Onboard & Verify Contractors
Recruiting independent contractors and helping to ensure they have the right qualifications before they start work is easy with WorkMarket.
With WorkMarket, you can:
- Attract talent: Create your own branded recruiting page to showcase the opportunities you have to offer.
- Automate verification: WorkMarket will collect and verify U.S. tax ID, w-9 and bank account for you.
- Gain visibility: Monitor worker progression through the onboarding process so you can keep assignments on track.
- Onboard at scale: Leverage bulk onboarding capabilities for hundreds or even thousands of workers.
Pay Contractors
Pay your contractors reliably and efficiently, helping you retain talent.
Using our platform, you have:
- Timely, dependable payments: Streamline the payment process from pre-set payment terms (Net 15, Net 30) to automated invoice generation on behalf of workers.
- Scalable, global payments: Pay thousands of workers on demand in the U.S. and around the globe.
- Flexible payment options: Leverage direct deposit, pay cards and electronic payment platforms to pay workers via their preferred method.
- Visibility into contractor spend: Analyze spend across projects, clients and contractors to assess cost and profitability.
- Compliance support: Mitigate risk with electronically filed and furnished 1099-NEC forms with the IRS and applicable state agencies. Learn about the IRS e-filing mandate here.
Organize Contractor Talent
For faster onboarding and deployment, use WorkMarket Labor Clouds to organize your talent by criteria such as skillsets, geography, background checks and more.
WorkMarket helps with:
- Automating verification: Our dynamic monitoring system makes it easy to track worker status, helping to ensure workers in your Labor Clouds meet your business needs.
- Faster deployment: Send work to groups of your pre-vetted workers, so you can quickly find the right contractor to meet customer SLAs.
Manage Work Assignments
Manage all your work assignments, whether they are virtual or on-site, via one platform. From sending work to tracking deliverables — we’ve got you covered.
Our platform enables you to:
- Manage assignments at scale: Handle high volumes of work assignments easily by leveraging templates and automated workflows.
- Gain real-time visibility: Track your work assignments in one place and quickly identify those that need your attention.
- Pay invoices easily: Approve assignments and automatically generate invoices on behalf of your workers; payments are made on pre-set terms.
Compliance Support
The laws and requirements around independent contracting are frequently evolving. We help reduce risk through automated guardrails that enable you to meet your business requirements.
WorkMarket can:
- Automatically verify U.S. worker tax IDs and bank accounts.
- Furnish and electronically file 1099-NEC forms with the IRS and applicable state agencies. Learn about the IRS e-filing mandate here.
- Produce an invoice audit trail for every transaction.
- Collect documents like contractor agreements, certifications and non-disclosure agreements (NDAs).
- Withhold garnishments and non-statutory deductions*, such as rent and insurance, from contractor pay.
*The term “non-statutory deductions” is used solely for ease of reference and its use is not meant to indicate or imply an employer/employee relationship. WorkMarket does not handle garnishment withholding calculations, remittance to agencies, or agency reporting.
Integration & Automation
WorkMarket integrates with most of your existing systems, from accounting software to customer relationship management (CRM), enterprise resource planning (ERP) and ticketing systems. We can also build custom automation rules based on your unique business needs to help ensure seamless workflows.
Mobile App
The way your independent contractors manage work just got easier.
The WorkMarket mobile app helps your workers:
- Receive work: Receive notifications of work assignments and review the details; then apply, decline or counteroffer.
- Self-onboard: Set up contractor profile, add payment and tax information, and view and execute on client requirements like background checks and drug tests.
- Manage work: Check in, upload deliverables (such as photos and documents), and check out while on-site. When the work is done, workers can easily submit for approval, payment, and even reimbursements.
- Get paid: Manage invoices, request payments and set-up auto-withdrawals — all from the app.
