Pay All Your Global Talent as Easily as Your Andela Talent

Andela is launching Andela Pay Agent of Record (AOR) so clients can pay all talent as easily as they pay their Andela technologists in 100+ countries.

TL;DR

• ‍The Global Payment Maze: Global contractor payments are a maze of compliance risks, currency fluctuations, and administrative headaches that keep companies from scaling their international teams effectively. ‍
• Meet Andela Pay AOR: An agent of record model removes barriers to global hiring by handling contractor payments, compliance, and currency risk so companies can build their dream team anywhere. ‍
• Paying Global Talent is Easy. Here’s How: Intuitive time tracking, automated compliance checks, and stable USD payments across borders help clients work with any contractor they want in just a few clicks. ‍

Paying global talent, especially independent contractors, can be complicated but it doesn’t have to be. With Andela Pay AOR, it’s now just as easy as paying Andela technologists.  

Andela Pay AOR is a comprehensive payment solution that lets clients seamlessly work with independently sourced contractors around the world. As an agent of record, Andela contracts and pays talent on the client’s behalf, so they can focus on growth.  

Take The Weather Company: they wanted to minimize the number of countries where they had tax exposure due to their global spread of contract workers. Instead of wrestling with country-by-country regulations, they turned to Andela Pay AOR to facilitate talent payments and decrease legal risk.  

Getting Lost in the Global Payment Maze

As sophisticated companies become more intentional about talent strategy and building distributed teams, it’s easy to make a wrong turn. Here’s what these companies are realizing:

• A diversified talent strategy is the future. Companies need to be able to deploy payments to all countries where they have talent quickly and compliantly.
• Without a standardized way to pay global contractors, companies expose themselves to costly misclassification risks.
• Currency fluctuations make reliable payments nearly impossible.

Depending on urgency and resources, clients can choose different tools to map their path. If they have time to kill and money to burn, they can set up local entities. If they’re focused on supporting full-time employees, they can rely on an Employer of Record. For those who need agility, flexibility, and peace of mind, Andela Pay AOR can expertly guide them through the complexities.  

“We don’t have entities all around the world, and Andela has been able to provide us with amazing resources in country that help us bring our products to market much faster.” - Mark Schaefer, GitHub

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‍Introducing Andela Pay AOR

Andela Pay is already bundled into Andela’s suite of end-to-end hiring tools. Now unbundled for clients, Andela Pay AOR is already included in MSAs, so they can hire the right talent, no matter where they are in the world, with just a few clicks.

AOR stands for ‘Agent of Record.’ AORs do the heavy lifting for companies, regardless of if they’re hiring in-country or across borders. Andela Pay AOR acts as the intermediary between client and talent, mitigating compliance and local-establishment risk, and currency fluctuations.

No legal worries or infraction fines, no payment headaches—just the freedom to work with great talent anywhere in the world.

As laws and regulations across countries are in flux, clients need a reliable, expert-backed solution for risk-free contractor payments. A study conducted by Forrester to measure Andela’s total economic impact uncovered that companies avoid up to $640,000 in infraction risk costs by partnering with Andela. How? Andela takes on compliance responsibility and limits exposure from contractor misclassification.

Our solution simplifies global hiring by:

• ‍Compliant payments for 100+ countries: Eliminate geographical barriers and expand your talent pool.
• Legal and compliance management: Reduce administrative burden and mitigate legal risks.‍
• USD payment execution: Protect against currency fluctuations and provide financial predictability.
• Talent verification: Safeguard your business with comprehensive screening (KYC/IDV/OFAC/Sanctions).
• Time tracking and timesheet tools: Simplify payroll processes and improve payment accuracy.
• Roles and permissions controls: Ensure appropriate access and maintain data security.

How It Works

Existing clients can leverage Andela Pay AOR without wading through lengthy procurement cycles because the offering is covered in Andela’s MSA. Here's how it works:

1. Sign up and add your first talent: Complete a self-guided onboarding process and provide talent details to set up your AOR engagement.

2. Choose their rate and time-tracking method: Set talent’s compensation level and determine if they need to track time on an hourly, daily, or monthly basis.

3. Sign SOW and confirm: Receive an email with SOW to review and sign.

4. Review timesheets and pay: Talent tracks time and submits timesheets through the platform, while clients can easily review and approve submissions. Andela invoices the client monthly for talent payments in USD, and talent receives payments by the 10th of each month, also in USD.  

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See How Companies Like GitHub and The Weather Company Leverage Andela Pay AOR

Organizations across industries already use Andela Pay AOR to solve complex global talent challenges. Here are key scenarios where Andela Pay AOR delivers immediate value:

• Dolby executes acquisition with AOR: Post acquisition, Dolby realized it didn’t have systems in place to pay talent in certain countries. With Andela Pay AOR, Dolby seamlessly onboarded their acquired talent without missing a payment.  ‍
• TrueCar's fast international hiring fix: TrueCar found the perfect talent to execute a major project. However, TrueCar didn’t have a local entity set up in the talents’ country, leaving no way to compliantly pay their new talent. Andela Pay supported quick hiring and seamlessly paying without wasting resources on a local entity. ‍
• GitHub scales with contractor workforce: GitHub is supporting its explosive growth with a large contractor workforce so it can scale rapidly without increasing permanent headcount. GitHub leverages Andela Pay AOR to make 1099 compliance easy and facilitate contractor payments fast.

Building the Future of Global Talent Engagement

Andela is already helping clients by connecting brilliant technologists with life-changing opportunities. Now, we're working to connect top companies to top talent everywhere.  

At Andela, we're enabling organizations to focus on what matters most: building exceptional teams and delivering outstanding results. To stay ahead in a quickly evolving hiring market is to diversify your talent strategy and tap into global markets without the headache or paperwork.  

Looking forward, we’ll continue to build solutions to give clients the tools they need to work with talent all over the world.

Ready to transform your global talent operations? If you're already an Andela client, explore Andela Pay AOR today to see how we can simplify your global contractor payments.