<b>Net-7 is now the modal payment term, but only 38% of networks honor it on schedule</b>
Net-X = days after period close until you actually get paid.
— Net-7 advertised: 41% of networks ▏▏▏▏▏▏▏▏
— Net-7 paid on time (within 2 days): 38% of advertised ▏▏▏▏
— Weekly: 27% ▏▏▏▏▏
— Net-15: 21% ▏▏▏▏
— Net-30: 11% ▏▏
Advertised frequency and realized frequency diverge most at Net-7; the faster the promise, the larger the slippage. n=46 networks, 9-month payment-log sample.
Read: weight a network's payment term by its on-time rate before treating speed as a perk.
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<b>Net-7 is now the modal payment term, but only 38% of networks honor it on schedule</b>
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