Papayaglobal.com(Papaya Global)– Review, Pricing, Facts | Global Payroll Software

If you are a start-up, a growing business, or an established enterprise that has teams operating in countries other than your own, and/or you have workers based in multiple locations and jurisdictions, then Papaya Global offers a range of solutions that will ensure you are employing staff in line with local laws and legislation and managing your global payroll as efficiently as possible.

What is the Papaya Global platform?

Papaya Global is a global payroll platform that is cloud-based and which simplifies HR and payroll processes, making it a straightforward business to manage a range of employee-related services, wherever in the world your teams are located.

In particular, the platform enables you to undertake a wide variety of payroll and administrative functions for a diverse workforce, i.e., payroll employees, independent contractors, remote hires, EOR workers, etc., and facilitates the entire onboarding process without the need to have an in-house HR team.

A further key advantage of the Papaya Global platform is that it helps to ensure compliance with local labor laws (e.g., in terms of taxation and other deductions, leave and entitlements, termination, etc.), regardless of the country in which staff is operating.

The platform is also straightforward to use, with data accessible from anywhere and at all times through the remote dashboard. There is also a self-service portal that staff can use to view payslips, update personal information, etc.

This review will explore the platform’s key functions and what sort of businesses it will suit, along with the key integrations and how it compares to similar products in terms of pricing.

Features and Functionality

The Papaya Global platform is all about simplifying remote team management and global payroll, and there are a number of features that help to deliver this.

For instance, if you are looking to take on foreign-based staff, whether as full-time employees, independent contractors, or EOR workers, Papaya Global makes the onboarding process quicker and more cost-efficient.

This is because the PEO function makes it possible to hire workers at all levels without the time and expense required to set up a legal entity or a foreign subsidiary, meaning you have access to a global talent pool without many of the associated costs.

Rating 8.7 out of 10

Once workers are onboard, Papaya Global then streamlines global payroll management, not only ensuring that workers are paid correctly and on time wherever in the world they’re located but also that they remain in compliance with regard to labor laws.

This is an especially valuable function if you are expanding into new territories in which you don’t have previous experience or you are trying to manage a disparate workforce spread out over several different locations at the same time.

Papaya Global can be easily integrated with your existing payroll system, and it also gives you options as to the methods by which staff is paid. You also have flexibility as to the currencies in which workers can receive their pay.

The dashboard is designed to provide a comprehensive range of information, while the system can be configured to deliver a variety of different employee-related reports, as required.

BI Analytics Suite

We found the BI Analytics Suite to be one of the most useful and powerful features of the Papaya Global platform.

It gives you access to a collection of different dashboards (Payroll, People, Payments, Billing, and Admin) through which you can perform a wide variety of associated tasks.

Each of these dashboards gives you options as to how information is filtered and presented, as well as the format in which it can be downloaded, so you are able to customize various analytic and comparison functions to suit your specific needs.

There is added value in the fact that this is a highly versatile, cloud-based feature that enables the platform to be used by payroll, HR, and administration teams wherever they are based.

Papaya Global Key Integrations

Accounting platforms, business management software tools, and HR automation systems, as well as other sign-on (SSO) integrations, are all supported by the cloud-based Papaya Global platform, giving you added flexibility and versatility.

For instance, WorkDay Oracle, SAP SuccessFactors, BambooHR, NetSuite, Expensify, HCM, and other third-party solutions can all be easily integrated to operate in conjunction with Papaya Global.

Pros and Cons of the Papaya Platform

Below we have summarized what we consider to be the primary benefits to businesses of the Papaya Global cloud-based global payroll platform:

• Papaya Global is an efficient, cost-effective PEO service provider, and so is an invaluable tool for start-ups looking to expand into new markets or any business seeking to take on workers based in foreign countries. It means that all of this and more can be achieved without the need to set up a legal entity, saving time and money while at the same time ensuring you are fully compliant with all local laws pertaining to employment.
• It also frees up time and resources that would otherwise be required for the management of HR, which is especially important when a business is in its early stages or planning to grow into new territories.
• Adhering to all relevant data protection requirements is made easier, as you can be sure that important employee data remains protected and private.
• As a cloud-based platform, security and software updates are all carried out automatically without any downtime required.

We have also looked to identify any negatives associated with the Papaya Global platform:

• This is essentially a platform designed for enterprises operating in foreign countries and/or in multiple jurisdictions simultaneously, and so if your business doesn’t fit into either of these categories, it is unlikely you will get much benefit or value from using Papaya Global.

You can check it out at this link www.papayaglobal.com.

Pricing Plans

There are different pricing plans available for the Papaya Global platform, so choosing the appropriate one will depend on the development stage, size, location, and employment needs of your business.

However, it is easy to scale up or down as your operations evolve over time.

Payroll

With this plan, you are able to access global payroll services in over 160 countries on an all-inclusive, per-employee fee basis.

• $20 per employee per month (volume discounts are available)

Employer of Record (EOR)

Papaya Global works with in-country partners in order to provide a comprehensive suite of HR services, including onboarding, payroll management, termination, and more. At the same time, you continue to manage your team’s schedules and workload as you would if they were based in your home country.

• $650 per employee per month (volume discounts are available)

Contractor Management & IC Compliance

Sometimes circumstances require you to take on new staff in a hurry or to reduce the costs associated with an in-house team. This service essentially facilitates the outsourcing of specific tasks to independent contractors (overseas or local), but at speed and without the same onboarding costs.

• $25 per employee per pay cycle (volume discounts are available)

Payroll Intelligence Suite

With this plan, you can utilize Papaya’s BI Analytics Suite, which not only gives you real-time access to the full range of customizable dashboards but is also able to be integrated with existing payroll systems.

• $250 per location per year / $320 per location per quarter

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