Payment for Independent Expert and Consultant Company Services
The customer does not pay the consultant - we do!
The GovFlex marketplace only requires payment of a 10%-15% processing fee (depending on subscription level) to authorize a service provider to begin an engagement. Upon completion and acceptance of the providers’ work, customers are required to pay the balance of the engagement cost. Eligible customers are also offered the additional flexibility of term payments (Net 15, 30, 45, and 60 days) for an additional fee.
The goal is to electronically pay the service provider for services within 2-5 business days of the customer's payment to GovFlex but always within 7 days. Invoice's can be paid via credit card, ACH, or eCheck.
The Payment Process
Once a service provider completes the work described in a project task, the project owner will be notified. If the project owner reviews the work and deems it acceptable, they electronically sign and "Accept the Work" which triggers the GovFlex Consultant Payment Process. The system will automatically generate an electronic invoice which details the consultant cost and the processing fee for the project task.
Invoices for services can be paid by an Authorized Payer (a person in the organization that is authorized to pay invoices by credit card, ACH, or eCheck). Copies of invoices are automatically saved to the clients "Legal Docs" tab in the GovFlex application.
Also, at the end of the year, we produce the 1099-Misc forms for all consultants and the IRS so you don't have to!