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Created and Maintained by Monkey Solutions
Specialists in processes and technology for payroll administration
We integrate specialists, world-class processes, and cutting-edge technology to become an extension of or your payroll department, through robust infrastructure, solid expertise, and management experience with over 150 corporations across Latin America, thus ensuring compliance with all obligations generated by your payroll.
Cost-Benefit Analysis of Our Payroll Processing Solutions.
To make the right comparison.
To get the most accurate idea possible of what you can gain and save by entrusting your company’s payroll to us, we need to consider more than 100 factors. Only then can we think of valid comparisons.
It’s not comparable to buy a payroll software package off the shelf and hire someone to use it, compared to a service that involves consultations, support, updates, payroll outsourcing, and even takes responsibility for fines and surcharges from authorities, if any.
All of that needs to be added up, along with indirect costs – stationery, electricity, phones, office space, and so on – so we’re not comparing apples to oranges. And what about the risks?
∙ Systems: Software and Hardware, System Customizations, License Renewals, System Maintenance, Site, Installation, Training, Systems Personnel, Support, and Database.
∙ Payroll Department: Operational Staff, Supervisory Staff.
∙ Administration: Accounting Staff, Audit Staff, Human Resources Staff, Quality Control Staff.
∙ Social Security: Operational Staff, Supervisory Staff.
∙ Risks: Fines and Penalties, Process Errors, Implementation Risks.
∙ Indirect Expenses: Rent of Physical Space, Occupational Risk, Stationery, Telephone, Electricity, among others.
We become your Systems and Support Department for payroll purposes. You input, create, ‘close,’ print, and archive within our system, with a guarantee of zero errors in its operation, maintenance and support, process auditing, and continuous updates on laws, without the need to request them.
We take care of everything. From data entry to printing of receipts, archiving, and consultation, for regular payroll and bi-monthly, annual, and special processes. We only require information through any means. We capture, process, and review to release payments. We become your Payroll Department for the entire cycle.