The COVID-19 pandemic, combined with advancements in business connectivity software… Can My Accountant Access My Papaya Global …
insights are important to us and and your fellow guests so first things initially 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 kind of Industries retail and Charm to Aerospace in all kinds of organizations startup to matrixed environments across the globe I offered management and strategy to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business guy maning and building external relationships supporting Enterprise clients and options and functioning as a consultant I wish to present our very first Greg um visitor 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 internal legal group and really work very closely with our um HR department too to handle numerous legal and HR matters that show up so truly thrilled to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our objective is to set you as HR experts totally free to do terrific
Implementation Barriers:
Although Papaya Global supplies integrations with numerous HR and finance systems, we encountered some difficulties during the combination process. Customizing the software to line up with our existing infrastructure proved to be more complicated than anticipated, resulting in hold-ups in the preliminary rollout.
Prices Issues:
The substantial features used by Papaya Global come at an expense, which some of our smaller sized subsidiaries discovered to be excessively costly. As an international company, we needed to carefully weigh the need for advanced functionality against budget constraints.
Support Reaction Time:
On occasion, our teams experienced concerns that required urgent help. However, the response time from Papaya Global’s customer support team was not always as prompt as we would have liked, resulting in hold-ups in dealing with those issues.
Our implementation of involved a phased method. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This enabled us to identify and deal with combination challenges early on. As the software ended up being more implanted in our operations, we gradually expanded its use to cover our entire global workforce.
The automated features structured our payroll processes, minimizing the time spent on manual calculations and compliance tracking. Regular training sessions and continuous assistance from Papaya helped our groups end up being proficient users of the software application, maximizing its capacity for our company.
However, paying a labor force can be intricate. It is particularly challenging for business who utilize staff across several nations, as they need to constantly combine various information streams, manually track local and national labor and regulations, and spend valuable time and resources to set up local entities in new locations. These business are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or working with a professional employment organization, which is a regional firm that employs employees on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty recruiting certified workers, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
uses an option 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, uses management of employment advantages, and guarantees data personal privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading expert in payroll and workforce management. She co-founded after seeing the technology space in international.
papaya this webcast has actually 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 concerns 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 web browser with the webcast survey please be 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 discussion hello and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline attaining
360 degree employee compliance where we’ll dive into the important aspects of the worker compliance management design throughout the session we’ll explore real world obstacles genuine local guidelines best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your company and employees while remaining compliant in an
Ever evolving regulatory environment in the everchanging world of business and finance making sure compliance with payroll guidelines is not only important but also a legal important from the minute of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching consequences however with a much deeper more nuanced understanding of their obligations organizations can not only navigate the detailed landscape but also proactively ensure this 360 degree compliance the webinar is created to equip you with the understanding and tools essential to navigate the complex Surface of compliance whether you’re a skilled P professional a small business owner or someone brand-new to the field what I want to do before we start and I think it’s actually important
In our mission to improve effectiveness and precision in managing our worldwide 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.