Contractor Management



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How to Pay International Contractors in 2025

Hiring globally unlocks specialized skills and agility—but when it’s time to pay international contractors, cross-border rails, FX, tax rules, and misclassification risks kick in. This guide shows you how to pay correctly, on time, and compliantly—and where Transformify (TFY) simplifies everything.   What is an International Contractor? A self-employed individual or entity in one country delivering services to a client in another, typically via fixed-term&

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What Is an Employer of Record (EOR) Contract & How Does It Work?

As businesses embrace a more borderless world of work, hiring international talent is no longer a distant goal—it’s a competitive necessity. But while expanding globally opens exciting opportunities, it also comes with legal, HR, and tax complexities that can stall progress. Enter the Employer of Record (EOR) model—a powerful solution that allows companies to legally hire across borders without setting up a local entity or wading through compliance minefields. In th

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Paying Global Contractors: How to Avoid Costly FX Local Currency Payouts

In today's world, the best talent can be anywhere. Businesses are embracing remote, distributed teams, which means finding smarter, faster ways to pay international contractors. But for many finance teams, it's still a headache: unexpected currency conversion losses, frustrating payment delays, and transaction fees that feel like they're eating into your budget. If you're building a global workforce, making sure your contractors are paid in their local currency, on time, and wit