get to know everyone my name is Ian Charles and I have actually 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 businesses startup to matrixed environments around the world I offered leadership and method to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout business guy maning and developing external relationships supporting Business clients and services and serving as an advisor I want 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and in fact work really carefully with our um HR department also to handle various legal and HR matters that show up so truly excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our objective is to set you as HR professionals totally free to do terrific
Although Papaya Global offers combinations with numerous HR and finance systems, we encountered some difficulties during the integration process. Customizing the software application to line up with our existing facilities proved to be more intricate than prepared for, resulting in hold-ups in the initial rollout.
The comprehensive features offered by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively expensive. As a worldwide company, we needed to thoroughly weigh the requirement for innovative functionality against budget plan restraints.
Assistance Response Time:
On occasion, our groups experienced problems that needed immediate help. Nevertheless, the reaction time from Papaya Global’s customer assistance group was not always as prompt as we would have liked, causing delays in fixing those issues.
Our application of included a phased approach. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to determine and address integration obstacles early on. As the software became more ingrained in our operations, we slowly expanded its use to cover our whole global labor force.
The automated features streamlined our payroll processes, lowering the time spent on manual computations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our groups end up being competent users of the software, maximizing its potential for our organization.
Business that worker workers throughout numerous countries often face complex difficulties when it pertains to handling their workforce. Among the most significant obstacles is consolidating various information streams and sticking to varied regional and nationwide labor regulations, which can be both time-consuming and pricey. Moreover, setting up local entities in new areas can be a costly and suboptimal option, with options such as opening a foreign subsidiary or employing a professional work company (PEO) frequently charging up to 15% of the payroll. These difficulties have led to a significant increase in difficulty recruiting certified personnel, with 75% of companies reporting this problem in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
offers a service supporting all forms of employment. It supplies an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and makes sure information 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 space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to go to the total webcast in order to get your credits if you have any questions during the webcast please click on 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 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 discussion hi and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to guideline accomplishing
360 degree employee compliance where we’ll dive into the essential aspects of the staff member compliance management model throughout the session we’ll check out real world difficulties real local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and staff members while staying certified in an
Ever progressing regulative environment in the everchanging world of service and finance guaranteeing compliance with payroll regulations is not just crucial but also a legal essential from the moment of working with to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching effects however with a much deeper more nuanced understanding of their obligations companies can not just navigate the detailed landscape but 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 professional a small business owner or somebody brand-new to the field what I want to do before we begin and I believe it’s really essential
In our mission to enhance performance and precision in handling our international workforce, our multinational corporation turned to, a leading and labor force management software application. The shift aimed to simplify the complex task of managing throughout numerous nations, currencies, and compliance policies.