Wingspan is a comprehensive platform designed to automate and streamline the management of contractor workforces. It enables businesses to efficiently handle the entire contractor lifecycle, from onboarding and payments to compliance and benefits, all within a single system. By integrating these processes, Wingspan helps companies save time, enhance contractor retention, and ensure compliance with relevant regulations.
Key Features and Functionality:
- Onboarding: Simplifies the contractor onboarding process by providing a self-service portal for W-9 collection, eSignatures, and background checks, reducing administrative overhead and compliance risks.
- Payments: Automates invoicing and payments, supporting various payment methods such as ACH, debit, credit, and instant transfers, ensuring timely and accurate compensation for contractors.
- Compliance: Manages tax compliance by automatically generating, filing, and delivering 1099-NEC forms, and offers a contractor help desk for addressing tax-related inquiries.
- Worker Benefits: Provides contractors with access to financial and health benefits, including business checking accounts, debit cards, and curated insurance options, enhancing contractor satisfaction and retention.
Primary Value and Solutions:
Wingspan addresses the complexities associated with managing a flexible workforce by offering an integrated solution that automates critical processes. It reduces administrative burdens, minimizes compliance risks, and improves contractor engagement through timely payments and access to benefits. This holistic approach allows businesses to focus on growth and operational efficiency while ensuring a positive experience for their contractors.