Payroll Outsourcing
Administrative Personnel Management
Proper management in payroll processing, social security, social benefits, and withholding taxes mitigates the risk of non-compliance with current labor and tax regulations in Colombia related to this process. Our service approach represents savings, information security, and regulatory compliance for your company.
Our service is part of an effective internal control system, which includes: segregation of duties, information security, technology-based controls, supervision, and monitoring of control compliance.
Our service approach
We are partners with our clients, integrating the expertise of our specialized team, robust and cutting-edge technological tools, and strong knowledge in labor, social security, and parafiscal matters, tax regulations, processes, and internal control.
We rely on a service methodology that allows us, from the outset and together with our client, to plan, understand, build, and execute an alternate process that ensures the effectiveness of the service transition and recurrence for the company and its employees. We are willing to continuously review the project's progress and adjust to the company's needs.
We provide a self-management tool, where employees can access online, on their mobile phones, tablets, or PCs, pay stubs, employment certificates, income and withholding certificates, vacation records, severance certificates, and self-manage vacation requests and absenteeism notifications.
Payroll processing and Electronic Payroll
The recurring payroll services, according to the company's payment periods, include:
Analysis and processing of payroll and social security novelties
Payroll calculation per periods
Payroll calculation for foreign employees
Confidential payroll calculation
Monthly and semi-annual withholding tax calculation
Generation of flat files for payments
Social security
Electronic payroll (DIAN enablement and information operator, transmission, and validation)
Accounting integration with different accounting systems
Calculation and consolidation of legally mandated social benefits
Reports on voluntary contributions and AFC accounts payments
Management support reports
Conciliatory control of monthly payroll and electronic payroll accounting records
Self-management portal
The annual and occasional payroll services include:
Projected payroll calculations
Settlement of severance pay and severance interest
Confirmation in severance funds
Monitoring employee tax relief requests
Issuance of income and withholding tax certificates for tax purposes
Preparation of exogenous information for DIAN
Attention to inspection, oversight, and control entities of the National Government
Support for statutory audit, comptrollerships, and external or internal audits
Assistance with processes conducted by the Pension and Parafiscal Management Unit - UGPP
Updating personal information of employees
Administrative Personnel Management
The activities we undertake as part of this service include:
Assisting in the labor hiring process
Confirmation of the entities to be affiliated with oversight and control entities, prior to affiliation
Affiliation of the company and its employees to Comprehensive Social Security entities and Compensation Funds
Registration of employees and their beneficiaries' affiliation with Social Security entities and Compensation Funds
Coordinating, jointly with the company, the reporting of payroll novelties
Updating employees' personal information
Managing sick leave, maternity leave, and paternity leave claims with Health Insurance Providers (EPS) and Occupational Risk Administrators (ARL), including submission, follow-up, and reconciliation with accounting records
Responding to and monitoring communications from social security entities
Payroll Consulting and Training
We identify associated risks and improvement opportunities regarding current regulations through analysis of payroll processes, calculations, and practices, as well as statutory benefits, non-statutory benefits, withholding tax, and social security.
We provide support for ongoing processes with the Pension and Parafiscal Management Unit (UGPP), focusing on validating your company's compensation policies and compliance with Colombian labor legislation.
We offer practical training sessions backed by regulatory support in labor concepts related to payroll and social benefits calculation, social security, and withholding tax for labor payments.