What are the standard payment terms for customers using OpenSesame's product?

The standard payment terms for customers using OpenSesame's product are typically NET 30. This means that the full invoice amount is due within 30 days from the date of the invoice. These terms are common in business transactions, allowing customers some flexibility with their cash flow while also providing sellers a reasonable timeframe to receive payment.

Offering NET 30 terms can enhance customer relationships by making it easier for customers to manage their expenses, and this time window helps maintain a steady cash flow for both the seller and the buyer. It's also important to note that while other terms like NET 7, NET 10, or NET 14 exist in various businesses, they are generally used for specific contexts or agreements and are less common than NET 30 for typical organizational purchases like those offered by OpenSesame.