Papaya Global Review: Worth it for Your Business?

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In this Papaya Global review, we are breaking it all down. You might be wondering:

  • What is Papaya Global?
  • Will it help your business?
  • How does it work?
  • What are the features? pricing? benefits?
  • Is it worth it?

Eliminate the daily stress that can come from running a business and look into an all-in-one system that can process payroll, manage people in your organization and more.

We will answer these questions and more.

Let’s get into it!

What is Papaya Global?

papaya global review

Papaya Global is a cloud-based software platform that helps small businesses manage their finances and global operations.

It offers a full suite of payroll and HR services, as well as integration with third-party applications like Salesforce and Concur. The software is available in more than 60 countries, so it can be used by employers who have employees working across the globe.

Papaya Global’s software can be used to manage your company’s entire payroll process, from employee onboarding to tax filings to payroll distribution. Once you’ve entered the data about your employee on the platform for the first time, it will remember this information so that you won’t have to fill out any forms again next year when their pay period starts up again.

It’s a great choice for businesses that have employees in multiple countries, as it allows users to work with local currency, exchange rates, and more.

In addition to payment processing, Papaya Global offers a full suite of payroll services including free tax filing and direct deposit accounts.

While it’s not particularly cheap—starting at $199/month—it does offer many useful features and comes with a 30-day free trial period during which you can try before deciding whether or not it works for your business needs.

How does Papaya Global work?

Since Papaya Global is a cloud-based software, this means that you can access it on any device, including smartphones and tablets.

That’s great news for employees who work remotely—they get to use their own devices instead of having to bring in their laptops every time they want to check their time sheets or submit an expense report.

Papaya Global also allows you to pay employees in many different currencies:

  • U.S.
  • Canadian
  • Australian and New Zealand dollars
  • Euros
  • British pounds sterling
  • Swiss francs
  • Japanese yen
  • Singapore dollars
  • Hong Kong dollars
  • Swedish krona (SEK)

In addition, there are over 40 other currencies available as well if your business has employees working internationally!

In addition to payroll management features like integrating with banks for direct deposit or receiving funds from costumers via payment cards, Papaya Global offers a suite of tools for managing employee attendance:

  • Taking attendance via mobile device or web browser interface (employees select which days they were present by swiping through a calendar)
  • Logging hours worked per day/shift/weekend etc.
  • Viewing detailed reports including charts showing which team members were where at what times etc.

Payment Processing Globalization with Papaya Global

Payroll software that can help you expand your business is a crucial asset to have.

Payroll software can provide an easy way to integrate payment processing into the rest of your business processes, which means that more people will be able to pay for products and services in a secure manner.

This is especially true for online businesses, which often need a way for customers from all over the world to purchase their products or pay for other services.

Papaya Global provides an option that lets you accept payments from customers around the world through a variety of different currencies, including USD and GBP.

The platform also allows you to customize your invoices and receipts so they are relevant for each region where you do business; this makes it easier on both parties involved because they don’t have anything extra added onto them (which could lead someone not wanting them).

Full-Service Payroll Processing Capabilities

In addition to its payroll services, Papaya Global offers a full range of payroll processing capabilities.

This includes the ability to handle any type of employee and employer situation (including 1099 contractors), as well as providing a variety of tax options including:

  • State tax
  • Federal tax
  • Unemployment insurance/workers compensation/social security (FICA) taxes

Free Features You Need to Know About

Papaya Global offers a lot of free features that are great for small businesses.

The software can be used to track your time and bill clients, which means you won’t need to purchase any other software or use multiple platforms.

Plus, there’s secure collaboration with other users so that you can work together on projects from anywhere in the world.

The free payroll services are also great if you run an agency because they’re easy to use and don’t require any additional training.

If anything unexpected happens with your employees’ taxes or tax forms, Papaya Global has an account manager who will help guide them through it quickly and efficiently.

Integrated Time Tracking and Invoicing

Papaya has an integrated time tracking system that allows you to track how long it takes to complete certain tasks, assign those tasks to specific users, and then get a breakdown of how much time each user spent working on what. You can also create invoices for clients based on this data.

This feature is great for freelancers who work with different clients because it lets them see exactly where their time goes and how much they’re being paid for it.

However, if your company isn’t focused on billing clients based on billable hours or fixed fees (which makes sense), this might not be as useful for you—and even if it is useful for your business model, there are other options out there which may have better tools available than Papaya’s integrated time tracking tool.

Professionally-certified Security

The company is certified by the PCI Security Standards Council, meaning it has a top-level security system in place to keep customer data safe.

Papaya Global takes privacy very seriously and has an A+ rating from the Better Business Bureau. The company also has a strong privacy policy, which you can read here.

Secure Multiuser Collaboration Platform

The Papaya Global platform is a secure, collaboration platform that helps teams work together from anywhere in the world. It’s free to use, easy to get started with and can be used on any device: desktop computer, laptop or mobile phone.

Each time a team member makes an update to a document or presentation, it’s automatically synchronized across all other devices where the file is being worked on by your coworkers.

If your business has a lot of international employees or works in multiple countries, Papaya Global could be a great option for you.

Papaya Global is a payroll software that can help you grow your business by streamlining the payroll process for international employees. If you have a lot of international employees or work in multiple countries, Papaya Global could be a great option for you.

If your business has a lot of international employees or works in multiple countries, Papaya Global could be a great option for you.

Papaya Global is different from other payroll providers because it manages global payroll and allows companies to pay their workers anywhere around the world.

This means that if an employee works remotely from Singapore and wants to be paid in Indian rupees, Papaya Global will take care of it seamlessly! Other benefits include:

  • Simplifying tax filings with one click reporting
  • Automatic compliance across 25+ jurisdictions

Papaya Global Features

We’ve touched on many of the features up above. Here’s a breakdown of the features you can expect with Papaya Global.

You can expect to systems in place to help you manage:

  • People
  • Payroll
  • Payments

People

Systems like onboarding, HRIS, and a personal portal.

  • Make onboarding easy and less tedious
  • Hire confidently and extend your talent pool on a global scale, to over 160 countries
  • One platform for login
  • Suite for global services
  • Integrations

Payroll

Systems for running your payroll, compliance and managing user permissions

  • Accurate and compliant system to give you peace of mind
  • Payroll insights
  • Automated reporting
  • Employee portal

Payments

Systems like fraud and automation, control systems, and more.

  • An end-to-end all-in-one platform
  • A system that knows country-specific payroll laws
  • Automated payment notifications
  • Error-free payment processing

Papaya Global Pricing

papaya global pricing

 

As you can see, there are many plans available, based on your needs. You get the most from the Employer of Record plan. You will want to evaluate your business’ needs to determine which plan suits you best.

Wrap Up

There are a lot of companies out there that offer solutions like this one, but we also know how difficult it can be to choose between them all.

Get started with their demo to see what Papaya Global is all about.

Jenn Leach, MBA

Jenn Leach is a Houston-based MBA with over a decade of experience in the banking industry. She writes at Millennial Nextdoor where she writes finance, money, business, and lifestyle content to help millennials create additional income streams online. Join her on Substack at https://jennleach.substack.com.

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