Global Payroll Services
- Company typePrivate
- Founded2008
- HeadquartersCurridabat, Costa Rica
- Headcount11–50
- GTM typeB2B
- OfferingServices
Global Payroll Services firmographics
Firmographics- Name
- Global Payroll Services
- Legal name
- Global Payroll Services
- Website
- https://www.gps-latam.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Global Payroll Services industry classification
Industry- Product category
- Payroll & HR Outsourcing (PEO)
- NAICS
- Professional Employer Organizations (561330), Professional Employer Organizations (56133), Payroll Services (541214)
- SIC
- Services-Employment Agencies (7361), Services-Help Supply Services (7363)
- akta.pro primary industry
- Professional Employer Organization (PEO) / Co-Employment Services (BPACAHAB)
- akta.pro secondary industries
- Global Payroll & Multi-Country Payroll Management (BPACAHAC), Payroll Outsourcing & Pay Administration (Multi-country/Managed Payroll) (BPACAKAD), Onboarding, Offboarding & Employee Lifecycle Administration (BPACAHAL), Payroll & Employment Tax Services (BPAHABAD)
Keywords
Where Global Payroll Services is headquartered
LocationHeadquarters
- HQ city
- Curridabat
- HQ country
- Costa Rica
- HQ region
- Latin America
Offices1 record
Markets served
Global Payroll Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Payroll Administration Services: Full-service payroll administration for companies managing businesses through local legal entities, including salary processing, social security reporting, tax payments, and mandatory government reporting.
- PEO/Co-employment Services: Professional Employer Organization services establishing co-employment relationships where the company becomes the employer of record for client's workers, handling salary administration, tax payments, social security, disability, benefits, and related compliance functions.
- Personnel Recruitment and Selection: Recruitment and selection services with fees based on project magnitude and characteristics. Includes a 90-day replacement guarantee if selected candidates do not meet company expectations.
- Labor Rights and Advice: Legal consultancy services including labor litigation handling, alternate dispute resolution, due diligence, compliance audits, and labor contract development.
- Migratory Procedures: Immigration and visa processing services for foreigners seeking residence in Costa Rica and transnational corporations establishing personnel in the country.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Others | Multi-year contract | Project-based pricing for recruitment services |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Global Payroll Services product offering
Product offeringCore offering
Global Payroll Services delivers full-service payroll administration (salary processing, social security reporting, tax payments, mandatory government reporting) for companies operating through local legal entities in Central America and Panama. The company also provides Professional Employer Organization (PEO) services under a co-employment model that allows international firms to engage workers without establishing their own legal entity, alongside personnel recruitment with psychometric evaluation, labor law advisory and litigation support, and end-to-end migratory procedures for foreign personnel.
Product overview
Global Payroll Services operates as a unified platform combining five interconnected service modules. The core offerings are Payroll Administration (handling payroll processing, tax filing, and social security reporting) and PEO Services (co-employment model managing employee administration). These are supplemented by Personnel Recruitment and Selection (candidate sourcing and vetting), Labor Rights and Advice (legal consultancy and compliance), and Migratory Procedures (immigration support for foreign workers). The company positions itself as a comprehensive HR outsourcing provider rather than a modular software platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Payroll Administration Full-service payroll administration for companies operating through a local legal entity, covering analysis of payroll inputs, system entry, payroll generation and approval, bank-platform payment loading, proof of payment delivery, social security reporting, tax payments, and mandatory government reporting.
- PEO Services Professional Employer Organization service using a co-employment model where the client's employees work for both the client company and Global Payroll Services. GPS becomes the employer of record and manages salary administration, tax payments, social security, disability, benefits, and HR and legal support, enabling international firms to engage workers in Central America or Panama without a local legal entity.
- Personnel Recruitment and Selection Comprehensive recruitment service including candidate examination with socio-economic analyses, psychometric evaluations, job reference verification, bilingual interviews, and a 90-day replacement guarantee if a selected candidate does not meet company expectations.
- Labor Rights and Advice Legal consultancy services covering labor litigation handling at judicial or administrative courts, alternative dispute resolution, due diligence for business mergers, compliance audits, and labor contract development.
- Migratory Procedures End-to-end immigration assistance including temporary residence permits, visas, special authorizations, work permits, and company registration with the General Direction of Migration for bringing foreign personnel into Costa Rica.
Companies that use Global Payroll Services
Customer profileSegments3 records
Ideal customer profiles2 records
Global Payroll Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Global Payroll Services partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Global Payroll Services competitors and assessment
Company assessmentDirect peers
- Acesa: Costa Rica-headquartered HR, payroll and financial solutions provider explicitly linked on GPS's own website under 'Financial Solutions'. Operates in the same Costa Rican and Central American market with overlapping payroll administration offerings.
- Safeguard World: International PEO and global payroll provider with multi-country coverage including Latin America. Competes for multinational clients seeking outsourced employment and payroll services across multiple jurisdictions.
- Atlas HXM: Global employer of record and international payroll provider offering services across Latin America. Competes for the same cross-border payroll and co-employment mandates targeting Central American market entry.
- INS Global (now part of Atlas): International PEO and global payroll specialist with presence in Latin America and Central America. Closely comparable service offering and customer profile to GPS for cross-border employment and payroll outsourcing.
Broad incumbents
- Deel: Global Employer of Record and payroll platform with growing Central American country coverage. Competes for the same cross-border employer-of-record mandates GPS addresses, but at global scale with a proprietary technology stack.
- Remote: Global EOR and payroll provider serving companies hiring internationally, including in Latin America. Targets the same market-entry-without-legal-entity value proposition as GPS but with broader country coverage and a software-led model.
- Globalization Partners: Large global PEO/EOR platform serving companies expanding internationally. GPS already acts as a regional partner for international PEO networks of this type, making it a direct competitive and partnership counterpart.
- Velocity Global: Established global PEO and international expansion services firm with multi-region coverage. Competes for outsourced employment and payroll contracts similar to GPS but with broader geographic and technology capabilities.
- TMF Group: Large global provider of compliance, HR, and payroll administration services with established Latin American operations. Competes for multinational payroll, PEO, and entity-management mandates that GPS also targets.
Emerging players
- Multiplier: Global EOR and payroll platform expanding country coverage rapidly. Targets similar SMB and mid-market international hiring use cases with a technology-led approach that could pressure regional service providers like GPS.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Global Payroll Services social profiles
Digital presenceGlobal Payroll Services compliance and trust
Trust signalCompliance1 record
Global Payroll Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Global Payroll Services leadership team
Management profileNumber of profiles
Global Payroll Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Global Payroll Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Global Payroll Services
What does Global Payroll Services do?
Global Payroll Services delivers full-service payroll administration (salary processing, social security reporting, tax payments, mandatory government reporting) for companies operating through local legal entities in Central America and Panama. The company also provides Professional Employer Organization (PEO) services under a co-employment model that allows international firms to engage workers without establishing their own legal entity, alongside personnel recruitment with psychometric evaluation, labor law advisory and litigation support, and end-to-end migratory procedures for foreign personnel.
Is Global Payroll Services a public or private company?
Global Payroll Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Global Payroll Services founded?
Global Payroll Services was founded in 2008. It employs 11 to 50 people.
Where is Global Payroll Services based?
Global Payroll Services is headquartered in Curridabat, Costa Rica, in the Latin America region.
How does Global Payroll Services make money?
Five revenue lines are on record. Payroll Administration Services are the primary driver. The others are PEO/Co-employment Services, personnel Recruitment and Selection, labor Rights and Advice and migratory Procedures.
Who are Global Payroll Services's main competitors?
Direct peers on record are Acesa, Safeguard World, Atlas HXM and INS Global (now part of Atlas). Broad incumbents are Deel, Remote, Globalization Partners, Velocity Global and TMF Group. Multiplier is listed as an emerging player.
Does Global Payroll Services have an API?
No public API is recorded for Global Payroll Services.
What industry is Global Payroll Services in?
Global Payroll Services's product category is Payroll & HR Outsourcing (PEO). Its primary akta.pro industry code is BPACAHAB, Professional Employer Organization (PEO) / Co-Employment Services, with a secondary code of BPACAHAC, Global Payroll & Multi-Country Payroll Management. Its NAICS code is 561330 and its SIC code is 7361.