In mid-2005, the founders of PayAsia observed the aggressive expansion of Payroll Outsourcing Multi-National Companies (MNCs) into the Asia Pacific region had created a “new demand”. In the process of this expansion, these MNCs, being large enterprises, had acquired a significant number of local payroll companies.
PAYASIA’S PHILOSOPHY IS SIMPLE – TO HELP OUR CLIENTS GROW THROUGH PROCESS AND TECHNOLOGY DRIVEN REGIONAL SOLUTIONS, SO THEY CAN FOCUS ON THEIR CORE BUSINESS INTERESTS.
With their extensive overheads, complex management structures and Tier 1 software solutions, they were unwilling to service local and regional SMEs with efficient and cost effective payroll solutions.
From this observation, PayAsia was formed in 2006 to service the gap in the Asia Pacific market, initially focusing on serving small to medium sized enterprises. PayAsia’s philosophy then and now is simple – to help our clients grow through Process and Technology driven regional solutions, so they can focus on their core business interests.
Today PayAsia is a leader in International Payroll and HR Outsourcing in Asia Pacific servicing our clients in 18 countries.