The COVID-19 pandemic, integrated with advancements in enterprise connectivity software application… Papaya Global Payroll Integrations …
insights are important to us and and your fellow guests so first things first though um let’s be familiar with everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had functions in all kind of Industries retail and Appeal to Aerospace in all types of businesses start-up to matrixed environments around the world I offered management and strategy to populations of more than 100,000 workers on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business guy maning and developing external relationships supporting Business clients and solutions and acting as a consultant I ‘d like to introduce our first Greg um visitor 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 stated 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 extremely closely with our um HR department as well to manage different legal and HR matters that come up so really excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR experts free to do great
Execution Barriers:
Although Papaya Global supplies combinations with various HR and financing systems, we encountered some obstacles during the integration procedure. Customizing the software to line up with our existing infrastructure proved to be more intricate than prepared for, leading to hold-ups in the initial rollout.
Pricing Concerns:
The extensive functions offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be prohibitively expensive. As a worldwide company, we needed to carefully weigh the requirement for advanced functionality against spending plan constraints.
Support Action Time:
On occasion, our teams experienced issues that required immediate support. However, the response time from Papaya Global’s customer assistance group was not constantly as prompt as we would have liked, leading to hold-ups in solving those issues.
Our implementation of included a phased method. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to determine and deal with combination challenges early on. As the software application became more instilled in our operations, we gradually broadened its usage to cover our entire global workforce.
The automated features structured our payroll procedures, lowering the time spent on manual computations and compliance tracking. Regular training sessions and ongoing assistance from Papaya assisted our teams become skilled users of the software application, maximizing its potential for our company.
Companies that staff member workers throughout numerous nations typically deal with complex difficulties when it concerns managing their workforce. Among the biggest difficulties is consolidating different information streams and adhering to diverse local and national labor guidelines, which can be both lengthy and costly. Furthermore, setting up regional entities in new regions can be a pricey and suboptimal alternative, with alternatives such as opening a foreign subsidiary or working with a professional work company (PEO) typically charging up to 15% of the payroll. These difficulties have led to a considerable increase in trouble recruiting certified workers, with 75% of companies reporting this problem in 2022, a 21% increase from 2019. The payroll and HR services market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.
uses a solution supporting all kinds of employment. 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 work advantages, and ensures information personal 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 workforce management. She co-founded after seeing the innovation space in international.
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 get your credits if you have any questions 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 internet browser with the webcast study please make certain to complete it as soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hey there and thank you for joining us today we’re enjoyed have you here as we start a journey of information to regulation achieving
360 degree employee compliance where we’ll dive into the essential elements of the employee compliance management design throughout the session we’ll explore real world obstacles genuine local policies best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to safeguard your organization and staff members while staying compliant in an
Ever evolving regulatory environment in the everchanging world of business and financing guaranteeing compliance with payroll regulations is not just essential however also a legal necessary from the minute of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance risks that have far-reaching repercussions however with a deeper more nuanced understanding of their obligations companies can not only navigate the detailed landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools necessary to navigate the complex Surface of compliance whether you’re a seasoned P professional a small company owner or someone new to the field what I wish to do before we start and I believe it’s actually important
In our quest to boost efficiency and precision in managing our worldwide labor force, our international corporation turned to, a leading and workforce management software application. The transition intended to simplify the complex task of handling throughout different nations, currencies, and compliance policies.