What is Panther and how does it function? Panther is an automated platform designed for global payroll and compliance for remote teams. It is trusted by notable companies and helps them hire suitable employees. Panther’s team of experts handle legal compliance on a worldwide scale. It operates in over 160 countries, assisting multiple companies in sourcing talent. Additionally, Panther simplifies currency exchanges and global payments, providing companies with a single invoice for their entire global team. In the past, making international payments often resulted in high fees and unfavorable exchange rates. However, with Panther, employees are paid at the most favorable exchange rate. Each country or state has different laws regarding contractors, and Panther addresses this by generating locally-compliant contracts for teams wherever they are located. Furthermore, the platform automatically generates tax documents for each contractor. Panther streamlines the process for remote teams to receive their paychecks without unnecessary complications. In partnership with SafetyWing, Panther also offers comprehensive health insurance coverage, including private medical and insurance, life insurance, and long-term or short-term disability benefits.
