FAQ
You've got questions. We have answers.
Ask and you shall receive...
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How does it work?
Indie Tech is getting ready to launch our beta testing stage. Once launched, our forum will seamlessly connect contractors with our financial services clients. It will be a place to discover your ideal contracts while liaising more directly with clients.
Once fully launched, we will be a secure hub that will sign, track, and manage the entire process from onset to completion.
By joining now, you will become part of our ecosystem where hiring managers can find you directly. Our anticipated beta launch is mid-June 2021.
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Who is Indie Group?
Indie Group is the first ever consulting company to bridge the gap between consultants and financial services clients. With Master Service Agreements (MSA) in place, Indie Group will oversee the delivery of your engagements. Think of Indie Group as your business partner, enabling success while taking care of all the fine details. Its sister company, Indie Tech, focuses solely on creating the best automated consulting environment.
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What's a Master Service Agreement (MSA)?
A Master Service Agreement is a legal contract reached between two parties defining a business relationship. In the context of working with large enterprises, procurement groups sign these agreements with consulting firms (suppliers) and onboard them as vendors of record. These are typically the barrier to entry that force small consultants to act as contractors.
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Why do we focus on consulting and not contracting?
Contracting is the engagement of a professional for a specific skill set only, whereas consulting has professionals meeting a defined set of deliverables and milestones. At Indie Tech, our core focus is to set clear parameters and expectations for consultants resulting in successful project fulfillment and happier clients.
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Is it really free?
We are completely transparent about our business structure. Our platform is free for independent consultants and hiring managers. The environment is inclusive, supporting the needs and queries of everyone. Indie Tech earns its money from commissions. A 20% charge is added to every signed contract based on an hourly rate. Indie Group receives 16% for managing the project and Indie Tech assumes 4% for managing the functionality of the platform.
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Why do consultants have to be incorporated?
Indie Tech's primary focus is empowering independent consultants in a dynamic, unbiased ecosystem. We support the integrity of our consultants and wanted to start with who's pain points we know best. As we scale out, we plan to incorporate more users, firms, and suppliers.
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Why do hiring managers have to sign up with their work email?
Enterprise security is of our utmost concern when working with large financial institutions. As such, each institution will have its own ecosystem of consultants who they are permitted to work with. In order for you to gain access to this environment, we need to confirm your association with the institution that you are trying to access.
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My financial institution isn't available yet. How do I change that?
In order for an enterprise to work with Indie Tech, we need to have an existing Master Service Agreement (MSA). If your institution isn't available, we won't have an MSA. Feel free to book a demo with us so we can walk you through what needs to be completed.
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What's in it for me?
We built Indie Tech to create more transparency and equity in the marketplace. Our forum will allow hiring managers, consultants, and consulting firms (Indie Group) to establish relationships. The result will be a fair playing field for consultants and cost savings for clients. We promise a very collaborative experience honoring everyone's needs.
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Once I sign up, how long is my membership active for?
There is no expiry date to your membership. Once your profile is created, it will remain active until you decide otherwise. You will be able to toggle your availability and time commitment so hiring managers can easily see if you are in the market or not. We will occasionally check-in to see how you are enjoying the experience and to let you know about upcoming features, as well as providing any necessary guidance or support.
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Are there any incentives for me to share with my friends?
Yes! Upon signing up, there will be a referral code to redeem a $500 bonus on secured placements of $10,000 or more.
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What future features can I expect?
Look no further! Below this section we've outlined some of our planned releases!
Coming Soon
Marketplace
Indie Tech is getting ready to launch our beta. But first, we need to start getting the word out, developing a waitlist, and getting people on board so that we can launch and have consultants ready to go. Join our waitlist today to be notified when we launch our beta marketplace.
Summer
Market Pricing and Communications
Once we've tested out beta and gotten everyone's feedback we are going to make things easier and more transparent for everyone involved by creating communication channels to reduce the footprint of consulting firms.
We will also be testing our pricing models so that everyone can understand the market value for the skills they need or possess. For the first time ever, you'll be able to get an idea of your fair market value.
Late Summer
Contract Management
Contracts with consulting firms, consulting firms have SOWs with clients, there are amendments, changes, and NDAs. Contracts are a huge part of the consulting lifecycle. Once we've integrated contracts, you'll be able to sign and execute your contracts in one place with the click of a button, speeding up the onboarding process.
Fall
Project Management
After we automate your contract process we are going to give you a single source to track the deliverables that you've agreed to in your contract. We can keep everyone on the same page improving the quality of your contracts and ensuring you have the best chance of renewals and return customers.
Winter
Full Procurement Suite
In order to fully integrate into large enterprises and to automate the deal flow from end to end, Indie Tech will be creating an entire procurement suite to help manage vendors, onboard diverse suppliers, and manage supplier risk more effectively.