The COVID-19 pandemic, combined with advancements in enterprise connection software… Papaya Global Clients …
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’ve operated in payroll for the last 25 years I’ve had roles in all type of Industries retail and Charm to Aerospace in all kinds of businesses start-up to matrixed environments around the world I supplied leadership and technique to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work throughout the business guy maning and constructing external relationships supporting Enterprise clients and services and functioning as a consultant 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 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 extremely closely with our um HR department also to deal with numerous legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our mission is to set you as HR specialists free to do fantastic
Although Papaya Global offers combinations with numerous HR and finance systems, we encountered some hurdles throughout the integration process. Customizing the software application to line up with our existing infrastructure showed to be more complicated than anticipated, leading to delays in the initial rollout.
The comprehensive functions offered by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be excessively expensive. As a global organization, we needed to carefully weigh the need for sophisticated performance against spending plan restraints.
Support Action Time:
On occasion, our groups experienced issues that needed immediate assistance. Nevertheless, the response time from Papaya Global’s consumer assistance group was not constantly as timely as we would have liked, leading to delays in dealing with those problems.
Our implementation of included a phased technique. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to identify and deal with combination challenges early on. As the software application ended up being more ingrained in our operations, we gradually expanded its usage to cover our whole global labor force.
The automated features structured our payroll procedures, reducing the time spent on manual computations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our teams become competent users of the software application, maximizing its capacity for our organization.
However, paying a labor force can be complex. It is especially challenging for business who utilize staff throughout numerous countries, as they should constantly combine various information streams, manually track regional and nationwide labor and regulations, and spend important time and resources to set up local entities in new areas. These companies are faced with suboptimal, pricey choices, like opening a foreign subsidiary or employing a professional employment company, which is a local firm that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring qualified personnel, 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.
uses an option supporting all forms of employment. 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 operate, offers management of employment benefits, and guarantees 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 professional in payroll and workforce management. She co-founded after seeing the innovation gap in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the total webcast in order to receive your credits if you have any questions throughout the webcast please click 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 study please make certain to complete 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 embark on a journey of data to regulation achieving
360 degree staff member compliance where we’ll dive into the important elements of the staff member compliance management model throughout the session we’ll check out real world challenges real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your organization and staff members while staying certified in an
Ever evolving regulatory environment in the everchanging world of company and finance making sure compliance with payroll policies is not only vital however also a legal crucial from the moment of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant consequences however with a much deeper more nuanced understanding of their commitments companies can not just navigate the elaborate landscape however also proactively ensure this 360 degree compliance the webinar is developed to equip you with the understanding and tools necessary to browse the complex Terrain of compliance whether you’re a seasoned P professional a small company owner or somebody new to the field what I wish to do before we begin and I think it’s really essential
In our quest to boost efficiency and accuracy in handling our global workforce, our multinational corporation turned to, a leading and labor force management software application. The transition aimed to simplify the complex job of managing throughout different countries, currencies, and compliance policies.