Compliance is quite a task as companies need to keep constant track of forms such as W-8, W-9 and 1099. Automation relieves the team of continuous follow-ups.
Generates pre-filled forms and cover letters through existing data which can be accessed through secure portals by vendors (W-9) and immigrant employees (W-8).
Integrates information with vendor data, ERP, CRM and other software, creating a paperless process.
Allows for scaling in storage of forms, while providing easy access to them through the cloud.
Tracks collection with data or time stamps and flags a vendor for withholding forms, ensuring that the company is always compliant.