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Our Unique System, MyBizOffice®

MBO Partners has designed its unique, proprietary system, MyBizOffice®, to enable your contractors to enter time, submit expenses, and review their account status anytime and from anywhere. The secure online system has been in use since 2000, and gives your contractors online enrollment and benefits selection; the ability to modify tax, retirement, and benefits designations at any time; and the ability to view real-time status of accounts and payments.

The MyBizOffice® system is great for your business, too. Use the system to approve time and expense submissions and view customizable reports concerning contractor transactions.

Enrollment

Your contractors enroll through an online enrollment module that's tailored to your specific needs. We even set up a customized online area that describes the MBO Partners solution and helps your contractors through enrollment. This promotes fast on-boarding and minimizes time lost using tedious paper-based methods.

Benefits Management

As part of the enrollment process, contractors have access to a premium benefits program. The MyBizOffice enrollment system leads new contractors through all appropriate forms, benefits summaries, rates, and instructions. (Individuals who work as independent "1099" contractors sub-contracting to MBO Partners may not participate in these benefits.)

Time and Expense Entry & Approval

Your contractors can enter their time, tasks, milestones, commissions, and expenses using the MyBizOffice® system, or we can build a solution that uses time entries submitted through systems you already use.

Upon receiving the timesheet and expense information from Associates, review and approve it quickly using the MyBizOffice® system or by automated email approvals. Errors or suspected errors must be resolved between the Associate and client prior to payment.

Account Review

MBO Partners establishes an online account within MyBizOffice® for all contractors we serve. Through it, they may review all financial transactions, both incoming and outgoing, and see the status of their accounts and transactions in real-time.

Payment Processing

Once you approve time and expense information, the MyBizOffice® system withholds appropriate taxes, benefits costs, and retirement contributions and provides net payment through direct-deposit. Payment for W-2 employees includes any pre-tax reimbursable expenses as well as wages.

Reporting

The MyBizOffice® system's reporting functions are completely customizable to your needs. With 24x7 access to all your contractors' transactional and demographic information, you ensure fast, accurate billing and total visibility into your contractor-related spend.

 

 

1099 Risk Blog

Download MBO White Paper

Maximizing Talent, Minimizing Risk: Approaches for Compliant Independent Contractor Engagement

Conventional Contingent Workforce Management (CWM) approaches are weak when it comes to independent contractors. But recent innovations are being integrated into VMS/MSP programs with powerful results. This whitepaper shows how to focus on the root cause of independent contractor challenges, rather than symptoms, and reap significant risk mitigation. 

Download the PDF

Talk With Our Experts

Call 1-800-220-0469, or complete this form. Our experts will be in touch promptly.
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Visit Our Blogs

Check out our Consulting Blog -- a deep dive into the world of small business as an independent contractor or freelancer -- or learn about the contingent workforce by reading our 1099 Risk Blog. Visit the Blogs home page >