Compliance management

Compliance management

Compliance management involves the systematic efforts and processes undertaken by organizations to ensure that they adhere to all relevant legal, tax, and regulatory requirements when engaging freelancers and independent contractors. This includes verifying that freelancers have the necessary licenses, permits, and certifications to perform their work legally and that the appropriate taxes are withheld and reported. By prioritizing compliance, Contingent Workforce Managers can mitigate potential legal risks, avoid financial penalties, and protect their organization's reputation. With a compliance partner like Worksuite Global Engage, enterprise organizations can shield their business from compliance risk when engaging contractors worldwide (190 countries supported).