Upon logging into Permate, Brands are required to configure their payment timeline. This timeline will be prominently displayed on the Partner’s Offer Details page interface. It serves as crucial information enabling partners to make informed decisions about potential collaborations, ensuring the payment terms align with their requirements.
Example of the Payment Time section on the Partner’s Offer Details page
1. Definition of Permate’s Payment Timeline Setting #
Here’s a breakdown of the Payment Time settings Brand needs to establish on Permate:
- Cross-check Term: This is the period allotted for the brand to review previously generated conversions.
- Locking Term: By the end of this period, the brand must finalize all conversions. Once locked, conversions cannot be altered (approved or rejected). Permate will then generate an invoice for the brand to settle, ensuring commission payment processes smoothly.
- Payment Term: This marks the deadline by which the brand must initiate payment to the partner via Permate.
Please view the detail article about Permate’s payment process overview
2. How to set up Payment Timeline for Your Brand on Permate #
Step 1: Click on the avatar icon in the screen’s top right corner and select Account Setting.
Step 2: Navigate to Business Info
Step 3: Click on the edit icon (pencil symbol) to make changes.
Step 4: Enter the desired values for:
- Cross-check Term
- Locking Term
- Payment Term
⚠️ Note: Values can range from 1 to 120 days. (Minimum 1 day, maximum 120 days)
Step 5: Click Save to apply the settings once all fields are filled.
By following these steps, brands can ensure clarity and reliability in their payment processes on Permate, facilitating smoother partnerships with their affiliates.
