The COVID-19 pandemic, combined with developments in enterprise connection software… Papaya Global Cloud Version …
insights are valuable to us and and your fellow attendees so first things initially though um let’s get to know 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 Beauty to Aerospace in all kinds of organizations startup to matrixed environments across the globe I provided management and technique to populations of more than 100,000 workers on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
International I work throughout the business male maning and developing external relationships supporting Enterprise clients and options and serving as an advisor I ‘d like to present 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and actually work really closely with our um HR department as well to deal with various legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we state our objective is to set you as HR specialists free to do great
Application Obstacles:
Although Papaya Global provides combinations with various HR and financing systems, we encountered some hurdles during the combination procedure. Personalizing the software to line up with our existing facilities showed to be more intricate than expected, leading to delays in the initial rollout.
Rates Issues:
The extensive features provided by Papaya Global come at an expense, which some of our smaller sized subsidiaries found to be prohibitively pricey. As a worldwide company, we needed to thoroughly weigh the requirement for innovative functionality versus budget constraints.
Support Reaction Time:
On occasion, our groups experienced concerns that required immediate support. Nevertheless, the reaction time from Papaya Global’s customer assistance team was not constantly as prompt as we would have liked, resulting in hold-ups in fixing those issues.
Our application of included a phased technique. We began by onboarding a few subsidiaries to check the system’s compatibility with our existing procedures. This permitted us to identify and resolve integration difficulties early on. As the software became more ingrained in our operations, we slowly broadened its usage to cover our whole international labor force.
The automated features streamlined our payroll procedures, reducing the time invested in manual computations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our teams become skilled users of the software application, optimizing its potential for our company.
Companies that employee workers throughout multiple countries often face intricate difficulties when it pertains to handling their labor force. Among the greatest obstacles is consolidating various information streams and adhering to diverse regional and nationwide labor policies, which can be both lengthy and expensive. Additionally, setting up local entities in new regions can be an expensive and suboptimal choice, with options such as opening a foreign subsidiary or employing a professional employment company (PEO) often charging up to 15% of the payroll. These difficulties have caused a considerable increase in problem recruiting certified personnel, with 75% of companies reporting this issue in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a solution supporting all kinds of work. It provides an end-to-end platform, from worker onboarding and ongoing management to international payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and makes sure information 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 workforce management. She co-founded after seeing the innovation gap in worldwide.
papaya this webcast has been pre-approved for hrci and Sherm credit please make sure to attend 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 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 thrilled to have you here as we start a journey of data to regulation attaining
360 degree worker compliance where we’ll dive into the important elements of the employee compliance management model throughout the session we’ll explore real world challenges real regional policies best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and workers while staying compliant in an
Ever developing regulatory environment in the everchanging world of company and financing ensuring compliance with payroll policies is not just important but also a legal vital from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance dangers that have significant effects nevertheless with a deeper more nuanced understanding of their obligations companies can not only navigate the intricate landscape however likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the knowledge and tools required to navigate the complex Surface of compliance whether you’re a seasoned P specialist a small company owner or someone new to the field what I would like to do before we begin and I think it’s truly important
In our quest to enhance efficiency and accuracy in handling our international workforce, our multinational corporation turned to, a leading and workforce management software application. The shift aimed to streamline the complex task of managing throughout various countries, currencies, and compliance guidelines.