Insperity Launches Contractor Management Platform to Streamline Gig Economy Workforce Solutions
- Insperity launches the Contractor Management platform with Wingspan to streamline contractor engagement and compliance processes.
- The platform automates onboarding, TIN verification, and payments, enhancing operational efficiency for managing independent contractors.
- Insperity aims to support businesses in adapting to flexible work arrangements and evolving workforce dynamics.
Insperity Unveils Comprehensive Contractor Management Solution
Insperity, Inc., a prominent provider of human resources and business performance solutions, solidifies its commitment to adapting to the evolving workforce by launching the Insperity Contractor Management platform in collaboration with Wingspan, a modern payments platform tailored for independent contractors. This strategic partnership comes at a time when the gig economy is flourishing, with one in three American workers earning income as 1099 contractors over the past year. The new platform automates the entire contractor engagement lifecycle, encompassing onboarding, TIN verification, payments, and compliance with 1099 tax reporting. Kathy Johnson, Insperity’s executive vice president of strategic development, articulates that the company aims to deliver a premium experience for clients who face the complexities of managing a growing number of independent contractors.
The Insperity Contractor Management platform is designed for flexibility, allowing businesses to onboard contractors both individually and in bulk. This comprehensive solution streamlines essential processes such as W-9 collection and TIN verification, minimizing administrative burdens and enhancing operational efficiency. The automation features embedded in the platform not only save time but also ensure accuracy, allowing organizations to manage 1099 workers with the same level of proficiency as they do W-2 employees. The collaboration with Wingspan signifies a pivotal step for Insperity, as it positions the company to meet the increasing demands of a workforce that increasingly relies on freelance talent.
Wingspan co-founder and CEO Anthony Mironov underscores that this partnership is a testament to Insperity’s dedication to innovation in the human resources sector. By integrating smart automation with robust support, the Insperity Contractor Management platform enhances the contractor management experience for businesses and independent contractors alike. This development is particularly significant as companies navigate the complexities of a modern labor market, ensuring compliance while optimizing the management of their independent contractor workforce.
In addition to the contractor management launch, Insperity continues to focus on supporting its clients amidst the shifting landscape of employment. As businesses increasingly turn to flexible work arrangements, Insperity remains committed to providing solutions that align with the needs of modern organizations. The introduction of this platform not only reflects a proactive approach to workforce management but also highlights Insperity's role as a leader in the human resources industry, catering to the evolving dynamics of employment.
