Contract workers are an awesome resource to have. They're great for filling skill-set gaps on your team and assisting with part-time or flexible workloads at your business. Using contract workers also gives you access to global talent.
Although they offer tremendous flexibility without the high cost of hiring in-house, you're still required to keep track of your external workforce. Part of this responsibility involves requesting a W-9 form from each contractor so that you can issue 1099s at the end of the fiscal year.
This task can be cumbersome to oversee, especially if you're working with several contractors/vendors at once. This is especially true if your business model requires that you work with new contractors every month. W-9 collection can become a full-time job!
If you know that you need to cut down on the time you spend on administrative work related to contract workers, but have no clue where to begin, you've come to the right place.
Avoid W-9 woes and automate with Zapier
The Founder & CEO of Satterley Training & Consulting, Heather Satterley, is a lover of all things Zapier. If there's a process in our firm that can be automated, you can bet she's built a Zap for it. So when she realized the process for collecting W-9s from vendors could be automated, she turned to Zapier to create our W-9 Collection Zap. This Zap automatically emails a blank W-9 form to all of our service vendors when they are added to our QuickBooks Online company. No more chasing vendors when it's time to prepare our 1099s. It's a truly amazing time-saver that you can easily implement in your own business.
Learn how to set up our ultra time-saving W-9 Collection Zap for yourself in this Zapier blog post.
This piece was originally published on Zapier and has been reprinted with permission.