The COVID-19 pandemic, combined with developments in enterprise connectivity software application… Papaya Global Payroll Canada …
insights are valuable 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 Charm to Aerospace in all kinds of services start-up to matrixed environments around the world I offered leadership and technique to populations of more than 100,000 employees on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Worldwide I work across the business man maning and developing external relationships supporting Business clients and services and acting as a consultant I ‘d like to present our 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 really work really closely with our um HR department also to deal with different legal and HR matters that turn up so truly delighted to be here about bambo HR if if you’re not familiar with us uh at bambo HR we say our mission is to set you as HR specialists complimentary to do great
Although Papaya Global provides integrations with various HR and financing systems, we experienced some difficulties throughout the integration process. Tailoring the software application to line up with our existing infrastructure proved to be more complex than anticipated, leading to delays in the preliminary rollout.
The extensive features provided by Papaya Global come at an expense, which some of our smaller subsidiaries found to be excessively costly. As a global organization, we had to carefully weigh the need for advanced performance versus budget restrictions.
Assistance Action Time:
On occasion, our groups experienced issues that required urgent assistance. Nevertheless, the action time from Papaya Global’s customer assistance team was not always as prompt as we would have liked, causing hold-ups in resolving those problems.
Our execution of included a phased method. We began by onboarding a couple of subsidiaries to check the system’s compatibility with our existing processes. This permitted us to determine and attend to combination obstacles early on. As the software application ended up being more ingrained in our operations, we gradually broadened its usage to cover our whole worldwide labor force.
The automated functions streamlined our payroll procedures, minimizing the time invested in manual calculations and compliance tracking. Regular training sessions and continuous assistance from Papaya assisted our teams end up being competent users of the software application, maximizing its potential for our company.
However, paying a workforce can be complicated. It is particularly challenging for companies who use staff across several countries, as they must continuously consolidate different information streams, manually track regional and national labor and regulations, and invest valuable time and resources to establish local entities in brand-new areas. These companies are faced with suboptimal, pricey options, like opening a foreign subsidiary or employing a professional employment organization, which is a regional firm that works with staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble hiring qualified workers, an increase 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.
offers a service supporting all types of work. It offers an end-to-end platform, from staff member onboarding and continuous management to worldwide payments and. It helps business with labor law compliance in the jurisdictions in which they operate, offers management of employment benefits, 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 space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to attend the complete webcast in order to get your credits if you have any concerns throughout the webcast please click 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 soon as the webcast has ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hi and thank you for joining us today we’re enjoyed have you here as we embark on a journey of data to guideline attaining
360 degree staff member compliance where we’ll dive into the vital aspects of the worker compliance management model throughout the session we’ll check out real world difficulties genuine local regulations best practices and the role of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to secure your company and employees while remaining compliant in an
Ever developing regulative environment in the everchanging world of business and finance making sure compliance with payroll regulations is not only crucial however likewise a legal crucial from the minute of working with to the in intri complexities even sorry of termination every step along the worker journey is Frau with compliance dangers that have far-reaching repercussions nevertheless with a deeper more nuanced understanding of their responsibilities companies can not only navigate the complex landscape but also proactively ensure this 360 degree compliance the webinar is developed to equip you with the understanding and tools needed to browse the complex Surface of compliance whether you’re a seasoned P professional a small company owner or somebody brand-new to the field what I wish to do before we begin and I think it’s truly crucial
In our quest to boost performance and accuracy in managing our international labor force, our multinational corporation turned to, a leading and workforce management software. The transition aimed to simplify the complex job of managing throughout numerous countries, currencies, and compliance policies.