The COVID-19 pandemic, combined with improvements in enterprise connection software application… Papaya Global Open University …
insights are important to us and and your fellow attendees so first things initially though um let’s get to know everybody my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles 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 method to populations of more than 100,000 workers on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work throughout business guy maning and building external relationships supporting Enterprise customers and solutions and acting as a consultant I wish to present 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 said my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal group and actually work very carefully with our um HR department too to handle various legal and HR matters that show up so really thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our objective is to set you as HR experts free to do great
Execution Challenges:
Although Papaya Global supplies integrations with numerous HR and financing systems, we came across some hurdles throughout the integration process. Customizing the software application to line up with our existing facilities proved to be more complicated than prepared for, resulting in hold-ups in the preliminary rollout.
Pricing Issues:
The extensive features offered by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be prohibitively pricey. As a global company, we needed to thoroughly weigh the need for advanced performance versus budget restrictions.
Support Reaction Time:
On occasion, our groups experienced issues that needed urgent help. However, the reaction time from Papaya Global’s client support team was not always as prompt as we would have liked, resulting in delays in solving those concerns.
Our application of included a phased method. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing processes. This allowed us to identify and address integration difficulties early on. As the software application became more implanted in our operations, we gradually expanded its use to cover our whole worldwide labor force.
The automated functions structured our payroll processes, lowering the time invested in manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya assisted our groups become proficient users of the software, maximizing its capacity for our organization.
Nevertheless, paying a labor force can be complex. It is especially challenging for companies who employ personnel across numerous nations, as they need to constantly combine various information streams, manually track local and national labor and regulations, and spend valuable time and resources to set up local entities in brand-new locations. These business are faced with suboptimal, costly alternatives, like opening a foreign subsidiary or working with an expert work company, which is a regional company that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported problem hiring qualified workers, a boost of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
provides an option supporting all forms of employment. It offers an end-to-end platform, from employee onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and ensures data privacy in compliance with GDPR.
Eynat Guez |
Eynat is the CEO of. An entrepreneur with 15 years of experience, she is a leading professional in payroll and workforce management. She co-founded after seeing the technology space in global.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to participate in the complete 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 browser with the webcast study please make certain 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 hello and thank you for joining us today we’re enjoyed have you here as we embark on a journey of information to regulation attaining
360 degree staff member compliance where we’ll dive into the vital elements of the employee compliance management model throughout the session we’ll check out real world challenges genuine regional regulations best practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your company and workers while remaining compliant in an
Ever developing regulative environment in the everchanging world of organization and finance ensuring compliance with payroll policies is not just crucial however also a legal crucial from the moment of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching effects however with a much deeper more nuanced understanding of their obligations organizations can not only browse the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed to browse the complex Surface of compliance whether you’re an experienced P expert a small business owner or someone new to the field what I wish to do before we start and I believe it’s actually essential
In our mission to improve efficiency and accuracy in managing our international workforce, our international corporation turned to, a leading and workforce management software application. The shift intended to simplify the complex job of handling throughout numerous nations, currencies, and compliance policies.