The COVID-19 pandemic, integrated with developments in business connection software application… Papaya Global Payroll Customer Service …
insights are important to us and and your fellow attendees so first things first though um let’s learn more about everyone my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had roles in all type of Industries retail and Beauty to Aerospace in all kinds of services start-up to matrixed environments across the globe I supplied management and method 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
Worldwide I work across business man maning and building external relationships supporting Enterprise customers and services and acting as a consultant I want to introduce 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 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 carefully with our um HR department too to handle different legal and HR matters that show up so truly delighted 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 experts totally free to do fantastic
Execution Challenges:
Although Papaya Global provides combinations with numerous HR and finance systems, we experienced some difficulties throughout the integration process. Customizing the software to align with our existing infrastructure showed to be more complicated than expected, leading to hold-ups in the preliminary rollout.
Prices Issues:
The comprehensive features offered by Papaya Global come at a cost, which some of our smaller sized subsidiaries found to be excessively expensive. As an international company, we needed to thoroughly weigh the need for sophisticated functionality versus spending plan restraints.
Assistance Reaction Time:
On occasion, our teams experienced problems that needed urgent help. Nevertheless, the reaction time from Papaya Global’s client assistance group was not always as prompt as we would have liked, causing delays in fixing those issues.
Our application of involved a phased technique. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing processes. This enabled us to determine and resolve combination challenges early on. As the software became more ingrained in our operations, we slowly broadened its usage to cover our entire worldwide workforce.
The automated features streamlined our payroll processes, lowering the time spent on manual estimations and compliance tracking. Routine training sessions and continuous assistance from Papaya assisted our teams become competent users of the software application, maximizing its capacity for our organization.
Companies that employee workers throughout multiple countries typically face elaborate difficulties when it concerns managing their labor force. One of the biggest difficulties is consolidating numerous information streams and sticking to diverse regional and nationwide labor regulations, which can be both time-consuming and pricey. Additionally, setting up regional entities in new areas can be a costly and suboptimal option, with alternatives such as opening a foreign subsidiary or working with a professional work organization (PEO) frequently charging up to 15% of the payroll. These difficulties have resulted in a considerable boost in trouble hiring qualified workers, with 75% of companies reporting this issue in 2022, a 21% increase from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
provides an option supporting all kinds of work. It supplies an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, offers management of employment benefits, and makes sure data 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 labor force management. She co-founded after seeing the innovation space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to receive your credits if you have any concerns during the webcast please click 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 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 hi and thank you for joining us today we’re thrilled to have you here as we start a journey of information to regulation achieving
360 degree staff member compliance where we’ll dive into the important aspects of the worker compliance management design throughout the session we’ll explore real world difficulties real local guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to secure your organization and workers while remaining compliant in an
Ever developing regulatory environment in the everchanging world of service and finance guaranteeing compliance with payroll regulations is not only vital but likewise a legal crucial from the moment of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have far-reaching consequences nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not only browse the detailed landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools necessary to navigate the complex Terrain of compliance whether you’re a skilled P specialist a small company owner or somebody brand-new to the field what I want to do before we start and I believe it’s truly crucial
In our mission to improve efficiency and accuracy in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex job of managing throughout various countries, currencies, and compliance policies.