The COVID-19 pandemic, combined with developments in enterprise connectivity software… Linking Nest Pension With Papaya Global …
insights are valuable to us and and your fellow guests so first things first though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had functions in all type of Industries retail and Appeal to Aerospace in all types of organizations start-up to matrixed environments around the world I supplied management and method to populations of more than 100,000 employees on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work throughout business man maning and constructing external relationships supporting Enterprise clients and solutions and acting as a consultant I want to introduce our very first Greg um guest Greg who will kick things off by informing us um who he is and a 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 group and in fact work really carefully with our um HR department as well to deal with various legal and HR matters that show up so really thrilled 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 free to do fantastic
Although Papaya Global supplies integrations with different HR and finance systems, we came across some hurdles throughout the combination process. Tailoring the software to align with our existing facilities showed to be more complex than expected, leading to delays in the initial rollout.
The comprehensive functions used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively expensive. As an international organization, we had to carefully weigh the need for innovative performance versus budget constraints.
Support Action Time:
On occasion, our groups experienced concerns that needed immediate help. However, the action time from Papaya Global’s client assistance group was not always as prompt as we would have liked, causing hold-ups in solving those problems.
Our implementation of included a phased approach. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to determine and address integration challenges early on. As the software application ended up being more ingrained in our operations, we slowly broadened its usage to cover our entire worldwide labor force.
The automated functions streamlined our payroll procedures, reducing the time invested in manual computations and compliance tracking. Routine training sessions and continuous support from Papaya helped our teams become competent users of the software application, maximizing its capacity for our company.
Nevertheless, paying a workforce can be complicated. It is particularly challenging for business who utilize personnel across multiple nations, as they must continuously combine different data streams, manually track regional and nationwide labor and policies, and spend important time and resources to set up local entities in new locations. These companies are confronted with suboptimal, pricey choices, like opening a foreign subsidiary or hiring an expert employment organization, which is a regional firm that hires staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem 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.
provides a solution supporting all types of employment. It provides an end-to-end platform, from employee onboarding and ongoing management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, provides management of employment benefits, and makes sure data personal 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 workforce management. She co-founded after seeing the innovation space in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend the complete webcast in order to receive your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a brand-new tab will open in your browser with the webcast study please be sure to complete it as quickly as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their presentation hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to policy attaining
360 degree staff member compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll explore real world obstacles genuine regional guidelines best 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 company and financing making sure compliance with payroll guidelines is not just vital however likewise a legal necessary from the minute of working with to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance dangers that have significant effects however with a deeper more nuanced understanding of their obligations organizations can not only navigate the elaborate landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools essential to navigate the complex Terrain of compliance whether you’re an experienced P specialist a small business owner or someone brand-new to the field what I wish to do before we begin and I believe it’s really crucial
In our quest to enhance 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 task of managing throughout various nations, currencies, and compliance policies.