The COVID-19 pandemic, combined with advancements in business connectivity software application… Papaya Global Pricing …
insights are valuable 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’ve operated in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Charm to Aerospace in all kinds of services start-up to matrixed environments around the world I offered leadership and method 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
Worldwide I work throughout the business guy maning and developing external relationships supporting Enterprise clients and solutions and acting as a consultant I wish to present our very 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal team and in fact work extremely closely with our um HR department too to manage numerous legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our objective is to set you as HR specialists complimentary to do great
Although Papaya Global provides integrations with different HR and financing systems, we encountered some obstacles throughout the integration procedure. Tailoring the software application to align with our existing facilities proved to be more complex than prepared for, leading to delays in the initial rollout.
The comprehensive features used by Papaya Global come at a cost, which some of our smaller subsidiaries found to be excessively costly. As a worldwide organization, we had to thoroughly weigh the requirement for sophisticated functionality against budget constraints.
Assistance Action Time:
On occasion, our groups experienced issues that required immediate support. However, the reaction time from Papaya Global’s client assistance team was not always as prompt as we would have liked, causing hold-ups in solving those concerns.
Our application of involved a phased approach. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This enabled us to determine and attend to integration challenges early on. As the software application became more instilled in our operations, we gradually expanded its usage to cover our whole worldwide workforce.
The automated functions structured our payroll procedures, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups end up being skilled users of the software, optimizing its potential for our company.
Nevertheless, paying a labor force can be intricate. It is particularly challenging for companies who utilize personnel throughout numerous nations, as they must constantly combine different data streams, by hand track regional and nationwide labor and regulations, and invest important time and resources to establish local entities in brand-new locations. These business are confronted with suboptimal, costly options, like opening a foreign subsidiary or working with an expert work organization, which is a regional company that employs employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble recruiting certified workers, an increase of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
provides a solution supporting all types of work. It offers an end-to-end platform, from employee onboarding and continuous management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and ensures data privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading specialist 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 complete 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 new tab will open in your web browser with the webcast study please make certain 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 presentation hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline accomplishing
360 degree worker compliance where we’ll dive into the necessary elements of the employee compliance management model throughout the session we’ll check out real world difficulties 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 safeguard your organization and staff members while remaining certified in an
Ever evolving regulative environment in the everchanging world of business and finance making sure compliance with payroll guidelines is not only vital but also a legal necessary from the moment of employing to the in intri intricacies even sorry of termination every step along the staff member journey is Frau with compliance dangers that have significant repercussions however 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 designed to equip you with the understanding and tools required to browse the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone brand-new to the field what I would like to do before we start and I think it’s really important
In our quest to improve performance and precision in managing our international workforce, our multinational corporation turned to, a leading and labor force management software. The transition aimed to simplify the complex task of managing across various countries, currencies, and compliance policies.