Do you manage affiliates that require payments to be sent on a different schedule? NATS includes customizable payout periods that Admins can set up for their Affiliates. This new feature allows payments to be built based on days of the month, days of the week, or after a set amount of days.
The "Payout Periods" tab is located in the Payments admin
To get started, navigate to the Payments Admin and click on the "Payout Periods" tab. At the bottom of the Payout Period list, find the text box labeled "New Payout Period Description". Fill this out and click the "Add" button. Once the new payout period is created, it can be configured in one of four ways: once a month, multiple times a month, weekly, or a set number of days. Next, you can set the payout delay. This is the number of periods that payments are to be held back/delayed. Lastly, checking the "Enabled" checkbox will allow Affiliates to choose this option as their payout period.
Once set up, Admins can manage which affiliates are using each payout period. Within the Payments Admin, you can enabled or disabled multiple Affiliates at one time. Within the Affiliates Admin, you can set the proper payment period for each individual affiliate, one at a time.
For more details on setting up different payout periods, including the configuration for each payment build period, please visit our online documentation.