Payment Terms

Payment terms define the money mechanics of a contract: the amount, the schedule, the accepted payment methods, and what happens if payment is late. They cover whether payment is due up front, on delivery, or on net terms, and often include late fees or interest on overdue amounts.

These are among the most important details in any agreement, because they determine your cash flow and when to invoice. They are also the details most easily lost once a contract is signed and filed. Popform extracts payment amount and payment date from signed documents so the numbers land somewhere you can act on them.