How to set up automatic payment for contractors' invoices

You can set up automatic approval and payment for contractors' invoices and control the total amount processed for each contractor per day. This feature is available to customers with a billing currency of US dollars (USD) or euros (EUR) who have direct debit or a credit card set up as their payment method.

1. From your Remote dashboard, go to Payments & Compensation > Contractor payments > Invoices.
2. Open the automatic invoice payment settings. A side panel opens where you can select contractors and set a daily payment limit.
3. Choose the contractors whose invoices you want Remote to approve and pay automatically.
4. Enter the maximum total invoice amount that Remote can process automatically for each contractor per day. This limit applies to each contractor separately, not to the company as a whole.

Remote checks the combined value of all invoices to be processed for a contractor on a given day, rather than checking each invoice separately.

• If the combined value is at or below the daily limit, Remote processes the invoices automatically.
• If the combined value exceeds the daily limit, the invoices require manual approval. Remote does not automatically approve only the invoices that fit within the limit.

For example, if you set a daily limit of 5,000 USD per contractor and a contractor submits three invoices totaling 4,500 USD for processing on the same day, all three qualify for automatic approval and payment. If the total is 5,500 USD, the invoices require manual approval.

See also: How to approve and pay contractors' invoices

• Remote processes eligible invoices the day after the invoice's issue date. This starts the payment process and does not mean the contractor receives the funds that day.
• On the contractor's dashboard, the invoice status changes from Payment due to Pending payment. The invoice then follows the same payment process as a manually approved invoice.
  
  
  
• Invoices submitted before you enabled automatic approval still require manual approval.

See also:

• Paying contractors through Remote
• How long each payment method takes