We've promised this era will be all about stabilizing GivingLoop's platform, improving our processes and solving any core problems.
In the past we had someone who ran the payouts script once every month. We wanted that because it was in early beta testing. The system is much more towards stability than before, so we decided to automate it.
Before doing that, we answered your questions regarding the payouts that were showing up as "Pending" in your dashboard while you already received them. And we've taken care of the fact that some payouts were skipped and then merged with next month's payout.
Now on, this script will run on the 1st of every month, starting at midnight EDT time, and will complete before mid day EDT time as well.
How will that contribute to your success?
- You don't have to follow up with us on whether your payout has been issued or not unless something went wrong.
- You won't have differences in payout amount just due to the difference in payout timing. You might have differences due to new sign ups or cancellations.
- You can make better plans to use the money on time.
* We use Stripe for payouts, this is an ACH payment that should take 2 to 3 business days to settle in your account.