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Omnipresent taps Mangopay to power new global employment product

By Gloria Methri

June 12, 2024

  • Contractor Management Solution
  • Contractor Payments
  • Employer of Record

Mangopay, Omnipresent, global employment product, Contractor Management Solution, Payment Infrastructure, FinTech, B2B Payments, BNPL, Payment Infrastructure Provider, UK, EuropeOmnipresent, a provider of global employment solutions, has partnered with Mangopay to power its new Contractor Management Solution.

Mangopay is providing pay-in, e-wallet, payout and FX infrastructure for the new addition to the Omnipresent platform. This will streamline contractor management in over 200 countries by ensuring seamless multi-currency payments, compliance, and administrative efficiency for businesses.

Omnipresent’s Employer of Record service helps businesses effortlessly employ international teams in countries without an entity. Its new Contractor Management Solution is designed to solve the complexities of managing an international contractor workforce.

This new Contractor Management Solution helps global businesses send payments to contractors in regions where there is no company presence. Specifically, it helps customers ease the administrative burden of tracking contractor invoices and ensure timely payments.

Leveraging Mangopay’s FX capabilities, the Omnipresent Contractor Management Solution allows businesses to optimise multi-currency payments as part of its compliant end-to-end fund management flow.

Yoav Artzi, VP of Product, Omnipresent said, “As companies expand their international footprint, managing contractors efficiently becomes crucial. However, businesses often face challenges in ensuring timely payments, tracking invoices, and navigating complex compliance landscapes. Our solution, powered by Mangopay’s payments infrastructure, specifically addresses the complex risks of misclassification, ensuring companies can operate with confidence and focus on their core activities. We’re making international contractor management not just easier but also safer.”

Alex Taylor, Mangopay’s UK Head of Sales, said, “We are delighted to be playing a vital role in the launch of such an innovative and exciting new product from Omnipresent. The solution we are providing is a great example of how our modular and flexible infrastructure can support specific use cases for employment and HR platforms. This partnership highlights the power of our FX solution, as it enables Omnipresent customers to seamlessly manage international payments in a compliant and efficient manner, reducing operational costs and providing an improved experience for users.”

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