R4.2

new

Company-to-company payments

We finally did it — companies can now pay other companies on Smartcat just like they do with freelancers, something lots of folks have been asking for! So you can now pay any linguistic vendor in the world as easily as if you were online shopping.

Who needs it

Basically, any company that works in — or has vendors from — the language industry. Company-to-company payments have long been a bottleneck in the way the industry works, and this improvement finally makes it simple and straightforward.

It also means that now you can finally cover your entire cycle on Smartcat: find and hire any vendor — whether a company or a freelancer, — assign them a project for translation, discuss the project in context, and finally pay any number of vendors with a single invoice right on the platform.

For payment recipients, it means that, wherever you are located, you can now get paid as a company from any other company in the world.

How it works

If you want to pay a company

If you have a company that you need to pay to, you can do it in one of the following ways:

Method 1: Manually via the Payments section:

  1. To add the vendor to your team:
    • Find the vendor in the LSP marketplace.
    • Open their page.
    • Click Add as Vendor.
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    • Go to Payments.
    • Click Add supplier job.
    • In the dropdown list, select the vendor you want to pay.
    • Enter the other details as needed and save the job.
  2. To create an invoice:
    • Go to Payments.
    • Click Add supplier job.
    • In the dropdown list, select the vendor you want to pay.
    • Enter the other details as needed and save the job.
  3. To pay the invoice:
    • Select the job you just created.
    • Click Create Invoice and Pay.
    • In the dialog that opens, click Go to Invoice.
      Alternatively, close the dialog. You can always find the invoice later under Payments > Invoices.
    • Click Pay by Card to settle the invoice right now via online card payment.
      Alternatively, click Pay by Invoice to download the invoice as PDF and process it further.

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Method 2: Via Excel import

  1. To import:
    • Download the Excel Payment Template.
    • Fill out the payment data.
    • In the Supplier Type column, enter “company”.
    • Go to Payments > Import.
    • Click Upload.
    • Wait for a confirmation email from Smartcat that your invoice is ready.To import:
  2. To pay:
    • Open the link from the confirmation email or go to Payments > Invoices.
    • Find the invoice relating to that payment.
    • Click Pay by Card to settle the invoice right now via online card payment.
      Alternatively, click Pay by Invoice to download the invoice as PDF and process it further.

Method 3: Via API

To pay a company via the API:

  1. Call POST /api/integration/v2/invoice/job .
    • Set supplierType to company .
    • Set supplierEmail to the vendor’s email.
  2. To pay for the job:
    • Select the job you just created.
    • Click Create Invoice and Pay.
    • In the dialog that opens, click Go to Invoice.
      Alternatively, close the dialog. You can always find the invoice later under Payments > Invoices.
    • Click Pay by Card to settle the invoice right now via online card payment.
      Alternatively, click Pay by Invoice to download the invoice as PDF and process it further.

Once we have received the payment, we’ll send a notification to the payee using the email you specified when adding the job. Once the payee follows the emailed link, the money will go to their Smartcat balance. They can then either withdraw it to their company bank account or use it to pay freelancers or other companies.

If you want to receive a payment as a company

  1. Open the payment notification you received via email.
  2. Follow the link in the email:

  3. If you are not logged on to Smartcat, log on or sign up on the page that opens.
  4. If you have several accounts in Smartcat, choose the one you want to receive the payment on:
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  5. If it’s the first time you receive a payment:

Voila! The money is now on your Smartcat balance. You can either withdraw it to your company’s bank account or use it to pay freelancers or other companies:

How much does it cost?

  • To accept money on Balance: free
  • To pay: per subscription.
  • To withdraw money from the balance:
    • FREE in the USA and EU
    • Around $1 in China, Turkey, UK, Australia, India.
    • $3 in other locations.
  • To pay someone else from the balance:
    • Same as “to pay” above.

P.S. If you missed our latest releases, check out some other features that we added recently that allow customers to work with vendor companies just as they do with freelancers: add them to teams, assign to projects, search by parameters, or request payments.