Who is responsible for approving contractor invoices and payments in Thera?
Understanding the roles and responsibilities for approving contractor invoices and payments in Thera is essential for smooth financial operations. Below is a detailed overview of the process:
Roles and Responsibilities
One-Off Payments for Contractors on Fixed Rate Contracts - Only admins or employers have the authority to raise and approve one-off payments for contractors on fixed rate contracts. Contractors can add payment items, such as expenses, but the final decision to issue a one-off payment lies with the employer and must be set up by an admin.
General Invoice Approvals - Managers are the designated individuals authorized to approve contractor invoices. This ensures that the approval process aligns with the company’s internal policies.
Identifying and Contacting Approvers
The person responsible for approving your invoices is typically someone within your company, such as your manager or the admin who set up your contract in Thera. To find out who this is, you should check with your employer or the individual who onboarded you, as they have visibility into the approval hierarchy.
Approval Schedules and Processes
The timing of invoice approvals is determined by your company’s internal processes. Thera does not enforce a fixed approval schedule, so it’s important to consult your employer for specific timelines.
By understanding these roles and processes, you can navigate the invoice approval system in Thera more effectively. For further assistance, consult your employer or the admin managing your contract.