The Bank of the Philippine Islands (BPI), led by the Ayala Group, has unveiled its new digital payroll solution, ePayroll, designed to streamline payroll management for businesses while enhancing employee onboarding. The system, integrated into BPI’s corporate banking platform, BPI BizLink, is set to simplify payroll processing, allowing businesses to onboard employees and disburse salaries with ease and efficiency.
BPI ePayroll eliminates the need for physical branch visits, enabling employees to open payroll accounts digitally. With just a few clicks, employers can upload payroll data in a single file, making the setup process faster and more accessible. Employees receive a unique reference code via email and SMS within an hour of being onboarded, which allows them to register their accounts within seven days from receiving the invitation.
“This solution brings simplicity and convenience to payroll management, offering a seamless experience for both businesses and their employees,” said John-C Syquia, BPI institutional banking head. “Through ePayroll, corporate clients can now handle the entire payroll account setup and employee onboarding digitally, empowering businesses to focus on growth.”
The system is designed to meet the demands of modern businesses by providing a secure, reliable, and user-friendly payroll solution. Employers will also benefit from daily reports to track and document newly opened accounts, further streamlining the payroll process.
BPI ePayroll, available since last month, is a part of BPI’s ongoing efforts to digitalize corporate banking services and provide innovative solutions to its clients, offering both businesses and employees a smoother, more efficient payroll experience.
