Payroll Companies & Payroll Services in Gurabo, PR

Alchavo.com is a Puerto Rico payroll and accounting brand owned by Outsourcing Solutions International, LLC. It serves small and mid-sized businesses on the island that want to hand off payroll and back-office bookkeeping to an outside provider. The company has offered internet-based outsourced accounting since 1999. It describes its platform as developed locally and designed around Puerto Rico's own legal and regulatory requirements, so buyers don't have to adapt a mainland product.

Payroll services

The payroll service is built to keep the employer's work to a minimum. The client enters the pay period dates and the hours each employee worked. Alchavo then handles the calculations, applies the required withholdings and sends pay by direct deposit. Employees can download a mobile app to reach a self-service area of the portal. The company says its payroll specialists are available to answer questions as they come up.

• Full-cycle payroll calculation and processing
• Withholding calculations and direct deposit of wages
• Alchavo Mobile Payroll app for employee self-service
• A separate HR app for workforce administration
• Preparation related to Form 480 informative returns

Accounting and payments

Besides payroll, clients get a bilingual web portal that covers day-to-day accounting tasks. The books are updated every day and can be viewed online at any hour, which lets owners check their current finances and make changes quickly. Each client is assigned an experienced accountant who takes on routine work in a controlled way.

That work includes scanning and recording supplier invoices and issuing checks or electronic payments. A companion payments app for Android and iOS lets business owners handle payment approvals from their phones. A wider group of certified public accountants backs up the service.

How clients work with Alchavo

Alchavo presents its model as a replacement for in-house clerical work. Clients avoid the cost of extra staff, training, accounting software, hardware, printing and record storage. The company says the service can free up the equivalent of one or two employees, or let existing staff spend their time on revenue-generating work.

Prospective clients can ask for a demo before signing up. The company also publishes a blog, webinars, video tutorials and an FAQ section to help users get the most from the tools.

Specialties and track record

The site has dedicated pages for the restaurant industry and for businesses operating under Puerto Rico's Act 60 incentives. Alchavo reports more than 750 clients, over 2,200 active platform users and more than 10,500 employees paid in a recent twelve-month period. Published testimonials come from local businesses such as a restaurant, an online classifieds company and an advertising agency.

For buyers comparing payroll providers, its main draw is payroll and full outsourced accounting in one locally built system, with accountants assigned to each account.