Using a Freelance Management System (FMS) like ours at YunoJuno, is a great way to give your business full oversight of your freelance resource. From controlling how you engage, hire and work with freelancers, using an FMS tool has built-in workflows to help streamline payments with the right tax withholding, keep on top of timesheets and manage existing freelance relationships. There are plenty of other benefits to using a freelance management system and if your business is looking for that competitive edge in a world embracing the benefits of contingent labour, a robust FMS is the key.
Benefits of using a freelance management system like YunoJuno
If you’re looking for a tool that can help take the burden off your HR and accounts team with things like IR35 and SDC tax compliance, we’ve got just the tool for you- our very own YunoJuno. Whilst we know there are a number of options on the market currently, the benefits are really varied. If you’re looking for a tool to do all the heavy lifting so your HR or accounts teams don’t face more work, understanding the added extras before you invest is important.
YunoJuno handles all IR35 and SDC tax compliance
We’ve pulled together some of the key details on our own Freelance Management Platform, so you know what good looks like:
All IR35 and Sole Trader tax compliance is fully managed
Our clever management tool will handle all of your IR35 and SDC tax compliance, so you as a company won’t have to worry about multiple relationships with third party compliance partners. This then minimises having multiple points of risk for compliance and takes the workload off your internal teams- a win-win.
Our assessment tool includes built-in workflows and approval checkpoints to make sure all areas are managed effectively and you’ve got audit trails throughout the process to keep you on the right side of HMRC.
Ensures your business is compliant
To ensure you’re working with the right freelancers, we complete freelancer classification checks with HMRC as well as Right-to-Work checks. Quarterly employment business data submissions are also sent to HMRC for full end-to-end transparency.
You can still ask freelancers for additional compliance checks like DBS and NDA’s, as well as include your terms and conditions when it comes to IP, confidentiality and data protection etc.
Using a management system like YunoJuno also means your freelance contracts are managed and stored within the system with a full audit trail, removing the need to manually store paperwork.
Manages all on and offboarding workflows
Our FMS works with your HR division to ensure a smooth and welcoming introduction to your business for freelancers. This includes sharing everything from key contacts, contract details, on-site information - everything to help your engagement get off to the right start, and help any ongoing relationships thrive.
When a contract finishes, both freelancers and hirers can rate the booking, leave detailed notes and references for the freelancer - all of which are stored on our platform which helps any future engagements.
Stop traditional costly recruitment cycles
YunoJuno helps to break the traditional costly recruitment cycles and helps businesses manage recruitment suppliers in one place. Our freelance management platform gives you the ability to do a full audit of suppliers on your behalf, considering things like spend, margins, terms, day rates and work dates. This keeps costs down and means PSL audits are done seamlessly- on one single platform.
Manages regular payment terms
At YunoJuno, we believe positive freelancer engagements means great business for everyone. For our clients, for you and for freelancers which is why we take care of everything from timesheets, payments and compliance. Since we founded our management tool in 2012, we’ve always paid freelancers in 14 days, independent of client invoices. We also pay all your recruiter fees, providing just one batched invoice from us.
To date, we’ve paid over £0.5 billion to freelancers.
Our management platform can process freelancer payments including:
- Sole Traders;
- Umbrella company freelancers;
- Freelancers operating as a Personal Services Company (PSC) (also known as Limited Company Freelancers);
- Outside of IR35 gross payments;
- Inside IR35 payments are taxed ‘at source’ with all appropriate tax deductions made and passed to HMRC.
Works with real-time data & insights
Our freelance management solution will help give you a new level of insights to help manage your company’s processes when looking to work with new people. Some of the key features at your fingertips on the YunoJuno FMS are:
- IR35 Status;
- Rates and market comparison;
- Internal audit reports;
- Resource usage reports;
- PSL planning and management;
- CSV downloads.
Access to a global network of premium freelance talent
We pride ourselves on having the largest active network of Professional Freelancers from around the world, giving your business instant access to industry vetted talent. We make it easy for you to engage with freelancers and book them for your next project.
Our community is regularly reviewed to ensure the highest quality, and when using the YunoJuno marketplace, you are supported by an experienced in-house talent team ready to help with any sourcing and engagement needs.
Let YunoJuno revolutionise how you source, manage and work with your freelance workforce, letting you reap all the benefits of engaging freelancers under the protection and efficiency of the world’s leading Freelance Management System.