The COVID-19 pandemic, combined with improvements in business connectivity software… Square Vs Papaya Global …
insights are valuable to us and and your fellow attendees 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’ve had functions in all type of Industries retail and Beauty to Aerospace in all kinds of businesses start-up to matrixed environments around the world I offered leadership and strategy to populations of more than 100,000 workers on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business guy maning and constructing external relationships supporting Business customers and options and serving as a consultant I wish to introduce our first Greg um guest Greg who will kick things off by telling 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 internal legal team and in fact work really closely with our um HR department also to deal with different legal and HR matters that show 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 mission is to set you as HR specialists free to do terrific
Although Papaya Global provides integrations with different HR and financing systems, we experienced some hurdles during the integration process. Personalizing the software application to line up with our existing infrastructure proved to be more complicated than expected, resulting in hold-ups in the initial rollout.
The substantial features used by Papaya Global come at an expense, which a few of our smaller subsidiaries discovered to be excessively pricey. As an international organization, we needed to thoroughly weigh the need for sophisticated functionality against spending plan constraints.
Support Response Time:
On occasion, our teams experienced problems that required immediate help. However, the action time from Papaya Global’s client support group was not constantly as timely as we would have liked, causing delays in resolving those issues.
Our application of involved a phased technique. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to determine and attend to combination obstacles early on. As the software application became more ingrained in our operations, we slowly broadened its usage to cover our entire global labor force.
The automated functions structured our payroll processes, lowering the time invested in manual computations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our groups become competent users of the software, maximizing its capacity for our company.
Business that employee workers across numerous countries frequently deal with detailed obstacles when it comes to handling their labor force. One of the greatest obstacles is consolidating different information streams and sticking to varied local and nationwide labor policies, which can be both time-consuming and costly. Moreover, establishing regional entities in new regions can be an expensive and suboptimal option, with alternatives such as opening a foreign subsidiary or hiring an expert employment company (PEO) often charging up to 15% of the payroll. These obstacles have led to a substantial increase in difficulty recruiting qualified workers, with 75% of employers reporting this problem in 2022, a 21% boost from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
offers a service supporting all forms of employment. It supplies an end-to-end platform, from worker onboarding and continuous management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, 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 specialist in payroll and workforce management. She co-founded after seeing the technology gap in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to go to 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 new tab will open in your internet browser with the webcast study please make sure 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 discussion hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to regulation achieving
360 degree staff member compliance where we’ll dive into the vital aspects of the employee compliance management model throughout the session we’ll explore real world challenges genuine regional guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your company and workers while remaining certified in an
Ever evolving regulative environment in the everchanging world of service and financing guaranteeing 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 dangers that have far-reaching effects nevertheless with a much deeper more nuanced understanding of their commitments organizations can not just browse the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools necessary to browse the complex Surface of compliance whether you’re an experienced P specialist a small business owner or someone new to the field what I wish to do before we begin and I think it’s really crucial
In our quest to boost efficiency and precision in managing our global workforce, our multinational corporation turned to, a leading and labor force management software. The shift aimed to simplify the complex job of handling across various nations, currencies, and compliance guidelines.