The COVID-19 pandemic, combined with improvements in business connection software application… Can I Use Papaya Global Payroll Without Papaya Global …
insights are important to us and and your fellow attendees so first things initially though um let’s be familiar with everyone my name is Ian Charles and I’ve worked in payroll for the last 25 years I’ve had roles in all kind of Industries retail and Beauty to Aerospace in all types of companies startup to matrixed environments around the world I provided leadership and strategy to populations of more than 100,000 employees on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
International I work throughout business male maning and developing external relationships supporting Enterprise customers and solutions and serving as an advisor I wish to introduce our very first Greg um visitor Greg who will kick things off by informing 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 corporate counsil at bambo HR so I lead our in-house legal group and actually work really carefully with our um HR department too to deal with numerous legal and HR matters that come up so truly excited to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our objective is to set you as HR experts free to do great
Although Papaya Global offers combinations with numerous HR and financing systems, we came across some hurdles throughout the integration process. Customizing the software to line up with our existing facilities proved to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
The substantial functions used by Papaya Global come at a cost, which a few of our smaller sized subsidiaries found to be prohibitively pricey. As an international company, we needed to thoroughly weigh the requirement for innovative performance against spending plan restrictions.
Assistance Action Time:
On occasion, our teams experienced issues that required immediate assistance. However, the action time from Papaya Global’s customer support team was not constantly as timely as we would have liked, causing hold-ups in dealing with those problems.
Our implementation of included a phased method. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This enabled us to determine and attend to combination challenges early on. As the software application became more instilled in our operations, we slowly expanded its use to cover our entire international workforce.
The automated features structured our payroll processes, minimizing the time spent on manual computations and compliance tracking. Routine training sessions and ongoing assistance from Papaya helped our groups become skilled users of the software, maximizing its potential for our organization.
Companies that staff member workers throughout numerous countries typically face elaborate obstacles when it concerns handling their workforce. Among the biggest obstacles is consolidating numerous data streams and sticking to varied local and nationwide labor regulations, which can be both lengthy and costly. Furthermore, establishing local entities in new regions can be a pricey and suboptimal option, with alternatives such as opening a foreign subsidiary or working with a professional employment organization (PEO) often charging up to 15% of the payroll. These difficulties have caused a significant boost in problem hiring qualified workers, with 75% of companies reporting this issue 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 service supporting all types of work. It supplies an end-to-end platform, from worker onboarding and ongoing management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they run, uses management of work benefits, and ensures data 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 labor force management. She co-founded after seeing the innovation space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the total webcast in order to get your credits if you have any questions during the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your 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 discussion hello and thank you for joining us today we’re enjoyed have you here as we start a journey of data to policy accomplishing
360 degree staff member compliance where we’ll dive into the essential aspects of the worker compliance management model throughout the session we’ll explore real life challenges genuine local guidelines 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 staff members while staying certified in an
Ever progressing regulatory environment in the everchanging world of company and financing making sure compliance with payroll regulations is not only essential but also a legal important from the minute of working with to the in intri intricacies even sorry of termination every step along the worker journey is Frau with compliance threats that have far-reaching repercussions nevertheless with a much deeper more nuanced understanding of their responsibilities organizations can not just navigate the complex landscape but likewise proactively guarantee this 360 degree compliance the webinar is created to equip you with the understanding and tools necessary to navigate the complex Surface of compliance whether you’re a skilled P specialist a small business owner or somebody brand-new to the field what I would like to do before we begin and I believe it’s really essential
In our quest to improve effectiveness and accuracy in handling our global workforce, our international corporation turned to, a leading and labor force management software. The shift intended to simplify the complex task of handling across different countries, currencies, and compliance guidelines.