Does Horizons provide an advance payment option for clients?
Yes, Horizons offers an Advance Payment feature designed to provide flexibility and convenience for our clients. This option allows you to pre-fund your payroll account for a specified period or deposit a set amount, simplifying payroll management and ensuring a seamless process.
How Does Advance Payment Work?
With the advance payment option, you can choose from two approaches:
- Fixed Pre-Payment: Pre-pay your payroll for 3 or 6 months in advance. This eliminates the need for recurring monthly payments and ensures uninterrupted payroll processing.
- "Float" Payment: Deposit a specific dollar amount into your account. Each month, Horizons will deduct the invoice amount from this pre-funded balance, providing flexibility and ease of tracking.
Why Choose Advance Payment?
Advance payment is ideal for clients who want to:
- Streamline Processes: Reduce the administrative effort of monthly payments.
- Plan Ahead: Ensure payroll is covered during busy periods or financial transitions.
- Increase Predictability: Avoid unexpected payment delays and focus on core operations.
How to Set Up Advance Payment
To enable advance payments:
- Contact our Support Team: Share your interest in the advance payment feature and discuss the option that best suits your needs.
- Sign an Addendum: Horizons will provide a formal agreement to ensure transparency and clarity on how your funds will be managed.
- Fund Your Account: Once the addendum is signed, transfer the agreed amount, and Horizons will manage your payroll deductions accordingly.
Get Started Today
Advance payment is a hassle-free way to manage your payroll efficiently while staying compliant with local regulations. If you’d like to explore this feature or need assistance, please reach out to [email protected].
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