Global HR resource library
Your checklist for managing and paying overseas contractors
Thinking of engaging contractors?
Managing contractors need not be complicated. Below are key points to consider when selecting a contractor management solution.
Contractor agreements compliant with local law
Managing contractors need not be difficult. Consider the following when choosing a contractor management platform.
Choose a system offering country-specific contract templates that comply with local tax and regulatory requirements.
Use a separate statement of work to set out contractor roles and responsibilities.
Select a system that allows assignment and management of employer signatories on contractor agreements.
Ensure the system provides an option to take indemnity cover against misclassification risk.
Choose a system that includes a KYB/KYC process to maintain compliance.
Automated onboarding
Look for self-serve onboarding to provide a smooth start for your contractor talent.
Consider automated identity verification to streamline workflows and minimise human error.
Make sure the system can manage essential documentation and compliance checks.
Invoices, timesheets and payments
Choose a system that supports manual and automated invoice management for single and bulk invoices.
Confirm whether the system allows employers to create invoices on behalf of contractors. This is especially helpful when managing a large number of contractors.
Ensure invoice approval permissions can be assigned and shared among your administrative team.
Consider a system that supports invoicing at defined intervals, for example: weekly, fortnightly, semi-monthly or monthly.
Choose a system that supports invoicing and receiving payouts in the contractor’s preferred currency.
Prioritise guaranteed payouts to contractors. Select a system that removes the hassle of FX and currency conversion by ensuring contractors receive the exact invoice amount.
Check whether you can export invoices for chosen time periods.
Platform, user experience and pricing
Consider a provider that offers a trial rollout before you commit to paying their fee.
Prioritise solutions that reduce time and effort by offering greater automation.
Select a platform that can scale as your business expands. Ask how many contractors typically use the platform to assess scalability.
Choose multi-product suites rather than standalone systems for greater efficiency. Such suites provide flexible, scalable HR solutions suitable for managing your globally distributed team, including contractors.
Base your decision on platform usability. Ensure the platform is user-friendly and readily accessible to both you and your contractors.
Prioritise access to a knowledgeable, dedicated customer support team.
Seek a platform offering activity-based pricing. Remote’s transparent pricing guarantee ensures you are charged only per active contractor per month.
Understand your total cost of deployment
Double-check whether the system adds a ‘management fee’ on top of the monthly subscription.
Check whether the system deducts any additional fees for each invoice processed.
Factor in the FX rate and bank transfer charges when arranging international contractor payments.
Why select Remote for contractor management?
Smart onboarding and invoicing, including one-click approvals and bulk invoicing, help reduce administrative busywork.
Remote lets you pay contractors quickly and in compliance. Track payments at every stage, with visibility of the payment’s location in your network, plus the expected payment date and amount.
Remote provides over 200 compliant contracts, and our indemnity coverage add-on protects your business against misclassification and related legal risks.
Transparent pricing guarantee ensures you are charged only for contractors whoyou’re actively working with.
“On average, contractors start two weeks sooner with Remote.”
”47% of Remote customers say managing contractors is easier than with their previous solutions”
Administrative costs associated with contractor management have fallen by 32% with Remote. 99% of invoices are paid within three business days”
“Remote’s Contractor Management platform makes it very straightforward to pay in multiple currencies with a single click and centralise everything. The service is compliant and allows rapid onboarding to handle demand spikes.” - Georg Herzog, Head of People, Mimo
Discover a simpler way to hire, manage and pay contractors with Remote.