How Project44 saves around $500,000 a year since switching to Deel and gets added peace of mind with Shield coverage
The leading company solving real supply chain problems
Project44 is a software company on a mission to make supply chains work better. Headquartered in Chicago with a global workforce spanning 25 countries, Project44 takes a global approach to multimodal connectivity to enable supply chain and logistic professionals to track inventory throughout its entire journey. Simply put, they allow businesses to see their supply’s location, ensure products and shipments stay on track, and confirm nothing gets lost or delayed. And if something does get lost or delayed, the team can handle it proactively.
Thanks to Project44, companies can forecast better and increase efficiency while reducing their environmental footprint. The company stays locked on its vision to increase predictability, efficiency, agility, and resilience of global supply chains to improve lives and create a more sustainable planet.
Partnering with the right EOR to help them achieve their expansion goals
Project44 had used a few other EORs before Deel, and they didn’t provide them with a good experience. “It wasn’t efficient; everything seemed to live in email,” Said Chloe Riesenberg - People Specialist at Project44.
Once Project44 began its expansion push, the team concluded there was a need for an EOR that better fit their needs. Riesenberg says, “We considered a lot of options, but we chose Deel primarily because of the usage of the platform, and secondly because we could tell it was in hyper-growth mode, so it just seemed like a perfect fit that would be able to help us achieve our expansion goals.”
Using Deel Shield for extra peace of mind against misclassification
Project44 had a small workforce of independent contractors before partnering with Deel. Team members opted to classify themselves as contractors due to available tax breaks in their countries of residence, particularly Brazil.
Their team of contractors used to send invoices directly to the Accounts Payable team at Project44, which all had to get processed manually. It quickly added up, and the team hit a point of chaos that made it impossible to pay their contractors on time. Once they realized this system was no longer scalable, they found themselves looking for one system of record to deliver and streamline everything.
Deel and Deel Shield stood out immediately to Project44. Since they weren’t familiar with all the laws and regulations for each country contractors worked in, they saw Deel Shield as an added plus to guarantee a more secure experience.
Riesenberg says, “Deel Shield gave us peace of mind when hiring people as contractors in any part of the world. I don’t have to worry anymore about compliance. It feels much safer.”
With Deel Shield, Project44 has been able to create a much smoother process and give team members a better overall experience with one platform for everyone. All invoices get created automatically and paid at once, leaving less room for errors and delays.
“Our teams really like Deel. It has made it a lot easier on both sides. Now we can have reports of exactly what we’ve been paying our contractors on Deel Shield, and they get to see the history of their payments in one place instead of having to dig through email. It also simplifies payments for the Accounts Payable teams, as they can make all the payments all at once to both Employees hired through EOR and contractors hired with Shield."
Chloe Riesenberg - People Specialist at Project44.
Project44’s savings speak for themselves
Project44 has hired 129 people in 25 different countries using Deel. Compared to what they paid other EORs in the past, with the number of team members they now have, they’re seeing a savings of over $500,000 each year with Deel.
Riesenberg says, “We use Deel as the go-to place to figure everything out. From hiring team members efficiently around the world to providing them with a portal where they can go for any question they have. We have a dedicated Customer Success Manager whose support has always been incredible. We love Deel.”
Deel features they Love
Being able to handle paid time off, expenses, invoices, contracts, and payments automatically is the biggest perk for them. In the past, they used to manage it all via email and through different platforms.
They’ve integrated Deel with two software, Greenhouse, to ensure name spellings are correct and Expensify, to track team expenses from one place.