The COVID-19 pandemic, combined with developments in enterprise connectivity software… Papaya Global Update Furlough …
insights are valuable to us and and your fellow guests so first things first though um let’s learn more about everybody 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 Appeal to Aerospace in all types of companies startup to matrixed environments across the globe I offered management and technique to populations of more than 100,000 staff members on a regular monthly basis and in over 170 countries today I’m the perel strategist for papaya
Global I work across the business man maning and constructing external relationships supporting Enterprise customers and options and functioning as an advisor I wish to present our 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our internal legal group and in fact work extremely carefully with our um HR department as well to deal with numerous legal and HR matters that show up so truly delighted 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 professionals totally free to do great
Although Papaya Global supplies combinations with numerous HR and financing systems, we encountered some obstacles during the combination process. Customizing the software to align with our existing infrastructure proved to be more complex than anticipated, resulting in delays in the preliminary rollout.
The substantial functions used by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be prohibitively costly. As a worldwide company, we had to carefully weigh the requirement for innovative performance versus budget constraints.
Assistance Action Time:
On occasion, our teams experienced problems that needed urgent help. Nevertheless, the response time from Papaya Global’s customer support group was not always as timely as we would have liked, leading to delays in dealing with those concerns.
Our application of involved a phased method. We started by onboarding a couple of subsidiaries to test the system’s compatibility with our existing procedures. This allowed us to determine and attend to integration challenges early on. As the software application became more implanted in our operations, we gradually broadened its use to cover our whole international labor force.
The automated features structured our payroll processes, minimizing the time invested in manual computations and compliance tracking. Routine training sessions and ongoing support from Papaya assisted our groups become skilled users of the software application, maximizing its capacity for our company.
Business that employee workers throughout multiple countries typically face elaborate obstacles when it comes to handling their labor force. Among the greatest obstacles is consolidating different data streams and adhering to varied regional and national labor policies, which can be both time-consuming and expensive. Moreover, setting up regional entities in new regions can be a costly and suboptimal option, with options such as opening a foreign subsidiary or employing an expert work company (PEO) frequently charging up to 15% of the payroll. These obstacles have actually resulted in a significant increase in problem recruiting certified personnel, with 75% of companies reporting this concern in 2022, a 21% increase from 2019. The payroll and HR solutions market, valued at $26.4 billion in 2022, is expected to reach $50.4 billion by 2030.
uses a solution supporting all forms of work. It supplies an end-to-end platform, from worker 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 work advantages, and guarantees data 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 workforce management. She co-founded after seeing the technology space in international.
papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to participate in the complete webcast in order to receive your credits if you have any concerns during the webcast please click on 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 make sure to finish 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 hey there and thank you for joining us today we’re enjoyed have you here as we start a journey of data to guideline accomplishing
360 degree employee compliance where we’ll dive into the essential elements of the employee compliance management design throughout the session we’ll explore real world challenges real regional regulations finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a comprehensive understanding of how to protect your organization and workers while staying certified in an
Ever developing regulatory environment in the everchanging world of service and financing guaranteeing compliance with payroll regulations is not only crucial but also a legal essential from the moment of hiring to the in intri intricacies even sorry of termination every step along the employee journey is Frau with compliance dangers that have far-reaching repercussions however with a deeper more nuanced understanding of their obligations organizations can not just navigate the detailed landscape however also proactively ensure this 360 degree compliance the webinar is designed to equip you with the knowledge and tools needed to browse the complex Terrain of compliance whether you’re a skilled P professional a small business owner or somebody brand-new to the field what I would like to do before we start and I believe it’s actually crucial
In our quest to enhance effectiveness and accuracy in handling our international labor force, our international corporation turned to, a leading and workforce management software application. The shift intended to streamline the complex task of handling across different countries, currencies, and compliance guidelines.