Mar 01, 2019
Why it’s not Freelancer, but Freelance Platform to Think About 
Vulpith Blog AdminAdmin
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We discussed the freelancing challenges and solutions extensively in the previous series of articles. 

We know that freelancers are your best competitive advantage in a tight talent market from our experience in the freelancing business. The problem often lies with the freelancing platform that you choose and also, how you manage freelancers efficiently.

In this article, we will explore what freelance platforms are, and what are the various factors that you need to take into account when choosing the right freelancing platform for your business. 

What are freelance platforms? 
Freelance platforms are a talent marketplace, hiring platform, virtual collaboration, and communication workspace, and a timesheet for payroll, all rolled into one. 

It’s an online meeting place where you can find qualified and skilled freelancers around the world who are seeking work and payment.  

Why are freelance platforms becoming popular?
The traditional notion of 9-to-5 office work is increasingly getting incompatible in our highly interconnected globalized economy. 

On the other hand, freelance platforms are becoming the smarter way of doing business with the growth of its sophisticated hybrid cloud-based system.  

What is the scope of freelance platforms?
The scope of freelancing platforms is bright. 

Nearly 80% of the entire workforce will comprise of freelancers by 2030 worldwide. 

Freelancing will increasingly be the primary employment option instead of being small gigs or side jobs as seen now. 

Importance of freelance platforms  
Online freelance platforms are essential for both business clients and individual freelancers. 

There is a 30% demand-increase in the number of work projects via online freelancing platforms. 

It’s not only small start-ups who are using online freelance platforms but also big corporations in the Fortune 500 list who are working with freelancers. 

You can search a directory of freelancers anywhere around the world based on skills, experience, and domain expertise. 

Online freelance platforms allow your business to focus on core activities and outsource the non-core labour and time-intensive activities to temporary freelancer workers on freelance platforms. 

Freelance platforms are changing the way companies do business. Much like Airbnb, Amazon and Oyo Hotels have changed the way we travel, shop and vacation respectively.  

Why the choice of your freelance platform matters?
Many freelance platforms are offering various service options for your business. But, not every freelance platform is the right fit for your business. 

Often, companies have a terrible experience working with freelancers, and the problem lies with the choice of the freelance platform. 

A lot of research, comparison analysis, and thought need to be applied before zeroing in on the perfect freelance platform match for your company. 

There are various factors which you need to consider before choosing the freelance platform which is right for your business. Some of these factors include:

  • How the freelance platform screens and selects the freelancers?
  • How does the freelance platform work in the best interests of the client and freelancers?
  • How the freelance platform resolves any freelancer challenges faced by the client 
  • How does the freelance platform track the work of the freelancers? 
  • What are the various product features and service offerings of the freelance platform? 
  • What are the hidden costs of the freelance platform? 
  • Which freelance platform helps your business cut costs and gives improved work quality? 
  • What are the terms and conditions of the freelance platforms? 
  • What are the payment options of the freelance platforms?
Stay tuned for the next series of blogs where we will discuss each of these factors in detail to help you make the right choice of freelance platform for your business. 

For information on how to leverage Vulpith’s hybrid cloud-based platform for your business’s success, down our free eBook: Why The Cloud Is The Right Solution For Your Freelance Talent Challenges 

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Category : The Way We Work

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