5 Ways Arbonum Saves You Time and Money on Global Payroll

Today, we’ve all come to agree that hiring international contractors and remote employees brings lots of benefits to businesses.

Aside from the access to great talent at an affordable rate, you also get to build a diverse team.

However, hiring international talent also introduces a layer of complexity, especially when it comes to payroll.

From navigating different tax regulations to ensuring timely payments across borders, the administrative burden can quickly eat away your time, human resources, and profits.

This is where Arbonum comes in.

What is Arbonum?

Arbonum is a platform designed to simplify all the processes and tasks that have to do with hiring, paying, and managing international contractors. Think freelancers, global contractors, and remote workers.

From a single platform, you can onboard new hires, handle payroll across multiple countries, pay in different currencies, ensure compliance with local regulations, and even manage benefits and insurance.

What Are The Key Features of Arbonum?

With a user-friendly platform, Arbonum streamlines the entire global payroll process, saving businesses valuable time and money in several key ways:

1. Eliminate Hidden Fees and Simplify Billing

Let’s face it, many traditional payroll providers have hidden fees, making it difficult to predict and budget for payroll costs. Before you know, the cost to doing global payroll goes up than budgeted for in the beginning.

Arbonum offers a transparent pricing structure with no surprise charges. You simply pay a flat fee per contractor, making it easy to manage your expenses.

2. Reduce Administrative Burdens

Managing an international payroll can be a time-consuming nightmare. We’ve seen other platforms where instead of simplifying the proces, they end up making it complex.

With Arbonum, you can automate the entire process, from onboarding new contractors to generating compliant payslips and tax reports. This frees up your HR team’s valuable time to focus on more strategic tasks.

3. Streamline Payments and Eliminate Delays

No one wants delayed payments. It eats into valuable time, reduces your trust with contractors, and just causes confusion. The bottom line is, making payments on time is crucial for both your business and your contractors.

Arbonum facilitates fast and secure international payments, ensuring your contractors receive their funds promptly and eliminating the risk of delays due to complex banking procedures.

4. Stay Compliant with Local Regulations

Tax and employment laws vary greatly from country to country. Staying compliant can be a daunting task, especially for businesses with a geographically dispersed workforce. This is where Arbonum comes in to help keep you and your operations on the right side of regulations.

How?

It does this by handling tasks like contractor KYC checks and ensuring all payments adhere to local requirements. It also has a network of HR experts in different jurisdictions to ensure you complay with local laws.

5. Gain Valuable Insights and Improve Efficiency

Arbonum provides comprehensive reports and analytics that give you a clear picture of your global workforce costs. This data allows you to identify areas for optimization and make informed decisions about your international talent strategy.

Who Can Use Arbonum?

Arbonum is a versatile platform designed to meet the needs of various professionals and organizations. Here’s how it can benefit different groups:

1. Game Development Studios

Arbonum benefits game studios that work with remote 2D & 3D artists, testers, and developers. It helps manage invoices, reports, and taxes without the need for regional offices.

2. Digital Marketing Agencies

Arbonum helps agencies onboard and pay content creators quickly, allowing them to focus on goals rather than admin tasks. It ensures fast payments and simplifies invoicing for international teams.

3. Remote Software Engineering Teams

Engineering teams can benefit from Arbonum’s instant payment system and tailored contract frameworks. It supports over 110 currencies and ensures privacy and GDPR compliance.

4. B-Corps and Nonprofits

B-Corps and nonprofits can use Arbonum to manage global teams efficiently. It offers discounts, media support, and simplifies compliance, payroll, and health benefits for remote workers.

5. Digital Nomads, Remote Workers, and Freelancers

Freelancers and digital nomads can get paid quickly with 0% withdrawal fees. Arbonum handles bank transfers, invoices, and offers support for tax and visa questions, allowing them to work from anywhere.

6. Managers and CEOs

Arbonum provides a flexible, cost-effective solution for hiring remote teams without subscription fees. It streamlines IP rights transfer and adapts to specific business needs, ensuring compliance across 115+ countries.

Ready to see how Arbonum can streamline your global payroll and boost your bottom line?

Check it out: https://www.arbonum.com/