Are you tired of spending too much time onboarding influencers for your company? Are lengthy onboarding processes taking up hours of your day and preventing you from focusing on more important tasks? If so, this blog post is for you. In it, we’ll discuss how to cut down the 6-month onboarding process to mere seconds through streamlining systems. So whether you're in finance or operations--or any other department within your business--look no further than this comprehensive guide on cutting down influencer onboarding time!
What is influencer onboarding and why it's important
Influencer onboarding is a crucial process that involves collecting information about content creators, assessing compliance and risks, and setting up the influencer in your workflows to be able to invoice and get paid by your collaborations. Essentially, it's about identifying and bringing new influencers into a brand's ecosystem. By doing so, businesses can increase their reach and build relationships with individuals who can advocate for their products or services.
Onboarding also ensures that influencer payouts are in compliance with rules and regulations, minimizing potential legal issues. Through careful influencer onboarding, brands can establish a positive reputation among their target audience, while also paying influencers worldwide with ease.
However, this process can be lengthy, taking between 3 weeks and 6 months to complete.
How to onboard influencers as vendors
As influencer marketing continues to grow, so does the need for companies to onboard influencers as vendors. While the process can be complex and time-consuming, it’s essential to ensure proper KYC and correct tax information being collected. When onboarding influencers, it’s important to provide clear guidelines and expectations upfront to avoid any confusion or misunderstandings down the line. Be prepared for a lengthy process, as many influencers work as freelancers and may require extra time to gather necessary documents. Despite the potential challenges, onboarding influencers as vendors can yield great results and establish mutually beneficial partnerships.
Strategies to reduce influencer onboarding time while keeping quality high
It's crucial to streamline and automate the onboarding process for influencers. By leveraging technology, you can significantly reduce the onboarding time while maintaining the high quality of assessments. It's time to break free from manual processes and embrace automation to make influencer vendor onboarding a seamless and efficient process. With the right tools and tactics in place, you can maximize your financial or operational efforts, minimize human error and boost your efficiency.
Use Gigapay to speed up the process
In today's fast-paced world where efficiency is key, it's important to have the right tools to speed up your processes. This rings true for professionals working in the creator economy, who need to onboard multiple influencers to collaborate with in multiple campaigns. With Gigapay, brands can streamline their influencer onboarding and ensure timely payouts without the need for manual data entry, reducing the onboarding time from months to seconds.
Moreover, our universal creator onboarding feature provides a convenient and safe way for creators to onboard, allowing you to unlock these influencers faster - and to improve your relationship with the marketing team. These tools not only save time but also make the creator economy more accessible and inclusive, ultimately benefiting brands, creators, and their audiences alike.
In conclusion, influencer onboarding is essential to any organization looking to collaborate with influencers. As we've discussed in this post, the process of onboarding influencers can be both time-consuming and challenging. However, there are strategies that organizations can use to reduce the amount of time they spend on administrative tasks while still keeping quality high. The key lies in choosing the right tool.
At Gigapay we are committed to helping provide influencer payout solutions for organizations who want success through influencer management. Over our years of experience working with various clients, we have seen the impact that intelligent solutions can have along every step of an organization's journey into a smoothly managed workflow.
We understand that everyone's workflow needs will vary so if you’re interested in how you can optimize your influencer payout management with Gigapay, book a demo today!