The COVID-19 pandemic, integrated with improvements in enterprise connectivity software application… Papaya Global Cambodia …
insights are important to us and and your fellow participants so first things initially though um let’s get to know everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Beauty to Aerospace in all kinds of companies start-up to matrixed environments around the world I supplied management and method to populations of more than 100,000 staff members on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business male maning and constructing external relationships supporting Business clients and options and acting as an advisor I ‘d like to present our very first Greg um visitor 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 corporate counsil at bambo HR so I lead our in-house legal group and actually work very closely with our um HR department also to deal with different legal and HR matters that turn up so actually excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR experts totally free to do great
Although Papaya Global provides combinations with numerous HR and financing systems, we came across some obstacles throughout the integration process. Customizing the software application to line up with our existing infrastructure proved to be more complex than prepared for, leading to delays in the preliminary rollout.
The substantial features provided by Papaya Global come at an expense, which a few of our smaller subsidiaries discovered to be excessively expensive. As a global company, we had to carefully weigh the requirement for innovative performance versus budget constraints.
Support Reaction Time:
On occasion, our teams experienced problems that required urgent assistance. Nevertheless, the response time from Papaya Global’s client support group was not constantly as timely as we would have liked, causing hold-ups in fixing those problems.
Our application of involved a phased technique. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This permitted us to determine and resolve integration challenges early on. As the software application ended up being more ingrained in our operations, we gradually broadened its use to cover our entire worldwide labor force.
The automated features streamlined our payroll processes, lowering the time spent on manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our teams end up being skilled users of the software, optimizing its capacity for our organization.
However, paying a labor force can be complex. It is especially challenging for business who use staff across multiple countries, as they should constantly consolidate various information streams, by hand track regional and national labor and policies, and spend important time and resources to establish local entities in new locations. These companies are faced with suboptimal, expensive alternatives, like opening a foreign subsidiary or employing a professional work organization, which is a local company that hires staff members on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem recruiting certified workers, a boost of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers a service supporting all types of employment. It offers an end-to-end platform, from worker 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 advantages, 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 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 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 web browser with the webcast survey 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 enjoyed have you here as we embark on a journey of information to regulation attaining
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 obstacles real regional regulations best 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 staying compliant in an
Ever progressing regulative environment in the everchanging world of organization and financing making sure compliance with payroll guidelines is not just crucial but likewise a legal necessary from the moment of working with to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant repercussions nevertheless with a deeper more nuanced understanding of their commitments organizations can not just navigate the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools required to navigate the complex Surface of compliance whether you’re a skilled P specialist a small business owner or someone brand-new to the field what I wish to do before we start and I believe it’s really important
In our mission to improve effectiveness and accuracy in handling our global workforce, our international corporation turned to, a leading and workforce management software. The shift intended to simplify the complex job of handling throughout numerous countries, currencies, and compliance regulations.