How are contractors paid with Horizons?

At Horizons, contractor payment terms are clearly defined and documented during the onboarding process. These terms are agreed upon by both the client and the contractor and captured in the signed contractor agreement.

Horizons supports multiple payment structures, including:

Flat fees (e.g. 20% at project start, 80% at completion)
Hourly rates
Daily rates
Monthly fixed fees

Of these, monthly payments are fully automated. Once the agreement is in place, Horizons automatically generates and issues monthly invoices based on the agreed schedule and releases payments to the contractor as soon as the client’s payment is received.
This automation ensures speed, transparency, and compliance, with minimal effort from your team.

For all other payment types, hourly, daily, or milestone-based, payments must be triggered manually. Either the client or the contractor can raise a one-time invoice in the Horizons platform. These additional invoices are reviewed and approved through a secure and traceable process before payment is made.

Horizons also supports multiple payment methods, including:

Bank transfers
Credit card payments
Expanded bank debit options such as SEPA (Single Euro Payments Area) and BACS (Bankers’ Automated Clearing Services)

These flexible options help ensure fast and reliable payments across global markets.

To learn more:

In this article...

Contractor Guides: Hiring, Onboarding and Payment Processes

How are contractors paid with Horizons?