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3 tips to take advantage of the obligation to issue electronic payslips in Mexico

12/12/2013

Studies carried out by EDICOM using in-depth interviews with a customer sample reveal that 87% of the cost entailed in managing a salary is invested in its delivery.

The issuing of electronic payslips in Mexico and their certification before the SAT in the same way as any other electronic invoice or CFDI is a new obligation that businesses must fulfil in 2014. But it is also an opportunity to improve their internal processes and reduce costs, if they know how to take advantage of the possibilities technology offers.

Here are three quick tips to help you benefit from the obligation to issue electronic payslips.

 

1

Send out your payroll in electronic format

Issuing a CFDI with the payroll complements guarantees compliance with current regulations. But why keep on printing out the document on paper for delivery to each worker? Take one more step and switch your entire model over to digital, with electronic payroll dispersion services.

2

Get your employees to sign their payslips electronically

In Mexico it is necessary for workers to sign their payslips. Why not get them to do so electronically? The digital signature replaces the handwritten, with identical legal value. Moreover, it is a safer and more efficient process than manual signature.

3

Safeguard your receipts electronically

Businesses are obliged to keep signed payslips as proof of the payments made. Implementing a fully electronic model lets you keep legal digital files, which take up no physical space and can be swiftly retrieved as required by third parties.

 

EDICOM “Nomina” Portal: Comprehensive electronic payroll management

“Nomina” Portal, the solution developed by EDICOM, enables businesses to overcome the inefficiencies associated with delivery, signature and storage of payroll receipts. A solution that provides services from a single platform, including:

  • CFDI issuing systems with the payroll complement.
  • Web platforms for delivery of encrypted salaries
  • Electronic document signature solutions for workers, who access their private web framework to check and sign the receipts.
  • Storage and safekeeping services for electronic receipts with guaranteed access and retrieval throughout the validity period.

Contact us to find out more about Payroll Portal and get maximum benefit from the obligation to issue Electronic Payroll Receipts.

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