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Tensor Labs

Tensor Labs, a software company building apps that power the future of internet finance, aimed to onboard talent from around the globe to stay competitive in the fast-paced Web3 industry. They faced challenges in tracking contractor work hours, managing expenses, and ensuring accurate payments across different countries.

Tensor Labs

Web3

New York

Service Used

Agent of Record (AOR), Contractor Management

Pain Points Before Niural

Time Tracking Issues

Without a reliable system, tracking contractor working hours was inconsistent, leading to disputes over invoices and payments.

Global Onboarding Challenges

Varying global regulations and documentation requirements made onboarding international talent increasingly slow and complicated.

Expense Management Difficulties

Tracking and reimbursing expenses lacked transparency and efficiency, causing delays and frustration among contractors.

Benefits After Niural

Efficient Timesheet Management

Niural's timesheet tool provided accurate tracking of contractor hours, increasing payment accuracy by 98%.

Streamlined Global Onboarding

Utilizing EOR and AOR services, Tensor accelerated the onboarding process for international contractors, enhancing their ability to attract global talent.

Improved Expense Tracking

Niural's expense management feature simplified the process, reducing administrative tasks by 40% and ensuring timely reimbursements.

Conclusion

By partnering with Niural, Tensor Labs efficiently managed its global contractor network, ensuring secure operations and fostering innovation in the competitive Web3 environment. The comprehensive solutions provided by Niural contributed to Tensor's compliant growth and success in the blockchain industry.

98

%

Increase in Payment Accuracy

40

%

Reduction in Administrative Tasks

75

%

Reduction in Contractor Management Effort

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