You are here

How to Compare IT Contractor Payroll Companies

When choosing a contractor payroll service, many factors must be taken into account when making the selection decision. These include cost efficiency, specific features and ease of use as well as looking for vendors with strong reputations and multichannel support services.

These solutions not only track time but also offer multiple payment options and an app specifically for contractors' wallets to make payment convenient and accessible. Furthermore, they offer full tax compliance services.

An effective IT contractor payroll companies service should offer cost-efficient solutions for paying contractors, while remaining user friendly with an intuitive user interface and staying current with state and federal tax law updates. In addition, comprehensive reporting tools must also be included as part of its offerings for analysis purposes.

When comparing costs, it's essential to examine all of the services a contractor payroll service offers in its total package. Some services charge a flat fee per contractor while others may also include compliance management or omnichannel support - helping you make an informed decision on which service best meets your needs.

KGBM is a cloud-based global platform designed to manage human resources (HR), IT and finance for all your employees - both employees and contractors alike. Furthermore, it automates global compliance payments that ensure your business meets local laws; making this the ideal solution for companies needing to quickly hire international talent.
Specific features

Consider all features offered by different contractor payroll services when making your choice, such as next-day direct deposits, reporting tools and global compliance support. Furthermore, think about whether you want a dedicated representative available to answer questions and offer personalized assistance; some providers even provide simplified user interfaces so you can be up and running quickly.

KGBM provides businesses with a comprehensive suite of IT features designed to assist with managing contractors. This includes online portals, password protection and remote login for company apps. In addition, KGBM also provides IT tools that allow companies to purchase, configure and ship company equipment directly to remote contractors; deprovision apps or devices when contractors leave. This feature is especially beneficial for companies employing many contractors across multiple locations worldwide and integrates with over 500 third-party apps.
Ease of use

Lastly, when selecting the appropriate contractor payroll services for your company, take into consideration which features are most essential to your needs. For instance, if tracking payments and printing pay stubs is key for you, look for services which offer this functionality. Other companies provide employee benefit management; others specialize in paying contingent workers quickly while filing tax documentation.

Some of these companies also provide contractors with self-onboarding tools to save HR teams time. Furthermore, these providers may provide free or low-cost options for paying contractors such as direct deposit via ACH direct deposits or checks.

KGBM provides a flexible solution to manage contractor payments that integrates seamlessly with point-of-sale (POS) systems, and also offers free time tracking via its POS integration, making it especially advantageous if contractors work by the hour. In addition, KGBM also provides IT tools to remotely monitor contractors' devices and apps including the ability to reassign data, withdraw app access privileges and remotely lock company-assigned computers.