The COVID-19 pandemic, combined with developments in enterprise connection software application… Papaya Global Courses Glasgow …
insights are important to us and and your fellow attendees so first things first though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles in all type of Industries retail and Appeal to Aerospace in all types of services start-up to matrixed environments across the globe I provided leadership and strategy to populations of more than 100,000 workers on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout the business man maning and constructing external relationships supporting Business clients and services and acting as a consultant I ‘d like to introduce our first Greg um guest Greg who will kick things off by informing 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 corporate counsil at bambo HR so I lead our in-house legal group and in fact work very carefully with our um HR department as well to handle various legal and HR matters that come up so truly 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 specialists totally free to do terrific
Implementation Challenges:
Although Papaya Global provides integrations with different HR and finance systems, we experienced some hurdles during the integration process. Customizing the software application to align with our existing facilities proved to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
Pricing Issues:
The substantial features used by Papaya Global come at an expense, which some of our smaller subsidiaries found to be prohibitively expensive. As an international company, we needed to thoroughly weigh the requirement for innovative performance versus spending plan restrictions.
Assistance Reaction Time:
On occasion, our teams experienced issues that needed urgent assistance. However, the reaction time from Papaya Global’s client support group was not constantly as prompt as we would have liked, leading to delays in resolving those problems.
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 address integration challenges early on. As the software became more instilled in our operations, we slowly broadened its usage to cover our whole international labor force.
The automated features structured our payroll processes, minimizing the time spent on manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our teams end up being proficient users of the software, optimizing its capacity for our company.
Nevertheless, paying a labor force can be complex. It is particularly challenging for companies who utilize personnel throughout multiple countries, as they should continuously consolidate different information streams, manually track local and nationwide labor and regulations, and spend valuable time and resources to establish regional entities in brand-new areas. These business are confronted with suboptimal, expensive choices, like opening a foreign subsidiary or employing an expert work company, which is a regional company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty hiring certified workers, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
provides a service supporting all forms of work. It provides an end-to-end platform, from worker onboarding and continuous management to worldwide payments and. It assists companies with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and guarantees 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 specialist in payroll and labor force management. She co-founded after seeing the technology gap in international.
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 questions throughout the webcast please click on the Q&A tab in your webinar controls and type the there a brand-new tab will open in your browser with the webcast survey please make certain to finish it as quickly as the webcast has actually 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 thrilled to have you here as we start a journey of information to regulation attaining
360 degree worker compliance where we’ll dive into the essential elements of the staff member compliance management design throughout the session we’ll explore real life challenges genuine local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to protect your company and staff members while staying compliant in an
Ever developing regulative environment in the everchanging world of organization and financing ensuring compliance with payroll guidelines is not only crucial but likewise a legal crucial 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 dangers that have significant repercussions nevertheless with a deeper more nuanced understanding of their obligations organizations can not just navigate the complex landscape however likewise proactively ensure this 360 degree compliance the webinar is developed to equip you with the knowledge and tools needed to browse the complex Surface of compliance whether you’re an experienced P professional a small business owner or somebody brand-new to the field what I wish to do before we begin and I think it’s really important
In our mission to boost performance and accuracy in managing our international labor force, our multinational corporation turned to, a leading and workforce management software application. The shift intended to simplify the complex job of managing across numerous countries, currencies, and compliance policies.