"What's the Total Market ? You have 2 Options."
DO IT IN-HOUSE - If you handle your payroll process in-house, you'll likely do it either manually or by using a system. A manual process will take more time and be prone to errors. On the other hand, using a payroll system will speed up the process and minimize errors, but this introduces an additional expenses since you’ll have both the cost of the system and the in-house payroll team.
GET AN OUTSOURCING VENDOR - If you are considering payroll outsourcing, keep in mind that it may be slower than in-house processing. Additionally, the annual cost could be higher than in-house payroll, as outsourcing providers often charge separately for services such as final pay, special payroll, annualization, BIR Form 2316, and the Alphalist.
"Or, you might want to explore a NEW, 3rd option!"
"PAYROLL CONSULTANCY"
"Our UNIQUE ADVANTAGE !"
FAST PROCESS - We are faster than outsourcing providers. The first payroll run occurs within 24 hours after the instruction is sent, regardless of headcount. Subsequent runs (2nd, 3rd, or more) will take 1 to 2 days, depending on additional instructions. The entire process typically takes between 1 to 3 business days, depending on headcount.
SMOOTH PAYOUT - We have fewer disputes than in-house processing because our role as a third-party processor provides an additional layer of control. We also offer a payslip draft function that allows employees to review their payslips before payout, meaning disputes are addressed before the payout, not after.
COST EFFECTIVE - We are much cheaper compared to both in-house processing and outsourcing providers on an annual basis. We charge a flat monthly fee of just 99 pesos per employee, which is all-inclusive.
SPECIAL FEATURE - We offer a capability in the Payroll Register for payroll-to-payroll cost comparison. It compares basic pay to basic pay, overtime to overtime, night differential to night differential, etc., each payroll period, making your review process much easier.
- Adding New Employees
- Updating Employees
- HR Analytics
- Tagging Resigned Employees
- Downloading Database
- Logs thru Biometrics / Website
- Leaves Filling / Approval
- Viewable Leave Balances
- Overtime Filling / Approval
- Download Attendance Anytime / Anywhere
- Itemized / Summarized Report
- Payroll Register with Analysis
- Bank File
- Payroll/GL Entries
- Monthly Statutories Schedules
- Payslips viewable online
- Final Pay Computation
- 13th month pay
- Alphalist excel and DAT file
- BIR 2316 with digital signature
"So,what's the PLAN ?"
1 - DATA PRIVACY
2 - COMPANY DATA
3 - TRIAL RUN
4 - PARALLEL RUN
5 - CONTRACT SIGNING
We will sign the Data Privacy Document.
The company will provide the HR Database, the 2 latest payroll registers, logo, RDO number, address, TIN, signatory for 2316, loan schedules, GL entries, accumulated payroll, and released Final Pay for the current year.
We will set up the system and perform a trial run using your latest 2 payroll registers. Final pay computation is included. We will send you a Payroll Questionnaire to align the basis for computation.
You will process your normal payroll, and we will conduct our own payroll run based on your instructions. We will compare the results over 2 payroll cutoffs. Statutory remittances are included.
Contract is on a yearly basis.
*** LOOK, after the system is set-up, you'll have FREE TRIAL for 2 payroll period, if in any case you're not satisfied, we are just 1 message away, no question ask.
1 - INSTRUCTIONS
2 - PAYROLL PROCESS
3 - PAYSLIP'S DRAFT
4 - PAYROLL PROCESS
5 - PAYOUT
The client will send instructions in an Excel file, which will include data on attendance, new hires, resignations, adjustments, etc. A template will be provided.
We will compute the payroll and send back the payroll computation within 24 hours, regardless of headcount. The file will include the payroll register, GL entries, bank file, analysis, and HR database.
Pay slips are activated after Run 1. Employees can check their pay slips and file disputes. You will send additional instructions along with any payroll disputes, if applicable.
We will send back the Payroll Register with adjustments based on additional instructions and disputes as Run 2, Run 3, or as needed.
After the payroll is finalized, you will handle the actual payroll crediting to the bank of your choice. We will send the necessary statutory remittances for you to upload to the government portal.
1,600 +
number of employees processed every payroll cut off
500 +
employees punch through biometrics everyday
8 +
Clients and Counting
CONSIDER EXPLORING ,
dbsmypay@gmail.com
09673106932