The COVID-19 pandemic, integrated with advancements in enterprise connection software… Papaya Global Canadian Payroll …
insights are valuable to us and and your fellow participants so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I’ve had roles in all sort of Industries retail and Charm to Aerospace in all kinds of organizations start-up to matrixed environments across the globe I offered management and strategy 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
Global I work throughout business guy maning and developing external relationships supporting Business clients and options and serving as an advisor I ‘d like to present 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 internal legal group and really work very carefully with our um HR department too to manage different legal and HR matters that show up so really delighted 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 experts totally free to do terrific
Application Challenges:
Although Papaya Global supplies combinations with numerous HR and financing systems, we came across some hurdles throughout the integration procedure. Tailoring the software application to align with our existing facilities proved to be more complex than expected, resulting in delays in the preliminary rollout.
Prices Concerns:
The extensive functions used by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be excessively costly. As an international company, we needed to thoroughly weigh the need for innovative functionality versus budget plan restrictions.
Assistance Response Time:
On occasion, our teams experienced issues that needed immediate support. However, the action time from Papaya Global’s consumer assistance group was not constantly as timely as we would have liked, resulting in hold-ups in solving those concerns.
Our execution of involved a phased approach. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This allowed us to recognize and resolve combination obstacles early on. As the software application became more instilled in our operations, we gradually expanded its use to cover our entire international labor force.
The automated features streamlined our payroll processes, reducing the time invested in manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our groups become proficient users of the software, maximizing its potential for our company.
Companies that staff member workers across several nations often face elaborate obstacles when it concerns managing their workforce. One of the greatest difficulties is combining different information streams and adhering to diverse regional and national labor guidelines, which can be both lengthy and pricey. Furthermore, setting up local entities in brand-new areas can be a pricey and suboptimal choice, with options such as opening a foreign subsidiary or working with a professional employment organization (PEO) typically charging up to 15% of the payroll. These obstacles have actually led to a considerable increase in difficulty hiring certified personnel, with 75% of employers reporting this concern in 2022, a 21% boost from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
offers an option supporting all forms of employment. It provides an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, 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 expert in payroll and workforce management. She co-founded after seeing the technology gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to participate in the total webcast in order to receive 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 new tab will open in your internet browser with the webcast study please make sure to finish it as soon as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hi and thank you for joining us today we’re enjoyed have you here as we start a journey of data to guideline accomplishing
360 degree worker compliance where we’ll dive into the necessary elements of the employee compliance management model throughout the session we’ll explore real life obstacles real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your company and employees while staying compliant in an
Ever progressing regulatory environment in the everchanging world of business and finance making sure compliance with payroll guidelines is not only crucial but also 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 consequences however with a much deeper more nuanced understanding of their responsibilities organizations can not only browse the complex landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to navigate the complex Surface of compliance whether you’re a skilled P professional a small business owner or someone new to the field what I would like to do before we start and I believe it’s actually crucial
In our mission to enhance efficiency and precision in managing our international workforce, our multinational corporation turned to, a leading and labor force management software application. The shift aimed to simplify the complex job of managing throughout numerous countries, currencies, and compliance regulations.