The COVID-19 pandemic, integrated with advancements in business connection software… Papaya Global 50 Delete Attachment …
insights are valuable to us and and your fellow participants so first things first though um let’s be familiar with everybody my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Appeal to Aerospace in all kinds of businesses start-up to matrixed environments around the world I offered management and technique to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
International I work across business male maning and developing external relationships supporting Enterprise clients and solutions and acting as an advisor I ‘d like to present our very first Greg um guest Greg who will kick things off by telling us um who he is and a 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 group and in fact work extremely carefully with our um HR department as well to deal with numerous legal and HR matters that come up so truly thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our mission is to set you as HR professionals totally free to do excellent
Although Papaya Global supplies integrations with various HR and financing systems, we encountered some hurdles during the integration procedure. Personalizing the software to align with our existing infrastructure showed to be more complex than anticipated, resulting in hold-ups in the initial rollout.
The extensive features offered by Papaya Global come at a cost, which some of our smaller sized subsidiaries found to be excessively pricey. As an international company, we needed to thoroughly weigh the requirement for sophisticated performance against budget constraints.
Support Action Time:
On occasion, our teams experienced concerns that needed urgent support. Nevertheless, the action time from Papaya Global’s client support team was not constantly as timely as we would have liked, causing hold-ups in fixing those problems.
Our implementation of involved a phased method. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This permitted us to determine and address combination challenges early on. As the software application became more instilled in our operations, we slowly expanded its usage to cover our whole international workforce.
The automated functions structured our payroll procedures, minimizing the time spent on manual computations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our groups end up being competent users of the software application, optimizing its potential for our company.
Companies that staff member workers across multiple countries typically face elaborate difficulties when it pertains to managing their workforce. Among the biggest difficulties is consolidating various data streams and sticking to diverse regional and nationwide labor policies, which can be both time-consuming and expensive. Moreover, establishing regional entities in new regions can be a costly and suboptimal alternative, with options such as opening a foreign subsidiary or working with an expert employment organization (PEO) often charging up to 15% of the payroll. These obstacles have resulted in a substantial boost in difficulty hiring certified personnel, with 75% of employers reporting this issue in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
provides an option supporting all forms of employment. It offers an end-to-end platform, from employee onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they run, offers management of employment advantages, and guarantees 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 sure to attend the complete webcast in order to get your credits if you have any concerns during 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 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 hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline accomplishing
360 degree worker compliance where we’ll dive into the important elements of the worker compliance management design throughout the session we’ll check out real life difficulties genuine regional policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and staff members while remaining certified in an
Ever evolving regulative environment in the everchanging world of organization and financing ensuring compliance with payroll policies is not only important however also a legal important from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant effects however with a deeper more nuanced understanding of their commitments organizations can not just navigate the elaborate landscape but also proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools necessary to navigate the complex Surface of compliance whether you’re a skilled P professional a small business owner or someone 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 labor force, our multinational corporation turned to, a leading and labor force management software. The shift aimed to streamline the complex job of handling across various countries, currencies, and compliance guidelines.