Papaya Global V23 2024 – All You Need To Know

The COVID-19 pandemic, integrated with developments in business connection software… Papaya Global V23 …

insights are important to us and and your fellow attendees so first things initially though um let’s get to know everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Beauty to Aerospace in all types of businesses start-up to matrixed environments around the world I provided leadership and strategy to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya

International I work throughout the business male maning and developing external relationships supporting Enterprise clients and solutions and acting 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 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 in-house legal team and in fact work really closely with our um HR department as well to deal with various legal and HR matters that turn 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 objective is to set you as HR professionals complimentary to do fantastic

Implementation Challenges:
Although Papaya Global provides integrations with different HR and finance systems, we encountered some obstacles during the integration process. Personalizing the software to align with our existing infrastructure showed to be more intricate than anticipated, leading to hold-ups in the initial rollout.

Pricing Issues:
The extensive functions provided by Papaya Global come at an expense, which a few of our smaller subsidiaries discovered to be excessively pricey. As a global company, we needed to carefully weigh the requirement for sophisticated functionality versus budget plan restraints.

Support Action Time:
On occasion, our groups experienced issues that needed immediate assistance. Nevertheless, the action time from Papaya Global’s client support team was not always as timely as we would have liked, causing hold-ups in solving those concerns.

Our implementation of involved a phased method. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to determine and attend to combination difficulties early on. As the software application became more instilled in our operations, we gradually broadened its use to cover our entire worldwide labor force.

The automated functions structured our payroll processes, reducing the time spent on manual computations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our groups end up being skilled users of the software application, maximizing its capacity for our company.

Business that staff member workers across several nations typically face intricate obstacles when it concerns handling their labor force. Among the greatest obstacles is combining numerous information streams and adhering to varied regional and nationwide labor regulations, which can be both lengthy and pricey. Additionally, establishing local entities in brand-new regions can be a costly and suboptimal alternative, with alternatives such as opening a foreign subsidiary or employing a professional employment organization (PEO) typically charging up to 15% of the payroll. These difficulties have actually caused a considerable increase in problem recruiting certified personnel, with 75% of employers reporting this problem in 2022, a 21% boost from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.

uses a service supporting all types of work. It supplies an end-to-end platform, from worker onboarding and continuous management to global payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses 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 expert in payroll and labor force management. She co-founded after seeing the innovation space in international.

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 questions during the webcast please click on 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 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 hi and thank you for joining us today we’re enjoyed have you here as we start a journey of information to policy achieving

360 degree employee compliance where we’ll dive into the vital elements of the worker compliance management model throughout the session we’ll explore real life obstacles real local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and workers while remaining compliant in an

Ever evolving regulative environment in the everchanging world of organization and financing ensuring compliance with payroll policies is not only essential however also a legal essential from the moment of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance dangers that have significant effects nevertheless with a much deeper more nuanced understanding of their commitments organizations can not just navigate the complex landscape but likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re an experienced P specialist a small business owner or someone brand-new to the field what I wish to do before we start and I believe it’s really crucial

In our mission to improve effectiveness and precision in handling our worldwide labor force, our multinational 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 guidelines.