The COVID-19 pandemic, combined with advancements in business connectivity software… Papaya Global 2023 …
insights are valuable to us and and your fellow participants so first things initially though um let’s get to know everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had functions in all sort of Industries retail and Appeal to Aerospace in all kinds of businesses startup to matrixed environments across the globe I supplied leadership and technique to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business man maning and building external relationships supporting Enterprise customers and options and serving as an advisor I wish to introduce our first Greg um visitor 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 in-house legal group and in fact work extremely carefully with our um HR department too to handle different legal and HR matters that show up so truly thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our mission is to set you as HR experts totally free to do great
Although Papaya Global offers integrations with various HR and financing systems, we encountered some hurdles during the integration process. Customizing the software application to align with our existing infrastructure proved to be more complex than prepared for, leading to delays in the initial rollout.
The comprehensive functions provided by Papaya Global come at an expense, which a few of our smaller subsidiaries found to be prohibitively costly. As a worldwide company, we needed to carefully weigh the requirement for innovative functionality against budget plan constraints.
Assistance Action Time:
On occasion, our groups experienced issues that needed urgent support. However, the reaction time from Papaya Global’s client support team was not always as prompt as we would have liked, resulting in delays in dealing with those problems.
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 identify and resolve combination challenges early on. As the software ended up being more instilled in our operations, we slowly expanded its use to cover our whole worldwide workforce.
The automated features structured our payroll processes, reducing the time invested in manual computations and compliance tracking. Routine training sessions and continuous support from Papaya helped our groups end up being competent users of the software application, optimizing its potential for our organization.
Business that worker workers throughout numerous countries typically deal with complex obstacles when it concerns managing their labor force. One of the greatest hurdles is consolidating different data streams and adhering to varied regional and nationwide labor policies, which can be both lengthy and expensive. Furthermore, establishing local entities in new areas can be a pricey and suboptimal alternative, with options such as opening a foreign subsidiary or hiring a professional work organization (PEO) typically charging up to 15% of the payroll. These difficulties have actually led to a considerable increase in difficulty hiring 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 solution supporting all forms of work. It offers an end-to-end platform, from employee onboarding and ongoing management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, provides management of employment advantages, and guarantees 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 be sure to go to the total webcast in order to get your credits if you have any questions during the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast survey please be 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 presentation hello and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to regulation achieving
360 degree employee compliance where we’ll dive into the important elements of the worker compliance management model throughout the session we’ll check out real life obstacles real local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to safeguard your company and employees while remaining certified in an
Ever evolving regulative environment in the everchanging world of organization and finance guaranteeing compliance with payroll regulations is not just essential however also a legal necessary 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 far-reaching repercussions however with a deeper more nuanced understanding of their obligations companies can not only browse the detailed landscape but also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed to browse the complex Surface of compliance whether you’re an experienced P specialist a small company owner or someone new to the field what I want to do before we begin and I think it’s really important
In our mission to enhance performance and precision in managing our global labor force, our multinational corporation turned to, a leading and workforce management software application. The transition intended to simplify the complex task of managing across various nations, currencies, and compliance guidelines.