Once a project is awarded to a team, and the Team delivers the milestones in accordance to the initial agreement with the Hirer, the Team can then raise an Invoice for a pre-agreed amount for the completed work. Payments for Teams is achieved in two different parts:
The Team Member's Payments
Team Members could be paid in three easy steps:
Step 1 - Each Team Member will raise an invoice for a pre-agreed amount. To do this, the Team Member needs to go to the PAYMENT section of the Project Workstream and click on the 'Invoice to Team Lead' button. Fill in all the required information in the Raise an Invoice form and click on Send Invoice.
Step 2 - The Team Lead will then receive the Members’ invoice and will subsequently raise an invoice for that exact amount, to the Hirer. To do this, the Team Lead must go the PAYMENT section of their Project Workstream and click on Invoice to Hirer, and then fill in the required fields.
Step 3 - Once the Hirer receives and accepts the invoice and releases the funds into the Project Workstream, the Team Lead can then Accept the Team Member’s invoice and pay that Member, accordingly.
The Team Lead's Payments
The Team Lead could receive its payments by raiding an invoice directly to the Hirer, for the pre-agreed amount. To do this, the Team Lead simply needs to go to the PAYMENT section of their Project Workstream and click on the Invoice to Hirer button. After filling in all the required information and Sending the invoice, the Hirer will then receive and Accept the invoice, and pay the Team Lead, accordingly.
Please note, the invoices could ONLY be accepted, and the Team could ONLY be paid IF there are enough funds available in the Project Workstream. If there are no adequate funds available, the Team Lead must request the remaining funds from the Hirer, or in some cases, seek additional Deposit Payments, and the Hirer MUST release these funds to the Project Workstream prior to Team Lead accepting any of the Team's Invoices.