The COVID-19 pandemic, combined with advancements in business connectivity software… Papaya Global Colombia …
insights are valuable to us and and your fellow guests so first things first though um let’s learn more about everyone 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 Appeal to Aerospace in all kinds of organizations startup to matrixed environments around the world I provided leadership and method to populations of more than 100,000 staff members on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work throughout the business man maning and developing external relationships supporting Enterprise clients and services and acting as an advisor I ‘d like to introduce our first Greg um guest Greg who will kick things off by informing 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 business counsil at bambo HR so I lead our in-house legal team and really work very carefully with our um HR department too to deal with different legal and HR matters that show up so truly delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our mission is to set you as HR specialists complimentary to do terrific
Although Papaya Global provides integrations with numerous HR and financing systems, we encountered some obstacles during the integration process. Tailoring the software application to align with our existing infrastructure showed to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
The comprehensive features provided by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively pricey. As an international company, we needed to thoroughly weigh the need for advanced functionality against budget constraints.
Support Response Time:
On occasion, our teams experienced problems that required urgent help. However, the action time from Papaya Global’s consumer support group was not always as timely as we would have liked, causing hold-ups in dealing with those problems.
Our execution of included a phased technique. We began by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to identify and deal with combination obstacles early on. As the software application ended up being more instilled in our operations, we slowly broadened its use to cover our entire international workforce.
The automated features streamlined our payroll procedures, minimizing the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our teams become skilled users of the software, maximizing its potential for our organization.
However, paying a workforce can be complex. It is particularly challenging for companies who utilize personnel across several nations, as they should continuously combine various data streams, by hand track local and national labor and regulations, and spend important time and resources to establish regional entities in brand-new locations. These companies are faced with suboptimal, expensive choices, like opening a foreign subsidiary or employing an expert employment organization, which is a regional company that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble hiring certified workers, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
provides a service supporting all forms of employment. It offers an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides 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 specialist in payroll and workforce management. She co-founded after seeing the innovation gap in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to attend the total 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 be sure 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 hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to regulation accomplishing
360 degree worker 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 challenges genuine local policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and staff members while staying certified in an
Ever evolving regulative environment in the everchanging world of company and financing ensuring compliance with payroll guidelines is not just vital however likewise a legal important from the minute of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance threats that have significant consequences nevertheless with a much deeper more nuanced understanding of their commitments companies can not only navigate the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re a seasoned P professional a small business owner or somebody brand-new to the field what I wish to do before we begin and I believe it’s actually important
In our quest to enhance performance and precision in managing our international workforce, our international corporation turned to, a leading and labor force management software application. The shift intended to streamline the complex task of managing throughout various nations, currencies, and compliance guidelines.