The Best Contractor Management Software for 2024 – Top 10 Compared

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Managing contractors can be challenging, but the right software can make all the difference. With the best contractor management software, you can streamline processes like tracking compliance, managing contracts, and ensuring timely payments. It helps you stay organized, reduces the risk of errors, and gives you peace of mind by keeping everything in one place.

Whether you’re dealing with multiple contractors or just a few, this software makes it easier to maintain control, save time, and ensure that your projects run smoothly.

Because every business has different needs, using a standard contractor management platform could hinder your goals. That’s why I’ve evaluated the top platforms to help you make the best choice for you and your business.

Best Contractor Management Software of 2024

Best Contractor Management Tools

I’ve reviewed the best contractor management software to help you stay organized with easy onboarding, tracking, invoicing, and approvals. Below are the top 10 contractor management tools I’ve put to the test.

  • Deel Best for managing the entire employee lifecycle with international contractor payroll management
  • Papaya Global Best for seamless bulk onboarding paired with integrated HR tools
  • Rippling Best for enhancing contractors’ experience with a mobile app and automated invoice approvals
  • ADP Workforce Now Best marketplace for IT field services, ideal for managing independent contractors
  • ExakTime Time & Attendance Best for tracking field workers’ time with GPS-enabled features
  • TimeClock Plus Best for managing independent contractors with robust integration options
  • Remote Best for self-service onboarding, perfect for working with subcontractors
  • Hopscotch Best free contractor management tool with simple invoicing features
  • Lusha Best contractor management system tailored for B2B companies
  • Atlas Best for consolidating global contractor data onto a single unified platform

What is Contractor Management Software?

Contractor management software is a tool that helps businesses organize and streamline the process of working with contractors. It simplifies tasks like onboarding, tracking work progress, managing payments, and ensuring compliance with contracts and regulations.

Essentially, it helps you stay organized and productive when managing freelancers, subcontractors, or independent workers so you can focus on the work itself instead of the paperwork.

Main Features of Contractor Management Software

When looking for contractor management software, there are a few key features that every solid platform should offer. These features are designed to help you stay organized, save time, and keep everything running smoothly (whether you’re managing one contractor or a whole team).

  • Contractor Onboarding – Simplify the contractor onboarding process by streamlining registration, document submission, and compliance checks. This helps you get your contractors up and running quickly without the hassle of manual paperwork or delays.
  • Contractor Profile Management Keep all your contractor information in one place. With a centralized profile for each contractor, you can easily manage their qualifications, contracts, work history, and important details, making it easy to access when needed.
  • Time Tracking – Track contractor hours accurately with time-tracking tools that capture work logs, timesheets, and even automatic overtime calculations. This ensures you pay contractors correctly and stay within budget without missing a beat.
  • Payment and Invoicing – Automate your invoicing and payment processes to ensure contractors get paid on time and accurately. With this feature, you can avoid the headaches of manual payments, streamline billing, and reduce errors that can delay work.
  • Compliance Management – Stay on top of ever-changing labor laws, tax regulations, and safety requirements. With built-in compliance features, you can ensure that your contractors are always meeting legal standards, reducing the risk of fines or legal issues.
  • Task and Project Management – Keep projects moving smoothly by assigning tasks, setting deadlines, and tracking progress. With clear project timelines and responsibilities, you’ll be able to make sure everything stays on track, and that quality isn’t compromised.
  • Performance Monitoring – Evaluate how your contractors are doing with tools for performance reviews, feedback, and ratings. This feature helps you identify top performers, address any issues quickly, and maintain a high level of quality and productivity across your team.

The Top Contractor Management Platforms Reviewed

To ensure our research presents a balanced and unbiased analysis, I’ve based my reviews on criteria such as key features, pricing, usability, third-party reviews, and more.

Deel – Best for Employee Lifecycle Management

Deel logo

Best For Employee Lifecycle Management
Free Trial Demo
Price From Starting from $49/active user/month
Top 3 Features Flexible International Payment Support, Onboarding Automation, Deel Card
Why We Picked It

Deel is a global people platform that facilitates easy contract worker management and simplifies the way you onboard, offboard, and carry out other activities related to your workforce.

During the onboarding process, you can quickly run background checks in just a few clicks and automate onboarding tasks and emails. Once you have your contractor on your team, Deel provides them with a self-serve platform to unburden HR off some tasks.

Features

As one of the best HRIS software, Deel streamlines HR processes with its AI-powered tools and automation to manage contracts, team goals, performance, learning development, and team satisfaction. It also empowers you by automating invoicing, expenses, time off, local tax agreements, and more.

Another unique feature of Deel is its Deel Card, which serves as a flexible payment card for global team members. With a Deel Card, your team can access their funds fast, spend their earnings securely online or in-store, and hold their balance in USD for more stability.

Deel also offers 15 different international payment methods, supporting 150 currencies at low exchange rates. Its supported payment options include Crypto, instant card transfer, bank transfers, Revolut, Paypal, Wise, Payoneer, Coinbase, and Deel Card.

Pricing

Deel’s price options are based on businesses’ unique needs, depending on whether they want to hire global talents or run payroll.

Plan Monthly Annually
Deel Contractor Management $49/active user/month
Deel EOR $599/month $499/month, Save $1200 when you pay yearly

Deel’s contractor management plan focuses on managing contractors with features and tools to onboard, manage, and handle compliance, payments, tax, and more.

Deel doesn’t offer a free trial, but you can schedule a 30-minute product demo to understand more.

Who's It Best For?

Deel is best suited for organizations that have contractors in many countries and value automation and compliance in managing every stage of their employees. Deel streamlines employee management right from hiring to exit.

Pros pros

  • It has a high global reach with its support for over 150 countries
  • Automates collection of local tax agreements and many other administrative tasks like invoicing
  • Its built-in communication system enhances collaboration between managers and contractors

Cons cons

  • It can be expensive for small businesses with low budgets
  • Lack of mobile app for accessibility
  • ACH transfer fees can be on the high side for businesses

 

Papaya Global – Best for Bulk Onboarding

Papaya Global Logo

Best For Bulk Onboarding
Free Trial Demo
Price From Starting from $30/contractor/month
Top 3 Features Bulk Onboarding, Integration with HR Tools, Contractors Contract Generator
Why We Picked It

Papaya Global is an all-in-one platform supporting global talent onboarding. I love it for its specialty in managing bulk onboarding of new contractors, which saves time and resources.

Its functions are comparable to Deel’s, but it supports more countries and has a user-friendly wizard for adding new contractors and mobile applications.

Features

Once you’ve completed the hiring process, Papaya Global auto-generates country-specific contracts according to local regulations for you.

Another fantastic feature that I appreciate is that Papaya automatically handles contractor payment requests by sending an email notification. The system notifies contractors to upload their invoices through the Papaya personal application to ensure that contractors are paid accurately and on time, regardless of their location.

Papaya Global also provides access to dedicated support teams that can assist with any issues or questions related to contractor management.

Pricing

Papaya Global has only one plan for contractor management functionality. It also provides the ability to request a customized estimate if you need additional features to manage your global contractors.

Plan Monthly
Contractor $30/contractor/month

Its contractor plan provides all the features needed to onboard, manage, and pay global contractors seamlessly. Its features include bulk onboarding, contract tracking and signing, a contractors’ contract generator, a global knowledge base, bulk payments, one-click approvals, and more.

Similarly to Deel, Papaya Global lacks a free plan or trial but allows users to request a demo.

Who's It Best For?

Papaya Global is ideal for enterprises that require software that can onboard multiple contractors simultaneously. Its coverage of more countries than Deel may help the organization reach out to more contractors worldwide.

Pros pros

  • Supports mobile devices
  • Provides localized contract templates
  • Allows bulk-onboarding of up to 1000 contractors
  • Supports more than 160 countries

Cons cons

  • The final price is based on personal request
  • Supports lesser currencies than countries supported
  • Its setup can take time
  • Its layout needs improvement to facilitate accessibility

 

Rippling – Best for Enhancing Contractors’ Experience

Rippling logo

Best For Enhancing Contractors’ Experience
Free Trial No
Price From Starting from $8/user/month
Top 3 Features Mobile App, Contractor Control Access, Invoice Auto-Approval
Why We Picked It

Rippling stands out with its unified platform for onboarding, managing, and paying contractors smoothly. This allows for easier bills and speedier paychecks, which simplifies payment operations.

While the platform is simple to use and provides contractors with access to the system via its mobile app, it supports fewer currencies than Deel.

Features

Rippling takes off the burden of manual HR management processes by supporting payment approval automation. With its auto-approve workflow, you can speed up invoice approval processes by setting custom criteria, approved time cards, or contracts while Rippling does the remaining automation.

Its flexibility provides contractors with some controlled access to manage payment processes from their end. This approach helps squeeze more time out for HR. Its easy workflow also saves management time as invoices automatically load into payroll, eliminating manual data input.

It also offers a time-tracking feature that allows easy overseeing of contractors’ project management to ensure accurate payments.

Pricing

Rippling’s pricing is request-based and is determined by the features needed as well as the number of contractors who will use the platform. In general, the price starts at $8 per month per user.

The Rippling pricing strategy is a good option that supports any business type or size. This allows people to only pay for what they need.

There is no free plan. However, you can request a trial or fill out a form to view the tour video.

Who's It Best For?

Rippling is highly suitable for companies that need simplified processes to offer their contractors a smooth onboarding and payment experience at an affordable rate.

Pros pros

  • Affordable start price when compared with competitors like Deel and Papaya Global
  • Simplifies contractor management
  • Intuitive and user-friendly interface for easy navigation for contractors
  • Puts KYC on autopilot for easy compliance

Cons cons

  • Lack of free plan/trial
  • It can become expensive as you add more features
  • Supports 50+ currencies
  • Its reporting features could be confusing

 

ADP Workforce Now – Best for IT Field Services Marketplace

ADP Logo

Best For IT Field Services Marketplace
Free Trial Demo
Price From Quote-Based
Top 3 Features Labor Clouds, Manage Work Assignments, Customized Payment Route
Why We Picked It

I considered ADP Workforce Now the ideal cloud-based software solution for hiring independent contractors in the IT field because it offers a dedicated marketplace to help businesses streamline their hiring process. Its network of contractors has completed hundreds of thousands of maintenance and installation jobs and has been verified. You can easily search through worker profiles to find the right candidate for your job.

ADP has a unique feature that I found fascinating: it offers occupational accident insurance (OAI) and general liability insurance through a third party on the platform.

Features

ADP Workforce Now gives you access to its labor clouds, allowing for speedier onboarding and implementation. The labor clouds are talent pools that you’ve identified and grouped based on features like skill sets, location, licenses, background checks, and more.

ADP offers a platform for managing work assignments with independent contractors and facilitating real-time communication. Its mobile app allows you to keep your workers connected and on track.

Paying employees can be difficult at times. Therefore, ADP allows you to tailor payment methods to your specific needs. It also automatically generates and submits 1099-NEC documents to the IRS.

Pricing

ADP Workforce Now offers customizable solutions, facilitating payment flexibility for business needs. Users need to speak to sales to get a quote.

Who's It Best For?

ADP WorkForce Now is a suitable option for organizations that need a comprehensive platform to hire and manage verified IT professionals. Its workforce management marketplace helps you streamline talent hunting and ensures automatic management.

Pros pros

  • Provides a marketplace to hire verified IT talents
  • Supports organizations with occupational accident insurance (OAI) and general liability insurance
  • Facilitates automatic payment processing
  • Workers’ performance management in real-time

Cons cons

  • It may be expensive for small businesses
  • Lack of transparent price plans
  • Frequent upgrades may affect easy navigation
  • Its technical support service needs improvement

 

ExakTime Time & Attendance – Best for Tracking Field Workers’ Time

ExaktTime-Logo

Best For Tracking Field Workers’ Time
Free Trial No
Price From Starting from $9/month billed annually + monthly base fee
Top 3 Features GPS Features, Advanced Analytics, Photo ID Capture
Why We Picked It

ExakTime stands out as the best contractor management software for tracking field workers’ time. This cloud-based time clock system allows you to manage labor costs and reduce processing times, making your work easier.

ExakTime offers software as well as a hardware solution, a rugged portable device for accurate tracking of hours, travel time, and job costing.

Features

ExakTime offers GPS features that show you what’s going on across your team or at a specific job site without you having to be physically present. Also, your workers’ real-time location tracking is synced to the cloud and accessible from any mobile device.

ExakTime’s biometric solution helps organizations working with contractors feel safe with time tracking. Its mobile app snaps a photograph of the employee every time they clock in or out, so you can have a quick view of the office.

With every data provided through the time tracking processes, you have complete access to detailed reports to analyze your team members’ performances. Even as workers move from one location to the other or project to project, ExakTime helps you keep track.

Pricing

ExakTime provides companies with flexible price plans, available in three tiers.

Plan Monthly
Advanced $9/month
Premium Custom
Elite Custom

Each of ExakTime’s pricing, even with the Advanced plan, is open to customization to suit different business needs. The Advanced plan starts at $9 per employee monthly and includes features such as time & attendance tracking, GPS tracking & geofencing, and meal break tracking & notifications. This plan could suffice for many business needs.

However, those who need more options like AI-powered notifications and time off administration could use the next tiers or request a quote.

Who's It Best For?

As a dedicated time-tracking solution for field work, ExakTime is suitable for companies seeking easy-to-use software with rugged hardware to help them track contractors’ time and projects.

Pros pros

  • Integrates easily with other tools, such as QuickBooks
  • Helps in tracking field workers
  • Supports offline mode
  • Compatible with mobile devices

Cons cons

  • Occasional system bugs
  • The inclusion of real-time communication tools could improve usage
  • Its report interface requires an upgrade to improve easy workflow
  • Lack of a free plan

 

TimeClock Plus – Best for Multiple Integrations

TimeClock Plus (TCP) logo

Best For Multiple integrations
Free Trial No
Price From Quote-based
Top 3 Features Automated Time Keeping, Wide Range of Integrations, Custom API
Why We Picked It

TimeClock Plus is a reliable software that helps you improve accuracy and compliance through integrated company processes.

This software ensures time integrity by integrating securely and flexibly with your existing business tools, ERP, HCM, and payroll, allowing your team to work more efficiently. Its extensive integration capabilities contribute to its high level of customization.

Features

You can configure payroll rules in TimeClock Plus to fit internal policies, state and federal regulations, and collective bargaining agreements (CBAs). With automatic timekeeping, you receive automated reminders when an employee meets or approaches overtime to avoid costly errors.

TimeClock Plus’ high level of customization supports you with the necessary tools to manage workers’ leave in one click. You can easily view all leave requests on your dashboard and approve or reject them with one click.

TimeClock Plus provides useful insights into your productivity for better decision-making. Its labor, grant, and job tracking tools allow you to know exactly when, where, and what your personnel are working on. You can also use its pre-built reports to analyze costing by job, employee, department, project, etc.

Pricing

TimeClock Plus pricing information is based on request. Users need to contact the sales expert for guidance and quotes.

Who's It Best For?

TimeClock Plus is a good option for companies that need advanced configuration in managing and tracking their workers’ time. Its integrations and customization may help businesses get more out of the software.

Pros pros

  • Allows high level of configuration
  • Integrates easily with ERP, HCM, and payroll tools
  • Manages all workers’ requests in one place
  • Robust dashboard that’s easy to use

Cons cons

  • Lack of transparent price plan
  • Its offline feature is flaky
  • Adjusting incorrect time may require sending a ticket to the support team
  • The software lags sometimes

 

Remote – Best for Self-Service Onboarding

Remote Logo

Best For Self-Service Onboarding
Free Trial 30-day free trial
Price From Starting from $29/contractor/month
Top 3 Features Self-Service Onboarding Portal, Digital Document Submission, Bilingual Contracts
Why We Picked It

I consider Remote as the best contract management software that allows contractors to add their details and verify their identity during the onboarding process.

I love its comprehensive features, such as guided workflow, E-signature integrations, and more, which facilitate self-service onboarding for contractors. Another distinct feature is its creation of bilingual contract agreements.

Features

Irrespective of where your contractor is based, Remote allows everyone to stay compliant with its bilingual contracts. This facilitates easy understanding of information between the two parties.

The platform integrates electronic signatures to help contractors quickly sign contracts and other documents digitally. This speeds up the onboarding process and reduces paperwork, especially in a remote job role.

Remote’s automated contractor payroll management can be beneficial since it allows them to get paid in their preferred currencies and methods.

Pricing

Remote’s contractor management price plan starts at $29/contractor/month. This plan offers all the features you need to onboard and pay your contractor compliantly.

I appreciate Remote’s flexibility with pricing as it offers a free trial and the opportunity to request a demo. Unlike most contractor management solutions on our list, such as Timeclock Plus, Remote allows users to test its software with its free trial.

Who's It Best For?

Remote is the best option for companies that need an easy-to-use contractor management system that supports self-service onboarding. This is useful, especially when contractor management stakeholders require a hands-off onboarding process while attending to other company operations.

Pros pros

  • Offers a free trial
  • Offers bilingual contract agreement to facilitate easy understanding between managers and contractors
  • Great customer service
  • Wider country reach and flexible payment options

Cons cons

  • Lack of phone support
  • Its currency coverage should be increased to serve more contractors
  • Its comprehensive interface could overwhelm beginners
  • The price can be expensive for startups with low-budget

 

Hopscotch – Best Free Contractor Management Software

Hopscotch logo

Best For Free contractor management
Free Trial Free plan
Price From Starting from $36/month, billed annually (20% off)
Top 3 Features Invoice Branding, Integrations, Bill Pay Solution
Why We Picked It

Hopscotch stands out as the best free contractor management software, offering simple invoicing that makes getting paid hassle-free. During my testing, I found it incredibly easy to create professional invoices using its customizable templates, so you can quickly deliver them to clients without any fuss.

One feature I really liked was the Cash Flow option, which helps solopreneurs bridge the gap between invoice payments, keeping their business running smoothly.

Features

Hopscotch makes invoicing effortless, even if you’re new to it. Its templates are fully customizable, so you can add your logo, brand colors, and icons to make them your own.

The platform also offers flexible payment options through its bill pay solution, allowing you to pay or get paid using your preferred method. Once payments are processed, Hopscotch automatically categorizes transactions and matches them with the right bills or invoices.

For more advanced use, Hopscotch supports integrations like QuickBooks, letting you collaborate with your accountant or sync payments to streamline your bookkeeping.

Pricing

Hopscotch offers simple pricing options, a free and paid plan.

Plan Monthly Annually
Free $0/month $0
Pro $45/month $36/month

Hopscotch’s free plan is generous, allowing part-time freelancers to access tools like invoicing and bill payment. Its subscription plan is intended for small enterprises that want to manage their money and scale efficiently. Its features include higher invoice limits, Quickbooks integration, and unlimited priority assistance.

Hopscotch’s price offer is reasonable, allowing businesses to use it for free until they are ready to commit financially.

Who's It Best For?

Hopscotch is best for small business owners looking for a free, easy-to-use contractor management solution with simple invoicing and flexible payment options.

Pros pros

  • Offers free forever plan
  • Easy to use
  • Offers invoice factoring, even in its free plan
  • Free bank payment processing fee

Cons cons

  • Features may be too basic to support complex business needs
  • Integration with Quickbooks is only available on its paid plan
  • Its paid plan is expensive when compared with Rippling

 

Lusha – Best for Prospecting

Lusha logo

 

Best For Prospecting
Free Trial Free plan
Price From Starting from $36/user/month
Top 3 Features API, Extension, Email Sequences Automation
Why We Picked It

Lusha made our ranking due to its extensive capabilities for B2B contact management. This platform can help you swiftly collect contractor information and start a business conversation. Its browser extension function facilitates access—once you add it to your Chrome extension, it automatically pulls the contact information you need.

Features

Lusha’s email sequence automation allows you to schedule and send unique email sequences to specific contact lists. So, if you need to contact multiple contractors on your list, Lusha does it quickly.

With CRM enrichment, you can update your Salesforce CRM with the most up-to-date and correct information. To receive qualified prospects immediately, simply integrate Lusha with your Salesforce CRM.

Lusha also offers team management where you share credits between all the users in the account. Additionally, it allows you to see how everyone uses the credits.

Pricing

Each Lusha plan offers a different number of credits and features to support different company needs.

Plan Monthly Annually
Free $0/month $0
Pro $49/month $36/month
Premium $79/month $59/month
Scale Custom Custom

Lusha, like Hopscotch, provides a free option for users to explore the software. Its most popular subscription, Premium, is suited for small teams with uncomplicated workflows, as it includes unlimited email and phone calls each month, as well as team management.

Lusha’s pricing strategy is fair, starting with its feature-rich free plan. Its premium plans include advanced functionality. Team members with more than five users need to contact Lusha’s sales team for a price.

Who's It Best For?

Lusha is ideal for organizations/recruiters looking to find and verify contact information for skilled contractors and freelancers. Lusha allows HR professionals to engage with industry professionals and broaden their network, promoting talent acquisition and partnerships.​

Pros pros

  • Offers a free forever plan
  • Provides accurate contact information
  • Offers verified information alone
  • Improves prospecting and outreach processes

Cons cons

  • Only allows sign up from business email address
  • Expensive for small businesses
  • Requires an internet connection to use

 

Atlas – Best for Consolidating Global Contract Data

atlas hxm logo

Best For Consolidating Global Contract Data
Free Trial No
Price From Quote-based
Top 3 Features Unified Platform, Compliance Checks, Employee Management
Why We Picked It

Atlas offers a comprehensive solution to help businesses efficiently and compliantly hire global talents. During the onboarding process, Atlas offers proper documentation to ensure a smooth, localized onboarding experience.

It also provides employee benefits packages such as medical, dental, optical, life, and travel insurance to all your global talents.

Features

For organizations seeking a centralized database to store and manage their contractor information, Atlas provides a unified platform to achieve that.

Its onboarding process for new contractors is easy and automated, ensuring all necessary documents and compliance requirements are met efficiently.

Also, Atlas helps organizations track contractors’ licenses, certifications, and expertise and monitors every compliance with automated reminders.

Pricing

Atlas pricing information is not publicly available. As a result, you need to contact its sales support for a quote.

Who's It Best For?

Atlas is suitable for organizations seeking to compliantly manage global talents from one platform. Large multinational organizations with a wide range of contractor networks can use Atlas to centralize all contract data.

Pros pros

  • Automates recurring activities
  • Good customer support
  • Detailed document management
  • Consolidates contact information

Cons cons

  • Its comprehensive features may be overwhelming to new users
  • Lack of transparent price information
  • It may be expensive for some businesses
  • There is no free version to explore the software

 

Best Contractor Tracking Software: Comparison Chart

The table below provides you with a brief and concise overview of the key features of contractor tracking software.

Platform Best For Free Trial Starting Price Top Features
Deel Employee Lifecycle Management Demo $49/active user/month Flexible International Payment Support, Onboarding Automation, Deel Card
Papaya Global Bulk Onboarding Demo $30/contractor/month Bulk Onboarding, Integration with HR Tools, Contractors Contract Generator
Rippling Enhancing Contractors Experience No $8/user/month Mobile App, Contractor Control Access, Invoice Auto-Approval
ADP Workforce Now IT Field Services Marketplace Demo Quote-Based Labour Clouds, Manage Work Assignments, Customized Payment Route
ExakTime Time & Attendance Tracking Field Workers’ Time No $9/month billed annually + monthly base fee GPS Features, Advanced Analytics, Photo ID Capture
TimeClock Plus Multiple integrations No Quote-based Automated Timekeeping, Wide Range of Integrations, Custom API
Remote Self-Service Onboarding 30-day free trial $29/contractor/month Self-Service Onboarding Portal, Digital Document Submission, Bilingual Contracts
Hopscotch Free contractor management tool Free plan $36/month, billed annually (20% off) Invoice Branding, Integrations, Bill Pay Solution
Lusha Prospecting Free plan $36/user/month API, Extension, Email Sequences Automation
Atlas Consolidating Global Contract Data No Quote-based Unified Platform, Compliance Checks, Employee Management

Other Contractor Management Software

I’ve listed below more great independent contractor management software that just didn’t make the top 10 list but are worthy of consideration.

Methodology

How We Review And Test HR Products

To provide our readers with accurate and well-informed recommendations, we test the most popular HR products on the market to find the best options for you. Our methodology consists of the following criteria:

  • Features: We examine each product’s features to determine what capabilities are offered, and how well it performs crucial HR management tasks, such as tracking a sick leave.
  • Integrations: We evaluate the integrations of each piece of HR software to determine how well it fits in with other key pieces in a business’s software stack, and whether its functionality can be expanded as required.
  • User Experience: Usability is paramount when it comes to HR software. That’s why we put ourselves in the shoes of a new user, testing each platform to gain a firsthand understanding if the platform is easy to use or requires onboarding.
  • Price and Value for Money: Our approach to pricing involves a thorough review of the structure and plans offered by each platform. Beyond just the initial cost, we delve into the details to assess affordability and value for money.
  • Security: We dig into the security policies of each company, interrogating the safeguards they have in place to ensure the software protects user data properly.
  • Compliance: A critical requirement for most HR departments, we assess HR software on whether it offers local compliance when it comes to payroll, taxes, and more.
  • Reporting and Documentation: We look at the reporting and documentation capabilities of each software to make sure they offer comprehensive data sets, takeaways, and collaboration options for documentation.

Main Benefits of Contractor Tracking Software

Using contractor tracking software offers numerous benefits, with one of them being access to talent everywhere. Other benefits of using contractor tracking software are listed below.

  1. Easy Onboarding Process: HR departments may spend a significant amount of time documenting and aligning new employees with the organization’s policies. Having a contractor management platform assists in streamlining onboarding operations and making relevant documentation available to current and future employees.
  2. Enhanced Compliance: Contractor management platforms conduct background checks on prospective employees to guarantee that firms recruit the right talent. It also guarantees that all relevant documents and certifications are up to date, allowing companies to remain compliant with local and international labor laws.​
  3. Seamless Payment processing: Contractors could provide services from any country. Contractor management software enables multiple payment choices and currencies for a global workforce.
  4. Smooth Workflow: Contractor management software offers integration which allows easy workflow with existing business tools. For example, suppose the tracking system integrates with your project management software, this allows you to easily assign the right contractors to the right projects based on their skills and availability​.
  5. Accurate Timekeeping: General contractors can log their hours directly into the system, ensuring accurate time tracking and reducing discrepancies in work hours.

How Much Does Contractor Management Systems Cost?

Contractor management software cost varies depending on your specific needs and the software features. On average, a contractor management system can cost between $8/user to $100/user monthly. This pricing is mostly common with regular contractor management systems because of their basic features. Regular software includes features such as a contract repository, security, automation, approval, contract management, contract templates, time tracking, and collaboration tools.

Other extra features that most advanced contractor management software products offer are e-signature integrations, mobile app access, integration with other business tools, advanced security features, automated workflows, and financial management. Any software with these additional functions would be quite expensive, costing roughly $100 per user per month.

As a result, if you are looking for a low-cost contractor management application, Rippling is the best option on our list.

    How to Choose the Best Contractor Management Software

    Choosing the best contractor management isn’t an easy task. Consider the following elements when choosing one;

    BudgetEase of UseCompatibilityKey FeaturesScalabilityCustomer Support
    Evaluate your budget since it will serve as your benchmark/financial caution while selecting software. Choose the software plan that best suits your business needs.
    Understand the ease of use of the software before buying. Ensure you choose software that doesn’t have a steep learning curve.
    Evaluate the software’s compatibility with mobile devices. This is because having mobile-compatible software makes management easier on the go. Also, check to see if the compatibility feature is offered at all tiers to avoid paying for it as an add-on or on higher plans.
    What are your company’s contractor management features? Review them to see whether your budget matches the plans that include all of the features. Also, check to see whether some features are only available on higher-tier plans.
    Understand all of the features you might need in a contractor platform as your organization expands. Evaluate the cost of scaling and whether the required feature is available from the chosen provider.
    Customer support is important as you use any software, especially whenever you need guidance on a technical issue. Ensure you understand the software support hours and method of communication. Review the software’s previous users to understand their customers’ experience with the software.

    FAQs

    Who typically uses contractor management software?

    What is meant by contractor management?

    Why do I need contractor management software?

    Who is responsible for contractor management?

    John Iwuozor
    Tech Writer
    John Iwuozor
    Tech Writer

    John Iwuozor is a writer at Techopedia with over three years of experience and expertise covering topics on HR, business software, IT security, and finance for small and medium-sized businesses. His work has been featured on reputable platforms like Forbes Advisor and EsecurityPlanet. Leveraging his background in mathematics and data analysis, he specializes in delivering original and high-quality content with a keen eye for detail and accuracy.