What Do Business Accountants Say About ACB’s Payroll Disbursement Solution?

Superior Convenience – An Unmissable Choice

While paying salaries via bank accounts is not mandatory, it’s becoming the norm for businesses. This shift standardizes financial management, ensures transparency, boosts efficiency, and saves significant time, effort, and paperwork.

“Cash payments are typically seen in small family-run businesses. However, as these businesses transition into formal enterprises, this habit is changing. Companies are opening bank accounts and adopting automated payroll systems, moving toward professional cash flow management and leaving behind handwritten ledgers,” shared Ms. Nguyễn Thanh Hà (Ho Chi Minh City), an accountant at a recently upgraded restaurant.

ACB’s payroll solution stands out with its smart features and high-security standards.

Ms. Trần Hồng Thuận (Ho Chi Minh City), an accountant at an insurance company, humorously remarked: “All transactions, especially payroll for thousands of employees, should be processed through bank accounts. ACB’s automated payroll system is incredibly convenient, executing pre-set commands anytime, anywhere. It’s tailored to handle base salaries, performance-based pay, bonuses, and benefits accurately, on time, and securely. It significantly reduces the workload for HR and accounting teams. With so many benefits, it’s a must-use service.”

Amid evolving regulations on business establishment, taxation, and employee insurance, payroll transactions through bank accounts are essential. “A company’s financial data is quickly synchronized with authorities, ensuring transparency and legal compliance. Monitoring and reconciliation become more efficient, helping businesses adapt swiftly after each transition. Additionally, employees can easily access their financial records for insurance claims, visa applications, and more,” noted Mr. Lê Đức Hùng (Binh Duong), chief accountant at a textile company.

Opening 500 Payroll Accounts in Under 4 Hours

Opening payroll accounts at ACB is simple, fast, and flexible, tailored to a company’s schedule. Recently, ACB’s Thanh Hoa branch opened 500 payroll accounts in under 4 hours, entirely paperless. Employees could immediately use the ACB ONE app (for individuals) on their phones to manage transactions and enjoy exclusive benefits.

ACB’s Vietnamese Workforce Package suits all business types, from upgraded households to large corporations.

Companies can use ACB’s payroll service via API integration with their internal systems or third-party software. The entire process is synchronized on the online banking platform, enabling accountants and HR staff to manage cash flow, reconcile, and generate reports efficiently, enhancing operational effectiveness and financial transparency. Payroll commands can be automated via the ACB ONE BIZ app (for businesses) or executed at branches.

“ACB’s payroll solution integrates seamlessly with our accounting software, ensuring smooth, secure operations. The lifetime free service has given us peace of mind since our establishment. Plus, ACB offers numerous benefits for business owners and employees, helping us care for our workforce in practical ways,” said Mr. Hồ Thành Đạt, owner of a steel plant in Binh Duong.

Through ACB business accounts, companies can access additional financial services like loans, guarantees, foreign exchange, and international transfers directly on ACB ONE BIZ.

Exclusive Financial Benefits with ACB Payroll

Businesses using the Vietnamese Workforce Package enjoy lifetime free payroll processing and other perks: free account opening and management, custom account numbers, waived annual fees for the first year on business cards, and reduced POS fees.

For the first 6 months after signing, ACB offers free online international transfers, free incoming wire transfers, and 50% off in-branch international transfers, helping businesses save on transactions and manage cash flow more effectively. Financial transparency also enhances access to preferential capital from reputable institutions.

Employees benefit too, with up to 20% off health insurance, lifetime free online money management and transfers, cashback on card issuance, and preferential personal loan rates. “Timely payroll and employee benefits strengthen the bond between workers and companies in tangible, effective ways,” Mr. Hồ Thành Đạt emphasized.

For more on ACB’s Vietnamese Workforce Package, visit here, contact the nearest ACB branch, or call the 24/7 Contact Center at 028 38 247 247.