WorkNode or Cool Company?

WorkNode FLEX has a published service fee of 3.95%, compared with Cool Company’s 5.98%. FLEX therefore has a lower percentage fee at the same invoice amount excluding VAT. WorkNode PRO costs SEK 995 per month instead. Whether PRO is cheaper depends on your invoicing over the whole subscription period.

At SEK 50,000 excluding VAT the service fee is SEK 2,990 at Cool Company, SEK 1,975 with WorkNode FLEX and SEK 995 with WorkNode PRO. The difference versus Cool Company is therefore SEK 1,015 with FLEX or SEK 1,995 with PRO for that month. That is the difference in service fee, not the increase in your net salary.

With a monthly price of SEK 995 and Cool Company’s fee of 5.98%, the break-even point is about SEK 16,640 in monthly invoicing excluding VAT. Above that level PRO has a lower service fee than Cool Company. FLEX is still cheaper than PRO up to about SEK 25,190. Also account for months without invoicing during PRO’s commitment period.

Not if you choose WorkNode FLEX. Both FLEX and Cool Company’s standard percentage model have no fixed monthly fee. If you choose PRO you pay SEK 995 per month during the subscription period. FLEX can therefore fit when you want to switch service but keep paying according to how much you invoice.

Cool Company states payout within 24 hours after the client’s payment. With WorkNode the salary is normally in the account within 1–2 banking days after the client’s payment, when the payment can be matched and the documentation is complete. Cool Company also offers ExpressPay after approval, with separate terms. Compare the same type of payout.

A lower service fee leaves more to allocate to salary and any pension contributions. Employer contributions and preliminary tax also affect the result. Compare both the service fee and the estimated salary with the same tax and pension settings.

Do not assume the insurance covers are identical. Both services describe insurance protection for approved assignments, but scope, exclusions and requirements can differ. Check that your specific work is covered and register the assignment before you start. Approval at Cool Company does not replace WorkNode’s assessment.

Plan the switch before a new assignment. Create a WorkNode account and connect the assignment to WorkNode before you agree the payment with the client. Tell the client about the new invoice sender. Invoices already sent through Cool Company are normally handled there, while new approved assignments can be invoiced through WorkNode.