It may also offer features for contractor screening, job bidding, and proposal comparison to ensure you find the right fit for the job. A Freelance Management System is a cloud-based solution that streamlines contractor sourcing, onboarding, work assignments, and payments. Around 33% of Fortune 500 companies turn to freelance platforms to outsource certain functions.Īs more companies continue to seek skilled individuals to work on contract/project basis, platforms known as Freelance Management Systems (FMS) have become popular.Close to 40% of small businesses have outsourced some business functions to freelancers and international contractors.Companies save up to 50% by hiring freelancers instead of full-time employees.In the US alone, 57 million workers are freelancers and it is expected that nearly half of the American workforce will be freelance in the next couple of years. In the current shift to remote work, the number of highly qualified freelancers has increased. ![]()
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