Bridge Southeast Asia

The Editors of Bridge

Bridging Anytime Fitness with PayDay

Anytime Fitness branches are dotting the cities of the Philippines. Their distinct violet is easily recognized among the shops of commercial districts. With over a hundred branches and a long pipeline of more clubs waiting to open, Anytime Fitness is quickly expanding.

But with all this growth comes an administrative backend that needs to scale as well. According to Odeza Almedilla and Monica Ramos, HR team of Anytime Fitness, connecting their clubs has been always been a challenge, particularly when it comes HR. One of their challenges is manually processing payroll for numerous branches which takes a long time time. Anytime Fitness has looked into different solutions to finally connect them, which also includes active clubs in Visayas, and chose Bridge PayDay(make this a link) to be their solution. Bridge PayDay’s combination of payroll technology platforms and certified payroll processors gave Anytime Fitness the reach and flexibility it needed to manage multiple branches in widespread locations.

Odeza Almedilla and Monica Ramos, HR Team of Anytime Fitness PH

“PayDay is our everywhere HR companion” – Odeza

With Bridge PayDay, employees have easy access to get hold of HR. Resolving attendance, requests, and other HR needs can be done with ease despite being in different areas.

With Bridge PayDay, Anytime Fitness is able to use a solution designed to efficiently process payroll as well as other of HR needs. Anytime Fitness enjoys the practical technology and new best practices of an end-to-end managed payroll solution.

Bridge PayDay clients, like Anytime Fitness, also get access to Bridge Access, a completely free  benefits platform that provides users easy access to financial services and other benefits—without the additional administrative headache to HR.

According to Odeza, Bridge Access “is an additional benefit for our employees” and that Access is “thinking of ways to show the importance employees with benefits.”

Bridge combines the benefits of new best practices and practical technology to create innovations that improve the workplace, and make work-life more rewarding for employees.

Want to improve the workplace with PayDay? Visit www.bridgepayday.ph and see what Bridge PayDay can do for your company.

 

Planet Sports Uses Bridge PayDay

According to Tricia Silvestre and Earvin Arce, HR Team at Planet Sports, they were looking to update or change their old system. Payroll functions were not as efficient and took too much time which affected other HR core processes. They’ve tried different solutions before but found that a fully-managed payroll solution would be the best bet.

With Bridge PayDay, Planet Sports is able to use a system that is designed on the objectives and requirements of their HR team while saving time and increasing their productivity. Planet Sports enjoy the benefits of an end-to-end payroll solution Bridge PayDay.

 

Tricia Silvestre and Earvin Arce, HR of Planet Sports PH

“PayDay bridges the gap between ordinary and extraordinary payroll systems” – Tricia and Earvin

From Time and Attendance all the way to Reports, Bridge PayDay combines the benefits of new best practices and practical technology to create innovations that improve the workplace.

Need help with payroll? Visit www.bridgepayday.ph and see what Bridge PayDay can do for your company.

 

5 Ways to Improve Payroll for Your Organization (PayDay Blog)

When organizations think about saving time and money, improving payroll is a good place to start. A few adjustments in the payroll process can go a long way. Here are 5 ways to improve payroll in your organization:

1. IMPROVE TIMEKEEPING AND ATTENDANCE

Timekeeping and attendance information is the basis for most employees’ payroll. This is why to improve payroll, consolidating attendance information is key. This is where most organizations usually spend the most time on for regular payroll.

To improve attendance consolidation, first, consider improving your method of timekeeping. If you’re still using manual sheets or punch cards to clock in/out of the office, switching to a biometric device may help you eliminate costly hours you’re currently spending on encoding work.

Second, consider whether integration is the next step for you. It may be that you’re already using a biometric device in your organization but still spend much time exporting/converting data so you can use it for payroll computation. In this case, consider getting a full solution that enables you direct integration between your timekeeping devices, and your HR/Payroll software.

2. AUTOMATE LEAVES AND SCHEDULE MANAGEMENT

Capturing employees’ time logs is one thing, but crossmatching that against their schedules, is another.

This is why simply upgrading to an automated timekeeping device is usually not enough especially for organizations with workforces whose schedules change from time to time. Without a system to easily manage employees’ schedules, determining whether a person is late or early, absent or on leave, will be challenging. Moreso will computing deductions, or overtime pay.

Automating your schedule and leaves management not only make crossmatching employees’ logs with their schedules easier, some solutions also help you streamline approvals for attendance-related requests such as overtime, leaves, and schedule changes.

 3. MAXIMIZE DE MINIMIS BENEFITS AND TAX-EXEMPT BONUS CAP

Not as many organizations are aware of or know how to leverage the de minimis and the bonus cap outlined by the BIR. Essentially, what happens is that organizations compute employees’ withholding taxes higher.

Because of this, employees either get lesser take-home pay than what is actually possible or companies shell out more money than they need to in order to achieve greater take-home pay for their employees.

And so to maximize these benefits and the cap for tax-exempt bonuses, organizations can either learn how to do this themselves, or seek the help of professional payroll practitioners (through consultation, or through regular payroll service).

Coins - Improve Payroll

4. STREAMLINE PAYROLL DISBURSEMENT

Sometimes, the challenge for organizations is not the computation of employees’ wages, but the actual disbursement of payroll.

Organizations can improve payroll disbursement by considering cash management solutions offered by their local bank. These solutions typically allow organizations to schedule payroll disbursement and streamline approvals.

Some companies can still take this further by contracting a service provider to also help in the payroll disbursement process, typically by giving them uploader/maker access to their cash management platform—so there is no need to switch to another disbursement method. This helps save companies even more time, so they simply just have to approve transactions they have already reviewed and authorized.

5. GO PAPERLESS TO IMPROVE PAYROLL EXPERIENCE

Printing reports, payslips, and other payroll-related documents take time, money, and lots of effort!

For instance, if you’re still printing payslips and handing them out manually to staff every payout, consider distributing payslips through email (but make sure they’re secured!) or even better through an HRIS system that allows access to electronic payslips.

As for reports and employee documents, some HR solutions already allow you to generate reports on the fly, keep an electronic 201 file, and produce the government statutory documents for electronic filing.