ClockoutWhat is net 15?
Net 15 is a payment term meaning the full invoice amount is due within 15 days of the invoice date.
Net 15 explained
Net 15 is a shorter payment cycle than the standard Net 30. Freelancers and consultants who use Net 15 collect payment roughly twice as fast, improving cash flow. The tradeoff is that some enterprise clients may push back on shorter terms. Net 15 works best with small businesses, startups, and clients you have an established relationship with.
Example
A consultant sends a $5,000 invoice on March 1 with Net 15 terms. Payment is due by March 16. With Net 30, the same payment wouldn't arrive until March 31 — a 15-day cash flow difference.
How this connects to Clockout
Clockout supports any payment term including Net 15. Automated reminders adjust to the due date you set, so shorter payment windows still get timely follow-up.
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Questions, answered
Frequently asked questions
What is net 15?
Net 15 is a payment term meaning the full invoice amount is due within 15 days of the invoice date.
Why does net 15 matter for freelancers?
Clockout supports any payment term including Net 15. Automated reminders adjust to the due date you set, so shorter payment windows still get timely follow-up.
From definition to workflow
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