No matter where an employer, agency recruiter or job order is located in the world, RecruitAlliance’s Managed Billing simplifies the onboarding of agency recruiters, processing of PO’s when required, invoicing, currency conversion, payments, and collections.
Today’s employers operate on a global scale, and RecruitAlliance helps them simplify their recruiting payment process, eliminating the need to onboard multiple agencies and the processes required to issue payment in various currencies to numerous recruiting vendors. Equally as important is an agency’s ability to maximize its resources. RecruitAlliance acts as your agency’s back-office – invoicing employers for placements, expediting payment, follow-up, and collections, when necessary, while eliminating the monthly membership fee, after your first placement.
Upon successful placement, RA will pay the Recruiting Fee, minus a nominal Transaction Fee, upon receipt of payment from the employer. In the event the employer has not paid the fee on time, RecruitAlliance will make every effort to collect the payment as soon as possible.
Transaction Fee: All Managed Billing jobs are subject to a 6% Transaction Fee. Following the payment of your first fee using Managed Billing, an Agency Recruiter no longer pays a monthly fee to access their RecruitAlliance account. A $99 service/support fee will be charged on the anniversary of your account conversion, then annually after that for as long as the account remains active.
Jobs that are subject to Managed Billing are marked with an icon:
Further Managed Billing informaton specific to the job order can be found by clicking on View Details.
Other relevant articles:
How do I check on the status of an invoice being handled by Managed Billing?
How do I update my Vendor Setup/Remit-To Address?