Once your affiliates start making sales you can pay them at a specified time period as per your business model. For affiliate payouts and reports you can browse to CSSJockey Menu >> Paid Content >> Payouts.
On this screen you can see monthly reports for Total Sales, Total Payouts, Payout status for each month and a link to View and Pay commissions.
On this screen you will see list of affiliates who are expecting their commissions to be paid. You can pay their commissions via PayPal or Wire Transfer (TransferWise.com). Once paid, you can enter the transaction ID for future reference and Mark commissions as paid.