Papaya Global Greece 2024 – FAQ

Considerations and Papaya Global Greece …
The thorough features of come at a cost,

 

Over the past few years, the workforce has gone through a significant improvement with the emergence of remote work, which has removed geographical restraints on hiring. This has enabled companies to hire skill from all over the world, enabling them to assemble the best possible team for each function. As a result, workers have gotten greater versatility to work from home and increase their incomes without needing to move to costly locations or commute fars away. According to a 2022 survey, 87% of workers who have the alternative to work remotely select to do so. The COVID-19 pandemic, combined with advancements in business connection software, has actually further accelerated the shift towards remote work, even in industries that were at first hesitant to embrace the pattern.

insights are important to us and and your fellow guests so first things first 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 type of Industries retail and Appeal to Aerospace in all types of services startup to matrixed environments across the globe I provided leadership and method to populations of more than 100,000 staff members on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya

Worldwide I work across business male maning and constructing external relationships supporting Business customers and options and serving as a consultant I ‘d like to present our very first Greg um visitor 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 in-house legal team and actually work extremely closely with our um HR department as well to handle various legal and HR matters that come up so really delighted to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we state our mission is to set you as HR specialists complimentary to do fantastic

Execution Challenges:
Although Papaya Global offers combinations with different HR and finance systems, we experienced some difficulties throughout the combination procedure. Customizing the software to line up with our existing facilities showed to be more complex than prepared for, leading to hold-ups in the preliminary rollout.

Prices Issues:
The substantial functions offered by Papaya Global come at a cost, which some of our smaller sized subsidiaries discovered to be excessively pricey. As an international company, we needed to carefully weigh the need for sophisticated functionality against budget constraints.

Support Action Time:
On occasion, our groups experienced problems that required immediate assistance. However, the response time from Papaya Global’s customer assistance team was not always as timely as we would have liked, leading to delays in resolving those issues.

Our execution of involved a phased method. We began by onboarding a few subsidiaries to test the system’s compatibility with our existing procedures. This enabled us to identify and resolve combination difficulties early on. As the software application ended up being more instilled in our operations, we gradually broadened its use to cover our entire worldwide labor force.

The automated features structured our payroll procedures, decreasing the time spent on manual computations and compliance tracking. Regular training sessions and continuous support from Papaya helped our teams become skilled users of the software application, optimizing its capacity for our company.

However, paying a labor force can be complicated. It is especially challenging for companies who use personnel throughout numerous nations, as they need to constantly combine different information streams, manually track regional and national labor and policies, and spend valuable time and resources to establish local entities in new areas. These business are confronted with suboptimal, pricey alternatives, like opening a foreign subsidiary or hiring a professional work organization, which is a local company that works with workers on their behalf and can charge up to 15% of. By 2022, 75% of employers reported problem recruiting certified personnel, a boost 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 a service supporting all forms of employment. It supplies an end-to-end platform, from staff member onboarding and continuous management to international payments and. It assists business with labor law compliance in the jurisdictions in which they run, provides management of employment advantages, and makes sure information personal privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. An entrepreneur 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 worldwide.

papaya this webcast has been pre-approved for hrci and Sherm credit please be sure to participate in the complete webcast in order to receive 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 web browser with the webcast study please make certain to complete it as quickly as the webcast has actually ended it is now my pleasure to turn it over to Pap and bamboo HR for their discussion hello and thank you for joining us today we’re thrilled to have you here as we embark on a journey of data to regulation attaining

360 degree worker compliance where we’ll dive into the vital elements of the employee compliance management design throughout the session we’ll explore real life obstacles real local policies finest practices and the function of Automotion in simplying compliance journey be prepared to emerge in an extensive understanding of how to safeguard your company and employees while remaining compliant in an

Papaya Global Greece 2024 – FAQ

Factors to consider and Papaya Global Greece …
The extensive functions of come at a cost,

 

Current years have actually seen a dramatic change to the labor force as the rise of remote work has actually broken down geographical barriers to working with. Organizations can now hire staff from anywhere worldwide, allowing them to access the best readily available skill for any offered role. This gives employees more flexibility to work from home and increase their earnings without moving to costly locations or travelling fars away. A 2022 study found that 87% of staff members who have the chance to work remotely take that chance. The break out of COVID-19, in conjunction with new business connectivity software, accelerated the transfer to remote work, including in industries previously hesitant to welcome the pattern.

insights are important to us and and your fellow attendees so first things first though um let’s get to know everyone my name is Ian Charles and I have actually worked in payroll for the last 25 years I have actually had roles in all kind of Industries retail and Appeal 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 employees on a month-to-month basis and in over 170 nations today I’m the perel strategist for papaya

Worldwide I work across business guy maning and developing external relationships supporting Enterprise clients and options and serving as an advisor I wish to introduce 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 stated my name is Greg Piper uh I am the senior corporate counsil at bambo HR so I lead our in-house legal team and actually work really closely with our um HR department as well to handle numerous legal and HR matters that turn up so really excited to be here about bambo HR if if you’re not acquainted with us uh at bambo HR we say our mission is to set you as HR professionals complimentary to do great

integration Challenges:
While Papaya Global deals combinations with numerous HR and finance systems, the implementation procedure was not without challenges. Incorporating the software with our existing facilities needed additional customization, resulting in some delays in the initial rollout.

Paying FAQs Papaya Global Greece 2024

and some smaller subsidiaries within our organization found the prices to be on the higher side. As a worldwide business, stabilizing the need for innovative features with budget restrictions ended up being a delicate workout.
Consumer Support Action Time:
There were circumstances where our teams dealt with issues that needed prompt assistance. However, the action time from’s client assistance group was not constantly as fast as wanted, leading to occasional delays in problem resolution.

Our application of involved a phased technique. We started by onboarding a couple of subsidiaries to evaluate the system’s compatibility with our existing procedures. This allowed us to determine and attend to integration difficulties early on. As the software application became more instilled in our operations, we gradually broadened its use to cover our whole global labor force.

The automated features structured our payroll processes, reducing the time invested in manual calculations and compliance tracking. Routine training sessions and ongoing support from Papaya helped our teams end up being competent users of the software, maximizing its potential for our company.

However, paying a labor force can be intricate. It is especially challenging for companies who use staff across multiple nations, as they must continuously consolidate different data streams, by hand track regional and national labor and guidelines, and spend important time and resources to set up local entities in brand-new areas. These business are confronted with suboptimal, expensive options, like opening a foreign subsidiary or hiring a professional work company, which is a local firm that employs staff members on their behalf and can charge up to 15% of. By 2022, 75% of employers reported trouble recruiting certified 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 an option supporting all forms of work. It provides 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 run, provides management of employment benefits, and guarantees data privacy in compliance with GDPR.

Eynat Guez |
Eynat is the CEO of. A business owner with 15 years of experience, she is a leading professional in payroll and workforce management. She co-founded after seeing the technology space in worldwide.

papaya this webcast has been pre-approved for hrci and Sherm credit please make certain to attend the complete webcast in order to receive your credits if you have any questions throughout the webcast please click on the Q&A tab in your webinar controls and type the there a brand-new tab will open in your web browser with the webcast study please make sure to finish it as quickly as the webcast has actually 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 embark on a journey of data to regulation achieving

360 degree worker 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 regional guidelines best practices and the function of Automotion in simplying compliance journey be prepared to emerge in a thorough understanding of how to secure your company and workers while remaining certified in an

Papaya Global Greece 2023 – Dedicated for Global Workforce

As the just recently retired CEO of among The United States and Canada’s largest tech companies…Papaya Global Greece… I had the advantage of witnessing the advancement of payroll management firsthand. From the days of manual calculations and stacks of documents in 1995 to the seamless, automated systems these days, the transformation has been absolutely nothing except remarkable. In this article, I will share my experiences and highlight the game-changing role played by Papaya Global, an ingenious software application service provider that revolutionized how we handled our company’s settlement.

Rewinding back to 1995, management was a tiresome and lengthy procedure. HR departments had to by hand calculate employee salaries, deductions, and tax withholdings. The documentation was frustrating, and the margin for human error was substantial. experts invested many hours guaranteeing accurate computations, typically leaving them with little time for strategic activities.

Over the years, technological developments slowly improved payroll procedures. We required a scalable option that could handle our broadening international labor force.

Get In Papaya Global: A Game-Changer in Payroll Management
In our quest for a thorough payroll solution, we found. Founded in 2016, became a disruptor in the market, leveraging cutting-edge innovation to improve and automate processes for multinational companies. Their cloud-based platform offered end-to-end management, dealing with everything from staff member onboarding to tax compliance.

stood apart for several factors:

Smooth Onboarding: Papaya Global simplified the onboarding procedure, making it possible for employees to enter their info directly into the platform. This got rid of the need for manual information entry, lowering mistakes and conserving valuable time.

Global Coverage: With a growing international existence, our business needed a payroll supplier efficient in managing operations in numerous countries.’s worldwide protection and know-how ensured compliance with regional policies, relieving the burden on our HR groups.

Automation and Combination: integrated with our existing HR systems, enabling seamless information flow and getting rid of the need for duplicate entry. The automation of estimations and tax withholdings significantly decreased mistakes, guaranteeing timely and accurate payments.

Compliance Made Easy: Staying certified with ever-changing tax and labor laws is a difficulty for international companies.’s robust compliance engine handled complicated payroll policies easily, ensuring we remained in good standing with regional authorities.

Reporting and Analytics:’s user-friendly control panel offered real-time insights into our payroll data. We got exposure into expenses, labor distribution, and compliance metrics, empowering us to make data-driven decisions and optimize our workforce management strategies.

Scalability: As our business broadened, Papaya Global scaled effortlessly with our growth. Whether it was adding brand-new workers or getting in brand-new markets, their platform proved to be adaptable and versatile to our evolving needs.

vs. Rival X: A Head-to-Head Contrast
To supply a comprehensive examination, let’s compare to a leading rival in the payroll industry, Rival X. While Rival X is undoubtedly a trusted company, provides a number of unique advantages:

Papaya Global Pros:

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

International Expertise:’s thorough understanding of international guidelines goes beyond Competitor X, making sure compliance across borders.

Seamless Integration:’s smooth combination with existing systems reduces interruption and information transfer obstacles compared to Rival X.

Reporting and Analytics:’s analytics functions offer much deeper insights and customizable reporting alternatives, providing an exceptional data-driven approach.

Scalability and Flexibility:’s platform quickly accommodates organizational development and altering labor force characteristics, exceeding Rival X in scalability.

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

Cons:

Learning Curve: While Papaya Global’s platform is user-friendly, it may need some initial training for HR teams not familiar with the system.

Pricing Structure:’s rates design might be slightly greater compared to Competitor X, although the included value validates the financial investment.

Limited Language Assistance:’s language support might not be as extensive as Competitor X in specific areas.

Customer Assistance: While usually responsive,’s client assistance could gain from more enhancement to match the industry’s leading requirements.

has actually revolutionized our business’s payroll management, changing an error-prone and as soon as manual process into a structured, automated, and certified system. Their thorough solution and commitment to innovation have actually made them a real market leader. By leveraging’s advanced abilities, we have conserved time, decreased mistakes, and gained important insights into our payroll information.

As they say, “Why did the payroll software go broke? Because it could not depend on anyone!” Fortunately, with Papaya Global, that punchline remains nothing but a funny suggestion of how far we’ve been available in management.

As someone accountable for accounts and HR in your business, you comprehend the need for a dependable option. In this short article, we will compare 2 leading software suppliers, and Deel.

: Streamlined Global Management

offers a comprehensive service with a strong concentrate on worldwide management.

The platform incorporates flawlessly with existing systems and improves information transfer processes.
With, you can deal with intricate payroll requirements, including tax compliance and reporting, for several countries easily.

The automated calculations and robust compliance engine ensure accuracy and regulatory adherence.
The reporting and analytics features supply real-time insights into data, enabling data-driven decision-making.

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

Deel primarily focuses on international payments, contractor management, and compliance.
The platform simplifies payments to contractors worldwide, ensuring accurate and timely compensation.
Deel’s compliance includes assistance companies browse the intricacies of global labor laws and tax regulations.

The instinctive user interface and easy to use style make onboarding and handling professionals problem-free.
Deel’s built-in document management guarantees correct recordkeeping and compliance with employment contracts.

The platform’s dashboard provides an introduction of specialist payments and monetary analytics.
Comparing and Deel:

To assist you choose between and Deel, let’s examine their crucial features, advantages, and limitations.

:

Worldwide Payroll Management:’s main strength depends on its capability to handle complexities for multinational companies.
Robust Compliance Engine: The platform masters handling compliance with local labor laws, tax regulations, and reporting requirements.
Smooth Integration: Papaya Global flawlessly incorporates with existing systems, decreasing data and disturbances transfer difficulties.

Real-time Reporting and Analytics: The reporting and analytics capabilities supply important insights into costs, labor circulation, and compliance metrics.
Scalability:’s solution easily accommodates organizational growth and altering labor force dynamics.

Learning Curve: Initially, HR groups might need some training to totally utilize all the functions provided by Papaya Global.

Rates Structure:’s pricing design may be slightly higher compared to some competitors.
Deel:

Professional Management: Deel’s primary focus is on simplifying payments and handling contractors worldwide.

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

User-Friendly Interface: Deel’s user-friendly design and streamlined onboarding procedure make it easy to manage specialists.

File Management: Deel’s built-in file management makes sure appropriate recordkeeping and compliance with employment agreement.

Financial Analytics: The platform provides a clear introduction of specialist payments and monetary metrics.

Worldwide Payroll Limitations: Deel’s management functions might be more restricted in comparison to.

Limited Language Assistance: Deel’s language support might be more limited in certain regions.
Polling the Neighborhood: Which Is Much better?

To get a wider viewpoint on which software users choose, it would be beneficial to conduct a poll within your business or industry. Think about the list below elements when developing the survey:

Reduce of Use: Which software application is more easy to use and instinctive for your team’s particular requirements?

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

Compliance and Reporting: Which software application uses exceptional compliance management and reporting functions?

Payroll updates can be made easily on the job or org level depending on access consents as soon as you’re visited click the payroll Tab and then pick org you’ll see a list of jobs in the export tab check the job or tasks you wish to update and click download open the downloaded XLS file and enable editing if needed this file allows you to update variable products as required please note

that payment products as defined in the employees agreement can not be altered permanently in this file when you’re done making your updates conserve the file go back to the platform choose the import Tab and then click import utilize the file you updated and upload it to the platform prior to publishing you will see a confirmation dialog noting the projects in the file next time you download the file all the changes that you made will be highlighted in red you can keep editing the data up until the cutoff date after cutoff the data is

papaya is a worldwide labor force management solution supporting clients with their development in over 140 countries assisting clients with every kind of employment from eor through and specialists management our technology produce a sas platform that combine and merge whatever that takes place in the organization from onboarding to the cycle and the payments we co-founded a company in 2016 and we presently have more than 250 staff members worldwide israel u.s europe and australia we are growing in 300 year-over-year since we began and we raised more than 190 million dollars to date from leading financiers as within endeavor partners bessemer scale workday and group 11. we are currently serving more than 500 clients around the globe since 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 key in order to assure that we can develop international that scale from creating technology that is compliance with whatever that is related to the most advanced security and personal privacy guideline through complete automations of everything that is related to our data and the cycle this is how we process worldwide payroll at scale for numerous clients we believe that combination is a key for a successful international operation

this is why in papaya we incorporate with whatever that creates information in the community and in the companies we incorporate with hris with time and presence with expenditures management and with erp system in order to create one combine and merged experience in the process information is the most delicate information in the company this is why we take security and personal privacy extremely seriously and we fulfill the highest requirements in the market we are so certified we satisfy easy regulation in our personal privacy and security requirements we ensure that everything we keep in the system is incredibly safe among the most essential thing is that we can change your payroll data into insight and analytics that the organization can understand and process better each and every single piece of information that you are trying to find you’ll be able to find on a real-time basis through our bi and reportings

making sure that you comprehend the number of people operates at the companies what’s the diversity ratio what’s the overall expense what’s the benefit cost whatever under one single dashboard that can filter and combine everything worldwide our company believe that employee experience is the most important thing in the cycle this is why we developed the personal portal where we supply the staff members whatever that they need to find about their work from onboarding forms producing a total paperless experience to payslips and annual reporting everything under one consolidate portal globally any place you papaya but are is not just about software application and system it has to do with knowledge because is complex and in order to process payroll globally you require to have the resources you need to comprehend you require the professionals to explain and to take you side by side wherever you work internationally this is why we produced a really special resource centers to assist you with whatever that you need from compensation and then professional to center of quality to people that comprehend

whatever from migration to advantages they are all supporting your global journey at papaya we wish to guarantee that we eliminate all barriers for worldwide work international equity is an extremely very big problem it’s intricate however it’s really essential this is why we developed an extremely distinct worldwide equity option to assure that your staff members can benefit the very same international equity plans while we handle everything that is related to the tax that belongs to their equity wherever they live worldwide papaya has been picked to be the development partners of a few of the world’s fastest growing business