By Narayan Ammachchi
Sao Paulo, Brazil-based BPO firm Toutatis has teamed up with global human capital management company Meta4 to offer payroll outsourcing services to corporate companies across Latin America.
As part of the agreement, Meta4 will allow the Brazilian company access its ‘PeopleNet technology platform’ designed specifically for HR management.
Meta4 has presence in several countries in the region, and Latin America represented 22 percent of its revenue last year.
“To achieve such good results with excellent prospects for further development, it is worth mentioning the growth experienced in the Cloud Payroll and HR line of solutions—a strategic area where Latin American revenue has grown 47% as compared to the previous year,” the company stated in a press release.
Meta4 said it was looking for corporate clients with offices across the region because, it said, corporate companies accounted for 85 percent of its revenue last year.
“This alliance will be able to solve the problems facing multinationals which need to grow in Latin America and run into the complexity of HR management in a region with very different political and legislative frameworks,” said Marcelo Franca, CEO of Toutatis.
Meta4 has offices in Argentina, Brazil, Chile, Columbia, Mexico, and Peru. Its clients in the region include Grupo Telefónica, Prosegur, Mapfre, Grupo Bimbo, Danone and Colgate.