The COVID-19 pandemic, integrated with advancements in business connection software… Robert Papaya Global Payroll Yelp …
insights are valuable to us and and your fellow guests so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually operated in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all types of businesses startup to matrixed environments across the globe I supplied management and strategy to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business man maning and developing external relationships supporting Enterprise clients and solutions and acting as an advisor I wish 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 stated my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our internal legal group and in fact work very closely with our um HR department also to handle numerous legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our mission is to set you as HR experts complimentary to do fantastic
Although Papaya Global supplies integrations with various HR and financing systems, we encountered some obstacles throughout the combination procedure. Customizing the software application to line up with our existing infrastructure showed to be more intricate than anticipated, leading to hold-ups in the initial rollout.
The extensive features used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be prohibitively pricey. As a worldwide company, we needed to carefully weigh the need for advanced performance versus budget restrictions.
Support Action Time:
On occasion, our teams experienced problems that required immediate support. However, the action time from Papaya Global’s consumer support team was not always as timely as we would have liked, resulting in hold-ups in dealing with those concerns.
Our execution of included a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This permitted us to determine and resolve combination difficulties early on. As the software became more instilled in our operations, we gradually broadened its usage to cover our whole global workforce.
The automated functions structured our payroll procedures, minimizing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya assisted our teams become proficient users of the software, maximizing its capacity for our organization.
Business that worker workers across multiple countries typically deal with intricate obstacles when it comes to managing their labor force. Among the greatest hurdles is combining numerous data streams and sticking to diverse regional and national labor guidelines, which can be both lengthy and expensive. Moreover, establishing regional entities in new regions can be an expensive and suboptimal option, with alternatives such as opening a foreign subsidiary or working with an expert employment company (PEO) typically charging up to 15% of the payroll. These challenges have resulted in a significant boost in problem hiring qualified workers, with 75% of companies reporting this concern in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
provides a solution supporting all kinds of work. It provides an end-to-end platform, from staff member onboarding and continuous management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, offers management of employment benefits, 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 expert in payroll and labor force management. She co-founded after seeing the innovation gap in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the total webcast in order to receive your credits if you have any questions throughout 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 survey please make certain to complete 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 hey there and thank you for joining us today we’re thrilled to have you here as we embark on a journey of information to regulation accomplishing
360 degree employee compliance where we’ll dive into the vital elements of the employee compliance management model throughout the session we’ll explore real life difficulties real local regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your company and employees while remaining compliant in an
Ever evolving regulative environment in the everchanging world of business and finance guaranteeing compliance with payroll regulations is not just crucial but likewise a legal crucial from the minute of working with to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching effects however with a much deeper more nuanced understanding of their obligations organizations 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 necessary to browse the complex Terrain of compliance whether you’re an experienced P professional a small company owner or someone brand-new to the field what I would like to do before we start and I think it’s actually important
In our mission to boost performance and accuracy in managing our international labor force, our international corporation turned to, a leading and labor force management software. The transition aimed to streamline the complex task of handling across numerous countries, currencies, and compliance regulations.