The COVID-19 pandemic, combined with improvements in enterprise connection software… Papaya Global Cloud Version …
insights are valuable to us and and your fellow guests so first things first 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’ve had functions in all sort of Industries retail and Beauty to Aerospace in all kinds of companies start-up to matrixed environments across the globe I offered management 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
International I work throughout business man maning and constructing external relationships supporting Business customers and services and acting as a consultant I wish to present our first Greg um guest 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 internal legal team and really work extremely carefully with our um HR department also to manage various legal and HR matters that turn up so really 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 experts totally free to do excellent
Although Papaya Global provides integrations with numerous HR and finance systems, we came across some difficulties during the integration procedure. Tailoring the software application to align with our existing facilities showed to be more complicated than expected, leading to delays in the initial rollout.
The comprehensive functions offered by Papaya Global come at an expense, which a few of our smaller subsidiaries discovered to be excessively pricey. As a global organization, we had to thoroughly weigh the need for innovative functionality against budget restrictions.
Support Response Time:
On occasion, our teams experienced issues that needed urgent support. Nevertheless, the response time from Papaya Global’s customer support group was not always as prompt as we would have liked, causing delays in solving those concerns.
Our execution of involved a phased technique. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This permitted us to recognize and address integration obstacles early on. As the software ended up being more instilled in our operations, we gradually expanded its usage to cover our whole worldwide labor force.
The automated features streamlined our payroll processes, decreasing the time invested in manual calculations and compliance tracking. Routine training sessions and continuous support from Papaya assisted our teams end up being competent users of the software, optimizing its capacity for our company.
Nevertheless, paying a workforce can be complex. It is especially challenging for companies who employ staff throughout several countries, as they should continuously consolidate different data streams, by hand track regional and national labor and policies, and spend valuable time and resources to set up local entities in new areas. These companies are faced with suboptimal, expensive choices, like opening a foreign subsidiary or hiring a professional employment company, which is a regional company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble hiring qualified 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 forms of employment. It provides an end-to-end platform, from employee onboarding and continuous management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and makes sure 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 technology gap in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to receive your credits if you have any concerns 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 be sure to complete it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to guideline achieving
360 degree employee compliance where we’ll dive into the necessary aspects of the worker compliance management model throughout the session we’ll explore real life obstacles genuine regional policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and staff members while remaining certified in an
Ever developing regulative environment in the everchanging world of organization and finance making sure compliance with payroll guidelines is not just crucial however likewise a legal essential from the moment of working with to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance threats that have significant effects however with a much deeper more nuanced understanding of their commitments organizations can not only navigate the intricate landscape however also proactively ensure this 360 degree compliance the webinar is developed to equip you with the understanding and tools essential to browse the complex Terrain of compliance whether you’re a seasoned P professional a small company owner or someone brand-new to the field what I wish to do before we begin and I think it’s really important
In our mission to boost effectiveness and precision in handling our worldwide labor force, our multinational corporation turned to, a leading and labor force management software. The transition intended to streamline the complex job of managing across numerous countries, currencies, and compliance guidelines.