The COVID-19 pandemic, integrated with improvements in enterprise connection software application… Papaya Global No Code Adoption Leave Nominal Link …
insights are important to us and and your fellow attendees so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had functions in all type of Industries retail and Charm to Aerospace in all types of businesses start-up to matrixed environments across the globe I supplied management and method to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business male maning and building external relationships supporting Business clients and services and acting as an advisor 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 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 carefully with our um HR department too to deal with various legal and HR matters that show up so really delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our objective is to set you as HR specialists totally free to do great
Although Papaya Global provides integrations with various HR and finance systems, we encountered some obstacles throughout the integration process. Personalizing the software application to line up with our existing facilities showed to be more complicated than expected, leading to hold-ups in the preliminary rollout.
The substantial features provided by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be prohibitively expensive. As an international company, we had to thoroughly weigh the need for advanced performance versus budget constraints.
Assistance Reaction Time:
On occasion, our teams experienced concerns that needed urgent assistance. Nevertheless, the reaction time from Papaya Global’s client assistance team was not constantly as prompt as we would have liked, causing hold-ups in dealing with those issues.
Our application of included a phased technique. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This permitted us to identify and attend to combination difficulties early on. As the software application became more ingrained in our operations, we slowly broadened its usage to cover our whole worldwide workforce.
The automated features structured our payroll procedures, minimizing the time spent on manual calculations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our groups become skilled users of the software application, optimizing its capacity for our company.
However, paying a labor force can be complicated. It is especially challenging for business who employ staff across several countries, as they must continuously combine various data streams, manually track local and national labor and policies, and spend valuable time and resources to set up regional entities in new locations. These companies are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or working with an expert employment organization, which is a local firm that works with staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring certified personnel, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers a solution supporting all kinds of work. It offers an end-to-end platform, from worker onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, and makes sure information personal 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 labor force management. She co-founded after seeing the innovation gap in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the complete webcast in order to receive 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 study please make sure to finish 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 hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to regulation accomplishing
360 degree worker compliance where we’ll dive into the important elements of the worker compliance management design throughout the session we’ll explore real life challenges genuine local policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and employees while remaining certified in an
Ever progressing regulative environment in the everchanging world of organization and financing guaranteeing compliance with payroll policies is not just essential however also a legal important from the moment of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance threats that have significant repercussions nevertheless with a deeper more nuanced understanding of their obligations companies can not just browse the complex landscape but likewise proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools required to browse the complex Terrain of compliance whether you’re an experienced P specialist a small business owner or somebody new to the field what I would like to do before we begin and I believe it’s really essential
In our mission to enhance effectiveness and accuracy in managing our global workforce, our multinational corporation turned to, a leading and workforce management software application. The transition intended to streamline the complex task of handling across numerous nations, currencies, and compliance policies.