Visas and Work Permits — 6 min
Making payments is a pain, especially when you work with multiple contractors.
Not only do you need to find the right payment provider (and add yet add another tool to manage), but you’ll need to carefully copy and paste account details, double check the right payment amounts, and triple check that everything is set up correctly. And if you get it wrong, it’s almost impossible to get that money back. Especially if you’re working with regular contractors for the same amount each month on an ongoing basis, the time involved in invoice approvals and payment administration can quickly add up.
At Remote, we’re making it easier for employers to onboard, manage, and pay contractors wherever they’re based in a legally compliant, simple way.
On the Pay contractors screen in Remote, you’ll now see a new option for Automatic invoice payments.
Here, you can set up automatic invoice approvals and payments for your contractors.
Getting up-and running is as easy as 1-2-3!
Select the payment method that should be used from the card and direct debit methods you’ve already set up. This is the method that will be used to pay any applicable contractor invoices.
Next, you can set a maximum daily invoice amount per contractor. Any invoices under this threshold will be paid automatically. Invoices above this amount will need manual approval, to help prevent fraud.
Lastly, you can select the contractors whose invoices should automatically be paid! You can select individual contractors, or everyone you work with.
You’ll receive the same email notifications as usual, and invoices will appear in your dashboard. You can download invoices for your records and share payment receipts to make life easier for your finance team.
This new feature is live now for employers who pay in USD, with Euro and other currencies rolling out shortly.
With automatic payments in Remote, your contractors will be paid faster without the traditional delay.
No more waiting for approvals, reviews, and manual payments. Invoices are typically settled within 3-6 days after a successful payment, helping contractors to improve their cashflow situation, and helping you build stronger working relationships.
It’s easy to get started with fast, free, and flexible contractor management with Remote. Sign up today to onboard new contractors, ensure compliance with localized contracts, and pay contractors in over 130+ countries around the world.
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