The COVID-19 pandemic, combined with developments in business connectivity software… Can I Use Papaya Global Payroll Without Papaya Global …
insights are valuable to us and and your fellow guests so first things first though um let’s get to know everybody my name is Ian Charles and I have actually operated 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 start-up to matrixed environments around the world I provided management and technique to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across business man maning and constructing external relationships supporting Enterprise clients and services and functioning as an advisor I ‘d like to introduce our very first Greg um visitor 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 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 actually work really carefully with our um HR department also to handle various 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 specialists free to do excellent
Although Papaya Global offers combinations with different HR and finance systems, we encountered some obstacles throughout the combination procedure. Tailoring the software application to align with our existing infrastructure showed to be more complicated than anticipated, leading to delays in the preliminary rollout.
The substantial features provided by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be excessively pricey. As an international organization, we had to thoroughly weigh the need for sophisticated performance versus budget restraints.
Assistance Action Time:
On occasion, our teams experienced problems that required immediate assistance. However, the reaction time from Papaya Global’s customer assistance team was not constantly as prompt as we would have liked, leading to hold-ups in resolving those concerns.
Our implementation of involved a phased method. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to identify and deal with combination challenges early on. As the software became more ingrained in our operations, we gradually expanded its use to cover our entire global workforce.
The automated functions streamlined our payroll procedures, lowering the time invested in manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our teams become proficient users of the software application, maximizing its capacity for our organization.
Companies that employee workers across multiple countries typically face complex difficulties when it pertains to handling their workforce. Among the biggest obstacles is consolidating various data streams and adhering to varied local and national labor policies, which can be both lengthy and expensive. Additionally, setting up regional entities in new areas can be a pricey and suboptimal alternative, with options such as opening a foreign subsidiary or working with a professional work company (PEO) typically charging up to 15% of the payroll. These obstacles have caused a substantial increase in trouble recruiting qualified workers, with 75% of employers reporting this issue 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.
uses an option supporting all types of employment. It provides an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and ensures information 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 gap in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend the total webcast in order to get 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 internet browser with the webcast study 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 presentation 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 worker compliance where we’ll dive into the vital aspects of the employee compliance management design throughout the session we’ll check out real world obstacles genuine local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your organization and workers while remaining certified in an
Ever evolving regulative environment in the everchanging world of organization and finance ensuring compliance with payroll policies is not only vital but likewise a legal necessary from the moment of employing to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching effects nevertheless with a deeper more nuanced understanding of their commitments companies can not only navigate the intricate landscape but likewise proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re a seasoned P professional a small company owner or someone brand-new to the field what I want to do before we begin and I believe it’s really essential
In our quest to boost efficiency and accuracy in managing our worldwide workforce, our multinational corporation turned to, a leading and labor force management software. The transition aimed to streamline the complex task of managing throughout different nations, currencies, and compliance guidelines.