The COVID-19 pandemic, integrated with advancements in enterprise connection software… Papaya Global Lithuania …
insights are important to us and and your fellow attendees so first things initially though um let’s get to know everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had functions in all sort of Industries retail and Beauty to Aerospace in all types of businesses startup to matrixed environments around the world I provided management and method to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout the business male maning and constructing external relationships supporting Enterprise customers and solutions and acting as a consultant I wish to present our first Greg um visitor Greg who will kick things off by telling 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 corporate counsil at bambo HR so I lead our internal legal team and actually work extremely closely with our um HR department too to handle various legal and HR matters that turn up so truly 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 complimentary to do excellent
Although Papaya Global provides integrations with numerous HR and finance systems, we encountered some hurdles during the integration process. Personalizing the software to align with our existing infrastructure showed 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 some of our smaller subsidiaries discovered to be prohibitively pricey. As a global company, we needed to thoroughly weigh the need for innovative performance versus spending plan restrictions.
Support Reaction Time:
On occasion, our groups experienced concerns that required urgent help. However, the response time from Papaya Global’s client assistance team was not constantly as prompt as we would have liked, resulting in delays in solving those concerns.
Our implementation of included a phased method. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to recognize and address combination obstacles early on. As the software became more ingrained in our operations, we slowly broadened its use to cover our whole global labor force.
The automated features structured our payroll processes, lowering the time invested in manual estimations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our groups become skilled users of the software, optimizing its capacity for our company.
However, paying a labor force can be complex. It is especially challenging for companies who use personnel across numerous countries, as they need to continuously consolidate different data streams, manually track regional and national labor and guidelines, and spend valuable time and resources to establish regional entities in brand-new areas. These companies are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or hiring an expert work company, which is a regional firm that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem recruiting 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 an option supporting all types of employment. It provides an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, and guarantees information personal 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 international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to receive your credits if you have any concerns throughout 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 study please make sure to finish 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 enjoyed have you here as we embark on a journey of data to regulation attaining
360 degree staff member compliance where we’ll dive into the necessary elements of the staff member compliance management model throughout the session we’ll check out real world difficulties real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and workers while remaining compliant in an
Ever evolving regulatory environment in the everchanging world of company and financing ensuring compliance with payroll policies is not only important however also a legal imperative from the minute of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their obligations organizations can not only navigate the complex landscape but also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed 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 would like to do before we begin and I believe it’s really essential
In our mission to improve efficiency and precision in handling our international labor force, our international corporation turned to, a leading and workforce management software. The shift intended to simplify the complex job of managing across various countries, currencies, and compliance policies.