The COVID-19 pandemic, integrated with advancements in business connectivity software… Recording Covid Ssp On Papaya Global …
insights are valuable to us and and your fellow participants so first things initially though um let’s learn more about 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 type of Industries retail and Beauty to Aerospace in all types of companies startup to matrixed environments around the world I offered leadership and strategy to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across the business man maning and constructing external relationships supporting Business customers and services and functioning as an advisor I want to present 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 said my name is Greg Piper uh I am the senior business counsil at bambo HR so I lead our in-house legal group and really work really carefully with our um HR department too to handle various legal and HR matters that show up so really 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 professionals free to do excellent
Application Obstacles:
Although Papaya Global provides integrations with various HR and financing systems, we came across some hurdles during the integration procedure. Customizing the software to align with our existing infrastructure proved to be more complicated than expected, leading to delays in the initial rollout.
Prices Issues:
The extensive functions offered by Papaya Global come at an expense, which a few of our smaller sized subsidiaries found to be prohibitively expensive. As a worldwide organization, we had to carefully weigh the need for innovative functionality versus budget plan restrictions.
Assistance Reaction Time:
On occasion, our teams experienced problems that required immediate assistance. Nevertheless, the reaction time from Papaya Global’s client support group was not always as timely as we would have liked, leading to hold-ups in resolving those problems.
Our application of involved a phased method. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This permitted us to identify and deal with combination difficulties early on. As the software became more implanted in our operations, we slowly broadened its usage to cover our whole global labor force.
The automated features structured our payroll procedures, decreasing the time invested in manual calculations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups end up being proficient users of the software, optimizing its potential for our organization.
Companies that worker workers throughout several countries frequently face complex obstacles when it concerns managing their labor force. Among the biggest hurdles is consolidating numerous information streams and adhering to diverse regional and national labor policies, which can be both time-consuming and pricey. Additionally, establishing regional entities in new areas can be a costly and suboptimal choice, with alternatives such as opening a foreign subsidiary or working with an expert work organization (PEO) typically charging up to 15% of the payroll. These difficulties have led to a significant increase in problem hiring certified personnel, with 75% of employers reporting this problem in 2022, a 21% boost from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a solution supporting all types of employment. It provides an end-to-end platform, from staff member onboarding and continuous management to global payments and. It helps companies with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, 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 professional in payroll and workforce management. She co-founded after seeing the innovation gap in international.
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 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 browser with the webcast survey please be sure 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 guideline attaining
360 degree staff member compliance where we’ll dive into the important aspects of the staff member compliance management design throughout the session we’ll check out real life obstacles real regional guidelines best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your organization and workers while remaining certified in an
Ever progressing regulatory environment in the everchanging world of company and finance guaranteeing compliance with payroll regulations is not just essential but also a legal imperative from the minute of employing to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have significant consequences however with a much deeper more nuanced understanding of their responsibilities companies can not only browse the detailed landscape however likewise proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a seasoned P specialist a small company owner or somebody new to the field what I would like to do before we start and I believe it’s actually crucial
In our quest to improve effectiveness and accuracy in handling our international workforce, our international corporation turned to, a leading and labor force management software application. The transition intended to simplify the complex job of managing throughout numerous countries, currencies, and compliance guidelines.