The COVID-19 pandemic, integrated with developments in business connectivity software application… Papaya Global Link To Standard Life …
insights are important 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 Beauty to Aerospace in all kinds of organizations start-up to matrixed environments around the world I provided leadership and method to populations of more than 100,000 workers on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work across business male maning and constructing external relationships supporting Business customers and services and serving as a consultant I want to present our very first Greg um visitor 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 corporate counsil at bambo HR so I lead our internal legal team and in fact work really carefully with our um HR department too to manage various legal and HR matters that show up so really 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 professionals free to do great
Although Papaya Global offers combinations with numerous HR and financing systems, we encountered some difficulties throughout the combination process. Tailoring the software to align with our existing facilities showed to be more complicated than expected, resulting in delays in the preliminary rollout.
The substantial features provided by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively expensive. As a worldwide organization, we had to carefully weigh the requirement for sophisticated performance versus budget restrictions.
Support Action Time:
On occasion, our teams experienced concerns that needed urgent help. However, the response time from Papaya Global’s consumer assistance team was not constantly as timely as we would have liked, causing hold-ups in solving those issues.
Our implementation of involved a phased method. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This allowed us to recognize and attend to integration obstacles early on. As the software application ended up being more implanted in our operations, we gradually expanded its usage to cover our whole worldwide labor force.
The automated functions structured our payroll processes, decreasing the time spent on manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our teams become proficient users of the software application, maximizing its capacity for our organization.
Companies that staff member workers across multiple nations typically deal with complex challenges when it pertains to handling their workforce. Among the most significant obstacles is consolidating different information streams and sticking to diverse regional and national labor regulations, which can be both time-consuming and expensive. Additionally, establishing regional entities in brand-new regions can be a costly and suboptimal alternative, with alternatives such as opening a foreign subsidiary or employing an expert employment organization (PEO) frequently charging up to 15% of the payroll. These obstacles have led to a substantial increase in problem recruiting qualified workers, with 75% of employers reporting this problem in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
offers an option supporting all kinds of work. It offers an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of work benefits, and makes sure information privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading professional 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 concerns during 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 browser with the webcast study please make certain 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 start a journey of data to guideline achieving
360 degree worker compliance where we’ll dive into the essential elements of the employee compliance management model throughout the session we’ll explore real life challenges real regional guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and workers while remaining certified in an
Ever progressing regulatory environment in the everchanging world of company and finance ensuring compliance with payroll policies is not only important however also a legal vital from the minute of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have significant repercussions however with a deeper more nuanced understanding of their responsibilities companies can not only browse the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools needed to navigate the complex Terrain of compliance whether you’re an experienced P professional a small business owner or someone brand-new to the field what I want to do before we start and I believe it’s really crucial
In our quest to improve performance and accuracy in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software. The shift aimed to simplify the complex job of managing across various countries, currencies, and compliance guidelines.