Papaya Global

#Euro2024 semi finalists are all worthy rivals. But which one is worth more? We're not talking about performance, we're talking about payroll!  Which of the teams below has the highest payroll cost? #poll #payrollpayments #workforcepayroll

As Switzerland takes the field against England tomorrow (Saturday July 6), we can only hope for as great a game as the one against Italy, which ended in a 2-0 victory to the Swiss, and kicked the Italians out of #Euro2024. Here are some more interesting numbers and facts about Switzerland: 26 – the number of cantons (member states of the Swiss Confederation), each with its own taxes and policies, which makes payroll in Switzerland quite complex. 4 – the number of official languages. 0 – the going minimum wage before November 2020. 4300 – dollars, the current minimum wage in the canton of Geneva. Want to know more about payroll in Switzerland and other global locations? Check out our CoutnryPedia>> https://okt.to/kl9VP3 #payrollpayments #globalpayroll #workforcepayments

#AI is moving from trendy buzzword to mainstream business. For payroll and payments processes, its impact is transformative. It delivers efficiency, accuracy, and better decision making. Learn exactly how by clicking the link below>> https://okt.to/ROPgTV #workforcepayments #payrollpayments #crossborderpayments

Managing a global workforce mean staying on top of global policy changes. Papaya's Compliance Bulletin is constantly and continuously updated with the latest changes. Here's what you need to know this week: 🇦🇺 In Australia, two weeks of payment is added to to Parental Leave Pay each year 'til 2026, increasing the total to six weeks. 🇰🇷 In South Korea, effective July 1st, monthly base upper limit for National Pension (NP) is increased to KRW 6,170,000 (from 5,900,000). 🇧🇪 Reminder for Belgium- holiday allowance (92% salary) should have been paid to workers in June. For more information on global payroll in specific countries, check out CountryPedia https://okt.to/w5iJX2 #workforcepayments #payrollcompliance #globalpayroll

A whopping 74% of business leaders list digital transformation as their top priority and investment in digitalization tools is expected to reach $3.4 billion by 2026 (!) Various solutions are available, but those operate in siloes, which undermines efficiency, connectivity, and control. That's the beauty of our HCM Cloud Connector. It ensures data integrity by automating the sync process for both expenses and T&A data, reducing manual synchronization by 95%. Want to know more? Check out our blog>> https://okt.to/C2ounT #payrollpayments #workforcepayments

We had the pleasure to participate in NetSuite Forum event. Our CEO, Eynat Guez, had the stage and brought #payroll and #payments front and center, discussing how the right technology can connect all the dots, from HCM to ERP, and everything in between. Thank you Ronit Weisbrod for having us. What a great opportunity to share our vision and innovation. #workforcepayments #payrollpayments

Qualifying for the #Euro2024 round of 16, Germany continues its steady performance in the tournament it's hosting. There’s no way of knowing if it will earn the Euro Cup, but Germany did win our game of “What country is most challenging when it comes to payroll”, by getting 51% of the votes. What makes Germany’s payroll so complex? 🇩🇪 Frequent legal changes which complicate payroll calculations. ⚽The Wage Tax System which operates under six tax categories, which differ throughout individual employees’ life and status changes. 🥅Minimum wage laws that vary by region and must be layered on top of national social security rules when calculating tax, pay, and access to benefits like medical insurance. To learn more about Germany’s payroll system, check out our CountryPedia>> https://okt.to/ez4xNk #payrollpayments #workforcepayments

For this edition of Fintech for CFOs, we journey to the future, exploring what’s in store for Fintech in 2034. 🔮✨ Some questions we’ll be exploring: 🤖 Will an autonomous financial ecosystem ever be a reality? 💰 Is the digital currency current bound towards mainstream use? 🧠 Do we really have the brains to handle neuro-fintech? Read the rest here.👇 #fintechforCFOs #fintechfuture #digitalcurrency

Great time, great company, great insight. Thanks to everyone who joined our round table in London last week to discuss Modernized Compliance in Cross-Border Payroll and Payments. What an opportunity to gain perspective and share knowledge with market leaders! Jonny Nash Ignacio González-Páramo Joe Teasdale @Adoree Durayappah-Harrison #crossborderpayments #payrollpayments #payrollcompliance

We're proud to receive Global Finance Magazine's Innovators Award for top financial innovation. Here's what the judges thought of our #workforcepayments solution: "Papaya Global’s workforce payments offering is an SaaS platform specially designed for the global workforce. This true end-to-end fintech platform fuses global payroll and cross-border payments into a single process. It delivers payments directly to a worldwide workforce, without bank processing or currency conversion fees. Papaya enables companies to pay an entire workforce, tax authorities, and benefits vendors using a single platform. This automated platform supports different types of employment, ensures compliance globally and provides real-time reports on workforce spending. Papaya also integrates human resources and finance data through human capital management and enterprise resource planning systems to create a single source of truth for clients." #payrollpayments #crossborderpayments