What are COR contractor payment invoices and how to pay it in Contractor of Record?

A COR Contractor Payment Invoice is an invoice that the customer pays to Remote based on the invoices submitted by the contractor. Once a contractor submits an invoice and the customer approves it, Remote automatically generates an invoice for the same amount and sends it to the customer for payment.

Paying your COR contractor payment invoices through Remote is a simple process. Here’s how it works:

1. Once the contractor submits their invoice and it is approved by Remote, you can find it under the Contractor Payments section in the Invoices tab.
   
2. You will need to review the details and approve the invoice if everything is accurate.
   
   
3. Once the invoice is approved, Remote will generate a COR Contractor Payment Invoice reflecting the amount due based on the approved contractor invoices. You’ll receive both an email and an in-app notification to make the payment.
4. To pay the COR Contractor Payment Invoice, navigate to the Remote Invoices section. Please ensure the invoice is paid within 14 days to avoid any delays.
   
   
5. Click on the invoice to review the breakdown of charges and click Pay invoice to complete the payment using your preferred payment method.
   
   
   
   
6. Contractor payment will be initiated 4 business days after Remote receives your payment. Contractor will receive funds either on T or T+2 the latest depending on the location of the contractor’s bank. Contractor will receive their payment before the 30 days payment date. This process ensures contractors are paid smoothly and on time.