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HomeinterviewsGraphite Launches Private Talent Cloud Solution for Independent Workforce

Graphite Launches Private Talent Cloud Solution for Independent Workforce

Graphite Solutions, Inc., a prominent independent talent marketplace, has announced the launch of its innovative Private Talent Cloud Solution. This new offering is designed to help companies centralize and streamline all aspects of managing a global independent workforce.

Challenges in the Current Landscape:
Vikram Ashok, Founder and CEO of Graphite, highlighted the challenges faced by companies today: “With increased labor costs and operational expenses, driving strong results with fewer resources is becoming increasingly difficult. The pandemic has accelerated the shift toward a distributed workforce, as many individuals opt for remote work arrangements. However, existing solutions to manage remote talent have lagged behind, placing additional burdens on HR, finance, and procurement teams, thereby increasing onboarding and management costs for contractors.”

Meeting Market Demand:
With predictions indicating that over 50% of the workforce will be freelance by 2027, companies are urgently seeking ways to simplify and automate their management of independent talent. Graphite’s all-in-one technology solution enables companies to manage their independent talent in a cost-effective and efficient manner at scale.

Key Features of the Private Talent Cloud Solution:
“Organizations can now do more than just access our network of over 10,000 independent consultants,” explained Vikram Ashok. “They can also onboard their own contractors onto our platform, enabling them to digitize, manage, and pay their entire contractor workforce through a single solution.”

Adoption and Impact:
Many of Graphite’s corporate and professional services clients have already adopted the new all-in-one solution to enhance their contractor management processes. By centralizing crucial tasks such as worker classification compliance, onboarding, time tracking, invoicing, and payments within one platform, these companies have saved hundreds of hours in accounting time while ensuring that the right work is allocated to the right talent.