The COVID-19 pandemic, combined with developments in enterprise connection software application… Papaya Global Online Registration …
insights are valuable to us and and your fellow attendees so first things initially though um let’s be familiar with everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Beauty to Aerospace in all kinds of businesses start-up to matrixed environments around the world I provided leadership and strategy to populations of more than 100,000 employees on a month-to-month basis and in over 170 countries today I’m the perel strategist for papaya
International I work across business guy maning and building external relationships supporting Enterprise clients and options and serving as a consultant I ‘d like to introduce our very first Greg um guest Greg who will kick things off by informing us um who he is and a little 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 business counsil at bambo HR so I lead our in-house legal team and in fact work really closely with our um HR department also to manage numerous legal and HR matters that come up so really thrilled 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 experts complimentary to do great
Execution Challenges:
Although Papaya Global offers integrations with different HR and finance systems, we experienced some difficulties throughout the combination procedure. Tailoring the software to align with our existing infrastructure showed to be more intricate than anticipated, resulting in delays in the preliminary rollout.
Rates Concerns:
The extensive functions provided by Papaya Global come at an expense, which some of our smaller subsidiaries discovered to be excessively costly. As an international company, we needed to thoroughly weigh the need for innovative functionality against spending plan restrictions.
Assistance Action Time:
On occasion, our groups experienced concerns that needed immediate assistance. However, the reaction time from Papaya Global’s client assistance group 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 technique. We started by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to determine and address integration obstacles early on. As the software application ended up being more ingrained in our operations, we slowly expanded its use to cover our entire global labor force.
The automated functions streamlined our payroll processes, lowering the time spent on manual calculations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our groups become skilled users of the software application, maximizing its capacity for our company.
Nevertheless, paying a labor force can be complex. It is particularly challenging for companies who utilize personnel across multiple nations, as they must continuously combine different information streams, manually track regional and nationwide labor and guidelines, and spend important time and resources to set up regional entities in new areas. These business are faced with suboptimal, costly options, like opening a foreign subsidiary or employing an expert employment 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 problem hiring qualified workers, an increase of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
offers a solution supporting all kinds of employment. It offers an end-to-end platform, from staff member 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 work benefits, and guarantees 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 expert in payroll and labor force management. She co-founded after seeing the technology gap in worldwide.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to go to the complete webcast in order to receive your credits if you have any concerns during the webcast please click on the Q&A tab in your webinar controls and type the there a new tab will open in your browser with the webcast survey please be sure to finish it as soon 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 thrilled to have you here as we embark on a journey of information to regulation accomplishing
360 degree worker compliance where we’ll dive into the important elements of the employee compliance management design throughout the session we’ll check out real life challenges genuine local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your organization and employees while remaining certified in an
Ever developing regulatory environment in the everchanging world of service and financing ensuring compliance with payroll regulations is not only important however likewise a legal imperative from the minute of hiring to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching effects however with a deeper more nuanced understanding of their responsibilities companies can not only browse the complex landscape but also proactively guarantee this 360 degree compliance the webinar is designed to equip you with the knowledge and tools required to navigate the complex Terrain of compliance whether you’re a seasoned P specialist a small business owner or someone new to the field what I want to do before we begin and I believe it’s actually important
In our mission to boost efficiency and precision in managing our global labor force, our multinational corporation turned to, a leading and labor force management software application. The transition intended to simplify the complex job of handling across numerous nations, currencies, and compliance regulations.