The COVID-19 pandemic, combined with improvements in enterprise connection software application… Papaya Global Mexico …
insights are valuable to us and and your fellow guests so first things initially 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 Beauty to Aerospace in all types of services startup to matrixed environments around the world I supplied management and method to populations of more than 100,000 employees on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business guy maning and developing external relationships supporting Enterprise clients and services and functioning as a consultant I ‘d like to present our very first Greg um guest 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 group and really work extremely closely with our um HR department also to deal with numerous legal and HR matters that come up so actually excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR specialists free to do terrific
Although Papaya Global provides integrations with different HR and financing systems, we experienced some hurdles during the integration process. Tailoring the software to line up with our existing infrastructure proved to be more complicated than anticipated, resulting in hold-ups in the initial rollout.
The comprehensive functions used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be excessively pricey. As a global company, we had to carefully weigh the need for sophisticated performance against spending plan restrictions.
Support Response Time:
On occasion, our groups experienced issues that required immediate help. However, the action time from Papaya Global’s consumer assistance team was not constantly as prompt as we would have liked, causing hold-ups in solving those problems.
Our implementation 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 determine and resolve integration difficulties early on. As the software application ended up being more instilled in our operations, we slowly broadened its usage to cover our whole worldwide labor force.
The automated features streamlined our payroll processes, decreasing the time invested in manual estimations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our groups become skilled users of the software application, maximizing its capacity for our company.
However, paying a labor force can be complicated. It is particularly challenging for companies who use staff throughout multiple nations, as they must constantly consolidate different information streams, manually track local and national labor and regulations, and spend valuable time and resources to set up regional entities in brand-new areas. These companies are confronted with suboptimal, expensive options, like opening a foreign subsidiary or working with a professional work organization, which is a local company that works with staff members on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty recruiting qualified workers, an increase 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.
provides a solution supporting all forms of employment. It supplies an end-to-end platform, from staff member onboarding and continuous management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, offers management of employment benefits, and ensures data personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and workforce management. She co-founded after seeing the technology space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to get 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 web browser with the webcast survey please make certain to complete it as quickly as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hi and thank you for joining us today we’re thrilled to have you here as we start a journey of information to policy attaining
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 challenges real regional policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your organization and employees while remaining certified in an
Ever evolving regulatory environment in the everchanging world of company and financing guaranteeing compliance with payroll regulations is not just important however likewise a legal necessary from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have significant effects nevertheless with a much deeper more nuanced understanding of their obligations organizations can not just navigate the intricate landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools necessary to browse the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone new to the field what I wish to do before we start and I think it’s actually essential
In our quest to improve effectiveness and accuracy in handling our worldwide workforce, our multinational corporation turned to, a leading and workforce management software application. The shift intended to streamline the complex job of managing throughout numerous nations, currencies, and compliance policies.