The 10 best contractor management software platforms

Knowing how to manage contractors can be tough sometimes, but things quickly get risky once you hire international talent. Each country has its labor laws, and you need to make sure you remain compliant. Contractor management software helps businesses maintain compliance and offers a wide range of time-saving features.

In this article, we look at the 10 best contractor management software platforms available right now so you can find the right one for your business. 

What is contractor management?

Contractor management is the process of overseeing independent contractors or freelancers who support your business. It covers hiring, onboarding, contract management, and ensuring that everything is compliant. You’ll also need to track their work, manage deliverables, and handle payments on time.

A solid contractor management system helps you reduce legal and financial risks. It keeps operations smooth and protects your company. This is even more important when working with international contractors, because labor laws vary between countries.

Why use contractor management software?

Using the right contractor software makes managing contractors easier, safer, and more efficient for your business.

The right platform centralizes and organizes contractor data, automates payments, and streamlines contractor onboarding so you can hire the right people for the job, no matter where they are in the world.

Keeping records organized in one place helps businesses improve compliance by reducing the risk of misclassification and payroll errors. 

A good contractor management platform will offer automation for tasks such as payments, background checks, and contract generation, allowing businesses to spend less time on paperwork and more time on what really matters. 

Key features to look for in contractor management software

When looking at software to help with contractor management services, keep an eye out for key features like:

• Locally compliant contracts
• Quick and accurate payments
• Intellectual property protection
• Organized contractor processes
• Multi-currency payments
• Contractor expense management
• Benefits and time off management

10 best contractor management software

Here are 10 of the best contractor management software platforms.

1) Payoneer Workforce Management

Payoneer Workforce Management (WFM) is an end-to-end contractor management solution in 160+ countries that takes the pressure off managing independent contractors. Payoneer WFM can help you with hiring and onboarding contractors, payroll, compliance, contractor agreements, and more.

Key features:

• Global compliance: Contractor hiring regulations vary from country to country. Payoneer WFM helps you stay compliant with local labor laws. 
• Automated contractor payroll: Automate payroll processing in multiple currencies to pay contractors worldwide quickly and accurately. 
• Seamless onboarding: Payoneer WFM streamlines the onboarding process so you can quickly integrate contractors into your team.

Pricing: Pay contractors globally starting at just $19/contractor/month

Rating: 4.6 stars on G2

Book a demo today to see how Payoneer Workforce Management can help your company hire and manage contractors in 160+ countries. 

2) Deel

Deel helps companies ensure on-time payments, mitigates misclassification risk for contractors in 150+ countries, supports onboarding with automated HR tasks and flexible payment methods. 

3) Remote

Built with distributed workforces in mind, Remote makes it simple to manage contractors in multiple countries. It offers built-in tax tools and plenty of automations to keep everything running smoothly. 

4) Rippling

Rippling is a cloud-based platform that helps businesses manage contractors and employees on one platform. It’s great for businesses looking to integrate contract management with other business processes, with support for onboarding, compliance, payments, and integrations across HR and IT functions.

5) Papaya Global

Papaya Global provides a global contractor management platform that promises a streamlined HR experience with automated onboarding, compliance, and payroll solutions.

6) Worksome

Worksome is a contractor management tool with global compliance tools built directly into the platform. Worksome handles compliance with audit-proof tools that lower misclassification risks and simplify ever-changing laws.

7) Multiplier

Multiplier is a seamless contractor management system allowing companies to hire and manage contractors across 150+ countries. It offers automated workflows and compliance tools to streamline processes and reduce risk.

8) RemoFirst

Remofirst helps businesses scale globally with one centralized view for contractor management, expenses, time off, and more. The platform makes hiring and paying contractors in 150+ countries easy without compliance risks.

9) Safeguard Global

Safeguard Global promises a secure contractor management platform, on-time international payments, and a simple payment process, all in one streamlined solution.

10) Plane HR

Plane helps businesses hire and manage international team members as easily as domestic teams, with compliance and payroll built in.

How to choose the right contractor invoicing software for your business

The right contractor management platform for your business depends on the following factors:

• The location of your contractors
• The level of automation you’re looking for
• Pricing structure
• Support and integrations
• The industry you work in

The perfect platform will vary from business to business. For example, a startup scaling across Latin America might prioritize multi-currency payments and local compliance features. Meanwhile, a creative agency working with glocal freelancers might value fast onboarding and automated invoice management. The best approach is to compare your list of must-have features with what different platforms offer and see which ones match what you need most. 

Payoneer WFM is one of the best contractor management software

Payoneer Workforce Management helps companies hire independent contractors and full-time employees in 160+ countries, without the stress of setting up a local legal entity. 

Our unified platform makes it easy to:

• Onboard new hires quickly and compliantly without a local entity
• Run global payroll securely and with a single click
• Stay updated and compliant with local employment laws 
• Manage taxes, benefits, work permits, timesheets, background checks, and more

Payoneer WFM has everything a business needs to hire, pay, and manage their global team, from hiring in days to multi-currency payroll.