The COVID-19 pandemic, integrated with developments in business connectivity software application… Integrate Papaya Global With Outlook …
insights are valuable to us and and your fellow guests so first things first though um let’s be familiar with everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Appeal to Aerospace in all types of businesses startup to matrixed environments around the world I provided management and method to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
International I work across the business guy maning and developing external relationships supporting Business customers and services and acting as an advisor I want to present our 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 stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal team and in fact work very carefully with our um HR department also to handle various legal and HR matters that turn up so really thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR specialists complimentary to do terrific
Although Papaya Global supplies integrations with various HR and financing systems, we came across some obstacles during the combination procedure. Personalizing the software to align with our existing infrastructure proved to be more intricate than expected, resulting in delays in the initial rollout.
The substantial functions provided by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be prohibitively pricey. As an international organization, we had to thoroughly weigh the need for advanced functionality against budget plan restraints.
Support Reaction Time:
On occasion, our groups experienced issues that needed immediate support. However, the reaction time from Papaya Global’s customer assistance group was not constantly as prompt as we would have liked, resulting in delays in dealing with those issues.
Our execution of involved a phased approach. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to identify and resolve integration difficulties early on. As the software application became more implanted in our operations, we slowly broadened its usage to cover our entire global workforce.
The automated features streamlined our payroll processes, reducing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya helped our teams end up being proficient users of the software, maximizing its potential for our company.
Nevertheless, paying a workforce can be intricate. It is especially challenging for companies who employ staff across multiple countries, as they should continuously consolidate different information streams, manually track local and nationwide labor and guidelines, and invest valuable time and resources to establish regional entities in brand-new areas. These business are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or working with an expert work 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 companies reported difficulty recruiting certified workers, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers an option supporting all types of employment. It provides an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, uses management of employment advantages, and ensures data privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and labor force management. She co-founded after seeing the technology gap in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to go to the total webcast in order to receive your credits if you have any concerns throughout the webcast please click on the Q&A tab in your webinar controls and type the there a brand-new tab will open in your web browser with the webcast survey please make certain to complete it as quickly as the webcast has actually 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 start a journey of data to policy achieving
360 degree worker compliance where we’ll dive into the important aspects of the employee compliance management design throughout the session we’ll explore real life difficulties real local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and staff members while remaining compliant in an
Ever progressing regulatory environment in the everchanging world of company and financing ensuring compliance with payroll policies is not just vital however likewise a legal important from the minute of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching consequences nevertheless with a much deeper more nuanced understanding of their responsibilities companies can not just navigate the complex landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re a seasoned P expert a small company owner or somebody brand-new to the field what I would like to do before we begin and I believe it’s really crucial
In our mission to improve performance and accuracy in handling our international labor force, our international corporation turned to, a leading and workforce management software. The transition intended to streamline the complex task of handling across numerous countries, currencies, and compliance regulations.