Immediate payment feature
When you create a project with LittleBig Connection as a contractual intermediary, by default, we wait for the payment of your Client, prior to proceeding with your payment. If you don't wish to be bound by the payment delays of your Client, the Immediate payment feature can be a solution. Let's have a look below at what this feature allows, under which conditions, and how to activate/deactivate it.
Within this article
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Definition and conditions of application
The Immediate payment feature is an optional feature, available for some projects that have LittleBig Connection as the contractual intermediary. It enables you, as a Freelancer, to receive payment for your project without depending on your Clients' payment terms (example: if your Client pays in 30 days, you will be paid in 30 days, more or less 5 days, by default).
By activating the Immediate payment feature, LittleBig Connection doesn't wait for the Client's payment to proceed with your payment. Indeed, once your Activity Report (AR) has been fully validated by your Client, you will receive your payment in 3 to 5 days.
Good to know
It isn't always possible to activate the Immediate payment feature for all your projects, it is a choice you have to make on each of them.
Therefore, you may have some projects with the feature activated and others without.
The cost of the Immediate payment feature is €20 per day, and this amount is deducted directly from your invoice.
Important
If you chose the option of manual upload for your invoices, then the Immediate payment will be triggered once you have uploaded your invoice for the month in question (taking into account the fee for the Immediate payment feature), onto the platform.
For some projects with LittleBig Connection as a contractual intermediary, it may happen that the feature is not available.
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Activate and deactivate the Immediate payment feature
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Activation
You can activate the Immediate payment feature when you respond to a Request for Proposals (RFP) or when you accept an extension request for a project.
It is therefore important to think carefully about the benefits brought by this feature for you and according to the payment terms of your Client, which can seem more or less long.
When responding to an RFP
To activate the Immediate payment feature when responding to an RFP:
- Go to the page of the RFP you wish to respond to
- Click on the Make a proposal button at the top right corner of the screen
- Fill in the information of your proposal (for more information, please read this article)
- Activate the toggle button next to Immediate payment
- Click on Validate the proposal to send your proposal to the Client
Important
When you edit a previously submitted proposal, all boxes included in the proposal are automatically unchecked.
This means that you will need to click once again on the corresponding boxes (example: specific conditions for the project) and the optional features you wish to activate (example: Immediate payment)
If your proposal is selected and you are awarded the RFP, then the Immediate payment feature is activated from the first month of your project.
When accepting an extension request
To activate the Immediate payment feature when accepting an extension request:
- Go to the Renewals requests page in the RFPs tab
- Open the action menu of the relevant request and click on View proposal details
- Verify the information of the renewal request (for more information, please read this article)
- Activate the toggle button next to Immediate payment
- Click on Accept the renewal
If you notice that the feature is not activated when it should have been, you may contact our Support teams to make the change, which will be effective from the next validated Activity Report.
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Deactivation
The request to deactivate the Immediate payment feature may be sent at any point of your project.
To do so, please contact our Support teams.
As soon as your request is processed by our teams, it will be effective immediately and valid from the next Activity Report you submit.
Important
If you have already validated your Activity Report, the deactivation of the Immediate Payment feature will not be effective on this one, but on the next.