[Global] Papaya Global launches new suite of AI-based payroll and payments solutions

Papaya Global has announced the launch of a suite of global workforce management innovations, PR Newswire reports.

The platform will tackle the complexities faced by multinational organisations managing payroll and payments across borders. 

Papaya’s latest innovation is reportedly the result of 5000 development hours by two dedicated development teams.

Amit Levi - Papaya Global's SVP Product - said, "After listening to our customers and rigorously planning and developing how to serve their global workforce needs, I'm excited to launch the next phase of our platform technology."

The new Papaya Global platform consists of four pillars:

• Real-time Workforce Payments
• AI-powered Payroll Data Validation Agent
• AI Data Cloud Connectors for Payroll and Payments
• Papaya 360 Support

These innovations reportedly offer the following solutions to global enterprises’ critical pain points:

• Connecting the full cycle of payroll; from data mapping to payments execution
• Reducing global payroll processing time by up to 80 per cent
• Cutting operational costs by up to 25 per cent
• Ensuring 100 per cent compliance across all global operations.
• Improving employee satisfaction scores related to payroll by 40 per cent
• Unifying the entire workforce (employees/ contractors/ EOR/ IC's)
• Enabling rapid scaling of global workforce, entering new markets in weeks instead of months.

Source: PR Newswire

(Quote via original reporting)

Papaya Global has announced the launch of a suite of global workforce management innovations, PR Newswire reports.

The platform will tackle the complexities faced by multinational organisations managing payroll and payments across borders. 

Papaya’s latest innovation is reportedly the result of 5000 development hours by two dedicated development teams.

Amit Levi - Papaya Global's SVP Product - said, "After listening to our customers and rigorously planning and developing how to serve their global workforce needs, I'm excited to launch the next phase of our platform technology."

The new Papaya Global platform consists of four pillars:

• Real-time Workforce Payments
• AI-powered Payroll Data Validation Agent
• AI Data Cloud Connectors for Payroll and Payments
• Papaya 360 Support

These innovations reportedly offer the following solutions to global enterprises’ critical pain points:

• Connecting the full cycle of payroll; from data mapping to payments execution
• Reducing global payroll processing time by up to 80 per cent
• Cutting operational costs by up to 25 per cent
• Ensuring 100 per cent compliance across all global operations.
• Improving employee satisfaction scores related to payroll by 40 per cent
• Unifying the entire workforce (employees/ contractors/ EOR/ IC's)
• Enabling rapid scaling of global workforce, entering new markets in weeks instead of months.

Source: PR Newswire

(Quote via original reporting)