The COVID-19 pandemic, combined with developments in enterprise connectivity software application… Papaya Global 50+ Employees …
insights are valuable to us and and your fellow attendees so first things first though um let’s be familiar with everybody my name is Ian Charles and I have actually operated in payroll for the last 25 years I’ve had functions in all sort of Industries retail and Appeal to Aerospace in all kinds of companies start-up to matrixed environments across the globe I offered management and technique to populations of more than 100,000 staff members on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
International I work throughout business guy maning and building external relationships supporting Enterprise customers and solutions and acting as a consultant I want to introduce our first Greg um guest Greg who will kick things off by telling 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 team and actually work really carefully with our um HR department as well to deal with different legal and HR matters that show up so really delighted 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 specialists free to do fantastic
Application Obstacles:
Although Papaya Global provides integrations with numerous HR and finance systems, we experienced some obstacles during the combination process. Tailoring the software to line up with our existing facilities showed to be more complicated than prepared for, leading to hold-ups in the initial rollout.
Pricing Issues:
The extensive features offered by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be prohibitively pricey. As a worldwide company, we had to thoroughly weigh the requirement for sophisticated performance versus budget constraints.
Support Reaction Time:
On occasion, our teams experienced issues that required urgent help. However, the response time from Papaya Global’s consumer assistance team was not constantly as prompt as we would have liked, leading to hold-ups in dealing with those concerns.
Our application of involved a phased approach. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This permitted us to determine and resolve combination obstacles early on. As the software application ended up being more implanted in our operations, we gradually broadened its usage to cover our whole global labor force.
The automated functions structured our payroll procedures, reducing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups become skilled users of the software, maximizing its potential for our company.
Nevertheless, paying a workforce can be complicated. It is especially challenging for business who use staff throughout multiple countries, as they must continuously combine different data streams, manually track regional and national labor and regulations, and spend valuable time and resources to set up regional entities in new locations. These companies are faced with suboptimal, costly alternatives, like opening a foreign subsidiary or working with an expert work company, which is a local company that works with workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting certified workers, 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 an option supporting all types of employment. It supplies an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, uses management of employment benefits, and guarantees 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 space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend the complete webcast in order to receive your credits if you have any questions during 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 certain to complete 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 hello and thank you for joining us today we’re enjoyed have you here as we start a journey of data to guideline attaining
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In our mission to enhance efficiency and precision in handling our global labor force, our international corporation turned to, a leading and workforce management software application. The shift aimed to simplify the complex task of managing across numerous nations, currencies, and compliance policies.