Business
Payroll Software Philippines: Complete Guide For Businesses
Managing employee salaries can become increasingly complicated as a business grows. What starts as a simple spreadsheet can eventually involve hundreds of employees, overtime, allowances, deductions, government contributions, withholding taxes, loans, bonuses, 13th month pay, and detailed payroll reports.
This is where payroll software in the Philippines can make a significant difference.
A modern payroll system can automate many of the repetitive tasks involved in payroll processing while helping businesses maintain more accurate employee records and payroll calculations. Instead of manually calculating salaries and deductions every payday, companies can use payroll management software to streamline the process and reduce the possibility of human error.
For small businesses, growing companies, and large organizations, investing in an automated payroll system in the Philippines can potentially save time, improve efficiency, and give HR and accounting teams better control over payroll operations.
What Is Payroll Software?
Payroll software is a computer-based system designed to help businesses calculate employee compensation, deductions, taxes, government contributions, and other payroll-related information.
Instead of maintaining payroll information across multiple spreadsheets and documents, businesses can keep employee records and payroll data in a centralized system.
Depending on the software, a payroll system may handle:
- Employee information
- Basic salary and wage rates
- Daily time records
- Overtime
- Night differential
- Holiday pay
- Leave deductions
- Allowances
- Bonuses
- 13th month pay
- SSS contributions
- PhilHealth contributions
- Pag-IBIG contributions
- Withholding tax
- Employee loans
- Salary deductions
- Payslips
- Payroll reports
- Year-end payroll information
The exact features vary between providers, so businesses should carefully evaluate whether a payroll application supports the requirements of their industry and workforce.
Why Do Philippine Businesses Need Payroll Software?
Payroll is one of the most important administrative functions of any company. Employees expect to receive the correct salary on time, while employers need to properly calculate and remit required deductions and contributions.
Manual payroll processing can become difficult when a company has a growing workforce.
For example, a business with 10 employees may be able to manage payroll using spreadsheets. However, a company with 100, 500, or 1,000 employees may need a more structured payroll management system.
A payroll system can help automate repetitive calculations and provide a centralized source of payroll information.
This can be particularly useful for companies with employees working different schedules, multiple branches, different salary rates, overtime, commissions, and various types of allowances.
Key Features to Look for in Payroll Software Philippines
Not all payroll systems are created equally. Before purchasing payroll software, businesses should identify the features they actually need.
1. Automated Salary Computation
One of the most important features is automated salary calculation.
The system should be capable of calculating employee compensation based on the company’s payroll schedule and compensation structure.
Depending on the business, this may include monthly salaries, semi-monthly payroll, daily wages, hourly rates, overtime, allowances, commissions, bonuses, and other compensation.
2. Government Contributions
Payroll software for Philippine businesses should support the country’s mandatory employee and employer contributions.
This commonly includes SSS, PhilHealth, and Pag-IBIG deductions and contributions.
For example, the SSS contribution schedule has undergone changes in recent years. The SSS states that the contribution rate increased to 15% effective January 1, 2025, with the maximum Monthly Salary Credit increased to ₱35,000.
This illustrates why businesses should choose payroll software that receives regular updates when government contribution rules change.
3. Withholding Tax Calculation
Another important feature is employee withholding tax computation.
Payroll software can help calculate the appropriate withholding tax based on employee compensation and applicable tax rules.
The Bureau of Internal Revenue provides official information and forms relating to withholding tax on compensation. BIR Form 1601-C, for example, is used for reporting withholding tax on compensation.
Automating these calculations can reduce the amount of manual work required from payroll and accounting personnel.
4. Employee Self-Service
Modern HR payroll software may also include an employee self-service portal.
Instead of asking HR for every payroll-related document, employees may be able to access information such as:
- Electronic payslips
- Leave balances
- Attendance records
- Payroll history
- Tax documents
- Employee information
- Company announcements
This can reduce administrative workload while giving employees faster access to their information.
5. Timekeeping and Attendance Integration
Payroll becomes much easier when the payroll system can receive attendance information directly from a timekeeping system.
Instead of manually entering employee attendance, HR personnel can import or synchronize time records.
This can help calculate regular working hours, tardiness, undertime, overtime, absences, and other attendance-related payroll adjustments.
6. Payroll Reports
A good payroll management system should provide comprehensive reports.
Common payroll reports include:
- Payroll register
- Employee payroll summary
- Salary reports
- Deduction reports
- Government contribution reports
- Tax reports
- Department payroll reports
- Branch payroll reports
- Overtime reports
- Leave reports
- Payroll journals
These reports can also be useful for accounting, budgeting, auditing, and management decision-making.
Cloud-Based Payroll Software vs. Desktop Payroll Software
Businesses looking for payroll software in the Philippines will typically encounter both cloud-based and traditional desktop systems.
Cloud Payroll Software
Cloud-based payroll software stores the application and data on remote servers and can generally be accessed through an internet connection.
One advantage is accessibility. Authorized users may be able to access payroll information from different locations without installing the complete application on every computer.
Cloud software can also be attractive to companies with remote HR teams, multiple branches, or employees working from different locations.
However, businesses should evaluate the provider’s security measures, backup policies, user permissions, data protection practices, and service availability before subscribing.
Desktop Payroll Software
Traditional payroll applications are installed directly on company computers or servers.
This approach can provide businesses with greater control over their internal infrastructure and may be suitable for organizations with established IT departments.
However, companies may need to manage their own backups, server infrastructure, software updates, security, and technical maintenance.
Payroll Software and Philippine Government Compliance
Payroll processing in the Philippines involves more than simply calculating an employee’s salary.
Employers need to consider applicable labor, tax, and government contribution requirements.
For example, employers are responsible for properly handling SSS contributions. The SSS states that employers must use the applicable contribution schedule and provides electronic facilities for contribution reporting and payment.
Payroll software can make compliance-related calculations more manageable, but businesses should not assume that software automatically guarantees compliance.
Government rules can change. Contribution schedules, tax regulations, reporting requirements, and other policies may be updated over time.
Therefore, companies should select payroll software with a reliable update process and should regularly verify important payroll rules against official government sources.
Benefits of Using Payroll Software for Small Businesses
Payroll software is not only for large corporations.
Small and medium-sized businesses can also benefit from payroll automation.
Save Time
Automated calculations can significantly reduce the amount of time spent preparing payroll manually.
Instead of repeatedly entering formulas into spreadsheets, HR personnel can process payroll using predefined rules and employee information.
Reduce Human Errors
Manual payroll processing can result in incorrect formulas, duplicate entries, missing deductions, or incorrect employee information.
While payroll software cannot eliminate every possible mistake, automation can reduce many errors associated with repetitive manual calculations.
Improve Payroll Security
Payroll information is highly sensitive because it contains employee compensation and personal information.
Businesses should therefore consider software that provides user access controls, passwords, audit logs, backups, and appropriate security measures.
Improve Employee Experience
Employees want accurate and timely salary payments.
Providing electronic payslips and self-service access can also make it easier for employees to review their compensation and payroll history.
How Much Does Payroll Software Cost in the Philippines?
The cost of payroll software in the Philippines can vary significantly depending on the provider, number of employees, features, deployment model, and level of support.
Some providers offer subscription-based pricing, while others may charge an annual license or implementation fee.
Businesses should consider the total cost of ownership rather than simply comparing the advertised monthly subscription.
Potential costs may include:
- Monthly or annual software subscription
- Implementation fees
- Employee or user fees
- Customization
- Payroll migration
- Training
- Technical support
- Integration with accounting software
- Timekeeping integration
- Additional modules
A cheaper payroll application may not necessarily be the best option if it lacks essential features or requires significant manual work.
Payroll Software vs. Payroll Outsourcing
Some companies consider payroll outsourcing instead of purchasing payroll software.
With payroll outsourcing, an external payroll service provider handles some or most payroll-related processes on behalf of the company.
This can be attractive to businesses without dedicated HR or payroll personnel.
Payroll software, on the other hand, gives the company greater control over its internal payroll operations.
The right choice depends on the organization’s size, internal resources, budget, technical capabilities, and preference for control.
Some businesses may even use a combination of payroll software and external accounting or payroll services.
How to Choose the Best Payroll Software in the Philippines
Choosing payroll software should not be based solely on price.
Before signing a contract, businesses should evaluate the following:
- Number of employees: Make sure the system can support your current workforce and future growth.
- Payroll frequency: Check whether it supports your required payroll schedule.
- Government compliance: Verify that the software supports applicable Philippine payroll requirements.
- Accounting integration: Determine whether payroll can integrate with your accounting system.
- Timekeeping integration: Check whether attendance data can be imported automatically.
- Security: Review access controls, encryption, backups, and audit capabilities.
- Reports: Make sure the system provides the reports required by HR, accounting, and management.
- Support: Choose a provider with responsive technical and customer support.
- Updates: Ask how the provider handles changes to tax and government contribution rules.
- Scalability: Choose software that can grow with your business.
Payroll Software for Multi-Branch Businesses
Companies operating multiple branches have additional payroll challenges.
Employees may have different schedules, managers, departments, locations, and cost centers.
A centralized payroll system can help management consolidate payroll information while still allowing reports to be separated by branch or department.
This can be especially useful for retail stores, restaurants, hotels, construction companies, logistics businesses, and other organizations with employees distributed across multiple locations.
Payroll Software Integration With Accounting and HR Systems
The real value of payroll automation can increase when payroll software is connected to other business systems.
For example, an integrated business management platform could connect:
- Human Resources
- Payroll
- Timekeeping
- Accounting
- Employee Self-Service
- Expense Management
- Banking or salary disbursement
Integration can reduce duplicate data entry and make information easier to manage across departments.
For larger organizations, payroll integration can also help create a more centralized source of employee and financial information.
Common Payroll Problems That Software Can Help Solve
Businesses frequently encounter payroll problems caused by manual processes.
Some common examples include:
- Incorrect salary calculations
- Late payroll processing
- Incorrect overtime calculations
- Missing deductions
- Incorrect government contributions
- Duplicate employee records
- Lost payroll spreadsheets
- Difficulty tracking payroll history
- Limited payroll reports
- Manual encoding of attendance data
- Difficulty managing multiple branches
A properly implemented payroll system can help standardize these processes and make payroll easier to manage.
Is Payroll Software Worth It?
For many businesses, payroll software can be a worthwhile investment when the time and risks associated with manual payroll processing become significant.
The return on investment is not limited to the number of hours saved by the HR department.
Businesses should also consider the potential value of fewer payroll errors, faster reporting, better employee service, improved data security, and easier compliance management.
For a growing company, payroll automation can also provide a foundation for a broader HR management system.
Choosing the Right Payroll Solution for Your Business
Payroll software in the Philippines can help businesses modernize one of their most important administrative processes.
From salary calculations and employee deductions to government contributions, tax reporting, payslips, and payroll reports, automation can reduce repetitive work and provide HR and accounting teams with better control over payroll operations.
However, choosing the right payroll system requires careful evaluation.
Businesses should consider their number of employees, payroll requirements, industry, budget, security needs, government compliance requirements, accounting software, and future growth.
For small businesses, a simple cloud payroll application may be enough. Larger companies may benefit from an integrated HR and payroll software platform connected to timekeeping, accounting, employee self-service, and other business systems.
Most importantly, businesses should regularly verify payroll rules and government requirements against official sources because regulations and contribution schedules can change.
With the right technology and processes in place, payroll can move from a time-consuming administrative task into a more efficient, secure, and manageable business operation.
Frequently Asked Questions About Payroll Software Philippines
What is the best payroll software in the Philippines?
The best payroll software depends on the size and requirements of the business. Companies should compare features such as Philippine tax and government contribution support, employee self-service, attendance integration, accounting integration, reporting, security, pricing, and customer support.
Is payroll software suitable for small businesses?
Yes. Small businesses can benefit from payroll software because it can automate salary calculations, deductions, payslips, and payroll reports without requiring extensive manual spreadsheet work.
Does payroll software calculate SSS, PhilHealth, and Pag-IBIG?
Many Philippine payroll systems provide support for mandatory government contributions. However, businesses should confirm the specific version and current schedules supported by the software before purchasing or relying on it for payroll processing.
Can payroll software calculate withholding tax?
Many payroll applications include withholding tax computation. However, businesses should verify that the software is updated according to current BIR rules and applicable tax regulations.
Should I use cloud-based payroll software?
Cloud payroll software can be useful for businesses that need remote access, centralized data, automatic updates, or support for multiple locations. However, companies should evaluate security, backups, user permissions, internet requirements, and the provider’s reliability before choosing a cloud solution.
Can payroll software integrate with accounting software?
Many modern payroll systems offer accounting integrations or payroll journal exports. Integration can reduce duplicate data entry and make it easier to transfer payroll information to the accounting department.
Business News Philippines was launched in October 2015 as a portal for readers to learn more about operating a business in the Philippines.
Jade Warshaw explains how a “scorched earth” budget can help Americans build a $1,000 emergency fund in as little as 30 days.
Some Americans may think saving $1,000 in just a matter of months is out of reach, but personal finance expert Jade Warshaw says they may be making it harder than it needs to be.
The co-host of “The Ramsey Show” told FOX Business that many Americans can stash away $1,000 in as little as 30 days — but only if they’re willing to make temporary sacrifices and take what she calls a “scorched earth” approach to their finances.
“It’s more realistic than people think,” Warshaw said.
“Most people are able to do it in 30 days,” she added, referring to Ramsey Solutions’ first “Baby Step,” which calls for saving $1,000 before moving on to paying off debt, building a larger emergency fund and investing for retirement.
CHECKERS & RALLY’S CEO SAYS AMERICANS’ DEMAND FOR FAST-FOOD VALUE IS ‘INTENSIFYING’
Jade Warshaw, co-host of “The Ramsey Show,” said that most Americans can save $1,000 faster than they think with a budget and temporary lifestyle changes. (FOX Business)
Just 47% of Americans say they have enough cash or accessible funds to cover a $1,000 emergency expense, according to a Bankrate survey.
The strategy starts with building a budget, according to Warshaw.
“If you don’t have a budget, it’s not going to work,” she said.
From there, Warshaw then recommends attacking the problem from both sides by both spending less and bringing in more.
That could mean taking on overtime work, driving for a rideshare company, tutoring or selling unused belongings while simultaneously trimming recurring expenses like subscriptions, restaurant meals and transportation costs.
Warshaw said food is one of the easiest places for Americans to find quick savings.
Restaurant meals, takeout and delivery can quietly eat up hundreds of dollars a month. Bringing lunch from home, for example, can help cut the cost dramatically.
Warshaw recommends attacking the problem from both sides by both spending less and bringing in more. (iStock)
“For the average person, they could spend anywhere between $12 to $15 going out for lunch, but making that same lunch at home, you could save half and only spend $5 or $6,” Warshaw said.
With the holiday shopping season approaching, Warshaw said Americans don’t necessarily have to cancel Christmas or abandon family traditions to hit a savings goal.
Instead, consumers should decide whether it’s more realistic to temporarily cut spending or increase their income.
“If a family says, ‘I’d like to save $1,000 in the month of December,’ well, it’s going to be tough because you’ve got Christmas going on,” she said.
Rather than skipping holiday traditions, she suggested finding ways to earn extra cash through temporary side gigs rather than trying to eliminate every holiday expense.
WALMART MAKES CHANGES TO HOW MILLIONS OF CUSTOMERS CAN PAY AT CHECKOUT
Warshaw said restaurant meals, takeout and delivery can quietly eat up hundreds of dollars a month. (iStock)
Warshaw also noted that some Americans receive large tax refunds because too much money is withheld from their paychecks. Adjusting a W-4 could put more money in workers’ pockets during the year rather than leaving them waiting for a refund.
CLICK HERE TO GET FOX BUSINESS ON THE GO
For Americans trying to get out of debt, Warshaw also said it may make sense to temporarily pause retirement contributions while building the initial $1,000 emergency fund and paying off high-interest consumer debt.
“The first thing that you want to do is get $1,000 saved,” she said. “The next thing that you want to do is pay off your consumer debt.”
Artificial intelligence is no longer limited to large technology companies. In the Philippines, AI is creating new opportunities for freelancers, entrepreneurs, professionals, and small business owners who want to build an income stream with relatively low startup costs.
From AI-powered digital marketing and customer service chatbots to business automation and AI consulting, entrepreneurs can use existing AI tools to provide valuable services without developing their own artificial intelligence technology.
The opportunity is particularly interesting for small businesses. Many Philippine businesses want to use AI to reduce repetitive work, improve customer service, create content, analyze information, and increase productivity, but they may not have the technical knowledge or resources to implement these solutions themselves.
If you are looking for AI business ideas in the Philippines, here are ten opportunities worth considering in 2027.
1. AI-Powered Digital Marketing Agency
Digital marketing is one of the most accessible businesses you can combine with artificial intelligence.
You can create a small agency that helps businesses with social media content, advertising campaigns, email marketing, search engine optimization, blog articles, product descriptions, and marketing strategies.
AI tools can help you speed up research, generate content ideas, create drafts, analyze customer feedback, and develop marketing variations. However, human editing and strategy remain important because businesses need content that accurately represents their brand.
Your potential clients could include restaurants, hotels, real estate agents, online sellers, clinics, retail stores, contractors, and professional service providers.
You can offer monthly packages instead of charging only per project. For example, a package could include social media content, blog articles, basic SEO, email campaigns, and monthly marketing reports.
Why this business has potential: Businesses continuously need marketing services, which can create recurring monthly revenue.
2. AI Automation Service for Small Businesses
Many small businesses still perform repetitive tasks manually. This creates an opportunity for entrepreneurs who understand how to connect AI tools with existing business applications.
An AI automation business can help companies automate tasks such as lead management, appointment scheduling, customer inquiries, email responses, document processing, reporting, and internal notifications.
For example, a real estate company could use automation to capture leads from its website, organize customer information, send follow-up messages, and notify sales agents.
A restaurant could use automation to handle frequently asked questions, reservation inquiries, and customer feedback.
You do not necessarily need to build an AI model from scratch. Many businesses simply need someone who can understand their workflow and configure existing software and automation platforms.
Business model: Charge an initial setup fee and then offer a monthly maintenance or support plan.
3. AI Chatbot Development Service
Customer service is another area where AI can provide significant business value.
You can build and manage AI chatbots for websites, Facebook pages, online stores, and other digital channels. These chatbots can answer frequently asked questions, provide product information, collect leads, explain services, and direct customers to the appropriate department.
For example, a hotel chatbot could answer questions about room types, amenities, check-in times, locations, and booking procedures. A real estate chatbot could collect information about a customer’s preferred property type, budget, and location.
The key is not simply selling a chatbot. Instead, sell the business outcome: faster customer response, fewer repetitive inquiries, and better lead collection.
This can also become a recurring-revenue business because clients may need ongoing chatbot updates, monitoring, and optimization.
4. AI Content Creation Business
Content remains important for businesses that want to attract customers through search engines and social media.
You can create an AI-assisted content service specializing in blog articles, website copy, social media posts, newsletters, product descriptions, scripts, and other marketing materials.
AI can significantly reduce the time required for research and first drafts. Your value comes from improving the output through fact-checking, editing, brand customization, SEO optimization, and human creativity.
A specialized approach can be more profitable than trying to serve everyone. For example, you could focus on:
- Real estate companies
- Hotels and tourism businesses
- Financial service companies
- Restaurants
- Online stores
- Construction companies
- Professional services
- Local Philippine businesses
Specialization also makes it easier to develop industry-specific knowledge and create repeatable processes.
5. AI SEO Service for Philippine Businesses
Search engine optimization can be another attractive AI-related business opportunity.
Thousands of Philippine businesses have websites but struggle to generate traffic from Google and other search engines. You can provide an AI-assisted SEO service that helps businesses identify keywords, create content strategies, optimize existing pages, improve internal linking, and develop useful articles.
AI can assist with keyword research, content outlines, competitor analysis, title ideas, content briefs, and optimization suggestions.
However, SEO is not simply about generating hundreds of AI articles. Search engines and customers both benefit from useful, accurate, original content. Your service should focus on creating genuinely valuable information that matches search intent.
You could charge clients through monthly SEO packages, project-based optimization, or individual website audits.
6. AI Accounting and Bookkeeping Assistance
Accounting and financial management are areas where businesses are increasingly interested in technology and automation.
If you have accounting knowledge, you can create a service that combines your expertise with AI-powered software to help small businesses organize financial information, automate administrative tasks, prepare reports, and improve financial workflows.
Potential services may include invoice organization, expense categorization, financial reporting assistance, document processing, and bookkeeping workflow automation.
It is important to understand that AI should assist qualified professionals rather than replace professional judgment. Financial information is sensitive, and businesses need appropriate security, privacy controls, and human review.
Why this can be attractive: Accounting and financial management are recurring business needs, so clients may require ongoing services rather than a one-time transaction.
7. AI Consulting for Small and Medium Businesses
One of the most interesting AI business opportunities in the Philippines is AI consulting.
Many business owners have heard about artificial intelligence but do not know where to begin. They may be interested in AI but unsure which tools to use, what processes should be automated, or how much they should spend.
An AI consultant can evaluate a company’s workflow and identify practical opportunities for AI adoption.
For example, you could review how a company handles customer inquiries, marketing, sales leads, employee documents, reporting, and administrative tasks. You can then recommend specific AI tools and implementation strategies.
Your services could include:
- AI readiness assessments
- AI tool recommendations
- Workflow analysis
- Business process automation
- AI employee training
- AI implementation support
- AI policy and usage guidelines
This type of business can command higher fees because you are selling expertise and business solutions rather than simply selling hours.
8. AI Training and Online Courses
As AI adoption grows, employees and business owners need to learn how to use these technologies effectively.
If you have experience with AI tools, you can create online courses, workshops, webinars, or corporate training programs.
You could teach topics such as AI for small businesses, AI for marketing, AI productivity tools, AI for customer service, AI-assisted research, or responsible AI usage in the workplace.
Instead of creating a generic “How to Use AI” course, consider targeting a specific audience.
For example, an online course titled “AI Tools for Philippine Real Estate Agents” has a much clearer target market than a generic AI course.
You can monetize training through course sales, live workshops, corporate training, memberships, or consulting services.
9. AI-Powered Lead Generation Service
Businesses are always looking for new customers, making lead generation another potentially profitable service.
You can build a lead-generation business that uses AI to help identify prospects, organize customer information, personalize outreach, qualify leads, and automate follow-ups.
For example, you could help a real estate company generate and organize potential buyers, help a B2B company identify potential business customers, or help a service company manage inquiries from its website.
The important factor is to comply with applicable privacy, anti-spam, and data-protection requirements. Businesses should also avoid sending unsolicited or misleading messages.
Instead of charging only for leads, you could offer a monthly package that includes lead management, automation, reporting, and optimization.
10. AI-Powered Online Business or Niche Website
You do not necessarily have to sell AI services to make money with artificial intelligence. You can also use AI to operate your own online business more efficiently.
One example is building a niche website focused on a profitable topic. Potential niches include personal finance, business, insurance, technology, careers, education, software, real estate, and entrepreneurship.
AI can assist with research, content planning, article outlines, SEO ideas, social media content, email newsletters, and other publishing tasks.
The website can potentially generate revenue through advertising, affiliate marketing, sponsored content, digital products, memberships, or lead generation.
However, building a successful website still requires substantial human effort. You need to research topics, verify information, understand your audience, maintain quality, and consistently publish useful content.
How Much Money Can You Make With an AI Business?
There is no guaranteed income from an AI business. Your potential earnings will depend on your skills, target market, pricing, sales ability, service quality, and ability to retain customers.
A freelancer might begin with a few small clients while building a portfolio. As the business develops, the entrepreneur can move toward higher-value services such as automation, consulting, software implementation, and corporate training.
Recurring revenue can be particularly valuable. Instead of completing a project once and finding another customer, you can offer monthly services such as AI automation management, SEO, chatbot maintenance, content creation, or digital marketing.
How to Start an AI Business in the Philippines
You do not need a large office or expensive equipment to get started with many AI business models.
Start by choosing one specific problem you can solve. Avoid starting with the idea of simply “selling AI.” Customers generally do not buy technology because it is new. They buy solutions that save time, reduce costs, increase sales, improve customer service, or make their work easier.
Follow these basic steps:
- Choose a niche. Pick a specific industry or customer group.
- Identify a problem. Find repetitive, expensive, or time-consuming tasks.
- Learn the right AI tools. Focus on tools that directly solve the problem.
- Create a simple service package. Make your offer easy for customers to understand.
- Build a demonstration. Show potential clients what your solution can do.
- Find your first customers. Start with your network, local businesses, LinkedIn, Facebook, and other appropriate channels.
- Measure results. Track time saved, leads generated, costs reduced, or other business outcomes.
- Turn successful projects into recurring services.
The growth of artificial intelligence is creating new opportunities for entrepreneurs in the Philippines. You do not necessarily need to be an AI programmer or develop your own artificial intelligence system to build a business around this technology.
The biggest opportunity may actually be in helping traditional businesses use AI effectively.
Whether you choose AI digital marketing, business automation, chatbots, SEO, accounting assistance, consulting, training, lead generation, or an AI-powered online business, the most important factor is to solve a real problem for a specific customer.
Start small, learn continuously, and focus on measurable business results. As more Philippine businesses adopt AI, entrepreneurs who can successfully connect technology with practical business needs may find significant opportunities for growth.
AI is the technology. The business opportunity is in knowing how to use it to create value.
Business News Philippines was launched in October 2015 as a portal for readers to learn more about operating a business in the Philippines.
Company Participants
Jason Rechel – Investor Relations Head
Ara Mahdessian – Co-Founder, Chairman of the Board & CEO
Vahe Kuzoyan – Co-Founder, President & Director
Dave Sherry – Chief Financial Officer
Conference Call Participants
David Hynes – Canaccord Genuity Corp., Research Division
Michael Turrin – Wells Fargo Securities, LLC, Research Division
Dylan Becker – William Blair & Company L.L.C., Research Division
William Fitzsimmons – Piper Sandler & Co., Research Division
Christopher Quintero – Morgan Stanley, Research Division
Scott Berg – Needham & Company, LLC, Research Division
Tyler Radke – Citigroup Inc., Research Division
Nicholas Altmann – BTIG, LLC, Research Division
J. Lane – Stifel, Nicolaus & Company, Incorporated, Research Division
Jason Celino – KeyBanc Capital Markets Inc., Research Division
Terrell Tillman – Truist Securities, Inc., Research Division
Joseph Vruwink – Robert W. Baird & Co. Incorporated, Research Division
Andrew Sherman – TD Cowen, Research Division
Daniel Jester – BMO Capital Markets Equity Research
Yun Suk Kim – Loop Capital Markets LLC, Research Division
Presentation
Operator
Thank you for standing by, and welcome to ServiceTitan’s Second Quarter Fiscal Year 2027 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Jason Rechel, Vice President, Investor Relations. Please go ahead.
Jason Rechel
Investor Relations Head
Thank you, operator, and welcome, everyone, to ServiceTitan’s Fiscal Second Quarter 2027 Earnings Conference Call. With me are ServiceTitan’s Co-Founder and CEO, Ara Mahdessian; Co-Founder and President, Vahe Kuzoyan; and CFO, Dave Sherry. During today’s call, we’ll review our fiscal second quarter 2027 results. We will also discuss our guidance for the third fiscal quarter and full fiscal year 2027.
Before we get started, we want to draw your attention to the safe harbor statement included in today’s press release and emphasize that information discussed on this call, including our guidance, is based on information as of
Stocks have slipped and oil flirted with $US100 a barrel prices as investors fretted over potential inflation concerns and ongoing conflict in the Middle East.
Strong population growth and a shortage of new supply are bolstering the state’s retail property sector.
The cliffside village of Atrani at sunset along the Amalfi Coast, Campania, southern Italy.
© Marco Bottigelli | Moment | Getty Images
Fall is the new peak season for luxury travel, as the wealthy continue to shift their holidays to September and October to avoid the summer crowds, according to a new study.
Fall bookings for luxury travel and experiences are up 59% compared with last year, while sales surged 69%, according to Virtuoso, the global luxury travel network. September is now a peak month, with sales up 77%. October and November sales are up 54% and 71%, respectively.
Virtuoso calls it the “fallcation,” with the wealthy moving their typical summer getaways to autumn.
“Especially for the high-net-worth and ultra-high-net-worth group, we’re seeing huge gains for fall this year,” said Misty Belles, vice president at Virtuoso. “September is really eclipsing August. That shoulder season is no longer really a shoulder season. It’s becoming a peak season unto itself.”
While the shift to fall has been happening for years, it accelerated in 2025 and 2026, travel experts said.
Summer heat waves in Europe have made travel in July or August increasingly unpleasant. Growing wealth and the shift in spending from goods to experiences have fueled more luxury travel and ever-growing crowds in popular destinations like southern Italy and France. Top hotels and restaurants are often fully booked and charging ever-higher prices, making a summer trip to Europe often an exercise in disappointment.
Demographics also play a role. Most wealth is now held by baby boomers, who are often retired and enjoying global travel. Gen Xers are joining them, since their kids are often grown and are no longer tied to the school calendar. Add in the millennial and Gen Z digital nomads, who aren’t tied to the office, and the population of wealthy travelers who can ditch the traditional summer months in favor of fall is growing.
“Wealthy travelers have more experience. They have experienced destinations in the summer,” Belles said. “They know it’s hot. They know it’s crowded. They know it’s not often the best time to see a destination, so they’re shifting over to fall because the lines are going to be shorter, less crowded and the temperatures are more moderate.”
The most popular destinations for wealthy Americans this fall are largely in Europe, according to Virtuoso. Paris is the top destination, followed by the Amalfi Coast, the French Riviera, Tuscany in Italy and then New York. London, Lake Como, Italy, Maui, Hawaii, and Rome are also popular.
There are signs, however, that the fallcation is recreating some of same problems travelers are trying to avoid in the summer. Hotel rates in Europe for September are now close to summer rates, with some charging even more, travel experts said. Average daily hotel rates are up 131% in the Greek Isles, 78% in Puglia in Italy and 179% on the French Riviera, according to Virtuoso.
© Marco Bottigelli | Moment | Getty Images
Crowds in Southern Europe could start to rival July and August, especially in wealthier resorts.
“I don’t think they’re expecting no crowds,” Belles said. “But they are expecting a better experience than they would see in the summer and I think that’s going to continue for a while.”
Belles recommended traveling in November to avoid the September and October crowds, although November bookings are also up 70%.
More broadly, demand for luxury travel is pushing up high-end hotel rates around the world. Bookings at hotels charging $1,500 or more per night are up 37% compared with last year. Luxury international hotels now average $1,653 a night, up from $985 in 2019, according to Virtuoso.
“Rates are growing at a faster clip [for luxury] than the lower-rate hotels, so that tells us there is a premium placed on the experience,” Belles said. “The demand is certainly strong.”
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The Trump administration will ban imports of Canadian dairy products, most alcoholic beverages and motorcycles, the White House announced Tuesday, marking a sharp escalation in the trade dispute between the neighboring countries.
The restrictions will take effect in three weeks, according to the White House. The move came hours after Canada imposed retaliatory tariffs on $20 billion worth of U.S. imports.
The latest action deepens a trade conflict between two of North America’s largest trading partners, with both governments imposing new measures despite their closely integrated economies and longstanding commercial relationship.
This is a developing story. Check back later for updates.
VAIL, COLO. — Nearly two years after the make America healthy again (MAHA) movement evolved from a campaign slogan to an official driver influencing federal policy and food manufacturing decisions, sugar industry leaders are assessing its broader impact on consumer perceptions of sugar and purchasing behavior, even as policymakers continue to pursue measures aimed at changing both.
“If you follow it closely, like I do, it feels like a disaster,” Courtney Gaine, president and chief executive officer of The Sugar Association, told attendees at the 41st annual International Sweetener Symposium in Vail. “You’ve got somebody with a very loud microphone and an echo chamber, and it feels like it’s been a nonstop barrage of attacks on sugar, whether it’s that sugar is as addictive as crack or sugar is poison. Then in January, the United States was launching a war on sugar. It’s hard to fight back against this narrative, so you kind of take it and hope that the damage isn’t too extreme.”
Gaine, a registered dietitian who also has a PhD in nutritional sciences and biochemistry, said the MAHA rhetoric, especially from Health and Human Services Secretary Robert F. Kennedy Jr., appears at odds with reality.
“We did a survey last March and it turns out that MAHA supporters are genuinely OK with sugar, so even though this movement is powerful and it’s loud and it’s chaotic, we felt like sugar might fare OK,” Gaine said, adding that another survey conducted in March of this year showed similar results. “About 90% of MAHA supporters still, a year and a half into the MAHA movement, feel that sugar is an important part of the diet and are okay with it.”
Brandon Lipps, a principal at Caprock Strategies who presented alongside Gaine at the Sweetener Symposium, said that while consumer demand for sugar has not collapsed, the emotional rhetoric behind the MAHA movement continues to drive policy change that has the potential to impact sugar usage.
“When you talk to parents whose kids have health issues, and when you talk to families who are dealing with health issues, and when Secretary Kennedy quotes all these statistics and tells them that they have a solution, they’re going to buy it,” Lipps told the Symposium attendees. “Emotion moves. It gains momentum. The only defense that sugar has is that the facts are actually on your side.”
“Emotion moves. It gains momentum. The only defense that sugar has is that the facts are actually on your side,” said Brandon Lipps (left), principal at Caprock Strategies.
| Source: Sosland Publishing Co.Both Lipps and Gaine pointed to a chart showing obesity rates among adults and children climbed sharply even as added sugar consumption steadily declined.
“There are folks that have a lot of problems in this country, but sugar is not the single cause,” Lipps said. “It’s maybe not even a major cause of the health epidemic in this country.”
Still, recent policies that have either passed or are currently under legislative consideration may directly influence the decisions of consumers and food manufacturers when it comes to buying or making products with sugar. These include front-of-label packaging, reformulating school meals to align with the sugar consumption limits recommended in the 2025-2030 Dietary Guidelines for Americans, and restrictions on using federal-assisted food program dollars to purchase foods made with sugar.
Lipps said that despite evidence pointing toward consumers’ acceptance of sugar and the data that shows an incongruent correlation between obesity and sugar consumption, the Trump administration is targeting sugar usage as an easy win for political gains.
“We acknowledge we have a health crisis in this country, but we don’t know what the solution is,” he said. “But if I go on the campaign trail and cite all these statistics to you and I tell you that I’ve got the solution, you’d perk up and listen. And America is doing that. The thing that Secretary Kennedy did is he didn’t create the MAHA movement, he created the MAHA political narrative out of a movement that was out in the countryside.”
Gaine shared a similar perspective.
“Asking the MAHA supporters specifically about the rhetoric that had come out from RFK Jr. about the war on sugar and about sugar being as addictive as crack and about sugar being poison, about 60% of MAHA supporters feel that rhetoric goes too far,” she said. “There’s a lot still to come with what’s on the table for the MAHA movement, not to mention that the MAHA movement doesn’t necessarily end when the Trump administration ends. It actually might get stronger.”
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