We're thrilled to share an exclusive interview featuring our Co-Founder, Matija Ratkovic, with Outsource School, where he delves into the innovative world of Lancr, a platform meticulously crafted to redefine the management and payment systems for remote workers and freelancers. The conversation illuminates the secrets, evolution, and forward-looking approaches of Lancr, offering a glimpse into the future of streamlined business operations.
Spotlight on Lancr's Inception and Mission
In the interview, Matija, with his extensive background in telecommunications, enterprise software, and software development, unveils the intricate details behind Lancr's inception and its core mission. He shares how Lancr, born out of a necessity to simplify the complexities of contracts, time tracking, and international payments, introduces solutions like flexible contracts and multi-currency global payouts through its distinctive SmartRoute™ system, potentially saving businesses up to 75% in fees compared to other platforms.
Key Takeaways from the Interview:
Navigating Through the Evolution
Matija shares a compelling narrative about how his experiences, particularly observing the untapped potential of remote talent and the challenges they encounter in being managed and paid fairly, were pivotal inspirations behind Lancr. The platform not only provides solutions to these challenges but also anticipates expanding its financial services and introducing new features to make freelancer/contractor management even more seamless.
Pioneering a New Era in Remote Work Management:
Lancr stands out not merely as a solution but as a pioneer in redefining how businesses perceive and manage remote work. With plans to explore partnerships with other platforms and services, Lancr aims to provide more comprehensive solutions for businesses that outsource globally, showcasing their commitment to aligning with technological advancements and global trends.
Reflections and Forward-Looking Perspectives
The insights and innovative solutions presented by Matija and Lancr not only resonate with the current global work trends but also signify a potential shift in the future landscape of managing remote teams and freelancers. Lancr offers businesses not just a service, but a partnership in navigating the complexities of global outsourcing, potentially shaping the future in managing remote teams and freelancers.
The insights from Matija and the story of Lancr open up a dialogue about the future of remote work, the challenges of managing a global team, and how technological advancements can pave the way for more efficient and cost-effective business operations. It’s a testament to how innovative solutions can stem from real-world challenges, and how businesses, when driven by a genuine desire to solve problems, can create platforms that not only serve their interests but also address larger, global issues.
Explore the full depth of insights, experiences, and forward-thinking strategies discussed by Matija Ratkovic in the complete interview here, and join us in navigating through the evolving landscapes of remote work management and global team collaborations.
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The costs of collecting, analyzing and storing data are not cheap. And unlike financial data, there is no standardized process for determining ESG scores.The complexity of ESG data and the lack of standardization in the process for assessing environmental, social and governance factors also makes it difficult to compare companies on these metrics. Regulators are trying to make ESG information more transparent by mandating that companies disclose them alongside their financials, but this is still materializing globally. Traditional providers such as MSCI or Refinitiv employ armies of analysts to get this data from corporate disclosures (if it exists) and then normalize that data and provide it back to you. This is a very expenive process, with lots of quality control, and importantly - because this data is not disclosed very frequently (companies typically disclose ESG related data annually), there is less incentive to have a continuous subscription to a ESG data feed, along with risk of information leakage. All of this results in very expensive, and limited annual contracts.