Catalant serves as the payment processor for all projects on the Expert Marketplace by seamlessly managing the invoicing and payment for clients and experts. Clients can onboard Catalant as a vendor once upfront for Catalant to seamlessly issue payment to any experts or firms engaged by the client.
Client PO Requirements
If a client requires a purchase order (PO) number in order to pay vendors, clients must provide the PO number and any other relevant information to Catalant to ensure a seamless billing process. Please note: clients should always remember to include any estimated expenses from an expert when securing funding sources internally.
Client Invoicing & Payment Terms
Expert Payment Structures: Fixed Fee & Variable (Hourly Rate)
The Catalant platform accommodates two types of payment structures for expert payments: fixed fee (the default setting) and hourly rate.
To learn more about the process for Fixed Fee projects, click here.
To learn more about the process for Variable (Hourly Rate) projects, click here.
For both fixed and variable, experts request payment through the Catalant platform and clients approve payment through the platform.
Clients can manage all payments in the Payments tab in the project's workspace.