workmarket

WorkMarket

9 Review(s)

Overview

WorkMarket is a comprehensive platform to efficiently and compliantly manage independent contractors. It simplifies tasks such as contractor verification, work assignment, and tax management, saving time and reducing risk. While initial customization of the system may be necessary, the benefits far outweigh the setup period.

Overall Rating

Based on 9 users reviews

4.4

Rating Distribution

Positive

78%

Neutral

22%

Negative

0%

Starting Price
Custom

WorkMarket Specifications

Project Planning and Scheduling

Budget Management

Resource Allocation

Document Management

View All Specifications

What Is WorkMarket?

Overview

WorkMarket is a cloud-based independent contractor management system tailored to streamline the entire process for businesses heavily dependent on freelance or contract workers. It provides end-to-end solutions for onboarding, verifying, paying, organizing talent, managing work assignments, 1099 tax filing and integrating with existing systems. WorkMarket helps businesses ensure compliance with complex regulations surrounding independent contractor classification.

What Is WorkMarket Best For?

The software distinguishes itself with its robust suite of tools, providing companies with the ability to efficiently onboard, manage, and compensate independent contractors. Its features streamline worker verification, handle tax documentation, and ensure adherence to regulations. This emphasis on efficiency and regulatory adherence is particularly valuable, given the complexities surrounding contractor classification.

WorkMarket Pricing

This independent contractor management system proposes multiple pricing alternatives that depend on the unique requirements of your business. Request a custom WorkMarket cost quote.

WorkMarket Integrations

The software integrates with the following third-party applications, including:

How Does WorkMarket Work?

Once your WorkMarket setup is complete, follow these initial steps:

  • Log in to the software using your credentials.
  • Start by tailoring WorkMarket's configuration to align with your organization's specific needs and workflow preferences.
  • Begin building a pool of talent by adding new independent contractor profiles, capturing pertinent details such as skills, experience, certifications, and availability.
  • Ensure compliance by uploading required contractor documents (e.g., background checks, tax forms) and initiate the verification process.
  • Design approval chains for contractor onboarding and project assignments for proper review and delegation.
  • Configure preferred payment methods and tax withholding rules in accordance with your financial processes.
  • The main dashboard offers an at-a-glance overview of contractor activity, project status, compliance insights, and key metrics.
  • Dedicate a section for managing all aspects of independent contractors, from onboarding to payment and document management.
  • Create, track, and manage individual work assignments, matching them to the most suitable contractors.
Explore the program's functionalities through this self-guided WorkMarket demo.

Who Is WorkMarket For?

It's suitable for organizations from Small to Medium-sized Businesses (SMBs) and large enterprises. It caters to industries and sectors, including:

  • Field services
  • IT & technology
  • Professional services
  • Healthcare
  • Creative and marketing services
  • Logistics and supply chain

Is WorkMarket Right For You?

Are you tired of managing a large freelance workforce amidst chaos and risks, struggling to find the right talent and keeping track of ever-changing regulations? WorkMarket could be the solution you need. It addresses common challenges in independent contractor management, saving time and minimizing compliance worries while providing a secure and scalable platform for managing the entire contractor lifecycle and reducing risk.

For more information about WorkMarket, contact us at (661) 384-7070.

WorkMarket Features

Facilitate the seamless identification and acquisition of skilled talent. With WorkMarket, businesses can effortlessly search their pool of verified contractors, filtering them based on specific skills, experience, and availability. Automated matching suggests well-suited workers for job assignments, saving time in the selection process.

See How It Works

Centralize and simplify the process of assigning and tracking work. Create detailed work orders, define deliverables and deadlines, and monitor project progress with real-time updates. This feature promotes visibility and efficient completion of work by independent contractors.

See How It Works

Simplify compensation for your independent workers. WorkMarket offers multiple payment options, invoice generation, automated tax filing (1099-NEC), and the ability to handle contractor expenses, maintain organized financial records and reduce administrative workload.

See How It Works

Gain valuable insights into your independent contractor workforce. Generate tailored reports on contractor spend, project completion rates, compliance metrics, and more. These insights help you optimize your workforce strategy and make informed business decisions.

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Optimize and expedite the process of bringing new contractors into your system. The WorkMarket software provides automated workflows for collecting essential contractor information, verifying qualifications, and managing necessary documentation. This enhances the onboarding process, saving time and ensuring adherence to regulations.

See How It Works

WorkMarket fosters seamless communication between businesses and contractors within the platform. Built-in messaging, discussion threads, and document-sharing capabilities facilitate clear and efficient collaboration throughout the project lifecycle.

See How It Works

Pros And Cons of WorkMarket

Pros

  • Robust compliance and tax management

  • Streamlined contractor onboarding and verification

  • Efficient work order and project management

  • Simplified payments and invoicing

Cons

  • Occasional updates impacting workflow continuity

  • Initial setup may require time investment (according to some reviews)

  • Limited control over customizing certain features

WorkMarket Reviews

Total 9 reviews

4.4

All reviews are from verified customers

Rating Distribution

5

Stars

67%

4

Stars

11%

3

Stars

22%

2

Stars

0%

1

Stars

0%

Share your experience

M

michelle

Hospital & Health Care, 101-500 employees

Less than 6 months

3.0
May 2024

Withdrawing money with Workmarket is neh

Pros

I like the website's visibility. It's simple to navigate and offers many details not found on other platforms.

Cons

I'm not happy that when I withdraw my earnings, I can't see the transactions, like the forex amount or what I'm supposed to receive.

Rating Distribution

Ease of use

10

Value for money

9

Customer Support

10

Functionality

10

D

Dejiana

Entertainment, 1-10 employees

More than a year

3.0
September 2023

you have to work with this app

Pros

The functionality is fair and smooth for employers and vendors to use.

Cons

After onboarding, some applications are tricky within the mobile app. It's easier to work through the website, but if you're on the move, the app isn't the best option.

Rating Distribution

Ease of use

6

Value for money

6

Customer Support

10

Functionality

6

B

Benjah

Computer Software, 1-10 employees

More than a year

5.0
February 2022

Honest Review on Work market

Pros

The website is quite reliable, offering a variety of useful filtering options. It's easy to use, making it easy to navigate through the different features and find exactly what you're looking for. Whether you're filtering job searches or browsing through listings, the process is smooth and hassle-free.

Cons

The mobile app has a lot of limitations and many users suggest it's better to use the site through a browser whenever possible.

Rating Distribution

Ease of use

9

Value for money

9

Customer Support

10

Functionality

9

Frequently Asked Questions

Yes, the software has an API available.

The software supports the English language.

The software offers integrations with third-party applications such as NetSuite, Mulesoft, and Salesforce.

Yes, the software supports mobile devices.

Customers can request a custom WorkMarket price quote based on their business requirements.

WorkMarket is a platform for businesses of all sizes that manage independent contractors or freelancers. It serves various industries such as healthcare, field services, IT & technology, professional services, creative and marketing services, and logistics and supply chain.

WorkMarket provides support through a variety of channels, including a knowledge base, a FAQs/forum section, phone support, an email/help desk, and live chat.

WorkMarket tackles the administrative burden of independent contracting. It offers automated invoice generation, tax filing support, and seamless integration with your existing accounting software.

WorkMarket assists in sourcing suitable independent contractors and centralizes all your work assignments. This creates efficient workflows, which can improve contractor satisfaction, help you retain top talent and ensure timely completion of projects.

Work Market lets you set up custom automation rules to match your unique business needs. The platform can be used to manage both on-site and remote contractors and ensure seamless workflows.

WorkMarket integrates seamlessly with your existing systems, enabling you to manage work assignments effectively on both the platform and through your current tools. This helps you handle not only the volume of independent contractors but also allows you to attract talent and optimize your overall workforce strategy.