The COVID-19 pandemic, combined with improvements in business connectivity software… Papaya Global Track Vacation …
insights are valuable 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’ve operated in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Appeal to Aerospace in all kinds of companies startup to matrixed environments around the world I provided leadership and method to populations of more than 100,000 workers on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across business guy maning and building external relationships supporting Business customers and solutions and serving as an advisor 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 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 internal legal team and in fact work extremely closely with our um HR department as well to handle different legal and HR matters that show up so actually excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR experts totally free to do great
Application Barriers:
Although Papaya Global offers combinations with numerous HR and financing systems, we came across some hurdles during the combination process. Customizing the software to align with our existing facilities showed to be more intricate than expected, leading to hold-ups in the preliminary rollout.
Pricing Issues:
The extensive functions used by Papaya Global come at a cost, which a few of our smaller subsidiaries discovered to be excessively costly. As a worldwide organization, we needed to thoroughly weigh the need for sophisticated performance against budget restrictions.
Support Response Time:
On occasion, our groups experienced problems that required immediate assistance. However, the reaction time from Papaya Global’s client support group was not always as prompt as we would have liked, leading to delays in solving those concerns.
Our application of included a phased technique. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This allowed us to identify and deal with integration difficulties early on. As the software became more instilled in our operations, we slowly expanded its use to cover our whole international labor force.
The automated features structured our payroll processes, lowering the time spent on manual calculations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams become proficient users of the software, maximizing its capacity for our company.
However, paying a workforce can be intricate. It is especially challenging for business who employ personnel across multiple nations, as they need to continuously consolidate different information streams, manually track local and national labor and regulations, and spend valuable time and resources to set up regional entities in new areas. These companies are faced with suboptimal, costly options, like opening a foreign subsidiary or working with an expert employment organization, which is a regional company that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble hiring certified workers, a boost of 21% from 2019. The payroll & HR services market was valued at $26.4 billion in 2022 and is projected to reach $50.4 billion by 2030.
offers an option supporting all forms of employment. It supplies an end-to-end platform, from employee onboarding and ongoing management to worldwide payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of work advantages, and guarantees 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 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 questions 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 web browser with the webcast study please make certain 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 presentation hey there and thank you for joining us today we’re enjoyed have you here as we start a journey of information to policy accomplishing
360 degree employee compliance where we’ll dive into the necessary elements of the staff member compliance management model throughout the session we’ll explore real world challenges genuine local guidelines finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and staff members while remaining compliant in an
Ever progressing regulative environment in the everchanging world of service and financing ensuring compliance with payroll policies is not only vital however likewise a legal vital from the moment of hiring to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance risks that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their obligations organizations can not only browse the elaborate landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools needed to navigate the complex Surface of compliance whether you’re a skilled P professional a small company owner or someone new to the field what I wish to do before we begin and I believe it’s truly essential
In our mission to enhance performance and accuracy in handling our worldwide workforce, our international corporation turned to, a leading and workforce management software. The transition intended to simplify the complex task of managing across various countries, currencies, and compliance guidelines.