Hi YC! We’re Jonathan, Thomas and Cayter.
Ajourney is building Gusto for South East Asia (SEA).
The Problem
Running payroll is a very repetitive activity. We’ve identified 3 areas that can be better.
First, most payroll software in SEA act as a calculator to calculate compliance contributions but do not automate the other aspects of running a payroll such as:
- Collection of attendance or commissions data for salary computation
- Handling payments through bank and government portals
Second, hiring of remote contractors in SEA is increasing with greater adoption of remote working tools for small businesses. Manual payments have to be made separately from payroll.
Third, businesses growing regionally in SEA usually outsource payroll as they do not want to build internal competency in payroll compliance for every market.
Our Approach
Ajourney helps businesses to manage their payroll end-to-end from data collection to disbursements, compliance filings and payments.
We reduce repetitiveness and time spent on payroll through integrations and workflow automation.
Besides software, we offer customer support to help companies on their payroll compliance needs. Customers can enjoy the benefits of both in-sourced payroll and outsourced payroll through a single offering.
We are currently building our product for the Singapore market and will expand to more markets at a later date.
Our Team
We are 3 technical co-founders and can relate to the problem well because of previous pains we have experienced.
I previously co-founded a groceries delivery startup in SEA. Payroll was messy - we outsourced and always had difficulty getting a consolidated view across markets.
Thomas worked with small medium businesses in a previous startup and saw the struggles of business owners running payroll manually on spreadsheets.
Cayter has wide exposure into payments and has seen the challenges and costs in handling payments across borders.
Our Asks
If you:
- Are based in Singapore
- and/or hire contractors remotely
- and/or have expanded regionally
We’ll love to speak to you to understand how you are handling your payroll.
If you can make referrals to potential customers in Singapore, we will really appreciate it!
Drop us a note at founders@ajourney.io
Thank you!