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Top 13 Contractor Payment Software Companies (August 2026)

As of August 2026, Latka tracks 13 contractor payment software companies. They have combined revenues of $93.3M and employ 470 people. They have raised $46.8M and serve 300 customers combined.

Every company below sells contractor payment software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Contractor Payment Software Companies do

Contractor payment software is designed to facilitate the management of payments and invoicing for contractors and freelancers. This category of software streamlines processes such as contract generation, payment tracking, and invoicing, helping organizations minimize errors and save time on administrative tasks. The primary use cases include managing payment schedules, automating invoicing workflows, and ensuring compliance with tax regulations pertinent to contractor payments. Typical features of contractor payment software include automated invoice generation, payment reminders, integration with accounting systems, and customizable reporting tools. These platforms are commonly utilized by finance teams, HR departments, and project managers who seek to optimize their payment processes. By simplifying the payment workflow, contractor payment software enhances cash flow management and supports timely payments for services rendered.

Companies
13
Revenue
$93.3M
Funding
$46.8M
Employees
470

Filters

Sorting: Highest -> Lowest

Filters

Top Contractor Payment Software Companies by revenue

Showing 10 of 13 companies ranked by annual revenue.

1Wingspan logo
Wingspan

New York, New York, United States

Wingspan is the first payroll platform purpose-built for contingent work, automating onboarding, payments, 1099s, and contractor benefits.

Revenue
$46M
Year founded
2019
Team size
120
2Sonovate logo
Sonovate

London, England, United Kingdom

Operator of a recruitment agency intended to offer contract recruitment business. The company's recruitment services offers funding and a cloud-based technology as well as invoice finance wrapped in bespoke technology, enabling businesses to manage their contractor payment cycle.

Revenue
$24.2M
Year founded
2012
Funding
$27.5M
Team size
158
3My Digital Accounts logo
My Digital Accounts

Cheadle Hulme, England, United Kingdom

My Digital Accounts is automated, cloud based accounting and contractor payroll software engineered to keep things simple, grow your business and build a great relationship with your finances! We seamlessly integrate into your current technology stack to help remove operational inefficiencies. Our unique software was designed by accountants with decades of experience to tackle the hours spent managing, maintaining and updating traditional accounting methods. By switching to My Digital Accounts, you'll have the freedom to cut out inefficiency, potential data loss and business disruption by streamlining your processes and reinvesting those lost hours to growth and profitability. Utilising intuitive accounting features such as automatic account migration, payroll scheduling and our My Digital Accounts mobile applications available on both Android and iOS, you can access your accounts anywhere in the world, any time you want - no stress, no disruption, no brainer! Some of our key feat

Revenue
$11M
Year founded
2015
Team size
75
4LÜK logo
LÜK

Los Angeles, California, United States

LÜK offers a modern solution for the production industry to manage both people and payments. With LÜK, producers can: - Set up and manage their complex production teams in one place, saving them up to 75% of their time. - Pay 1099 contractors compliantly through the industry's first freelancer payroll product (at a fraction of the cost of traditional payroll providers).

Revenue
$3M
Year founded
2016
Team size
27
5Archie logo
Archie

New York, New York, United States

Archie is a SaaS platform that allows businesses to seamlessly onboard, manage, and pay creative freelancers on flexible terms.

Revenue
$2.8M
Year founded
2020
Funding
$8.5M
Team size
14
6Revuud logo
Revuud

Charlotte, North Carolina, United States

Revuud is your go-to healthcare IT contractor management platform enabling you to find, hire, manage, onboard, and pay your contractors in a single place. The Revuud name was created with the goal in mind to bring “reviewed” or pre-vetted talent direct to Healthcare Systems. Highly experienced and qualified resources should have a place they can be found at rates that make sense for both the healthcare systems and the contractor.

Revenue
$1.9M
Year founded
2020
Team size
17
7Gigable logo
Gigable

Dublin, Ireland

Easily find local, reliable self-employed workers available to work shifts for your business. Manage, pay and administer all your contractors with ease in one platform.

Revenue
$1.8M
Year founded
2018
Team size
16
8abillio logo
abillio

United States

Company-as-a-service for independant professionals and solopreneurs that takes care of tiresome formalities, such as company registration, invoicing, accounting and taxation. We help businesses hire independent contractors and distribute payments while staying compliant. We help online marketplaces by taking over freelancer payments and income reporting according to DAC7 directive.

Revenue
$880K
Year founded
2021
Team size
8
9Gig Wage logo
Gig Wage

Dallas, Texas, United States

Help businesses pay independent contractors. Gig Wage is a fintech payroll company for gig workers and contractors.

Revenue
$720K
Customers
300
Year founded
2014
Funding
$10.8M
Team size
27
10Miday LLC. logo
Miday LLC.

United States

☀️ Automated invoicing and time tracking in a breeze. Miday is the user-friendly time tracking & invoicing solution for freelancers, contractors and agencies.

Revenue
$330K
Team size
3

Frequently asked questions about Contractor Payment Software Companies

How many contractor payment software companies are there?

Latka tracks 13 contractor payment software companies with reported revenue. Together they generate $93.3M in annual revenue and employ 470 people.

Which contractor payment software company is the largest?

Wingspan is the largest, with $46M in annual revenue, founded in 2019.

How much revenue does a typical contractor payment software company make?

The average contractor payment software company in this list makes $7.2M a year, across 13 companies with reported revenue. They serve 300 customers combined.

Who are the leading Contractor Payment software vendors?

Ranked by annual revenue, the leaders are Wingspan, Sonovate, My Digital Accounts, LÜK and Archie.

How much funding have contractor payment software companies raised?

The 13 contractor payment software companies tracked here have raised $46.8M in disclosed funding between them.

Related HR Software categories

Inclusion Criteria

- Must provide tools for generating and managing contractor invoices - Should include payment tracking functionalities - Must offer compliance management features for tax regulations - Should integrate with accounting software for seamless financial management - Must automate processes related to payment scheduling and reminders - Not just for simple payments; must support comprehensive payment workflows and record-keeping