Net Terms: How Meteroid Helps You Set Payment Deadlines That Work

Why net terms matter

Net terms, also known as payment terms, define the number of days a customer has to pay an invoice after it's issued. Common examples include Net 15, Net 30, or Net 60.

For B2B companies, net terms directly impact cash flow, influence Days Sales Outstanding (DSO), and shape how smoothly your accounts receivable process runs.

Clear, well-defined net terms help reduce billing disputes, improve cash-flow predictability, and build trust with customers, especially in enterprise sales cycles where procurement and finance approvals take time.

How Meteroid helps

Meteroid gives finance teams precise control over net terms while keeping billing operations consistent and automated.

You can configure net terms at multiple levels:

• Invoicing entity level: Define a default payment policy that applies across invoices issued by a specific legal entity.

• Plan level: Set custom net terms for enterprise plans or high-volume customers with negotiated payment conditions.

Meteroid automatically applies these net terms when generating invoices and uses them to dynamically manage invoice statuses. This helps finance teams track outstanding balances, prioritize collections, and improve cash-collection efficiency.

By embedding net terms directly into your billing logic, Meteroid reduces manual follow-ups and gives you clearer visibility into when revenue will actually land in your bank account.

Create your account for free and try configuring net terms in Meteroid.