WorkMarket® by ADP®: Simplify your independent contractor management
Onboard, verify and pay your independent contractors (1099 workers, freelancers) efficiently and compliantly. With WorkMarket, you can also manage all your work assignments in one place.
WorkMarket: How it works
A better way to manage your independent contractor workforce
Say goodbye to manual processes
WorkMarket by ADP is the all-in-one independent contractor management system that helps you automate many workflows, from onboarding to paying workers – so you can grow your business, not your administrative burden.
Burdensome tasks made easier with automation include:
- Furnishing and electronically filing 1099-NEC forms
- Verifying US tax ID and bank account info
- Generating invoices on behalf of workers
- Enforcing your business requirements via systematic guardrails
WorkMarket features and benefits
Onboard and verify independent contractors efficiently, at scale
Recruiting independent contractors and helping to ensure they are qualified is easy with WorkMarket.
- Attract talent – Create your own branded recruitment page to showcase the opportunities you have to offer.
- Automate verification – Collect and verify US tax ID, Form W-9 and bank account information automatically.
- 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.
Fast, flexible and global payments
WorkMarket enables you to pay contractors quickly and efficiently, helping you retain talent.
- Pay on time, every time – 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 US 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.
- Tax support –WorkMarket will furnish and electronically file year-end 1099-NEC forms for you.
Engage the right contractor for the right work, at the right time
For faster onboarding and deployment, WorkMarket helps you organize workers into Labor Clouds based on requirements you choose. Add as many criteria as you would like, such as:
- Skill sets, licenses, certifications
- Background checks, drug tests, insurance
- Worker location
- Customizable tests to assess worker knowledge
Our dynamic monitoring system makes it easy to track worker status, helping ensure that contractors in your Labor Clouds meet your business needs.
Managing work made simple
Manage all your work assignments, whether they are virtual or on-site, in one platform. From sending work to tracking deliverables – we’ve got you covered.
- 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 multiple assignments at once and automatically generate invoices on behalf of your workers; payments are made based on pre-set terms.
WorkMarket is flexible so you can manage work assignments on our platform. We can also integrate with your existing processes and a wide variety of work management systems.
Built-in compliance support to help mitigate risks
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. In addition, WorkMarket will:
- Automatically verify U.S. worker tax IDs and bank accounts
- Furnish and file 1099-NEC forms with the IRS and applicable state agencies
- Produce an invoice audit trail for every transaction
- Collect documents, like contractor agreements, certifications and non-disclosure agreements (NDAs)
- Withhold garnishments1 and non-statutory deductions2, such as rent and penalties, from contractor pay
Open API to connect your systems
WorkMarket integrates with most of your existing systems, from accounting software and customer relationship management (CRM) to 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.
Independent contractor management that scales with your business
WorkMarket is an end-to-end platform for managing independent contractors, but it’s also modular, which means you can mix and match features to create a solution that works for you. So, if you only need help with onboarding and payments, we’ve got you covered. WorkMarket will meet you exactly where you are as your business grows.
Looking for a smarter, more compliant way to manage your independent contractors?
Learn how our independent contractor management system can be customized to your needs.
MEET OUR CLIENTS
“We needed a robust platform that could handle not only the volume of workers but the onboarding demands of our specific business needs. We found the WorkMarket platform ticked all the boxes.”
- Name
- Cynthia Aguirre
- Title
- Senior Director
- Company
- cielo 24
Contractor management resources
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By submitting this form, you acknowledge that you have read our Privacy Statement for Business Contacts and agree to our Terms of Use.
- WorkMarket does not handle garnishment withholding calculations, remittance to agencies, or agency reporting.
- 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.