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Borderless - Coggle Diagram
Borderless
EOR - Value Props
Cash Management
Payroll Time: With Borderless EOR, we only pull funds 2-3 day in advance. Competitors can hold your funds up to 40 days.
Benefits
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Initial Salary Deposit + Short Payroll Time means that your money is not held up without being used. Also no need to maintain a float.
This could mean million of dollars as you scale. Note: This statement would change depend on where the company is at.
No Salary Deposit for EOR - Most payroll providers will keep 1-2 months of salary for a new hire as a security deposit. We have built a system, have insurance in place to make sure we don't do that. So we can PASS THE SAVING TO YOU and you can hold on to your money for much longer.
Automatic ACH Pull: Automatic pulls money directly from your bank account when payment are approved. No need to fund a separate account in advance.
Compliance
Labor law - Locally vetted contracts: Our in-house legal makes sure are out contracts are always compliant for both the country and the region.
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Flex Contracts: Our legal team will work with you to accomodate any change in contracts that you want to make while making sure everything stay compliant.
Benefits
Fully compliant, we're holding everyone accountable which means that your business operations will never get affected
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Customer Service
Industry leading Response time (Within 2 hours) so business operation are not stuck for days or weeks
Dedicated Customer success manager + access to Sales, support team. Shows how dedicated we are
Employees have mobile/platform chat support
to reach out to us instead of the business in case issues arise. Saves the business time and hassle.
Instant Offer letter for Employees - Competition can take over a week. Makes sure hires don't pull out their application because of uncertainty.
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Value Props - By Lead
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COO/HR Lead
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Direct to Borderless CS: If they have an issue, they don't have to come to HR team. Save them time and Hassle
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CFO
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Compliance: Because CFO's want to avoid risk, high legal cost and cost of not doing business in case they are under scrutiny from the government.
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Common Value Props
Tech and Platform
Dedicated Portal for Business, Employees and Contractors
Mobile app: See payment history, notification for invoice submission and approval, customer support, bank deposit notifications.
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See existing team members, new hires and invoices in one place.
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