The COVID-19 pandemic, combined with developments in enterprise connection software application… Papaya Global Year End 2021 South Africa …
insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all kinds of organizations start-up to matrixed environments across the globe I provided management and strategy to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across the business male maning and building external relationships supporting Business clients and options and acting as an advisor 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 too to deal with numerous legal and HR matters that come 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 professionals free to do great
Although Papaya Global provides combinations with different HR and finance systems, we encountered some difficulties throughout the combination procedure. Tailoring the software to align with our existing infrastructure showed to be more intricate than prepared for, leading to delays in the initial rollout.
The comprehensive functions offered by Papaya Global come at an expense, which a few of our smaller subsidiaries found to be excessively pricey. As an international company, we needed to carefully weigh the requirement for innovative performance against spending plan restraints.
Support Reaction Time:
On occasion, our groups experienced problems that required urgent support. Nevertheless, the action time from Papaya Global’s customer support team was not constantly as timely as we would have liked, causing delays in dealing with those issues.
Our implementation of included a phased technique. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This permitted us to determine and resolve integration obstacles early on. As the software ended up being more instilled in our operations, we gradually expanded its use to cover our whole worldwide labor force.
The automated functions streamlined our payroll processes, lowering the time invested in manual estimations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our teams become proficient users of the software, maximizing its capacity for our organization.
Companies that employee workers across several countries often deal with detailed obstacles when it concerns handling their workforce. One of the biggest hurdles is consolidating numerous data streams and sticking to diverse local and nationwide labor policies, which can be both lengthy and costly. Furthermore, setting up local entities in new regions can be a pricey and suboptimal choice, with alternatives such as opening a foreign subsidiary or hiring an expert work company (PEO) frequently charging up to 15% of the payroll. These difficulties have actually led to a substantial increase in difficulty hiring qualified workers, with 75% of employers reporting this concern in 2022, a 21% boost from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a service supporting all kinds of employment. It offers an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, uses management of employment benefits, and ensures data 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 labor force management. She co-founded after seeing the technology gap in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend 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 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 hi and thank you for joining us today we’re enjoyed have you here as we start a journey of data to guideline attaining
360 degree employee compliance where we’ll dive into the vital aspects of the employee compliance management design throughout the session we’ll check out real life difficulties genuine regional policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your company and staff members while remaining compliant in an
Ever evolving regulatory environment in the everchanging world of organization and finance guaranteeing compliance with payroll guidelines is not just crucial however likewise a legal necessary from the moment of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance risks that have far-reaching consequences nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not only browse the elaborate landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools essential to navigate the complex Surface of compliance whether you’re a skilled P professional a small business owner or somebody new to the field what I want to do before we start and I think it’s really crucial
In our mission to boost 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 handling throughout different countries, currencies, and compliance guidelines.