The COVID-19 pandemic, combined with advancements in enterprise connection software… Papaya Global Bangalore Office …
insights are valuable to us and and your fellow participants so first things first though um let’s learn more about everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had roles in all sort of Industries retail and Appeal to Aerospace in all types of companies start-up to matrixed environments across the globe I offered leadership and technique to populations of more than 100,000 workers on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
International I work across business man maning and developing external relationships supporting Business clients and services and functioning as an advisor I ‘d like to introduce our very first Greg um guest 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 really work very closely with our um HR department as well to handle different legal and HR matters that turn up so actually excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR professionals totally free to do great
Execution Obstacles:
Although Papaya Global supplies combinations with various HR and financing systems, we came across some hurdles throughout the integration process. Customizing the software application to line up with our existing infrastructure showed to be more complex than expected, resulting in hold-ups in the initial rollout.
Prices Issues:
The comprehensive functions offered by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be prohibitively expensive. As an international company, we had to carefully weigh the need for sophisticated functionality against budget restraints.
Support Action Time:
On occasion, our groups experienced concerns that needed urgent support. Nevertheless, the reaction time from Papaya Global’s customer support team was not constantly as timely as we would have liked, leading to delays in dealing with those issues.
Our execution of included a phased approach. We began by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to identify and resolve integration difficulties early on. As the software ended up being more instilled in our operations, we slowly expanded its use to cover our whole global labor force.
The automated features streamlined our payroll processes, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya helped our teams become competent users of the software, maximizing its capacity for our organization.
Companies that worker workers throughout several countries often face detailed challenges when it pertains to managing their labor force. One of the most significant difficulties is consolidating numerous information streams and adhering to varied regional and nationwide labor regulations, which can be both time-consuming and costly. Furthermore, setting up local entities in brand-new areas can be a costly and suboptimal choice, with alternatives such as opening a foreign subsidiary or working with a professional work organization (PEO) often charging up to 15% of the payroll. These challenges have caused a considerable increase in trouble recruiting certified personnel, with 75% of companies reporting this problem 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.
provides a service supporting all kinds of work. It offers 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 operate, provides management of employment benefits, and makes sure 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 labor force management. She co-founded after seeing the innovation space in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to go to the complete webcast in order to receive your credits if you have any questions throughout 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 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 hey there and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to guideline accomplishing
360 degree employee compliance where we’ll dive into the important aspects of the worker compliance management model throughout the session we’ll explore real life difficulties real regional policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to secure your company and workers while staying compliant in an
Ever evolving regulatory environment in the everchanging world of company and financing making sure compliance with payroll regulations is not only essential but likewise a legal vital from the moment of working with to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have significant effects nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not only browse the complex landscape however also proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a skilled P expert a small company owner or somebody brand-new to the field what I would like to do before we begin and I believe it’s truly important
In our quest to enhance effectiveness and accuracy in managing our global workforce, our international corporation turned to, a leading and workforce management software. The shift intended to streamline the complex task of managing across numerous nations, currencies, and compliance regulations.