Papaya Global, the company reshaping workforce payments, today announced the launch of a dedicated platform for contingent teams in enterprises and managed service providers (MSP) to manage, pay, and scale their external workforce. Whether centralized or distributed, contingent workers - from freelancers and consultants to gig workers and independent contractors - are essential to modern business yet are often managed with outdated or fragmented systems.

Unveiled at the CWS Summit in London, Europe's leading event for contingent workforce strategy, Papaya's new platform - Contingent OS - is the first enterprise-grade solution built to unify the full external workforce lifecycle. It connects the dots between vendor management systems (VMS), payroll compliance, invoice verification, and instant global payments - enabling true end-to-end orchestration for contingent workforce programs at scale.

According to Gartner, 32% of organizations are replacing full-time employees with contingent workers to improve flexibility and reduce costs - a trend accelerating across industries. And with that growth comes heightened risk: a recent survey by the Aberdeen Group found that 41% of companies believe they face increasing risks related to managing contingent labor. As organizations adopt more flexible workforce strategies, they face growing challenges - from compliance risk and manual processes to limited visibility across HR, procurement, and finance. Legacy payroll and procurement tools fall short, exposing companies to misclassification penalties, financial inefficiencies, and operational blind spots.

Papaya's Contingent OS eliminates these gaps. It automates classification using AI-driven assessments backed by in-country legal experts, streamlines onboarding to accelerate worker activation by up to 70%, and enables real-time, self-service payments - with same-day delivery and multi-currency support. Embedded financial tools like pre-invoice funding, FX optimization, and digital wallets give enterprises full control over spend and working capital.

"Contingent work is no longer peripheral - it's foundational. But the systems managing it weren't built for scale, speed, or compliance," said Eynat Guez, CEO and co-founder of Papaya Global. "We're not just fixing workflows. We're building the financial infrastructure for the new world of work."

That impact is already being felt by early adopters.

"With Papaya Global's Contingent OS, we were able to onboard hundreds of contingent workers quickly and compliantly - from classification to contract and onboarding - all through a single, unified platform. This speed and efficiency were critical to meeting project deadlines without compromising on compliance," said Shachar Teper, Head of Procurement Business Services, Amdocs.

"Papaya Global's solution has lifted a great burden for our team," said Adelle Harrington, VP EMEA of KellyOCG, a global leader in workforce solutions. "It gives us real-time visibility, built-in compliance, and ensures our workers are paid accurately and on time, every time. This creates a positive experience for our internal teams and reinforces the high standards we uphold within KellyOCG."

"With this launch, Papaya brings its full fintech stack to the external workforce," added Amit Levi, Chief Product Officer, Papaya Global. "We're replacing friction with flow - giving enterprises a smarter, faster way to manage and pay the people who power their operations beyond payroll."