Papaya Global Q&A 2024 – All You Need To Know

The COVID-19 pandemic, combined with developments in enterprise connectivity software… Papaya Global Q&A …

insights are important to us and and your fellow guests so first things first though um let’s learn more about 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 Beauty to Aerospace in all kinds of businesses start-up to matrixed environments around the world I provided leadership and technique to populations of more than 100,000 staff members on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya

Worldwide I work across business guy maning and building external relationships supporting Business clients and solutions and acting as a consultant I ‘d like to present our first Greg um visitor 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 corporate counsil at bambo HR so I lead our in-house legal team and actually work very carefully with our um HR department also to manage various legal and HR matters that come 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 objective is to set you as HR experts totally free to do fantastic

Application Challenges:
Although Papaya Global supplies integrations with numerous HR and financing systems, we encountered some obstacles during the combination process. Tailoring the software application to line up with our existing facilities proved to be more intricate than expected, leading to delays in the preliminary rollout.

Pricing Concerns:
The substantial functions used by Papaya Global come at a cost, which some of our smaller subsidiaries found to be excessively expensive. As a worldwide organization, we needed to carefully weigh the need for sophisticated performance against spending plan restrictions.

Support Action Time:
On occasion, our groups experienced problems that needed immediate help. However, the reaction time from Papaya Global’s consumer support group was not constantly as prompt as we would have liked, causing delays in dealing with those problems.

Our application of involved a phased technique. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This allowed us to determine and address combination difficulties early on. As the software application became more instilled in our operations, we slowly expanded its use to cover our entire global workforce.

The automated functions streamlined our payroll procedures, reducing the time spent on manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our groups become proficient users of the software application, optimizing its capacity for our company.

Business that staff member workers across numerous nations often face elaborate difficulties when it concerns managing their workforce. One of the biggest obstacles is combining various information streams and sticking to diverse local and national labor policies, which can be both lengthy and costly. Additionally, establishing local entities in brand-new regions can be a pricey and suboptimal option, with alternatives such as opening a foreign subsidiary or working with a professional employment organization (PEO) typically charging up to 15% of the payroll. These challenges have resulted in a substantial boost in trouble hiring certified personnel, with 75% of employers reporting this problem in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.

uses a solution supporting all kinds of work. It supplies an end-to-end platform, from staff member onboarding and ongoing management to international payments and. It assists 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. An entrepreneur with 15 years of experience, she is a leading expert in payroll and labor force management. She co-founded after seeing the innovation space in worldwide.

papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend the complete webcast in order to receive your credits if you have any concerns during the webcast please click 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 survey 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 discussion hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to policy achieving

360 degree worker compliance where we’ll dive into the essential aspects of the employee compliance management design throughout the session we’ll explore real life obstacles genuine local policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and workers while staying certified in an

Ever developing regulative environment in the everchanging world of service and finance ensuring compliance with payroll guidelines is not just essential however also a legal imperative 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 risks that have far-reaching repercussions however with a deeper more nuanced understanding of their commitments organizations can not just navigate the elaborate landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re a skilled P professional a small company owner or someone brand-new to the field what I want to do before we begin and I think it’s truly crucial

In our mission to improve effectiveness and precision in managing our international workforce, our multinational corporation turned to, a leading and workforce management software. The transition intended to streamline the complex job of handling throughout numerous nations, currencies, and compliance regulations.