Hey there! Ready to kiss those freelancer payment headaches goodbye? Let's walk through how Basil transforms your payment chaos into smooth sailing—one quirky step at a time!
Step 1: Say Hello to Your New Payment Bestie
First things first—sign up for Basil and import your freelancer contacts. It's like setting up a digital rolodex, but way more fun! Just plug in their details or sync from your existing systems, and boom—your freelancer squad is officially Basil-ized.
Step 2: Set Up Your Payment Magic Circle
Next, connect your payment methods to Basil. Bank accounts, credit cards, ACH —Basil welcomes them all with open arms! This is your payment command center.
Step 3: Setting up Freelancer Contracts
Now for the meat and potatoes— For each freelancer, establish their payment terms right in Basil. After you request freelancers for a project, they can easily share scope details, estimates, hourly rates, project fees, payment schedules—all the nitty-gritty details get nestled in one spot. No more hunting through email threads or sticky notes!
Step 4: Smooth-as-butter Payments
Here's where the real magic happens! Invoices are shared directly with you via the Basil app and over email. Review, approve, and pay within seconds. If you've integrated with Basil as a Vendor of Record, we automatically send invoices to your procurement team for approval. You'll feel like a payment wizard watching Basil handle everything from currency conversion to disbursement timing.
Step 5: Document, Document, Document
Payments through Basil also means automatic W-9s, 1099s, and whatever other tax forms make your eyes glaze over. The platform keeps track of compliance paperwork and reminds both you and your freelancers when something's missing. Tax season just became dramatically less terrifying!
Step 6: Track and Report Like a Boss
Monitor everything from Basil's dashboard. Who's been paid? Who's waiting? How much have you spent this month? It's like having x-ray vision into your freelancer spending!
There you have it—freelancer payments transformed from migraine-inducing chaos to a surprisingly delightful process! With Basil handling the heavy lifting, you can get back to the fun stuff (or at least the slightly-less-tedious stuff) in your business day.
