The COVID-19 pandemic, combined with advancements in enterprise connection software application… Will Papaya Global Run Without Sage …
insights are important to us and and your fellow participants so first things initially 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 roles in all kind of Industries retail and Appeal to Aerospace in all kinds of businesses startup to matrixed environments around the world I supplied management and strategy to populations of more than 100,000 employees on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya
Worldwide I work across the business guy maning and developing external relationships supporting Business clients and options and serving as an advisor I wish to introduce our very 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal team and actually work extremely carefully with our um HR department as well to manage different legal and HR matters that come up so actually 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 specialists complimentary to do terrific
Application Obstacles:
Although Papaya Global provides integrations with various HR and finance systems, we encountered some obstacles throughout the integration process. Customizing the software application to align with our existing infrastructure proved to be more complicated than expected, leading to hold-ups in the preliminary rollout.
Prices Issues:
The extensive features provided by Papaya Global come at an expense, which some of our smaller subsidiaries discovered to be prohibitively pricey. As a global organization, we had to carefully weigh the need for advanced performance against spending plan constraints.
Support Reaction Time:
On occasion, our teams experienced concerns that needed urgent support. However, the reaction time from Papaya Global’s consumer assistance group was not always as timely as we would have liked, causing hold-ups in resolving those concerns.
Our application of involved a phased method. We began by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This permitted us to determine and attend to integration challenges early on. As the software became more ingrained in our operations, we gradually expanded its usage to cover our whole international workforce.
The automated functions structured our payroll procedures, reducing the time spent on manual calculations and compliance tracking. Routine training sessions and ongoing support from Papaya assisted our teams become proficient users of the software application, optimizing its capacity for our organization.
Nevertheless, paying a workforce can be intricate. It is particularly challenging for business who use personnel throughout multiple countries, as they must constantly combine various data streams, by hand track local and national labor and regulations, and spend valuable time and resources to establish regional entities in new locations. These business are faced with suboptimal, expensive choices, like opening a foreign subsidiary or working with an expert work organization, which is a local firm that employs workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported difficulty recruiting certified workers, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is forecasted to reach $50.4 billion by 2030.
provides a solution supporting all types of employment. It provides an end-to-end platform, from employee onboarding and continuous management to global payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of work advantages, and ensures 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 professional 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 go to 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 internet browser with the webcast study please be sure to complete 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 hi and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline achieving
360 degree staff member compliance where we’ll dive into the vital elements of the staff member compliance management model throughout the session we’ll check out real world challenges real local policies finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your company and workers while remaining compliant in an
Ever progressing regulatory environment in the everchanging world of organization and financing ensuring compliance with payroll guidelines is not just important but likewise a legal essential from the minute of hiring to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance risks that have significant consequences nevertheless with a much deeper more nuanced understanding of their obligations organizations can not just browse the complex landscape but also proactively ensure this 360 degree compliance the webinar is developed to equip you with the understanding and tools essential to navigate the complex Surface of compliance whether you’re an experienced P expert a small business owner or somebody new to the field what I would like to do before we start and I believe it’s really important
In our quest to improve performance and accuracy in handling our global labor force, our international corporation turned to, a leading and workforce management software. The shift intended to simplify the complex job of handling across different countries, currencies, and compliance regulations.