Invoices, invoices everywhere, and not a drop of income… Being a freelance reporter has always been hard, and in the current media climate, as editorial budgets are being cut, it’s only getting tougher.

But now the former New York Press and Forbes Traveler editor Jeff Koyen is preparing to launch a platform named Assignmint, which is supposed to make freelancers lives a little easier. According to a write-up by Fast Company, Koyen’s product aims to make the admin side of freelance journalism more efficient, by offering a platform that allows writers and employers to manage commissions, deadlines, invoices, pitches, payment, expenses and contract information all in a single digital space. The platform will also feature an algorithm that will match up freelancers with potential employers, states the article.

Fast Company quotes Koyen, who explains Assignment is meant to eliminate specific, out-dated practices that he came across while working as a magazine editor. “Editors still cut-and-paste job details between Word docs and freelancers still put contracts in the mail. (Some even faxed them.),” said Koyen, “These inefficiencies do more than just waste time: They pit freelancers against their employers. So, I decided to build a network that solves all of these problems, from pitch to payment.”