Payroll Software in Colombia
Mercans Payroll Software Colombia is your top choice for efficient, compliant, and streamlined payroll management. As the leading Payroll Software Colombia, our solution is specifically designed to meet the unique requirements of the Colombian market, ensuring that every aspect of your Mercans Payroll System in Colombia is managed seamlessly.
Our all-in-one native SaaS solution offers complete, error-free digitalization of your payroll processes. As the world’s only native global payroll SaaS covering 160 countries, Mercans goes beyond being just a payroll system—it’s an enterprise-wide solution tailored for businesses of all sizes, from local firms to global conglomerates. With its scalable architecture and seamless integration across modules, our Colombia Payroll Software delivers an intuitive and effective user experience, enhancing your payroll management with precision and ease.
Trusted the world over
Compliant with Colombian Tax and Customs National Authority (DIAN)
Customs National Authority (DIAN)
Mercans is fully compliant with Colombian regulations, ensuring 100% adherence to the standards set by the Colombian Tax and Customs National Authority (DIAN). Our Mercans Payroll System in Colombia is meticulously designed to align with DIAN’s requirements, providing our clients with peace of mind that their payroll software in Colombia is fully compliant with local tax and labor laws. This commitment to compliance not only safeguards businesses from potential legal challenges but also enhances operational efficiency, allowing companies to focus on growth while we handle the complexities of regulatory adherence in Colombia with our advanced Payroll System in Colombia
Why Choose Mercans
- Native SaaS and Payroll platform in Colombia
- Trusted by fortune global 500 and multinationals
- Manage All Employment Types - Employees, Freelancers, Contractors, Expats
- More than 100 inbound and outbound integrations are available today
- Suitable for enterprise businesses
- GDPR certified, SOC 1 & SOC 2 Compliant
- Supports Multiple Currencies
- ISO 20000 & ISO 27001 Certified
- Global presence and multi-country payroll capabilities
- OWASP ASVS 3.0 Compliant
Payroll Software Modules
Mercans Payroll Software offers managers and employees a powerful and intuitive online portal designed to streamline and enhance your HR and payroll activities. Our advanced software modules are equipped with cutting-edge functionality to ensure efficiency, compliance, and a superior user experience. Learn about them here:
Manager Self Service
Empowers managers to handle HR tasks, including approvals, performance tracking, and employee management, directly from the platform.
Employee Self Service
Provides employees with direct access to their personal information, payroll details, and other HR resources, enhancing transparency and convenience.
Employee Help Desk
Offers a centralized support system for employees to address payroll and HR-related queries, ensuring quick resolution and improved satisfaction.
Data Exchange
Facilitates seamless integration with other systems and platforms through robust data exchange capabilities, streamlining data management and reducing errors.
eDrive and Workflows
Automates and streamlines HR processes with configurable workflows and document management, improving efficiency and compliance.
Time & Attendance
Tracks employee work hours, attendance, and productivity with precision, integrating seamlessly with payroll calculations.
Leave Management
Manages various types of employee leave, including vacation, sick leave, and other absences, with automated approval workflows and accurate tracking.
Loans & Expenses
Handles employee loans and expense claims, ensuring accurate processing and integration with payroll for seamless financial management.
Payroll Features - Colombia
Streamlined Payroll Process
Mercans Payroll Platform in Colombia automates and simplifies payroll management, from calculating payments and settlements to managing contributions to the Social Protection System through PILA. This comprehensive payroll software in Colombia centralizes accounting, generates Electronic Payroll support documents, and more—all within a single platform.
Efficient Payments
Mercans Payroll System in Colombia allows for seamless payroll settlements, Social Security contributions, and Parafiscal payments via PILA. The software automatically calculates payments with each new event, generates month-end closing files in minutes, and provides employees with online access to payment details.
Flexible Payment Scheduling
Make payments on a monthly, biweekly, or custom schedule based on your chosen frequency.
Quick Processing
Complete the entire payroll process—from preparation to payment—within seconds.
Assistance Calculations
Automatically calculate Transportation and Connectivity Assistance for your employees.
Real-Time Updates
Add new Employees, Benefits, and Updates on the fly, and see the changes immediately reflected in the payroll.
Special Case Handling
Seamlessly manage payroll for months with 31 days and for February.
Multi-Account Payments
Pay employees through different remittance bank accounts, with automatic distribution to the bank accounts associated with each employee.
Pay Stub Distribution
Distribute pay stubs with clear information to minimize employee concerns regarding their settlement.
Comprehensive Accounting
Automatically generate the complete accounting entries for payments, including accruals for vacation liabilities, benefits, social security contributions, and parafiscal contributions.
Flexible Bonus Payments
Choose to pay the service bonus and severance interest with regular payroll or as separate payments.
Year-Round Payroll Options
Allow for employee payments on a 360-day or 365/366-day annual basis.
Electronic Payroll
Easily issue payroll payment vouchers with just a few clicks and generate any necessary adjustment documents. You can also track and review a comprehensive record of your electronic payroll documents from anywhere, ensuring you stay compliant with the latest DIAN requirements.
As authorized technological providers by the DIAN, we enable you to generate Electronic Payroll XML files and Adjustment Notes according to DIAN specifications, consolidating all payments or cancellations made to employees during the month. You can view DIAN validation responses for your submitted electronic documents and transmit payroll data, including social benefits and vacation expenses for the taxable year, in XML format along with the December payroll.
Withholding Tax (DIAN)
Mercans Payroll Software Colombia enables you to track Withholding Tax reliefs submitted by employees and automatically calculates the applicable monthly or semi-annual withholding tax percentage. Mercans Payroll System in Colombia determines the withholding amount to be deducted from each payroll payment—whether periodic or special—based on the assigned procedure (1 or 2). Additionally, Mercans’ Payroll Platform in Colombia allows you to generate Form 220 for the Certificate of Income and Withholdings for Employment Income, and Form 2276 for Exogenous Information related to Income and Withholdings.
Withholding Tax Calculations
- Payroll withholding tax
- Withholding tax on premiums
- Withholding tax on workers’ compensation
- Withholding tax on retirement bonuses
Mercans Payroll Software Colombia automatically calculates withholding tax using procedures 1 and 2, providing all necessary supporting documents for each deduction.
Registro y Control de Capacidades
Mercans efficiently calculates the Base Contribution Income (BCI) for employees who become disabled, allowing for manual adjustments as needed. Our system supports the management of various disability types, including maternity, common illness, work accidents, and any extensions related to these conditions.
Disabilities and Social Security Contributions (PILA)
Mercans handles Maternity/Paternity Leave and disabilities covered by health systems (General Illness) or Occupational Risks (Occupational Illnesses or Work Accidents). We manage extensions related to initial disabilities and accurately calculate the total elapsed time from the start of the disability to the end of the extension period. Our system ensures that liabilities and costs for benefits and social security are recorded at their Real Value (as defined by IFRS) each month.
Stay current with payroll payments and track pending Social Security Contributions for the month. Mercans generates the PILA File (Integrated Self-Assessment Form for Social Security Contributions) and updates the payment of contributions.
PILA Files
Additional UPC
UGPP
SENA
Auto Compliance
Benefits Management
Mercans provides comprehensive management of additional benefits, allowing you to configure and control various types of benefits
- Premium Benefits: These are benefits with specific calculation and payment frequencies (biweekly, semi-annual, annual, etc.), calculated based on a set of concepts.
- Seniority Benefits: Calculated and paid each time an employee reaches a particular milestone with the company, such as annually or every 5 years.
- Vacation Benefits: Supplement the employee’s vacation calculation and payment, providing an additional value every time the employee takes time off.
Frequency of Liquidations
Mercans facilitates accurate biweekly payments, with deductions made in the latter half of each month. This flexibility supports defining weekly, decennial, or semi-annual payments and deductions, ensuring precise payroll management.
Simulation of Payrolls and Premiums
Our platform allows for detailed payroll simulation and reassessment of individual employees to correct any errors. It also supports the simulation of payments for bonuses, vacations, layoffs, severance interests, and other legally required liquidations.
Handling of Collective Agreements
Mercans enables the configuration of employee groups, concepts, and additional benefits according to collective wage agreements. This functionality allows for customized payroll settlement conditions following collective bargaining outcomes.
End-of-Year Closing Processes
Automate end-of-year closing processes with Mercans, including consolidation of vacations, layoffs, and severance interests. This feature ensures accurate tracking of consolidated amounts collected throughout the year for provisions and pending balances.
Multi-Company Management
Manage multiple companies within your group, each with its own specific settings, using Mercans.
Retroactive Payroll Processing / Reprocessing
Easily make changes to payroll even after payments have been processed. Mercans Payroll Platform in Colombia provides detailed information before, during, and after reprocessing to ensure accuracy and transparency.
Employee History
Track payroll history for current or previous employment.
Contract Management
Handle Indefinite Term Contracts, Fixed Term Contracts, or Contracts for the Duration of Work.
Employee Types
Manage Dependent Employees, Apprentices, University Students, Retirees, and those meeting specific criteria.
Salary Management
Oversee Fixed and Variable Salaries, Full-Time, Part-Time, and Hourly Workdays.
Benefits and Bonuses
Manage Food Vouchers, salary, and non-salary bonuses, as well as surcharges and overtime.
Loans and Deductions
Control Loans, Releases, and deductions for agreements or other values.
Licenses and Permits
Track paid or unpaid licenses/permits and handle news with start and end dates or repeated occurrences.
Vacation Studies
Review entitled days for each year worked.
Service Bonuses and Severance Pay
Pay service bonuses and severance pay interest either within the periodic payroll or as separate payments for financial flexibility.
Severance Pay Management
Pay severance according to the associated fund.
Accurate Liabilities and Costs
Ensure liabilities and costs are recorded at their real value, matching paid amounts with the exact values required by IFRS.
ERP Integration
Generate respective outflows in bank accounts for separate payments if using ERP for SMEs.
Payroll Payments
File payments in the bank’s required format.
Fintech Ecosystem
Enable employee access to Libranza credits through our partner Linxe.
Social Security Operators
Integrate through the PILA file in the standard format used in Colombia.
Year-End XML Generation
Create XML for Consolidated Severance Pay Liabilities and Severance Pay Interest.
DIAN Integration
Transmit Electronic Payroll events and generate the Exogenous Information Annex for DIAN.
Upcoming Integrations
New integrations with Digital Ecosystem Allies are forthcoming.
Contribution Calculations
Accurately calculate social security and parafiscal contributions.
Law 1393 Compliance
Apply Law 1393 for non-salary concepts.
Contribution Differences
Precisely provide the difference between contributor payments and the total due by PILA.
New Developments
Handle PILA with updates on independent lines and contribution caps of 25 SMLV for social security subsystems.
Flat File Generation
Generate the flat file compatible with any operator.
Type K Forms
Manage Type K forms for university interns.
Compliance
Mercans ensures that all payroll calculations are made in strict accordance with legal requirements and UGPP guidelines. Our system supports comprehensive employee management, including:
Vacation & Benefits
Mercans efficiently manages vacation payments, whether in days, monetary compensation, or final settlement upon contract termination. We calculate working days and holidays in the vacation period according to the Colombian holiday calendar and maintain a permanent record of entitled vacation days. Our system offers:
Integration
Mercans facilitates seamless integration with various digital platforms:
Social Security
Mercans manages social security and parafiscal contributions efficiently:
Payroll Implementation
Mercans ensures a smooth transition to our Payroll System in Colombia through a meticulously designed implementation process. Our approach is tailored to meet each client’s unique needs, with timelines and deliverables adjusted based on factors like complexity, data availability, and the number of required parallel runs. Here’s an overview of the key steps involved:
Implementation Planning
- Project Resource Allocation: Assign project resources and define roles clearly.
- Kick-off Meeting: Conduct an initial meeting to set objectives and confirm project scope.
- Implementation Calendar: Develop a detailed calendar and plan for the implementation process.
- Welcome Package: Provide a package with project details and key contacts.
- Progress Updates: Schedule regular update calls or emails to track progress.
- Scope Approval: Secure client sign-off on the project scope.
Requirements Gathering
- Workshops: Organize workshops to thoroughly understand and document client needs.
- Business Blueprinting: Detail requirements and perform a gap analysis to identify necessary customizations.
- Client Approval: Obtain approval on documented requirements to ensure alignment with client expectations.
- Regulatory Compliance: Compile a detailed list of payroll-specific requirements tailored to Colombian regulations.
System Configuration
- Regulatory Compliance: Configure the payroll system according to Colombian regulatory standards.
- Wage Type Catalog: Customize the catalog to include relevant pay components.
- Data Integration: Set up data dictionaries and interfaces for seamless integration.
- Reporting: Adapt reports to meet Colombian regulatory requirements.
- User Experience: Configure Employee Self-Service (ESS) and Manager Self-Service (MSS) features for enhanced usability.
Data Migration
- Data Transfer: Migrate employee and payroll master data with a focus on accuracy and completeness.
- Client Sign-off: Obtain client approval on the migrated data to confirm its correctness.
- Data Verification: Verify the integrity and completeness of the data before proceeding.
Test Payroll Run
- Simulation: Conduct simulation payroll runs to validate system configurations.
- Parallel Runs: Perform parallel runs with existing systems to ensure consistency.
- Sign-offs: Obtain sign-offs on test runs to confirm accuracy.
- User Acceptance Testing (UAT): Conduct UAT and address any identified issues.
Payroll Management Transition & Sign-off
- Transition Plan: Develop a plan for transitioning to the live payroll process.
- Training: Provide comprehensive training for all system users.
- Hypercare Support: Implement a hypercare plan for post-go-live support, including an escalation process for critical issues.
- Fallback Plan: Create a fallback plan to address potential disruptions.
- Go-Live Checklist: Complete the checklist and secure final sign-off to confirm successful implementation.
Payroll Integration
Mercans Global in Colombia stands out with its extensive international reach and advanced integration capabilities. Operating in 160 countries, including Colombia, Mercans maintains strong connections with tax authorities worldwide to ensure smooth compliance and efficient operations.
Recognized Trust Sources
National Certifications (Colombian Tax and Customs National Authority (DIAN))
Mercans’ Payroll Software is fully integrated with local tax authorities, including the Colombian Tax and Customs National Authority. This integration ensures that all payroll processes align with local regulations, such as mandatory contributions and compliance. Our system provides accurate calculations and facilitates seamless reporting, keeping your business compliant with the Colombian statutory requirements.
These certifications affirm Mercans’ dedication to upholding the highest standards of compliance and operational excellence globally, including in Colombia.
Integration with HCM/HRMS/Workforce Management Platforms
Mercans Payroll Software Colombia integrates seamlessly with leading HCM and payroll software platforms, providing a unified experience for HR administration and payroll processing. Compatible with platforms like UKG, Workday, Oracle, Darwinbox, Ceridian, and SAP SuccessFactors, our software facilitates streamlined operations. The Employee Self-Service (ESS) feature allows employees to manage payroll tasks—such as submitting worked hours or tax declarations—directly within the system. Once approved, these inputs are instantly processed, reducing errors and significantly enhancing productivity for both employees and HR administrators.
Mercans payroll platform in Colombia offers bespoke API solutions for a variety of industries such as hospitality, catering, theme parks, transportation, sports, construction, healthcare, events, promotional sectors, greenhouse horticulture, and fresh produce.
Integrate Mercans payroll with Xero to seamlessly sync data, automate HR tasks, and streamline payroll processes. This integration saves time, minimizes errors, and allows you to allocate more resources to growing your business efficiently.
Colombia Payroll Reports - Standard, Statutory and Year-End Reports
Report Name (English) | Local Name | Language | Delivery To | Frequency |
---|---|---|---|---|
Tax & Social Security Report (Excel) - Payroll | Seguridad Social y Retención | Spanish | Social Security & Tax | Monthly |
Base of Withholding Report (Excel) - Payroll | Base de Retención | Spanish | Taxes | Monthly |
Contingent Withholding Report (Excel) - Period | Retención Contingente | Spanish | Taxes | Monthly |
E Payroll Report (TXT/CSV) - Payroll (Period Master Data) | Nómina Electrónica | Spanish | Electronic Payroll | Monthly |
Benefits of Payroll Software
Mercans delivers a robust payroll solution designed to streamline payroll administration and HR processes for organizations in Colombia. Here’s how our software can benefit your organization:
In-House Management
Handle payroll directly within our platform, removing the need for third-party processors.
Integrated HR and Leave Management
Consolidate payroll, HR tasks, and employee leave requests into a single platform, simplifying administrative functions.
Reduced Manual Effort
Automate routine tasks to reduce errors and ensure precise payroll processing.
Personalized Workflows
Tailor over 150 workflows to meet your specific business needs, boosting overall efficiency.
Time Savings
Redirect time saved through automation to focus on strategic business activities.
Effortless Connectivity
Integrate smoothly with leading HR platforms such as SAP SuccessFactors, Workday, and Oracle for a unified workflow.
Centralized Data Management
Maintain all employee data in one place for easy access, updates, and analysis.
24/7 Access
Provide employees with round-the-clock access to their personal information.
Mercans' payroll software Colombia offers a comprehensive, secure, and user-friendly solution, enhancing payroll processes and enabling you to focus on your most valuable asset—your people.
Transparent Pricing
Benefit from a fixed monthly fee with a per-employee charge and no hidden costs.
Dedicated Support
Receive expert assistance to maximize the software’s capabilities.
Secure Data Management
Ensure data protection with secure online processing and self-managed backups.
Compliance Assurance
Stay current with the latest fiscal and employment regulations through continuous software updates.
Mercans' payroll software Colombia offers a comprehensive, secure, and user-friendly solution, enhancing payroll processes and enabling you to focus on your most valuable asset—your people.
Core features
Additional Key Features
Mercans' payroll software Colombia offers a comprehensive, secure, and user-friendly solution, enhancing payroll processes and enabling you to focus on your most valuable asset—your people.