The COVID-19 pandemic, integrated with developments in enterprise connectivity software application… Square Vs Oasis Vs Papaya Global Payroll Service …
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 have actually worked in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Appeal to Aerospace in all types of organizations start-up to matrixed environments across the globe I offered leadership and method to populations of more than 100,000 staff members on a regular monthly basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work throughout business man maning and building external relationships supporting Enterprise customers and services and serving as a consultant I want to present our first Greg um guest Greg who will kick things off by telling 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 business counsil at bambo HR so I lead our internal legal team and in fact work really carefully with our um HR department also to handle different legal and HR matters that show 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 professionals free to do fantastic
Application Challenges:
Although Papaya Global offers integrations with different HR and financing systems, we experienced some obstacles during the combination procedure. Tailoring the software application to align with our existing infrastructure showed to be more intricate than anticipated, resulting in hold-ups in the initial rollout.
Pricing Issues:
The extensive functions used by Papaya Global come at an expense, which a few of our smaller sized subsidiaries discovered to be prohibitively pricey. As an international company, we had to thoroughly weigh the need for advanced performance versus budget restraints.
Assistance Reaction Time:
On occasion, our groups experienced problems that needed urgent help. However, the action time from Papaya Global’s client assistance team was not always as timely as we would have liked, resulting in delays in solving those issues.
Our implementation of included a phased technique. We started by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing processes. This enabled us to recognize and resolve integration obstacles early on. As the software application became more implanted in our operations, we gradually expanded its usage to cover our whole global workforce.
The automated features structured our payroll procedures, reducing the time spent on manual calculations and compliance tracking. Routine training sessions and continuous assistance from Papaya helped our teams become competent users of the software, maximizing its capacity for our company.
Companies that worker workers across multiple nations frequently deal with detailed challenges when it comes to handling their labor force. One of the greatest difficulties is combining different data streams and adhering to diverse regional and national labor policies, which can be both lengthy and costly. Furthermore, setting up local entities in new areas can be a costly and suboptimal choice, with options such as opening a foreign subsidiary or working with an expert work organization (PEO) typically charging up to 15% of the payroll. These challenges have led to a significant boost in difficulty hiring qualified personnel, with 75% of employers reporting this issue 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.
provides a solution supporting all types of employment. It provides an end-to-end platform, from worker onboarding and continuous management to international payments and. It assists companies with labor law compliance in the jurisdictions in which they operate, uses management of employment advantages, and guarantees data 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 technology gap in international.
papaya this webcast has actually been pre-approved for hrci and Sherm credit please make sure to attend the total webcast in order to get your credits if you have any concerns during the webcast please click on 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 make sure to complete it as quickly as the webcast has actually 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 thrilled to have you here as we start a journey of information to guideline achieving
360 degree employee compliance where we’ll dive into the essential aspects of the worker compliance management model throughout the session we’ll check out real life difficulties genuine regional regulations finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to secure your company and workers while staying compliant in an
Ever progressing regulative environment in the everchanging world of business and financing ensuring compliance with payroll policies is not just important but also a legal important from the minute of employing to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance dangers that have significant consequences nevertheless with a deeper more nuanced understanding of their responsibilities organizations can not just navigate the intricate 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 an experienced P expert a small company owner or somebody new to the field what I wish to do before we begin and I think it’s really important
In our quest to improve efficiency and precision in handling our worldwide labor force, our international corporation turned to, a leading and labor force management software. The shift aimed to streamline the complex job of handling throughout different nations, currencies, and compliance policies.