The COVID-19 pandemic, combined with developments in business connection software… View Papaya Global Backup Without Sage …
insights are important to us and and your fellow attendees so first things first 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 functions in all type of Industries retail and Charm to Aerospace in all kinds of companies start-up to matrixed environments across the globe I offered management and strategy to populations of more than 100,000 staff members on a monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work throughout the business guy maning and developing external relationships supporting Enterprise clients and options and functioning 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 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 corporate counsil at bambo HR so I lead our internal legal group and actually work extremely carefully with our um HR department as well to deal with numerous legal and HR matters that turn up so truly thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we say our mission is to set you as HR specialists free to do terrific
Although Papaya Global offers integrations with different HR and finance systems, we came across some difficulties during the integration process. Tailoring the software to line up with our existing facilities showed to be more complex than expected, leading to hold-ups in the preliminary rollout.
The extensive functions offered by Papaya Global come at an expense, which a few of our smaller subsidiaries found to be excessively pricey. As a global company, we had to carefully weigh the requirement for advanced functionality against budget plan restrictions.
Support Reaction Time:
On occasion, our groups experienced issues that required immediate help. Nevertheless, the response time from Papaya Global’s customer support team was not constantly as prompt as we would have liked, leading to hold-ups in dealing with those concerns.
Our implementation of involved a phased method. We started by onboarding a few subsidiaries to check the system’s compatibility with our existing processes. This allowed us to recognize and resolve combination obstacles early on. As the software application ended up being more implanted in our operations, we slowly expanded its usage to cover our entire international labor force.
The automated functions streamlined our payroll procedures, minimizing the time invested in manual computations and compliance tracking. Routine training sessions and continuous support from Papaya helped our groups become proficient users of the software, optimizing its potential for our company.
Nevertheless, paying a workforce can be complicated. It is particularly challenging for business who utilize staff throughout multiple nations, as they must continuously combine different data streams, manually track regional and nationwide labor and policies, and invest valuable time and resources to set up local entities in new areas. These business are faced with suboptimal, pricey options, like opening a foreign subsidiary or working with a professional employment organization, which is a local company that hires workers on their behalf and can charge up to 15% of. By 2022, 75% of companies reported difficulty recruiting certified personnel, an increase of 21% from 2019. The payroll & HR options market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
provides an option supporting all forms of employment. It provides an end-to-end platform, from worker onboarding and ongoing management to international payments and. It helps business with labor law compliance in the jurisdictions in which they operate, provides management of employment benefits, and guarantees information 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 space in global.
papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to go to the complete 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 internet browser with the webcast study please be sure to finish it as soon 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 thrilled to have you here as we embark on a journey of information to regulation achieving
360 degree employee compliance where we’ll dive into the necessary elements of the staff member compliance management design throughout the session we’ll check out real life obstacles genuine local 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 employees while staying compliant in an
Ever developing regulative environment in the everchanging world of business and financing guaranteeing compliance with payroll guidelines is not only crucial but also a legal essential from the minute of employing to the in intri complexities even sorry of termination every step along the staff member journey is Frau with compliance threats that have far-reaching consequences nevertheless with a deeper more nuanced understanding of their commitments organizations can not just navigate the complex landscape but also proactively ensure this 360 degree compliance the webinar is designed to equip you with the understanding and tools essential to browse the complex Terrain of compliance whether you’re an experienced P professional a small company owner or someone brand-new to the field what I want to do before we start and I think it’s really essential
In our quest to enhance effectiveness and precision in handling our global labor force, our multinational corporation turned to, a leading and labor force management software. The shift aimed to simplify the complex task of managing throughout various nations, currencies, and compliance regulations.