The COVID-19 pandemic, combined with developments in enterprise connectivity software… Jessica Miles Papaya Global.Com …
insights are important to us and and your fellow participants so first things first though um let’s learn more about everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Charm to Aerospace in all kinds of services start-up to matrixed environments across the globe I provided management and technique to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
International I work across the business male maning and constructing external relationships supporting Business clients and services and acting as a consultant I ‘d like to present our 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 business counsil at bambo HR so I lead our in-house legal group and in fact work extremely carefully with our um HR department also to handle numerous legal and HR matters that show up so actually excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our mission is to set you as HR professionals totally free to do great
Implementation Challenges:
Although Papaya Global offers integrations with various HR and financing systems, we encountered some hurdles throughout the integration process. Personalizing the software application to align with our existing facilities showed to be more complex than expected, resulting in hold-ups in the initial rollout.
Pricing Issues:
The substantial features provided by Papaya Global come at a cost, which some of our smaller subsidiaries discovered to be prohibitively costly. As a worldwide company, we needed to carefully weigh the need for sophisticated functionality against spending plan constraints.
Support Reaction Time:
On occasion, our groups experienced issues that required immediate help. Nevertheless, the action time from Papaya Global’s customer support team was not constantly as prompt as we would have liked, resulting in hold-ups in resolving those concerns.
Our application of involved a phased technique. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to identify and resolve combination difficulties early on. As the software application became more ingrained in our operations, we slowly broadened its usage to cover our whole global workforce.
The automated functions streamlined our payroll processes, decreasing the time invested in manual estimations and compliance tracking. Regular training sessions and continuous support from Papaya helped our groups become skilled users of the software application, optimizing its potential for our company.
Companies that worker workers across multiple countries often deal with elaborate difficulties when it concerns handling their workforce. One of the biggest hurdles is combining various information streams and adhering to varied local and national labor policies, which can be both time-consuming and expensive. Furthermore, setting up local entities in new areas can be a costly and suboptimal option, with options such as opening a foreign subsidiary or employing a professional employment company (PEO) typically charging up to 15% of the payroll. These challenges have actually resulted in a considerable boost in trouble recruiting qualified workers, with 75% of employers reporting this concern in 2022, a 21% boost from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
offers an option supporting all forms of employment. It provides an end-to-end platform, from employee onboarding and continuous management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and ensures data 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 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 receive your credits if you have any concerns during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast study please make sure to complete 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 hi and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline accomplishing
360 degree worker compliance where we’ll dive into the vital aspects of the employee compliance management model throughout the session we’ll check out real world challenges real regional policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your organization and workers while remaining certified in an
Ever progressing regulatory environment in the everchanging world of service and finance making sure compliance with payroll guidelines is not only vital but also a legal essential from the moment of hiring to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance threats that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their commitments companies can not just navigate the elaborate landscape however likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to browse the complex Surface of compliance whether you’re a skilled P specialist a small company owner or someone brand-new to the field what I wish to do before we begin and I think it’s truly important
In our quest to boost effectiveness and accuracy in handling our global workforce, our multinational corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex task of handling across numerous nations, currencies, and compliance guidelines.