What is Net Terms?

Definition

A credit arrangement where payment is due a set number of days after invoicing, e.g. Net 30.

In depth

Terms shape cash flow. EazyCXM applies them per customer and drives dunning from the due date automatically.

Quotes & Finance

Related terms

More on Quotes & Finance

CPQ

Software that helps sales teams configure products, apply correct pricing and generate accurate quotes quickly.

Quotation

A formal document offering products or services at stated prices and terms.

Sales Order

A confirmed customer order that authorises fulfilment and billing.

Invoice

A document requesting payment for goods or services delivered, with tax and totals.

Net Terms, made practical

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