ConstructionOnline’s fully integrated Invoicing toolkit has expanded options for comprehensive cloud-based management of construction invoices with new Custom Terms – now available in ConstructionOnline™ Invoicing. New Custom Terms allow for construction companies to create and apply Payment Terms outside of the default Payment Terms originally offered in ConstructionOnline™ Invoicing.Since the release of Invoicing in 2020, ConstructionOnline™ has offered standard Payment Terms of Net 15, Net 30, Net 60, and Due Upon Receipt. Now, construction companies can create custom Payment Terms to best fit a variety of business models and financial needs.
When Creating a New Term, ConstructionOnline™ Company Users will find that they are able to define terms as such -
- Due in a fixed number of days
- Due by a certain day of the month
- Due the next month if issued within X number of days of due date
Invoicing for ConstructionOnline™ continues to be a widely popular solution for construction professionals who seek to maximize the substantial financial, operation, and organizational ROI that can be found by uniting construction estimating, job costing, and invoicing in a single project management software like ConstructionOnline™.
To learn more about ConstructionOnline™ Invoicing & Financials, contact UDA Technologies at 1-800-700-8321.