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Transformify Review (2024): Pricing, Pros & Cons

Global workforce management system that simplifies contractor management and automates onboarding, compliance, billing, and payments for independent contractors, freelancers, and employees.

Ease of Use
Value For Money
Customer Support

What is Transformify?

Transformify is a workforce management system that assists businesses in automating tasks such as onboarding, billing, and payments, ensuring compliance with tax regulations, and facilitating cross-border transactions. The platform offers same-day payments to contractors, freelancers, employees, and vendors.

Its Applicant Tracking System (ATS) helps businesses in sourcing and hiring top talent, while the Freelancer Management System (FMS) enables efficient management of the freelance workforce. Additionally, Transformify’s Employer of Record (EOR) services enable compliant hiring and management of global workers.

The software is user-friendly and can be customized to meet the specific needs of businesses.

Transformify Company Details

Transformify, established in 2015 and headquartered in London, England, is led by CEO Lilia Stoyanov, FCCA. With a team of 11-50 employees, Transformify specializes in providing innovative workforce management solutions. Their platform facilitates streamlined processes for onboarding, billing, and payments for contractors, freelancers, and employees, contributing to enhanced efficiency and productivity for businesses globally.

Company Name: Transformify

CEO Name: Lilia Stoyanov

Est Year: 2015

Employees: 11-50

HQ Location: London, England, United Kingdom

Lilia Stoyanov, FCCA

Transformify Demo & Media

Transformify Top Features

Applicant Tracking System (ATS)

Transformify accelerates candidate sourcing and hiring through automation.

Freelancer Management System

Facilitates the management of freelancers from a diverse global talent pool.

Employer of Record

With Transformify, businesses can hire professionals worldwide through its Employer of Record (EoR) services.

Vendor Management System

Enables the management of service providers, temporary workers, and contingent employees.

Employer Branding

Transformify helps reach passive candidates and top talent by enhancing employer branding efforts.

Global Payroll On-demand

Transformify allows for hiring, managing, and paying international contractors and freelancers all within one platform.

Diversity Recruitment & CSR Programs

Provides access to a diverse talent pool and supports various CSR programs and diversity recruitment initiatives through collaborative PR and marketing campaigns with NGOs and partners.

People Data and Analytics

Offers People Data and Analytics as a feature, providing valuable insights into workforce metrics and trends.

Freelance Management System

Enables efficient management of freelance workers.

Applicant Testing

This feature allows comprehensive evaluation of applicants' skills and qualifications.

Pros of Transformify

  • User-friendly interface, which allows for quick and effortless access to a diverse pool of candidates from around the globe
  • Wide availability of jobs globally – along with an extensive array of software development positions to choose from
  • Regular updates job openings, showing responsiveness, consideration, and helpfulness to clients
  • Favored platform for connecting with reputable employers
  • One-click applications with a comprehensive profile and includes appreciated social features
  • Cons of Transformify

  • Significantly reduces hiring costs and time, which could affect global CSR programs and workforce diversity
  • Matching results may be misleading, as they don’t always align with what applicants are seeking
  • Can be slow when multiple apps are open, although it may not be as fast as other software
  • Transformify Pricing

    Transformify is your all-in-one solution for managing and paying contractors, freelancers, employees, and vendors. It includes HRMS, Freelancer Management System (FMS), Vendor Management System (VMS), Applicant Tracking System (ATS), and Employer of Record (EOR) functionalities. Check out the pricing plans here.
    FMS (Freelancer Management System)
    Yearly Billing: N/A
  • E-document signing
  • Self-billing
  • Invoice and payment automation
  • Team onboarding
  • Custom integrations with HR, payroll, accounting, time tracking, project management software, etc.
  • Talent Pool Management
  • Numerous payment methods
  • VMS (Vendor Management System)
    Yearly Billing: N/A
  • API integration supporting thousands of payments
  • CSV file upload
  • Payouts to 184 countries
  • Numerous payment methods:
  • Self-billing and billing automation
  • E-signature
  • Onboarding automation
  • HRMS (Human Resources Management System)
    Yearly Billing: N/A
  • Onboarding
  • Off-boarding
  • document collection
  • Attendance
  • Performance assessments
  • Scorecards
  • E-signature
  • ATS (Applicant Tracking System)
    £50/Posted Job and £280/Month
    Yearly Billing: N/A
  • Unlimited candidates
  • Unlimited job posts (monthly plan)
  • Syndication with 200+ free and premium job boards
  • Fully GDPR compliant
  • Passive candidate outreach
  • Integrations with ERP, HR, payroll, etc. systems
  • Gmail/Outlook integrations
  • EOR (Employer of Record)
    Yearly Billing: N/A
  • Onboarding and off-boarding
  • Localized document templates
  • Tax filings and reports
  • Pay slips
  • Benefits and deductions
  • Time off and attendance
  • NDAs and IP protection
  • Transformify Price Comparison

    Compare price of Transformify With some of the top competitors.
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    User Reviews

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    What Kind of Support Transformify Offers?

    Transformify offers a range of support options including email, live chat, and phone support to assist users promptly. Additionally, users can access tutorials for visual guidance and seek help through a dedicated forum and ticketing system. With these support channels, Transformify ensures users receive timely assistance to address any issues or queries they may have
    Email Support
    Live Chat
    Forum & Ticket
    Tutorial Videos & Documentation
    Phone Support

    Transformify FAQs

    Yes, Transformify (TFY) offers local payments in local currency through Payoneer and Revolut. This service is accessible globally, with the exception of sanctioned countries.
    Transformify (TFY) provides support for two open APIs and integrates smoothly with ERP, accounting and finance software, project management tools, and more.
    Yes, Transformify offers customer support through email, a dedicated account manager, video tutorials, online resources, and more.
    Transformify is often used alongside Oracle, SAP Fieldglass, Xero, QuickBooks, Paymo, Calendly, Jira, Asana, Slack, and others.
    Transformify is for mid-sized companies and enterprises seeking streamlined automation for workforce management, onboarding, billing, payments, talent acquisition, and hiring.

    Platforms Supported

    Review Method

    At BeginDot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation. 

    Affiliate Disclosure: BeginDot is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

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