An Agent of Record (AOR) is a service provider that manages the hiring and payment process of independent contractor workforce on behalf of its clients.
AOR services typically include setting up the independent contractor agreement, managing payments and other administrative tasks, while the client company retains control over the independent contractor duties.
Using an AOR offers several benefits, including access to global talent, accelerated global expansion, minimized compliance risk, and reduced administrative burden. It enables companies to quickly expand into new markets and tap into a broader talent pool without the need to worry about administrative and payment processes.
Partnering with an AOR provider streamlines global employment processes, allowing clients to focus on their core business while the AOR handles the administrative burdens such as processing invoices and paying independent contractors on time.