The COVID-19 pandemic, combined with improvements in business connectivity software application… Papaya Global Or Gusto …
insights are important to us and and your fellow participants so first things initially 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 have actually had roles in all kind of Industries retail and Appeal to Aerospace in all types of services start-up to matrixed environments across the globe I offered management and strategy to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business guy maning and constructing external relationships supporting Enterprise customers and services and serving as a consultant I ‘d like to present our very first Greg um guest Greg who will kick things off by informing us um who he is and a 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 internal legal team and really work really closely with our um HR department too to manage various legal and HR matters that turn up so truly thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR specialists totally free to do excellent
Although Papaya Global provides integrations with different HR and financing systems, we came across some hurdles throughout the integration process. Customizing the software application to align with our existing infrastructure proved to be more complex than expected, resulting in hold-ups in the initial rollout.
The substantial functions used by Papaya Global come at an expense, which some of our smaller subsidiaries discovered to be prohibitively costly. As a worldwide organization, we needed to thoroughly weigh the requirement for sophisticated functionality against spending plan restraints.
Assistance Response Time:
On occasion, our groups experienced concerns that required urgent support. Nevertheless, the action time from Papaya Global’s client support group was not constantly as prompt as we would have liked, leading to delays in solving those concerns.
Our implementation of included a phased approach. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This allowed us to recognize and resolve combination challenges early on. As the software ended up being more implanted in our operations, we gradually expanded its use to cover our entire worldwide labor force.
The automated features structured our payroll procedures, lowering the time spent on manual estimations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our teams become skilled users of the software application, maximizing its potential for our organization.
Business that worker workers throughout multiple countries typically face elaborate obstacles when it pertains to handling their workforce. Among the biggest hurdles is combining various information streams and sticking to varied regional and nationwide labor policies, which can be both time-consuming and expensive. Moreover, setting up regional entities in new areas can be a pricey and suboptimal choice, with alternatives such as opening a foreign subsidiary or working with an expert work company (PEO) frequently charging up to 15% of the payroll. These obstacles have caused a significant increase in problem hiring qualified personnel, with 75% of employers reporting this issue in 2022, a 21% increase from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
offers a solution supporting all forms of employment. It provides an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, uses management of employment advantages, and makes sure data 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 expert in payroll and workforce management. She co-founded after seeing the innovation space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend the total webcast in order to get your credits if you have any questions during 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 study 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 thrilled to have you here as we start a journey of information to regulation accomplishing
360 degree employee compliance where we’ll dive into the important elements of the worker compliance management model throughout the session we’ll check out real world obstacles genuine local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your company and workers while staying compliant in an
Ever progressing regulatory environment in the everchanging world of service and finance ensuring compliance with payroll regulations is not only essential but also a legal necessary from the minute of employing to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance risks that have significant repercussions however with a much deeper more nuanced understanding of their responsibilities organizations can not only navigate the elaborate landscape however also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to navigate the complex Terrain of compliance whether you’re an experienced P professional a small business owner or somebody brand-new to the field what I want to do before we begin and I think it’s actually important
In our mission to enhance performance and precision in managing our international labor force, our international corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex task of handling across numerous countries, currencies, and compliance regulations.