Client case study:
Better4Media
Whether it's search engine optimization, search engine advertising or social media – online marketing is the passion of Better4Media.
Stats
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Freelancers:
49
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Country:
Bulgaria
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Region:
Global
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Client since:
2020
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Most used feature:
Payment automation
"As soon as I started working with TalentDesk I made a cost comparison table of what we had then, and what we have now. It was obvious immediately that TalentDesk was the option for us."
Stats
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200+
clients
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99%
less payment time
Questions & Answers
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In your own words, can you describe the nature of your business?
Better4Media is a Bulgarian based company but we have a lot of freelancers worldwide. We specialize in affiliate marketing and work with different clients internationally to provide SEO solutions to increase their traffic, their clients and their revenue etc.
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What is your role in the company? Tell us a little about your key responsibilities.
I’m the CEO and my work focuses on the financial side. I work with accountancy, payments, invoicing, figuring out how to save money and finding new solutions. That’s why I came to TalentDesk.
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How many freelancers do you use and where are they located?
We have 49 freelancers which we pay through TalentDesk - and this is the biggest help I could find.
Before, we paid each one manually. Every freelancer was paid with a wire transfer from our bank. Paying freelancers one by one was time consuming because every payment was taking at least 5 minutes. That meant paying 40 people, two times per month, was taking 1-2 hours.
Since our freelancers are mostly located in the Philippines, some would be using Revolut and some would use Indian or Philippine banks. This was very costly. We paid roughly €10 per wire, meaning that paying 40 people would cost us €400. Because we were making payments twice a month, we were paying €800 per month on bank fees alone. We had one year where in total we paid €10,000 in fees.
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What specific problems were you looking to solve when you decided to look for a management system for your contractors?
I decided to find a company to help with all the above. We want to reduce time and cost when onboarding and paying our team.
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What would you say was the biggest pain-point or challenge you were facing?
Paying people globally and on time. This is the main thing TalentDesk helps us with.
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What systems or processes were you using to manage, pay and organize your external talent before you switched to a Freelancer Management System?
We mostly paid our freelancers through the bank or through PayPal. We worked with 2 or 3 separate Google sheets manually, and this was madness for our accountancy team.
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What is the biggest benefit that you have seen since using TalentDesk.io?
Time saving and cost saving. TalentDesk also helps with productivity because I have more time for more important things.
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How would you approximately quantify the benefits from our platform?
Our payment time has reduced 90% - even 99% because it’s 1 payment versus 100 payments. We also save costs with international payments. Maybe 3-4 hours in a month is saved since we no longer have to pay manually.
As soon as I started working with TalentDesk I made a cost comparison table of what we had then, and what we have now with TalentDesk. It was obvious immediately that TalentDesk was the option for us.
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How would you describe TalentDesk in 3 words?
Fast, efficient and reliable.