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Be paid faster with
Icon’s Early Payment Plan.

Better cashflow for

your business.

Better cashflow for your business.

Icon understand the importance of cashflow for your business. That’s why they’ve partnered with Timelio to give you a handy way to get your invoices paid sooner.

It’s quick. It’s easy. And it’s money in your pocket.

What’s in it for you?

Improved cashflow

Why wait 30+ days to get paid?

Greater stability for your business

Keep your business growing and manage your workforce.

Easy-to-use & great flexibility

A simple platform that puts you in control.

Free set-up, in under 2 minutes

Register online now without any commitment.

How it works

Here’s how to get paid earlier, in four easy steps:

STEP 1

Register for the program, by creating a Timelio account*

STEP 2

Instantly view any invoices available for early payment

STEP 3

Choose the invoice(s), and date for payment

STEP 4

Once approved, you are paid!

STEP 1

Register for the program, by creating a Timelio account*

STEP 2

Instantly view any invoices available for early payment

STEP 3

Choose the invoice(s), and date for payment

STEP 4

Once approved, you are paid!

* Remember, to use the same email address already given to Icon as your primary contact.

Watch the video to see how it works.

What’s it cost?

It’s free to register for Icon’s Early Payment Plan.

If you choose to receive early payment, a small fee applies.

The fee is largely influenced by duration and is made up of a fixed service fee of 0.40% ex GST and a discount rate of 1.40%* per 30 days.

* Applied daily.

Use this calculator to see the amount you will receive on invoices you choose for early payment:

Invoice Amount
Days Paid Early
Total Cost
GST
Amount You Receive

This is an indication of what you will receive and may vary from actual results. Figures and formulae used within this calculator may change at any time without notice.

What happens

after I’ve registered?

What happens after I’ve registered?

Once you’ve registered for the Early Payment Plan, whenever an invoice gets approved by Icon, you’ll be invited by email to request early payment.

If you’d like that invoice to be paid early, simply log in to your Timelio account and select that invoice and the date you’d like it paid. Once approved, the funds will be deposited into your account. Too easy.

“This has allowed us to move from 45 day payments to 7-14 day payments, giving us an injection of cash not previously on offer.”

“Cash is king – the program has helped manage working capital.”

“This has enabled me to tender for more jobs.”

FAQ’s

What is Icon’s Early Payment Program, and how do I register?
What is Icon’s Early Payment Program?

Icons Early Payment Program is all about Icon paying approved subcontractors and suppliers claims/invoices early.

Icon understand how important cashflow is to your business. That’s why they offer a handy and simple way to get your invoices paid sooner.

It’s quick. It’s easy. And it’s money in your pocket.

How do I register for Icon’s Early Payment Program?

Registration is free. It’s easy and will take less than 2 minutes to register.

Simply, click ‘get started’ and set up an account with Timelio

Remember to use the email address you have already provided Icon.

What information do I need to register?

Simply, click ‘get started’ to set up an account with Timelio

During the registration, you will be asked to

• Confirm the business details we have and fill in any gaps. Most of the information will be pre-populated to make it simpler for you.

• Verify your business bank details. This will ensure any invoice payments from Icon go to the right business account.

• Authorisation & acceptance of the Supplier Agreement. If you are not authorised to agree to the Supplier Agreement on behalf of your company, you will be asked to invite a Director of the business to provide authorisation.

• Submit

Remember to use the email address you have already provided Icon! If you get an ‘invalid email’ error message, this is most likely why. Contact the team at info@timelio.com.au if you are getting an error.

Who is Timelio, and what do they have to do with Icons Early Payment Program?

Timelio are specialists in early payment delivery. Icon have chosen to partner with Timelio to deliver their Early Payment Program.

Timelio provide the technology to facilitate the early payment offered to Icon suppliers and contractors. This is why you will, at times, receive communications about the program from Timelio.

If this is an Icon Program, why do I have to register via Timelio?

Timelio provide the technology to facilitate the early payment offered to Icon suppliers and contractors. To register for Icons Early Payment, you will need to set up an account on the Timelio Platform.

Icon have chosen to partner with Timelio to deliver their Early Payment Program.

Who is Timelio?

Timelio are specialists in providing early payment solutions for businesses. Icon has partnered with Timelio since 2017 to enable quick and easy early payment options to you as a valued supplier.

Registering for the Program
I am getting an error message ‘ Invalid Email’, when I try to register for the program

Check that you are using the email address that you have previously given to Icon.

If you are trying to register with an email that you have not given Icon as your primary email, then you may get this error message.

For example, if you are using a personal email to register, but you provided Icon with your business email address. Or Icon has your ‘accounts@business’ email address, and you are trying to register with your personal business email.

If you have tried using an alternative email address, and are still getting this error message, please contact Timelio and we can help you through this process. Feel free to call us on 1300 38 63 63 or make contact via email at info@timelio.com.au

How do I know if my registration to Icons Early Payment Program was successful?

When you have registered for the Icon Early Payment Program, you will immediately get access to the dashboard as well as receive an email from Timelio confirming your registration. This email will also include a copy of the Supplier Agreement.

If do not get this email shortly after registering
• firstly, check your Spam Folder
• If you have not received an email, please call Timelio on 1300 38 63 63 or make contact via email at info@timelio.com.au

What is the Supplier Agreement?

When you have registered for Icon’s Early Payment Program, you will immediately receive an email from Timelio confirming your registration. This email will also include the Supplier Agreement.

The Supplier Agreement is between You and Timelio outlining the Terms and Conditions of the program.

Why am I asked to confirm my company Bank details when I register on the Timelio Platform?

This is for your security. We want to make sure any payments made to you are to the correct account.

This is a good way to have the information checked for accuracy, and to make sure you are who we think you are, before any payments are made.

Why do I need to get authorisation from a company Director, when registering for Icon’s Early Payment Program?

If you are not authorised to agree to the Supplier Agreement on behalf of your company, you will be asked to invite a Director of the business to provide authorisation.

Requesting early payment
How do I find out if I have approved invoices for early payment?

As new invoices are approved for payment by Icon as part of their usual invoice payment processes, you will receive an email from Timelio inviting you to take up the offer of early payment.

Whether you make a request for early payment is entirely up to you and the needs of your business at the time.

You might not choose early payment one month, but the next you might decide it is the right outcome for your business.

Once I’ve registered, how do I get my invoices paid early on a regular basis?

Now that you are registered for the Icon Early Payment Program, your effort is minimal.

• You will get notified by email when you have newly approved invoices from Icon.

• Simply log into your Timelio account and select which of these invoices you would like to get paid early, and when.

• Once approved for early payment the funds are paid.

• The email will come from Timelio, so keep an eye out for it!

Once I elect early payment on approved invoices, can I request the funds to be paid the same day?

The earliest you can get paid is 2 business days from the date you elect early payment.

Icons payment cut off times are currently 1.30pm (AEST). if you elect early payment on Wednesday before 1.30pm (AEST), the earliest date you can choose to be paid is Friday (assuming there are no public holidays in between)

if you elect early payment on Wednesday after 1.30pm (AEST), the earliest date you can choose to be paid is the following Monday (assuming there are no public holidays in between)

I have received an email from Icon confirming that my invoice/claim has been approved, however I cannot see or action this on the Timelio Platform.

Typically, there is a delay of 1 business day between when you receive the email from Icon confirming approval of the claim, and when you can elect early payment.
As new invoices are approved for early payment, you will receive an email from Timelio inviting you to take up the offer of early payment.

You can then log into the Timelio platform and select which of these invoices you want to get paid early, and when.

Are there payment cut off times?

Yes.

If you request early payment before 1.30pm (AEST) – The earliest you can choose to be paid is 2 business days.

If you request early payment after 1.30pm (AEST) - The earliest you can choose to be paid 3 business days

Early payment is not available on invoices within 5 business days of the due date.

What is the minimum duration I can have an invoice paid early?

5 days. Early payment requests are not available on invoices within 5 business days of the due date.

Can I amend payments I have set in the future?

Yes. If you have elected early payment on an invoice for payment in the future, you can log in and amend that payment date anytime. So long as you do this before the current payment due date.

The Due Date for my invoice on the Platform is wrong. How do I adjust it?

If you believe the due date is incorrect, please do not elect early payment. Contact the friendly team at Timelio by phone on 1300 38 63 63, or by email info@timelio.com.au

The invoice amount approved is different to what Icon have approved.

If you believe the amount is incorrect, please do not elect early payment. Contact the friendly team at Timelio by phone on 1300 38 63 63, or by email info@timelio.com.au

Will the retention be available for early payment?

No, early payment does not extend to retentions.

Fees
What is the cost of the program?

It’s free to register for Icon’s Early Payment Program.

If you choose to receive early payment, a small fee applies. The fee is largely influenced by duration and is made up of a fixed service fee of 0.40% ex GST and a discount rate of 1.40%* per 30 days. The discount rate is applied daily

Do I get a GST tax invoice for GST paid on any part of the fees I pay?

Yes. You pay GST on the service fee.

Once your invoice has been paid as part of the Early Payment Program, you will receive an email from Timelio confirming payment. Included in this email will be a GST tax invoice for the service fee.

Can I see what fees I will be paying for each individual invoice/claim before I finalise my request for early payment?

Yes. Within the Timelio platform, you will be able to see a dashboard, that is specific to your business.

When you request early payment on invoice(s), you will be able to see the following information before you finalise your request.

• Fees associated with the request.
• The amount you will get paid (less fees)
• the date you have chosen to get paid

Who can I contact if I have more information?

If you have additional questions about Icons Early Payment Program, please contact your friendly team at Timelio. by phone on 1300 38 63 63, or by email info@timelio.com.au

Help
Who can I contact if I want more information?

If you have additional questions about Icons Early Payment Program, please contact your friendly team at Timelio by phone on 1300 38 63 63, or by email info@timelio.com.au

Get in touch

1300 386 363

info@timelio.com.au

Level 7, 222 Exhibition Street,
Melbourne, VIC, 3000

1300 386 363

info@timelio.com.au

Level 7, 222 Exhibition Street,
Melbourne, VIC, 3000

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