Platform and Payment Process Guide for Contractors
Thanks to Horizons very own Contractor Payment Feature, we can provide a transparent payment process for both clients and contractors. Our comprehensive contractor process ensures compliance, efficiency, and ease of use for all parties involved.
Watch this 3-min video for a comprehensive guide on how to use the Contractor Payment Feature:
Click here to watch the video.
Follow this step-by-step guide on how to pay Contractors:
1) To add a payout, navigate to "Contractors" on the left-hand side of the Horizons platform menu.
2) Select "Add Payment" on the top right.
3) To create a contractor payment, select the Contractor's name and chose a payment type: Milestone, Hourly, or Daily. For Hourly and Daily, add the rate and the days or hours worked. For every payment type, you can also add an optional description to the payment.
Our platform will automatically compute the total payment amount taking in consideration the billing currency.
To finalize the requested payment, click "Generate Invoice". An invoice will be generated automatically for your payment.
4) Navigate to the "Pending Payment", select the payment you want to process and click "Pay". In here you will be present the payment details to process the payment.
Important: Horizons will only be able to pay your contractor if the invoices have been paid in full.
5) The tab "All Payments" lets you review the status of all payments. The Contractors have a similar view and will be able to track the status in real-time so it's a transparent process between clients and contractors.
Additionally, contractors have the option to raise payment requests on their own. They will require your approval for processing. After that follow the usual process: navigate to the "Pending Payments" tab and select "Pay" for payment.
For any further questions or concerns, please feel free to reach out to us at [email protected].
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