The COVID-19 pandemic, combined with improvements in enterprise connectivity software application… Papaya Global Year End Procedure 2018 …
insights are important to us and and your fellow attendees so first things initially though um let’s be familiar with everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Appeal to Aerospace in all types of companies startup to matrixed environments around the world 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
Worldwide I work across the business guy maning and building external relationships supporting Enterprise clients and options and serving as a consultant I wish 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal team and actually work extremely carefully with our um HR department as well 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 experts complimentary to do fantastic
Although Papaya Global provides combinations with various HR and financing systems, we encountered some hurdles during the integration procedure. Tailoring the software to align with our existing infrastructure showed to be more complex than expected, leading to delays in the preliminary rollout.
The substantial features used by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be excessively pricey. As a worldwide organization, we had to thoroughly weigh the requirement for advanced performance against budget plan constraints.
Support Action Time:
On occasion, our teams experienced issues that needed immediate support. However, the action time from Papaya Global’s customer assistance group was not always as timely as we would have liked, leading to hold-ups in resolving those concerns.
Our execution of included a phased method. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This enabled us to recognize and address integration challenges early on. As the software application ended up being more instilled in our operations, we slowly expanded its use to cover our whole international workforce.
The automated features streamlined our payroll processes, minimizing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become competent users of the software, optimizing its capacity for our organization.
However, paying a labor force can be complex. It is particularly challenging for companies who utilize staff throughout numerous countries, as they need to continuously consolidate various data streams, manually track local and national labor and regulations, and spend valuable time and resources to establish regional entities in new locations. These companies are faced with suboptimal, costly options, like opening a foreign subsidiary or employing an expert work organization, which is a local firm that works with employees on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting qualified workers, an increase 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.
uses an option supporting all kinds of employment. It offers an end-to-end platform, from worker onboarding and ongoing management to global payments and. It assists business with labor law compliance in the jurisdictions in which they run, offers management of employment benefits, and ensures 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 workforce management. She co-founded after seeing the innovation gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to attend the total webcast in order to receive your credits if you have any questions throughout 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 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 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 elements of the worker compliance management design throughout the session we’ll check out real world challenges genuine local policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your organization and workers while remaining compliant in an
Ever progressing regulatory environment in the everchanging world of organization and financing making sure compliance with payroll guidelines is not only important but also a legal imperative from the minute of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching consequences however with a much deeper more nuanced understanding of their obligations organizations can not just browse the complex landscape however likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a seasoned P specialist a small company owner or somebody brand-new to the field what I wish to do before we start and I believe it’s really crucial
In our quest to improve performance and accuracy in handling our global labor force, our international corporation turned to, a leading and labor force management software. The shift aimed to simplify the complex task of handling across various nations, currencies, and compliance regulations.