2011
MPM was founded in January 2011 by Maria Lourdes P. Macabasco-Yanuaria who’s a Certified Public Accountant, Certified Financial Consultant, Certified Payroll Professional and Registered Financial Planner. She graduated from the University of Santo Tomas in 2005 with Bachelor of Science in Accountancy and passed the CPA Board Exam on the same year at the age of 19 years old. She previously worked with Sycip, Gorres, Velayo (SGV) & Co., Shell Shared Services BV Asia and Bangko Sentral ng Pilipinas (BSP) before she founded MPM.
She started as a sole proprietor offering outsourced services on bookkeeping, tax preparation, payroll and business registration for Micro, Small and Medium Enterprises (MSMEs) in the Philippines.
Our founder had an experienced working on large private businesses and she noticed the big difference on how a large enterprises manage their accounting as compared to MSME.
She noticed that large enterprises ensures proper accounting, tax and payroll process is in place while MSMEs don’t. And as a result, they become vulnerable to government audit and face huge amount of penalties especially from the Bureau of Internal Revenue (BIR).
She have seen several stories of MSME who were successful with their business only to struggle or be closed down because of all the tax liabilities and penalties they’ve incurred from inaccurate and incomplete tax form filing or payment.
Such realization inspired her to help MSME with their accounting, tax and payroll processes to minimize their exposure to the said unfortunate events during audits. Using her experience working with large private companies, she helped improve the quality of accounting, tax and payroll processes of many MSME.
2012
In 2012, she was joined by Jayson A. Yanuaria, who’s an Information Technology Professional / Software Engineer who has extensive experience in software development especially Philippine Payroll.
Together they’ve developed software to automate accounting, tax and payroll process. These software are MPM Accounting Software and MPM Payroll Software which they use internally for their outsourced clients. In addition, they also developed MPM Project Software which is a project management software they use internally to manage their growing number of clients.
2016
In 2016, the company was incorporated and became MPM Consulting Services Inc. and were joined by dedicated incorporators who were also a long time employees.
2017
The company started full cloud based adaption and started the development of MPM Accounting 2 and MPM Payroll 2 to improve the systems accessibility and scalability.
2020
After successfully using the software for almost a decade, In 2020, MPM started offering their MPM Accounting and MPM Payroll Software as a service (SAAS) and helped business owners, freelancers and accountants do their accounting, tax and payroll processes on their own.