Billing
Swingvy charges are based on your subscription plan and billing cycle. You are billed for the total number of invited employees including 'active' and 'onboarding' statuses. This also includes the seat for the account admin.
Upon adding/inviting new employees, a new invoice will be generated for the additional charges. Again, the charges will depend on your subscription plan and billing cycle.
Any updates about changes in your subscription (billing activity) will be sent to you.
Yearly contract
Despite the first invoice being paid for the invited employees, additional invoices will be generated upon adding a new employee on the next billing date.
Example:
Subscription start date: 1st January 2019
Billing cycle: Annual (1st January 2019 - 31st December 2019)
New employee added: 15th March 2019
Additional invoice date: 1st April 2019
New employee subscription duration: 17 days and 9 months
Additional invoice charge:
Total number of new invited employee * [((plan price per month / 31 days) * 17 days) + (plan price per month * 9 months)]
Note:
- The charges for the additional invited employees will be prorated from 15th March 2019 until 31st December 2019
- You will be receiving an automated email on the subscription update (billing activity)
Monthly contract
Renewal invoices will be generated every month for monthly subscriptions. The charges will depend on the current 'total number of invited employees' regardless if they are on 'active' or 'onboarding' statuses. Should you have any new invited employees within the month, the prorated charges will be included in the next billing invoice.
Example:
Subscription start date: 1st January 2019
Billing cycle: Monthly (1st January 2019 - 31st January 2019)
New employee added: 15th January 2019
Additional invoice date: 1st February 2019
New employee subscription duration: 17 days
Additional invoice charge:
Total number of new invited employee * (plan price per month / 31 days) * 17 days
Note:
- The charges for the additional invited employees will be prorated from 15th January 2019 until 31st January 2019
- You will be receiving an automated email on the subscription update (billing activity)
See also