While we all love the idea of working remotely, and hiring international contractors, the documentation, HR tasks, and payroll activities associated with keeping a global workforce doesn’t come easy.
This is probably why there are a number of players in the industry trying to help teams hire, pay, and manage international contractors, freelancers, and remote workers.
Unfortunately, most of these tools have ended up becoming more complex, more expensive, and not so easy to navigate.
In the end, the purpose of these platforms simplifying global talent acquisition is easily defeated.
Thankfully, there’s Arbonum, which helps simplify payroll, multi-currency payments, HR stuff, and more for these teams. But what is Arbonum and how can it help your small or large team work with international contractors regardless of their location.
Table of Contents
What is Arbonum?
Arbonum is a comprehensive platform that simplifies the process of managing international contractors. With Arbonum, digital marketing agencies, creative studios, software engineering teams, and game dev studios can consolidate all their contractor-related tasks and processes into a single, user-friendly platform.
Arbonum offers a range of features. These include multi-currency payments, global payroll, and compliance among others.
Features of Arbonum
Arbonum offers a wide range of features for any team of any size. So far as you want to hire and work with international contractors, you can use the platform. Let’s explore each of these features in detail:
- Multi-country payroll
Arbonum has features that simplify the payroll process entirely. It does this by providing a centralized place for managing payroll across multiple countries. Instead of dealing with different payroll systems and regulations in each country, as a business, you can handle payroll for all their international contractors from a single interface.
- Multi-currency payments
With Arbonum, teams can make payments to their contractors, freelancers, and remote workers in their local currencies. The platform supports multiple currencies, which helps eliminate the need for manual currency conversions and international wire transfers.
As a contractor or remote worker, you can receive payments promptly and without incurring unnecessary fees, while businesses benefit from a streamlined payment process.
- Contractors KYC checks
This is where Arbonum conducts comprehensive Know Your Contractor (KYC) checks to verify the identity and qualifications of contractors, freelancers, and remote workers. With this feature, you’re sure of working with legitimate and qualified professionals, reducing the risk of fraudulent activities and unqualified teams.
- Benefits and Insurance Administration
With this feature, Arbonum allows businesses to provide essential benefits and insurance coverage to their contractors. It enhances the overall contractor experience and helps businesses attract and retain top talent by offering competitive compensation packages.
- Instant contracts
Writing contracts and finding a common ground when hiring international contractors is never easy. Arbonum enables businesses to create and send customized contracts to global contractors instantly. The platform allows you to define the scope of work, payment terms, and any additional terms and conditions. This feature eliminates the need for lengthy negotiations and paperwork.
- 24/7 support from local HR and legal experts
Arbonum provides round-the-clock support from experienced HR and legal professionals who are well-versed in local labor laws and regulations. As a digital agency or creative team hiring international contractors, you can rely on this support to address any inquiries, concerns, or legal matters related to contractor management.
How does Arbonum work?
Arbonum operates through a simple process that allows digital marketing agencies, game dev studios, and software development teams to seamlessly manage their international contractors and freelancers.
Let’s explore the step-by-step process of how they achieve this:
- Step 1: Submit your new hire on the platform:
This first step is straightforward, and requires you to input the necessary information about the international contractor, such as their personal details, contact information, and contract terms.
- Step 2: define the scope of work:
Once you’re done adding the contractor to the platform, you can define the scope of work for the project. Arbonum provides tools and templates to help you outline the specific tasks, responsibilities, and deliverables expected from the contractor.
- Step 3: make payment:
As a team hiring remote talent, you can easily process payments to your international contractors and team members directly through the platform. Arbonum supports multi-currency payments, allowing businesses to pay contractors in their local currencies, eliminating the need for manual conversions or international wire transfers.
Who is Arbonum For?
Arbonum is a versatile platform that caters to a wide range of users and businesses. Its comprehensive features and streamlined approach to contractor management make it suitable for various industries and individuals.
Let’s explore the different user groups that can benefit from Arbonum:
HR & People Ops Teams
For HR and People Ops teams who are responsible for onboarding and managing contractors, Arbonum is the go-to option. With Arbonum, these teams can onboard contractors in a matter of minutes, unify different types of working contracts under one umbrella, and easily add special terms and non-disclosure agreements to every contract.
CFOs and Finance Departments
Arbonum offers a flexible and cost-effective solution for CFOs and finance departments. The platform enables them to make urgent payments to contractors efficiently and compliantly.
Game Dev teams
Arbonum is particularly beneficial for game development teams that regularly work with remote 2D and 3D artists, testers, and developers. The platform streamlines the process of hiring and managing these remote teams, ensuring efficient collaboration and timely payments.
Digital marketing agencies
For digital marketing agencies, Arbonum provides a means to quickly onboard and pay content creators, such as bloggers and influencers.
Digital Nomads
Arbonum offers a convenient and efficient payment solution for digital nomads. With 0% fee and support for fast payments, Arbonum handles all banking-related questions and transfers payments from clients to payment methods within seconds.
B-Corps & Nonprofits
If you’re a nonprofit or B-corp, Arbonum offers discounts on services and media support. B-Corps and nonprofits can take advantage of Arbonum’s comprehensive features to manage their international contractor base efficiently, ensuring compliance and transparency in their operations.
Remote workers and Freelancers
Arbonum is also beneficial for remote workers and freelancers who work with multiple clients and need a streamlined and efficient payment system. The platform facilitates prompt and hassle-free payments, allowing remote workers and freelancers to focus on their work without worrying about payment logistics.
Arbonum’s Pricing and Plans
Arbonum offers a transparent pricing structure and flexible plans to cater to the diverse needs of businesses and individuals. Let’s explore the pricing and plans offered by Arbonum:
Transaction-based pricing:
Arbonum operates on a transaction-based pricing model. It takes a fee on every transaction made through the platform. The exact fee percentage varies depending on the volume and frequency of transactions. Arbonum ensures that there are no hidden fees, providing transparency and clarity in pricing.
No subscription fees:
Unlike many other contractor management platforms, Arbonum does not charge any subscription fees. This means that businesses and individuals can access and use the platform without incurring recurring costs.
Scalable solutions:
Arbonum’s pricing structure allows businesses to scale their usage based on their changing needs. As businesses grow and expand their contractor workforce, Arbonum provides the flexibility to adapt and accommodate increasing transaction volumes.
Cost-effective solution:
Arbonum’s transaction-based pricing model ensures that businesses only pay for the services they use. This cost-effective approach eliminates the need for businesses to invest in expensive software licenses or infrastructure.
Conclusion
It’s important to consult with Arbonum directly to get detailed information about the specific pricing options and plans that align with your requirements.
The Arbonum team can provide a comprehensive overview of the pricing structure, answer any questions, and work with you to find the best pricing plan for your business.
Arbonum Official Website: https://www.arbonum.com/
