The COVID-19 pandemic, integrated with improvements in business connectivity software… Papaya Global Vietnam …
insights are valuable to us and and your fellow attendees so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Beauty to Aerospace in all types of businesses start-up to matrixed environments across the globe I provided leadership and method to populations of more than 100,000 employees on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work across business guy maning and developing external relationships supporting Enterprise clients and options and serving as an advisor I want to introduce our very 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and actually work extremely carefully with our um HR department also to deal with different legal and HR matters that come up so actually thrilled 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 professionals free to do terrific
Although Papaya Global supplies combinations with various HR and financing systems, we encountered some obstacles during the combination procedure. Tailoring the software to align with our existing infrastructure proved to be more complex than prepared for, resulting in delays in the preliminary rollout.
The substantial features used by Papaya Global come at a cost, which a few of our smaller sized subsidiaries discovered to be excessively expensive. As a worldwide company, we had to thoroughly weigh the need for advanced functionality against spending plan restrictions.
Support Action Time:
On occasion, our groups experienced problems that needed urgent assistance. Nevertheless, the response time from Papaya Global’s customer support group was not constantly as timely as we would have liked, causing hold-ups in resolving those issues.
Our implementation of involved a phased approach. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to determine and attend to combination obstacles early on. As the software ended up being more ingrained in our operations, we gradually expanded its usage to cover our whole global workforce.
The automated functions structured our payroll processes, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and continuous support from Papaya helped our teams become proficient users of the software, maximizing its potential for our company.
Nevertheless, paying a workforce can be complicated. It is especially challenging for companies who utilize staff throughout several countries, as they need to continuously combine different data streams, by hand track local and nationwide labor and regulations, and spend valuable time and resources to set up local entities in new locations. These business are confronted with suboptimal, costly alternatives, like opening a foreign subsidiary or employing a professional employment organization, which is a local firm that hires employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported trouble recruiting qualified personnel, a boost of 21% from 2019. The payroll & HR options 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 provides 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 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 expert in payroll and workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend the complete 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 browser with the webcast survey please be 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 presentation hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to regulation attaining
360 degree worker compliance where we’ll dive into the essential aspects of the staff member compliance management design throughout the session we’ll check out real life challenges genuine regional guidelines best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your company and workers while remaining certified in an
Ever progressing regulatory environment in the everchanging world of service and finance ensuring compliance with payroll regulations is not only essential but likewise a legal crucial from the minute of employing to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching consequences however with a deeper more nuanced understanding of their responsibilities organizations can not just browse the intricate landscape however likewise proactively ensure this 360 degree compliance the webinar is created to equip you with the understanding and tools required to browse the complex Terrain of compliance whether you’re a seasoned P professional a small company owner or someone brand-new to the field what I wish to do before we begin and I think it’s actually crucial
In our mission to improve performance and accuracy in managing our worldwide workforce, our international corporation turned to, a leading and workforce management software application. The shift intended to streamline the complex task of managing across numerous nations, currencies, and compliance guidelines.