The COVID-19 pandemic, combined with developments in enterprise connectivity software application… Papaya Global Calendar 19/20 …
insights are valuable to us and and your fellow attendees so first things first though um let’s be familiar with everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had functions in all type of Industries retail and Beauty to Aerospace in all kinds of companies start-up to matrixed environments across the globe I supplied management and strategy to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business guy maning and building external relationships supporting Enterprise customers and options and acting as a consultant I want to introduce our first Greg um guest Greg who will kick things off by informing 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 corporate counsil at bambo HR so I lead our in-house legal group and really work extremely carefully with our um HR department as well to deal with different 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 say our mission is to set you as HR experts complimentary to do excellent
Although Papaya Global offers integrations with various HR and finance systems, we encountered some obstacles throughout the integration process. Tailoring the software to align with our existing facilities proved to be more complex than expected, leading to delays in the preliminary rollout.
The comprehensive features used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be excessively costly. As an international company, we needed to thoroughly weigh the need for advanced performance against budget plan restrictions.
Support Response Time:
On occasion, our groups experienced concerns that required urgent support. Nevertheless, the response time from Papaya Global’s consumer assistance group was not constantly as timely as we would have liked, leading to hold-ups in dealing with those issues.
Our implementation of involved a phased approach. We started by onboarding a couple of 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 application became more implanted in our operations, we gradually expanded its usage to cover our entire global labor force.
The automated features structured our payroll processes, decreasing the time spent on manual calculations and compliance tracking. Routine training sessions and continuous support from Papaya helped our teams become skilled users of the software, maximizing its capacity for our company.
Nevertheless, paying a labor force can be complex. It is particularly challenging for companies who utilize staff throughout numerous nations, as they should continuously combine different information streams, by hand track local and national labor and regulations, and invest valuable time and resources to establish local entities in brand-new areas. These companies are confronted with suboptimal, expensive alternatives, like opening a foreign subsidiary or working with a professional work organization, which is a local company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem hiring qualified personnel, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
provides 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 assists companies with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and guarantees information 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 innovation gap in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to receive your credits if you have any concerns 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 internet browser with the webcast survey please make certain to complete it as quickly as the webcast has actually 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 guideline attaining
360 degree staff member compliance where we’ll dive into the essential aspects of the employee compliance management model throughout the session we’ll explore real life difficulties genuine local regulations finest 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 workers while staying certified in an
Ever evolving regulative environment in the everchanging world of business and financing making sure compliance with payroll guidelines is not only important however likewise a legal crucial from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their commitments companies can not just navigate the intricate landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the understanding and tools required to navigate the complex Terrain of compliance whether you’re an experienced P expert a small company owner or someone brand-new to the field what I wish to do before we begin and I think it’s truly essential
In our mission to boost performance and precision in handling our global workforce, our international corporation turned to, a leading and workforce management software. The transition intended to streamline the complex task of managing throughout numerous countries, currencies, and compliance policies.