Papaya Global Demo 2024 – FAQ

Considerations and Papaya Global Demo …
The extensive features of come at a cost,

 

Over the past couple of decades, the workforce has actually undergone a significant change with the development of remote work, which has actually gotten rid of geographical restraints on hiring. This has made it possible for organizations to hire skill from all over the world, allowing them to put together the very best possible group for each role. As a result, workers have gained greater versatility to work from home and increase their revenues without needing to move to costly locations or commute fars away. According to a 2022 study, 87% of workers who have the option to work remotely choose to do so. The COVID-19 pandemic, integrated with developments in enterprise connection software application, has even more accelerated the shift towards remote work, even in industries that were at first hesitant to embrace the pattern.

insights are valuable to us and and your fellow attendees so first things first though um let’s learn more about everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I’ve had functions in all kind of Industries retail and Charm to Aerospace in all kinds of services startup to matrixed environments around the world I supplied 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

Worldwide I work across the business guy maning and developing external relationships supporting Business customers and options and acting as a consultant I want to introduce our very first Greg um guest Greg who will kick things off by telling 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 in-house legal group and really work very carefully with our um HR department as well to manage different legal and HR matters that turn up so really thrilled to be here about bambo HR if if you’re not knowledgeable about us uh at bambo HR we state our mission is to set you as HR experts complimentary to do terrific

Application Obstacles:
Although Papaya Global supplies integrations with different HR and finance systems, we experienced some obstacles throughout the integration procedure. Tailoring the software application to line up with our existing infrastructure showed to be more complex than expected, leading to hold-ups in the initial rollout.

Rates Issues:
The extensive features offered by Papaya Global come at an expense, which a few of our smaller subsidiaries discovered to be prohibitively expensive. As an international company, we had to thoroughly weigh the need for advanced functionality against budget plan restrictions.

Assistance Response Time:
On occasion, our teams experienced problems that required urgent assistance. Nevertheless, the response time from Papaya Global’s customer support group was not always as timely as we would have liked, resulting in delays in fixing those concerns.

Our application of involved a phased technique. We began by onboarding a few subsidiaries to evaluate the system’s compatibility with our existing procedures. This allowed us to recognize and address integration difficulties early on. As the software became more instilled in our operations, we gradually expanded its usage to cover our whole global labor force.

The automated features structured our payroll procedures, lowering the time invested in manual computations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our groups become proficient users of the software application, maximizing its potential for our company.

Companies that staff member workers throughout several nations often deal with detailed difficulties when it pertains to handling their labor force. Among the most significant difficulties is consolidating numerous data streams and sticking to diverse regional and nationwide labor guidelines, which can be both time-consuming and pricey. Moreover, establishing regional entities in new areas can be an expensive and suboptimal alternative, with options 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 led to a considerable boost in problem hiring qualified workers, with 75% of companies reporting this concern in 2022, a 21% boost from 2019. The payroll and HR options market, valued at $26.4 billion in 2022, is anticipated to reach $50.4 billion by 2030.

uses a solution supporting all forms of work. It supplies an end-to-end platform, from staff member onboarding and ongoing management to global payments and. It helps business with labor law compliance in the jurisdictions in which they run, offers management of work advantages, and makes sure data personal 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 gap in worldwide.

papaya this webcast has actually been pre-approved for hrci and Sherm credit please be sure to go to the total 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 survey please be 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 presentation hi and thank you for joining us today we’re enjoyed have you here as we start a journey of information to guideline achieving

360 degree employee compliance where we’ll dive into the necessary aspects of the employee compliance management design throughout the session we’ll explore real world challenges genuine local guidelines finest practices and the role of Automotion in simplying compliance journey be prepared to emerge in a detailed understanding of how to protect your company and workers while remaining compliant in an

Papaya Global Demo 2023 – Dedicated for Global Workforce

As the recently retired CEO of one of The United States and Canada’s largest tech companies…Papaya Global Demo… I had the privilege of witnessing the evolution of payroll management firsthand. From the days of manual computations and stacks of documents in 1995 to the seamless, automatic systems of today, the improvement has been absolutely nothing short of exceptional. In this post, I will share my experiences and highlight the game-changing role played by Papaya Global, an innovative software application supplier that transformed how we managed our business’s compensation.

Rewinding back to 1995, management was a tiresome and lengthy process. HR departments had to manually calculate staff member wages, reductions, and tax withholdings.

Over the years, technological improvements slowly improved payroll processes. The introduction of spreadsheets streamlined computations, but the underlying challenges remained. As our business grew, so did the complexity of our requirements. We required a scalable option that might manage our broadening international workforce.

Go Into Papaya Global: A Game-Changer in Payroll Management
In our quest for an extensive payroll solution, we discovered. Founded in 2016, became a disruptor in the market, leveraging innovative innovation to improve and automate procedures for multinational companies. Their cloud-based platform used end-to-end management, dealing with everything from staff member onboarding to tax compliance.

stood out for several reasons:

Seamless Onboarding: Papaya Global streamlined the onboarding procedure, allowing staff members to enter their info directly into the platform. This removed the need for manual data entry, lowering errors and saving important time.

International Coverage: With a growing global existence, our business required a payroll supplier capable of dealing with operations in numerous nations.’s worldwide coverage and competence guaranteed compliance with local policies, reducing the concern on our HR groups.

Automation and Combination: incorporated with our existing HR systems, enabling smooth information flow and getting rid of the need for replicate entry. The automation of computations and tax withholdings considerably lowered mistakes, making sure precise and prompt payments.

Compliance Facilitated: Remaining certified with ever-changing tax and labor laws is a difficulty for multinational companies.’s robust compliance engine handled intricate payroll policies easily, guaranteeing we remained in excellent standing with regional authorities.

Reporting and Analytics:’s user-friendly dashboard supplied real-time insights into our payroll information. We gained exposure into expenses, labor circulation, and compliance metrics, empowering us to make data-driven decisions and enhance our workforce management strategies.

Scalability: As our business expanded, Papaya Global scaled effortlessly with our development. Whether it was adding new workers or entering brand-new markets, their platform proved to be adaptable and flexible to our progressing requirements.

vs. Competitor X: A Head-to-Head Comparison
To offer a detailed examination, let’s compare to a leading rival in the payroll market, Rival X. While Rival X is unquestionably a trustworthy provider, provides several unique advantages:

Papaya Global Pros:

Advanced Automation:’s automation capabilities beat Rival X, reducing manual effort and enhancing precision.

Worldwide Proficiency:’s thorough understanding of international guidelines surpasses Rival X, ensuring compliance across borders.

Seamless Integration:’s smooth combination with existing systems lessens disturbance and data transfer difficulties compared to Rival X.

Reporting and Analytics:’s analytics features provide deeper insights and customizable reporting options, using a remarkable data-driven approach.

Scalability and Flexibility:’s platform easily accommodates organizational growth and altering labor force dynamics, going beyond Rival X in scalability.

Onboarding Experience: Papaya Global’s easy to use onboarding experience simplifies employee information collection, while Competitor X falls short in this regard.

Cons:

Learning Curve: While Papaya Global’s platform is user-friendly, it might need some preliminary training for HR teams unfamiliar with the system.

Rates Structure:’s rates design may be a little greater compared to Competitor X, although the added worth justifies the investment.

Restricted Language Assistance:’s language support may not be as substantial as Competitor X in specific regions.

Consumer Support: While normally responsive,’s customer support could benefit from additional enhancement to match the industry’s leading standards.

has transformed our company’s payroll management, changing an error-prone and as soon as manual process into a structured, automated, and compliant system. Their extensive option and commitment to development have actually made them a real industry leader. By leveraging’s innovative capabilities, we have saved time, decreased mistakes, and got valuable insights into our payroll information.

As they say, “Why did the payroll software go broke? Because it could not depend on anybody!” Luckily, with Papaya Global, that punchline stays nothing but a humorous suggestion of how far we have actually come in management.

As somebody accountable for accounts and HR in your company, you comprehend the requirement for a reliable service. In this short article, we will compare 2 leading software suppliers, and Deel.

: Streamlined Global Management

offers a thorough option with a strong concentrate on global management.

The platform integrates flawlessly with existing systems and enhances data transfer processes.
With, you can deal with complex payroll requirements, including tax compliance and reporting, for several nations easily.

The automated computations and robust compliance engine make sure accuracy and regulatory adherence.
The reporting and analytics functions provide real-time insights into information, enabling data-driven decision-making.

‘s scalability permits easy expansion as your organization grows.
Deel: Streamlining Worldwide Payments and Compliance

Deel mostly focuses on worldwide payments, professional management, and compliance.
The platform simplifies payments to professionals worldwide, guaranteeing accurate and prompt payment.
Deel’s compliance includes aid companies browse the intricacies of worldwide labor laws and tax policies.

The instinctive user interface and easy to use design make onboarding and handling contractors hassle-free.
Deel’s built-in file management makes sure proper recordkeeping and compliance with employment contracts.

The platform’s dashboard supplies a summary of specialist payments and monetary analytics.
Comparing and Deel:

To assist you decide in between and Deel, let’s analyze their key features, benefits, and restrictions.

:

Global Payroll Management:’s main strength depends on its capability to deal with intricacies for multinational companies.
Robust Compliance Engine: The platform excels in handling compliance with regional labor laws, tax regulations, and reporting requirements.
Smooth Integration: Papaya Global perfectly integrates with existing systems, minimizing data and interruptions transfer obstacles.

Real-time Reporting and Analytics: The reporting and analytics abilities supply important insights into expenses, labor distribution, and compliance metrics.
Scalability:’s solution quickly accommodates organizational growth and altering workforce dynamics.

Learning Curve: Initially, HR teams may need some training to totally make use of all the functions provided by Papaya Global.

Rates Structure:’s rates model might be a little greater compared to some competitors.
Deel:

Specialist Management: Deel’s main focus is on simplifying payments and managing contractors internationally.

Compliance Assistance: The platform uses robust compliance features, assisting companies navigate worldwide labor laws and tax policies.

User-Friendly User interface: Deel’s instinctive design and streamlined onboarding process make it simple to handle specialists.

Document Management: Deel’s integrated document management guarantees correct recordkeeping and compliance with employment contracts.

Financial Analytics: The platform offers a clear summary of contractor payments and financial metrics.

International Payroll Limitations: Deel’s management features might be more minimal in comparison to.

Restricted Language Support: Deel’s language support might be more limited in specific areas.
Surveying the Community: Which Is Much better?

To get a more comprehensive point of view on which software application users prefer, it would be beneficial to conduct a survey within your company or market. Think about the list below elements when designing the survey:

Ease of Use: Which software application is more intuitive and user-friendly for your group’s particular requirements?

Global Management: Which platform much better accommodates your business’s international requirements?

Compliance and Reporting: Which software application uses superior compliance management and reporting features?

Payroll updates can be made easily on the job or org level depending on gain access to consents once you’re logged in click the payroll Tab and then choose org you’ll see a list of jobs in the export tab inspect the task or projects you wish to update and click download open the downloaded XLS file and enable modifying if needed this file allows you to upgrade variable items as needed please note

that compensation items as specified in the workers agreement can not be altered permanently in this file as soon as you’re done making your updates conserve the file go back to the platform choose the import Tab and after that click import use the file you updated and submit it to the platform prior to uploading you will see a confirmation dialog noting the projects in the file next time you download the file all the modifications that you made will be highlighted in red you can keep modifying the data up until the cutoff date after cutoff the information is

papaya is a global labor force management option supporting clients with their growth in over 140 countries assisting clients with every type of employment from eor through and specialists management our technology produce a sas platform that combine and consolidate everything that takes place in the company from onboarding to the cycle and the payments we co-founded a company in 2016 and we presently have more than 250 employees globally israel u.s europe and australia we are growing in 300 year-over-year given that we began and we raised more than 190 million dollars to date from leading investors as within venture partners bessemer scale workday and group 11. we are currently serving more than 500 clients around the world considering that 2019 to 2021 we tripled the numbers year over year from 10 million dollars in error to more than 90 million dollars to date papaya’s core innovation is focused about automation and compliance which are type in order to assure that we can create international that scale from creating innovation that is compliance with whatever that is related to the most sophisticated security and privacy regulation through complete automations of whatever that is related to our information and the cycle this is how we process worldwide payroll at scale for hundreds of clients our company believe that combination is a key for an effective worldwide operation

this is why in papaya we integrate with whatever that produces data in the environment and in the companies we integrate with hris with time and attendance with expenditures management and with erp system in order to develop one consolidate and merged experience at the same time data is the most delicate data in the organization this is why we take security and personal privacy very seriously and we satisfy the greatest requirements in the market we are so certified we meet simple policy in our personal privacy and security requirements we guarantee that everything we keep in the system is exceptionally secure one of the most crucial thing is that we can change your payroll information into insight and analytics that the company can comprehend and process much better every piece of data that you are searching for you’ll be able to find on a real-time basis through our bi and reportings

guaranteeing that you understand how many individuals operates at the companies what’s the diversity ratio what’s the overall expense what’s the advantage cost whatever under one single control panel that can filter and consolidate everything worldwide our company believe that worker experience is the most crucial thing in the cycle this is why we developed the individual portal where we provide the employees everything that they require to find about their work from onboarding types producing a total paperless experience to payslips and annual reporting everything under one consolidate portal globally wherever you are however papaya is not only about software application and system it’s about competence because is complex and in order to process payroll globally you need to have the resources you need to comprehend you require the professionals to discuss and to take you side by side wherever you work globally this is why we created a very unique resource centers to help you with everything that you need from comp and after that expert to center of quality to individuals that understand

everything from migration to benefits they are all supporting your worldwide journey at papaya we want to guarantee that we eliminate all barriers for global work worldwide equity is a really very big issue it’s complex however it’s really crucial this is why we developed a very distinct international equity option to guarantee that your staff members can benefit the same global equity plans while we manage everything that relates to the tax that is related to their equity any place they live internationally papaya has actually been picked to be the development partners of some of the world’s fastest growing companies