The COVID-19 pandemic, integrated with advancements in enterprise connection software application… Subtract Money Every Payroll Papaya Global …
insights are valuable to us and and your fellow guests so first things first though um let’s get to know everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles in all type of Industries retail and Appeal to Aerospace in all kinds of services startup to matrixed environments across the globe I provided leadership and technique 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 throughout business man maning and developing external relationships supporting Enterprise customers and solutions and acting as an advisor I want to introduce our very 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 group and actually work really carefully with our um HR department also to handle numerous legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our objective is to set you as HR experts totally free to do fantastic
Although Papaya Global provides combinations with numerous HR and finance systems, we encountered some obstacles throughout the integration process. Personalizing the software application to align with our existing infrastructure proved to be more intricate than anticipated, leading to hold-ups in the preliminary rollout.
The extensive functions offered by Papaya Global come at a cost, which some of our smaller subsidiaries found to be excessively pricey. As a worldwide organization, we needed to thoroughly weigh the need for advanced functionality versus budget plan restrictions.
Support Response Time:
On occasion, our teams experienced concerns that required urgent help. Nevertheless, the reaction time from Papaya Global’s customer support group was not constantly as prompt as we would have liked, leading to hold-ups in fixing those concerns.
Our execution of included a phased technique. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This permitted us to determine and deal with integration obstacles early on. As the software application became more instilled in our operations, we slowly broadened its use to cover our entire global labor force.
The automated features streamlined our payroll procedures, reducing the time invested in manual calculations and compliance tracking. Routine training sessions and continuous support from Papaya helped our teams become proficient users of the software, maximizing its potential for our company.
However, paying a workforce can be complicated. It is particularly challenging for business who utilize staff across several nations, as they should constantly consolidate different information streams, manually track local and national labor and policies, and invest important time and resources to set up local entities in new locations. These business are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or hiring an expert work company, which is a regional company that works with workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty hiring certified personnel, 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 a solution supporting all types of work. It offers an end-to-end platform, from employee onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, provides management of work benefits, and ensures data personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading specialist in payroll and workforce management. She co-founded after seeing the technology space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to participate in the total webcast in order to receive your credits if you have any questions throughout the webcast please click 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 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 discussion hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to guideline achieving
360 degree employee compliance where we’ll dive into the vital aspects of the worker compliance management model throughout the session we’ll explore real life obstacles real local policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your organization and employees while remaining compliant in an
Ever developing regulative environment in the everchanging world of service and finance ensuring compliance with payroll regulations is not just essential however also a legal necessary from the minute of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance risks that have significant consequences however with a much deeper more nuanced understanding of their commitments companies can not just browse the detailed landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools essential to browse the complex Terrain of compliance whether you’re an experienced P expert a small company owner or someone brand-new to the field what I want to do before we begin and I believe it’s actually crucial
In our mission to enhance efficiency and accuracy in managing our international labor force, our multinational corporation turned to, a leading and workforce management software. The transition intended to streamline the complex job of managing throughout different countries, currencies, and compliance policies.