Papaya and Worksome unveil a worldwide freelance payment platform.

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Papaya Global and Worksome have partnered to simplify the management and compensation of contingent workers for enterprises.

Their collaboration has led to an integrated platform that merges Papaya’s global payment infrastructure with Worksome’s contractor management tools.

This joint solution allows businesses to onboard, classify, and pay freelancers across more than 160 countries using local currencies while ensuring compliance with local regulations. Key features include agent-of-record (AOR) and employer-of-record (EOR) capabilities, real-time payments, and in-product worker classification tools, all accessible through a unified interface.

Solving Complexities of Flexible Staffing Models

Currently, freelancers, contractors, and gig workers make up 40% of the global workforce, with forecasts indicating this could rise to over 50% by 2050. However, many organizations still rely on fragmented systems or manual processes for managing these workers.

Papaya Global officials view contingent workforce management as one of the more challenging tasks for large employers and believe their partnership with Worksome can help companies navigate these issues at scale, particularly in areas such as onboarding, compliance, and cross-border payments.

Worksome portrays its platform as a modern alternative to traditional contractor management processes. The company states that by combining forces with Papaya, clients can operate more efficiently while minimizing delays and regulatory risks.

The new platform is positioned as a purpose-built Freelance Management System (FMS), designed to address the enterprise need for managing independent talent. Key features include automated onboarding, built-in compliance mechanisms, and localized payments, with an emphasis on visibility and process integration.

Worksome operates in Copenhagen, London, and New York, servicing over 350 clients. Papaya Global’s licenced payment services arm Azimo facilitates workforce payments across multiple jurisdictions and has obtained regulatory approvals in five Tier-1 markets.

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