Xolo launches a global platform for managing teams of independent contractors

TALLINN from Estonia, September 29, 2021 / PRNewswire / – Xolo, the company serving nearly 100,000 solopreneurs around the world, today launched a new service called Xolo Teams, allowing businesses to contract, manage and pay their independent contractors quickly and easily.

The new service is available for European, American and Canadian companies to contract freelancers in Europe. These companies can manage their freelance workforce using Xolo’s web-based SaaS platform, contract framework, and payment methods.

“We are going through the most profound change in the nature of work in centuries. The shift from traditional employment to self-employment is now accelerating in the post-Covid remote working age. We believe the majority of professionals of knowledge will be employed as independent companies in a few years “, CEO of Xolo Allan Martinson noted.

For example, a September 2020 A McKinsey survey of 800 executives around the world found that over the next two years, 70% said they plan to increase their dependence on-site independent and contractual workers.

“Businesses need new toolkits to deal with this new situation. Instead of HR and payroll systems, they will need platforms to manage teams of independent contractors – whether they are sole proprietorships or sole proprietorships, ”Martinson continued.

Xolo’s new service delivers just that for businesses, providing a simple and easy way to contract, manage and pay contractors regardless of their location within a single platform. The new service is combined with its existing product which helps solopreneurs manage their micro-businesses.

Xolo, with independent clients in 131 countries, is one of the leading SaaS services used by solopreneurs around the world. The new service is now targeting the companies that hire them, providing a platform to manage everything from contracts to compliance to payments.

Davor Mismas, COO of Trash Gang and one of the first to adopt the new service from Xolo, said: “The biggest problem was how to connect the independents and us in a legally possible way in the EU, with rates that are sky rocketing compared to all similar service providers. . In addition, working with more than 30 freelancers at the same time can lead to a lot of project management and bureaucracy, which has been greatly simplified, saving us precious time. “

Martinson concludes: “Although several EOR (official employer) companies offer subcontractor management, Xolo is unique because we have operated a platform for freelancers with a very high customer satisfaction rate for the past six years. Adding a Service to Help Businesses Get These Freelancers Xolo is a natural and win-win development for the business and the freelancer. “

Xolo Teams is available from September 28. Xolo charges 5% of the total amount paid to contractors as fees. You can find more information on Xolo teams here.

About Xolo

With a mission to make solopreneurship considerably easier, Xolo has been offering its platform to freelancers since 2015. Solopreneurs can use it to register their businesses, invoice, manage expenses, manage payments and bookkeeping. Nearly 100,000 freelancers have issued invoices to more than 300,000 customers, totaling 1.3 billion euros value of transactions throughout its history. During the global pandemic, the average income of freelancers on the Xolo platform increased by 29%.

Press kit

Click here to access the Xolo press kit, which includes photos and images.

Cision

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SOURCE Xolo

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