How is contractor payroll different from employee payroll?

Employee payroll involves withholding taxes, contributing to statutory funds (like CPF or EPF), and paying benefits on behalf of workers. Contractor payroll focuses on processing invoices or agreed payments without tax withholding in most cases, collecting the correct tax documentation (like W-8BEN for foreign contractors), and ensuring compliance with each contractor's local regulations. The platform requirements are different — contractor payroll needs multi-currency support, document collection workflows, and compliance tracking across jurisdictions.