Payment Terms Checker

Analyze your payment terms for missing clauses, vague language, and compliance issues.

Payment Terms Text*

How it works

Paste your payment terms text into the analyzer.
The tool extracts payment deadlines (e.g., "Net 30", "Payment due within 14 days").
It flags missing important clauses like late fees, dispute procedures, and payment methods.
Provides suggestions to improve clarity and legal compliance.

Example

Example: Analyzing "Payment is due within 30 days of invoice date."

Analysis Results:

Inferred Payment Terms: Net 30 days
Issues: Missing late fee clause, Missing dispute window

Frequently Asked Questions

What should payment terms include?

Good payment terms should specify: payment deadline, accepted payment methods, late payment consequences, dispute procedures, and currency.

Is this analysis legally binding?

No, this is an analysis tool to help you identify potential issues. Always have payment terms reviewed by legal counsel for important contracts.

This analyzer provides suggestions for informational purposes only. Always review payment terms with legal counsel to ensure compliance with local regulations and your business needs.