The COVID-19 pandemic, integrated with developments in enterprise connectivity software… Papaya Global Set Up Benefits Payroll …
insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Appeal to Aerospace in all kinds of organizations start-up to matrixed environments around the world I provided management and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work across business male maning and developing external relationships supporting Enterprise customers and options and acting as an advisor I want to present 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 team and actually work very closely with our um HR department also to deal with different legal and HR matters that come up so truly excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR specialists totally free to do fantastic
Although Papaya Global provides integrations with numerous HR and finance systems, we experienced some difficulties throughout the integration procedure. Tailoring the software to align with our existing infrastructure proved to be more complex than prepared for, leading to delays in the preliminary rollout.
The comprehensive features offered by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be excessively costly. As a global company, we had to thoroughly weigh the requirement for sophisticated performance versus budget plan restraints.
Assistance Response Time:
On occasion, our teams experienced problems that required immediate help. However, the action time from Papaya Global’s customer support team was not always as timely as we would have liked, causing delays in fixing those issues.
Our application of included a phased technique. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This allowed us to determine and address integration obstacles early on. As the software application ended up being more instilled in our operations, we slowly broadened its usage to cover our entire international labor force.
The automated functions streamlined our payroll processes, minimizing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing assistance from Papaya helped our teams become competent users of the software, optimizing its capacity for our organization.
Companies that employee workers across multiple countries often deal with elaborate obstacles when it pertains to managing their workforce. One of the most significant obstacles is consolidating different information streams and adhering to diverse regional and national labor guidelines, which can be both time-consuming and pricey. Additionally, establishing regional entities in new areas can be an expensive and suboptimal alternative, with options such as opening a foreign subsidiary or employing an expert employment organization (PEO) often charging up to 15% of the payroll. These challenges have caused a significant boost in difficulty recruiting qualified workers, with 75% of employers reporting this problem 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 a service supporting all kinds of work. It offers an end-to-end platform, from worker onboarding and continuous management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, uses management of employment benefits, and guarantees 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 workforce management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to receive your credits if you have any concerns throughout the webcast please click 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 sure to finish it as quickly 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 regulation accomplishing
360 degree employee compliance where we’ll dive into the vital elements of the worker compliance management design throughout the session we’ll explore real life difficulties real local policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to protect your company and staff members while staying certified in an
Ever developing regulatory environment in the everchanging world of business and financing ensuring compliance with payroll policies is not just important but also a legal crucial from the minute of working with 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 much deeper more nuanced understanding of their obligations companies can not only navigate the complex landscape however also proactively ensure this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re an experienced P expert a small company owner or someone new to the field what I would like to do before we start and I think it’s truly important
In our mission to boost efficiency and accuracy in managing our international workforce, our international corporation turned to, a leading and workforce management software application. The shift intended to streamline the complex job of managing across various countries, currencies, and compliance guidelines.