WorkMarket by ADP®:
Simplify your independent contractor management

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.

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.