The COVID-19 pandemic, combined with advancements in enterprise connectivity software… Papaya Global Senegal …
insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Beauty to Aerospace in all kinds of organizations startup to matrixed environments around the world I offered leadership and technique to populations of more than 100,000 staff members on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business man maning and developing external relationships supporting Business clients and services and acting as an advisor I ‘d like to introduce our very first Greg um guest Greg who will kick things off by informing us um who he is and a little bit more about bamboo HR Greg over to you thanks Ian yeah as Ian said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal group and in fact work really carefully with our um HR department also to deal with various legal and HR matters that show up so truly thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our mission is to set you as HR specialists complimentary to do terrific
Although Papaya Global supplies integrations with numerous HR and finance systems, we experienced some difficulties during the combination process. Personalizing the software application to line up with our existing infrastructure showed to be more complicated than expected, leading to delays in the preliminary rollout.
The substantial functions offered by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively expensive. As a global organization, we needed to thoroughly weigh the requirement for sophisticated functionality against budget restraints.
Support Reaction Time:
On occasion, our groups experienced issues that needed immediate assistance. Nevertheless, the action time from Papaya Global’s customer support team was not constantly as timely as we would have liked, leading to delays in fixing those concerns.
Our implementation of included a phased technique. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to determine and deal with integration challenges early on. As the software application ended up being more ingrained in our operations, we gradually broadened its use to cover our whole global labor force.
The automated functions streamlined our payroll processes, reducing the time invested in manual estimations and compliance tracking. Routine training sessions and continuous support from Papaya helped our groups end up being competent users of the software application, maximizing its capacity for our company.
Business that worker workers across numerous nations frequently face detailed difficulties when it comes to handling their workforce. Among the most significant difficulties is combining numerous data streams and adhering to varied regional and nationwide labor guidelines, which can be both time-consuming and expensive. Furthermore, setting up local entities in new regions can be a costly and suboptimal option, with options such as opening a foreign subsidiary or hiring a professional employment organization (PEO) often charging up to 15% of the payroll. These difficulties have actually resulted in a substantial increase in problem recruiting certified personnel, with 75% of employers reporting this issue in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
offers a solution supporting all kinds of employment. It supplies an end-to-end platform, from employee onboarding and ongoing management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, provides management of work benefits, and guarantees data 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 technology space in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the total webcast in order to get your credits if you have any concerns throughout the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your internet browser with the webcast survey please be sure to finish it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hello and thank you for joining us today we’re enjoyed have you here as we start a journey of information to policy attaining
360 degree staff member compliance where we’ll dive into the necessary elements of the worker compliance management design throughout the session we’ll check out real world challenges genuine local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your organization and staff members while staying certified in an
Ever developing regulatory environment in the everchanging world of business and financing making sure compliance with payroll policies is not just crucial but also a legal essential from the moment of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance dangers that have significant effects nevertheless with a deeper more nuanced understanding of their commitments companies can not only navigate the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the understanding and tools necessary to browse the complex Surface of compliance whether you’re a seasoned P professional a small business owner or someone new to the field what I want to do before we begin and I believe it’s truly essential
In our mission to improve performance and precision in handling our worldwide labor force, our international corporation turned to, a leading and labor force management software application. The transition aimed to streamline the complex job of managing across different countries, currencies, and compliance guidelines.