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What is Toku?

Toku is a groundbreaking cloud-based service designed to provide businesses with global payroll and employment solutions for hiring and compensating employees, contractors, and various contributors in over 100 countries. The platform boasts a diverse array of offerings, including employer-of-record hiring, contractor management, agent-of-record programs, and payroll services that allow for payments in local currencies or stablecoins, as well as the management of token grants. Teams can leverage Toku for tasks such as localized onboarding, contract oversight, tax calculations, payslip creation, invoice approvals, worker remuneration, and detailed payroll reporting. Additionally, businesses can choose to implement Toku as a comprehensive payroll solution or connect it through API to their current systems like ADP, Workday, and Gusto, providing increased flexibility and ease of integration. With a team of dedicated payroll experts ensuring thorough oversight of payroll runs before their distribution, Toku delivers reliability in payroll processing. This platform proves especially advantageous for global-first startups and enterprises across the technology and cryptocurrency domains, in addition to finance, HR, and operations teams managing international workforces or navigating compensation structures based on tokens. Such adaptability solidifies Toku as an indispensable resource for contemporary companies functioning on a worldwide scale. Overall, Toku empowers organizations to streamline their payroll processes while effectively addressing the complexities of international employment.

What is Aspirock?

Aspirock serves as a global Employer of Record (EOR) and payroll solution, facilitating the hiring and remuneration of employees in accordance with legal requirements across the GCC and more than 70 other countries without the need to set up a local business entity. By taking on the responsibilities of the legal employer in each jurisdiction, Aspirock oversees a range of functions including employment contracts, payroll management, mandatory contributions, employee benefits, visa processing, and ongoing regulatory compliance, which allows companies to hire new personnel in just days rather than enduring a lengthy process that could take months. Founded in 2021, the company leverages the extensive operational expertise of its founder, who has amassed two decades of experience in the field, and maintains its own offices in six different countries, including the UAE and Saudi Arabia, with dedicated teams readily available to assist clients. Unlike other platforms that may result in prolonged wait times, we take pride in employing real individuals in the market who are responsible for delivering tangible results. Our pricing model is transparent, featuring a fixed monthly fee per employee, with statutory costs charged at their actual rates, and we do not charge any fees for onboarding or offboarding services. This approach aims to simplify the process for businesses seeking to broaden their international workforce while ensuring they have all the necessary support throughout the journey. Additionally, Aspirock is committed to fostering strong relationships with its clients, further enhancing the overall experience.

Media

Media

No images available

Integrations Supported

ADP Workforce Now
Gusto
Paychex Flex
QuickBooks Online
Rippling
Workday HCM

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

$19/contractor/month
Contractor Management starts at $19 per contractor per month. Employer of Record starts at $599 per employee per month; Agent of Record starts at $149 per contractor per month. U.S. PEO starts at $89 per employee per month and has a five-employee minimum. Token Grant Administration is $1,200 per month for up to 49 stakeholders. Country, worker count, and service scope affect pricing.

Pricing Information

$500

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

Toku

Date Founded

2020

Company Location

United States

Company Website

toku.com

Company Facts

Organization Name

Aspirock

Date Founded

2021

Company Location

United Arab Emirates

Company Website

www.aspirock.com

Categories and Features

Agent of Record (AOR)

Not specified

Convenience Store

Not specified

Employer of Record

Not specified

Global Payroll

Not specified

PLC Programming

Not specified

Categories and Features

Agent of Record (AOR)

Not specified

Employer of Record

Not specified

Global Payroll

Not specified

Popular Alternatives

No Alternatives

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