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

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.

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

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.