<div>
  <ul>
    <li>
      <p>
        nextSource and Worksome have partnered to integrate Worksome's platform with nextSource's workforce management services, offering clients a unified solution for managing independent contractors with built-in compliance. The partnership aims to enhance visibility and talent redeployment and streamline hiring processes for freelance workers, addressing the growing freelance workforce with advanced tracking and risk management capabilities.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://techrseries.com/hrtechnology/nextsource-and-worksome-form-strategic-partnership-to-revolutionize-freelance-workforce-solutions/">
      TechR Series
    </a>
  </p>
</div>


Online Freelancing Platforms

PROMINENT_CATEGORY

<div>
 <p>nextSource and Worksome are partnering to combine Worksome's platform with nextSource's workforce management services. This collaboration will provide clients with a comprehensive solution for managing independent contractors, featuring built-in compliance. The partnership seeks to improve visibility and talent redeployment, as well as to simplify hiring processes for freelance workers. It addresses the expanding freelance workforce with sophisticated tracking and risk management resources.</p>
 
</div>

nextSource and Worksome partner to enhance freelance workforce management

<div>
 <p>Fiverr has broadened its finance category by introducing nearly twenty-four specialized services. The enhanced finance section will now encompass six categories: Accounting, tax consulting, corporate finance, financial planning and analysis, fundraising, and personal finance and wealth management services. It will also offer specialized subcategories that include options like fractional CFOs, fundraising consultation, and financial modeling.</p>
 </div>

Fiverr expands finance category with new specialty services

ANALYST_QUICK_TAKE

<div>
 <p>ZymoChem, a renewable chemicals producer, has received USD 1.57 million from the US Department of Defense's (DoD) Distributed Bioindustrial Manufacturing Program (DBIMP). The firm was among 30 nationwide selected for the program.</p>
 <p>The grant will facilitate the planning of a bioproduction facility to create bio-based monomers. These monomers will then be used in making military fabrics, tactical gear, parachute systems, aerospace materials, and other high-performance materials, thus decreasing dependence on foreign supply chains.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The company raised USD 21 million via a Series A round in <a href="https:<br>
//sp-edge.com/updates/25589"> January 2024 </a> to support its commercial launch. If it successfully fulfills its current DoD commitment, Zymochem may also be eligible for a follow-on, five-year contract with the DoD worth upward of USD 100 million.</p>

ZymoChem secures USD 1.57 million in funding from US DoD to establish bioproduction facility for military and high-performance material

<div>
 <p>Instawork, an online staffing platform, has acquired AbleJobs, a company that provides job placement and training services in India. This acquisition is aimed at expanding Instawork's presence in India and improving its platform capabilities. AbleJobs, established in 2019, has trained up to 3 million users and helped nearly 35,000 individuals secure jobs across 2,500 companies. Post-acquisition, AbleJobs' co-founders, Siddharth Srivastava and Ravish Agrawal, will join Instawork, with roles in the product team and as an advisor, respectively.</p>
</div>

Instawork acquires AbleJobs for undisclosed sum to expand in India

<div>
 <p>Beeline, a provider of workforce management solutions, has teamed up with Upwork to integrate Upwork's talent pool into its vendor management system (VMS). This collaboration offers access to a vast array of over 10,000 professionals across more than 125 categories, streamlining sourcing, hiring, onboarding, and payment processes. The integration not only boosts compliance, efficiency, and spending visibility but also lowers hiring time and costs, mitigates exceptions, and consolidates hiring procedures. This partnership signifies a strategic shift in the realm of workforce management.</p>
</div>

Beeline partners with Upwork to enhance workforce management and talent sourcing

<div>
 <p>Passionfruit, a startup that connects freelance professionals with companies, has successfully raised USD 9 million in a Series A funding round. The round was led by Seaya, and saw participation from Firstminute Capital, Playfair Capital, Cornerstone, and Portfolio Ventures. The company plans to use these funds for product expansion as well as boosting its presence in North America.</p>
</div>

Passionfruit raises USD 9 million for product development and market expansion

<div>
 <p>Taxfyle, an accounting service with technology at its core, recently incorporated Gen AI into its operations, resulting in a 40% drop in the price of basic 1040 tax preparation. The AI technology enables efficient document collection and inspection, boasting the ability to minimize job scoping time from weeks to mere minutes and lessen inaccuracies. This automation is predicted to assist in combating the lack of professionals in the industry occasioned by the retirement of many accountants and a lower influx of fresh graduates into the field.&nbsp;</p>
 
</div>

Taxfyle introduces GenAI suite to support accounting industry

<div>
 <p>A.Team has introduced "Team Formation AI," a new AI platform designed to simplify the formation of specialized tech teams. The platform optimizes team building based on specific company needs and role requirements. It offers features such as candidate recommendations, comprehensive evaluation of candidates beyond the information on their resumes, and the opportunity for hiring managers to conduct detailed AI-assisted interviews before making the final selection.</p>
</div>

A.Team launches Team Formation AI for efficient tech talent acquisition

<div>
 <p>Freelance.ca, a Canadian-based platform for connecting businesses with talented freelancers, has recently purchased Workhoppers, a well-known freelancer platform. Following this acquisition, Freelance.ca intends to leverage the strong points of Workhoppers to offer more projects and a larger freelancer pool for businesses in Canada.&nbsp;</p>
</div>

Freelance.ca acquires Workhoppers to enhance freelancer services

<div>
 <p>Toptal has initiated a new platform named Toptal Marketing. It is meant to be a part of their digital services suite, providing marketing talent and services to businesses as needed. This product, which merges with the freelancer marketing platform Growth Collective, will enhance the company's capabilities. Its key features include immediate access to top freelance marketers and offering comprehensive marketing services, ranging from digital marketing to social media strategy.</p>
</div>

All Updates

nextSource and Worksome partner to enhance freelance workforce management

Fiverr expands finance category with new specialty services

ZymoChem secures USD 1.57 million in funding from US DoD to establish bioproduction facility for military and high-performance material

Instawork acquires AbleJobs for undisclosed sum to expand in India

Beeline partners with Upwork to enhance workforce management and talent sourcing

Passionfruit raises USD 9 million for product development and market expansion

Taxfyle introduces GenAI suite to support accounting industry

A.Team launches Team Formation AI for efficient tech talent acquisition

Freelance.ca acquires Workhoppers to enhance freelancer services

Toptal launches Toptal Marketing and acquires Growth Collective

Online Freelancing Platforms

nextSource and Worksome partner to enhance freelance workforce management

Contact us