The COVID-19 pandemic, combined with advancements in enterprise connection software application… Papaya Global Restricted Mode …
insights are important to us and and your fellow guests so first things initially though um let’s be familiar with everybody my name is Ian Charles and I’ve operated in payroll for the last 25 years I have actually had functions in all sort of Industries retail and Appeal to Aerospace in all types of companies startup to matrixed environments around the world I provided management and technique to populations of more than 100,000 staff members on a monthly basis and in over 170 nations today I’m the perel strategist for papaya
Global I work throughout business man maning and building external relationships supporting Enterprise clients and services and serving as an advisor I want to introduce our first Greg um guest Greg who will kick things off by telling 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 internal legal group and actually work really carefully with our um HR department also to handle numerous legal and HR matters that turn up so actually thrilled to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our objective is to set you as HR specialists complimentary to do great
Although Papaya Global offers integrations with various HR and financing systems, we came across some hurdles throughout the combination process. Personalizing the software application to align with our existing facilities proved to be more complicated than prepared for, resulting in hold-ups in the initial rollout.
The substantial features offered by Papaya Global come at a cost, which a few of our smaller subsidiaries found to be excessively pricey. As an international organization, we had to carefully weigh the need for innovative performance against spending plan restrictions.
Support Reaction Time:
On occasion, our groups experienced problems that required urgent assistance. Nevertheless, the action time from Papaya Global’s consumer assistance team was not always as prompt as we would have liked, causing hold-ups in fixing those issues.
Our application of included a phased method. We started by onboarding a couple of subsidiaries to check the system’s compatibility with our existing procedures. This permitted us to determine and deal with combination challenges early on. As the software application became more ingrained in our operations, we slowly broadened its usage to cover our whole global workforce.
The automated features structured our payroll procedures, minimizing the time spent on manual estimations and compliance tracking. Regular training sessions and ongoing support from Papaya assisted our groups become skilled users of the software, maximizing its potential for our company.
Nevertheless, paying a labor force can be complicated. It is especially challenging for business who utilize personnel throughout numerous nations, as they must constantly consolidate different data streams, manually track regional and national labor and policies, and invest important time and resources to set up regional entities in new locations. These companies are confronted with suboptimal, pricey choices, like opening a foreign subsidiary or working with a professional employment company, which is a local company that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting qualified workers, a boost of 21% from 2019. The payroll & HR solutions market was valued at $26.4 billion in 2022 and is predicted to reach $50.4 billion by 2030.
uses a service supporting all types of employment. It supplies an end-to-end platform, from worker onboarding and ongoing management to international payments and. It helps companies with labor law compliance in the jurisdictions in which they operate, offers management of employment advantages, and makes sure 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 expert in payroll and labor force management. She co-founded after seeing the technology gap in global.
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 questions throughout the webcast please click the Q&A tab in your webinar controls and type the there a new tab will open in your web browser with the webcast study please make certain 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 thrilled to have you here as we embark on a journey of information to guideline accomplishing
360 degree employee compliance where we’ll dive into the necessary elements of the employee compliance management model throughout the session we’ll explore real world challenges genuine local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to safeguard your company and workers while staying compliant in an
Ever progressing regulative environment in the everchanging world of organization and financing guaranteeing compliance with payroll regulations is not only important however likewise a legal vital from the minute of employing to the in intri complexities even sorry of termination every step along the employee journey is Frau with compliance threats that have far-reaching repercussions however with a deeper more nuanced understanding of their responsibilities organizations can not just navigate the intricate landscape but also proactively guarantee this 360 degree compliance the webinar is developed to equip you with the understanding and tools required to browse the complex Surface of compliance whether you’re an experienced P specialist a small company owner or someone brand-new to the field what I would like to do before we start and I think it’s really important
In our mission to improve performance and precision in managing our global workforce, our multinational corporation turned to, a leading and labor force management software. The shift aimed to streamline the complex job of managing throughout numerous nations, currencies, and compliance regulations.