The COVID-19 pandemic, integrated with improvements in business connectivity software application… Eps On Papaya Global …
insights are valuable to us and and your fellow attendees so first things initially though um let’s be familiar with everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had roles in all type of Industries retail and Charm to Aerospace in all kinds of companies startup to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 staff members on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout the business man maning and developing external relationships supporting Business clients and solutions and acting as an advisor I want to present our very first Greg um guest Greg who will kick things off by informing us um who he is and a little 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 corporate counsil at bambo HR so I lead our internal legal team and really work very carefully with our um HR department as well to manage various legal and HR matters that come 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 objective is to set you as HR specialists totally free to do terrific
Although Papaya Global supplies integrations with numerous HR and finance systems, we experienced some obstacles throughout the integration process. Customizing the software application to line up with our existing infrastructure proved to be more intricate than expected, resulting in hold-ups in the preliminary rollout.
The extensive functions used by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be excessively expensive. As a worldwide company, we had to carefully weigh the requirement for innovative functionality versus budget constraints.
Support Action Time:
On occasion, our groups experienced problems that needed urgent assistance. However, the action time from Papaya Global’s customer support team was not always as prompt as we would have liked, leading to hold-ups in dealing with those problems.
Our implementation of involved a phased method. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing processes. This allowed us to recognize and deal with combination difficulties early on. As the software became more instilled in our operations, we slowly broadened its use to cover our entire international workforce.
The automated functions structured our payroll procedures, reducing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams become proficient users of the software, maximizing its capacity for our company.
Nevertheless, paying a labor force can be intricate. It is particularly challenging for business who utilize personnel throughout numerous countries, as they should constantly consolidate various data streams, by hand track regional and nationwide labor and guidelines, and spend valuable time and resources to establish regional entities in new locations. These business are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or working with a professional work organization, which is a local company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem hiring qualified personnel, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
uses a service supporting all kinds of employment. It provides an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and makes sure information 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 global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make certain to attend the complete webcast in order to get your credits if you have any questions throughout the webcast please click 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 discussion hey there and thank you for joining us today we’re enjoyed have you here as we start a journey of data to guideline achieving
360 degree employee compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll explore real life obstacles genuine local regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your company and employees while staying certified in an
Ever evolving regulative environment in the everchanging world of organization and finance ensuring compliance with payroll guidelines is not just important however likewise a legal essential from the minute of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching repercussions however with a deeper more nuanced understanding of their responsibilities organizations can not only browse the complex landscape however also proactively guarantee this 360 degree compliance the webinar is created to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re an experienced P expert a small company owner or someone new to the field what I wish to do before we begin and I think it’s actually crucial
In our quest to enhance efficiency and precision in handling our global labor force, our international corporation turned to, a leading and labor force management software application. The transition intended to simplify the complex job of managing across various countries, currencies, and compliance guidelines.