At Procom, we understand that timely payment is crucial for our contractors, so this article will provide you with information on the payment arrears period.

The arrears period is a necessary step in our payment process, which allows us to ensure that all of your timesheets are approved by your manager and processed accurately before payment. This step is also important in allowing us to make any adjustments, if necessary, before the funds are deposited into your account.

We typically have a two-week arrears period, which means that the payment you receive on a particular date is actually for work completed two weeks prior. However, this timeframe may vary depending on the specific requirements of the client or province.

We want to assure you that we strive to process payments as quickly and efficiently as possible, while also ensuring accuracy and compliance with relevant regulations. In order for you to know when to expect your payment, we recommend that you check the status of your upcoming payments within the Contractor Portal.

If you have any questions or concerns about the payment arrears period or your payment schedule in general, please do not hesitate to reach out to us for more information, by clicking the button below.