ALLOWING YOU TO FOCUS ON RUNNING YOUR BUSINESS
PAYROLL PROCESSING
Payroll is one of the single most critical elements of both financial and HR management for any business regardless of its size. So deciding whether it is best to maintain an in-house payroll solution / administrative group or to hand over the function to a third-party provider can be a difficult decision. Magsaysay is able to adapt and apply processes that would be applicable to different nationalities, applicable labor and compensation laws or jurisdictions. In addition, Magsaysay recognizes the uniqueness of the payroll process for crew on board merchant marine vessels and has developed a tailored service accordingly.
The services include:
· Electronic Pay Check and Bank Pay Advise Generation
· Maintenance of Payroll Registers
· Government and Benefits Report and Advise Generation
· Management Report Generation
· Seafarer Allotment Processing
· Seafarer Pay-On-Board, Sign-off Pay and Leave Pay Processing
· Seafarer Union Payments Processing and Reporting
VESSEL ACCOUNTING
Magsaysay provides a full-range of vessel accounting services for ship owners and ship managers to enable them to concentrate on what you do best – running your ships - and leave the non-core functions, such as accounting, to an accounting professional.
The services include:
· Maintenance of Master’s/Vessels General Accounts
· Processing and Recording of Crew Related Expenses
· Processing and Recording of Government Mandated Contributions
· Recording of Transactions from Vessel’s Operating Fund
· Reports and Records Uploading to Client Systems
INDEPENDENT VESSEL INSPECTION
Magsaysay maintains a technical team of experienced and certified superintendents and vessel inspectors in the Philippines that can provide the following services for ship owners and managers with vessels operating in Asia:
· Vessel Pre-Purchase Inspection
· Vessel Condition Surveys
· Shipboard ISM and ISPS Internal Audits
· Technical Inspections
· Dry Docking Supervision
RIDING REPAIRS AND MAINTENANCE
Magsaysay provides riding marine works, maintenance and service from our headquarters in the Philippines. Our team of technicians and engineers are capable of conducting container van repairs, electro-hydraulic crane repair, heavy equipment maintenance and conducting corrosion control activities on board your vessels.
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