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.