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, meaning payment is due 15, 30, or 60 days after the invoice date.
For B2B companies, Net Terms are more than a formality. They 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—helping finance teams track outstanding balances, prioritize collections, and improve overall 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.
👉 Want to test how Meteroid can help you implement Net Terms? Create your account for free.