Work Market Sets New Bar for Work Automation with New Payment Options

NEW YORK, Feb. 7, 2017 /PRNewswire/ -- Work Market, the leading cloud software for work automation, announced two upcoming features that will offer faster, more flexible payment options for both workers and businesses. The payment features -- Fast Funds Mobile and Off-Platform Payments -- advance Work Market's goal to leverage work automation technology to make it easier for people and companies to work the way they want.

Fast Funds Mobile adds a compelling option for freelancers to get paid immediately for their work, as soon as they receive approval from the paying business. For the first time, freelancers can gain instant access to their funds via the Work Market mobile app -- offering the level of flexibility and effortless mobility that modern workers crave.

Key benefits of Fast Funds Mobile include:

• Freelance workers finally gain more control over when and how they are paid
• Fast Funds Mobile via the Work Market app enables easy access for an increasingly mobile workforce
• Faster payments give freelancers options for when they need funds immediately

Off-Platform Payments allows eligible businesses the option of paying freelancers via their existing or alternate payment system such as ADP, Paychex or QuickBooks. Once an assignment is completed on Work Market, the company is automatically prompted to complete payment to the freelancer via their existing platform.

The result is an added layer of flexibility in finding what works best for a business and its freelance workers. This solves one of the key issues with freelance talent: businesses that have not optimized how they pay freelancers risk losing track and delaying payments -- one of the top concerns of freelance workers.

Key benefits of Off-Platform Payments include:

• Businesses can leverage Work Market's workflow benefits while utilizing their preferred payment method
• Companies with international freelancers can use their existing payment method to pay workers in their local currency
• Keeping all payments on one system reduces complexity as businesses track an increasingly blended workforce of freelance and full-time workers
• More flexibility means leaders can tailor a payment process that works for their business and ensures freelancers get paid on-time

"Business leaders are increasingly leveraging talent outside of their four walls to remain agile enough to compete in our digital world," said Stephen DeWitt, CEO of Work Market. "As the use of contingent labor continues to grow, we've seen payment headaches remain a top concern for businesses and workers alike. We're proud to enhance our product to solve modern business needs, like the need for more flexible payment options for the on-demand workforce."

With businesses and workers recognizing that freelance labor is here to stay, Work Market remains committed to leveraging work automation technology to unlock the full potential of tomorrow's workforce. Modern, blended workforces that include on-demand freelance talent offer the potential for greater flexibility and efficiency, but only when critical issues like payments are managed with digital tools that meet the needs of both companies and workers.

In addition, these new payment features are yet another example of Work Market's mission to equip every worker and every company with flexible solutions that enable them to achieve more every day. Last year, Work Market introduced Work Market Connector for MuleSoft, offering businesses a new way to integrate their on-demand workforces seamlessly into leading enterprise workforce applications offered by Salesforce, Workday, ServiceNow, SAP, Oracle, Microsoft and more.

For more information about Work Market's new payment features and how Work Market is helping businesses close the loop on their digital transformation, contact Adrianne Wright, Head of Media Relations at Work Market, at [email protected].

SOURCE Work Market

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