Best Net Terms Solutions for Medical Device Manufacturing

The medical device manufacturing industry faces unique financial challenges that demand specialized payment solutions. With healthcare providers and hospital systems increasingly demanding extended payment terms (Net 60-90 days) while maintaining pressure on suppliers' margins, medical device manufacturers must balance competitive sales strategies with healthy cash flow. The average medical equipment transaction reaches $230,000—100 times larger than other verticals—making payment term flexibility a critical competitive differentiator. For manufacturers looking to offer flexible payment terms without jeopardizing their financial stability, Resolve's B2B Net Terms platform provides a comprehensive solution that addresses these specific industry challenges through non-recourse financing, instant credit approvals, and seamless integration with existing financial systems.

Key Takeaways

• Medical device manufacturers need net terms solutions that handle high-value transactions ($230K average), extended payment terms (Net 60-90), and maintain healthy cash flow through immediate funding
• Non-recourse financing eliminates credit risk while providing instant approvals and rapid funding, addressing the medical device industry's extended payment cycle challenges
• AI-powered platforms deliver instant credit decisions and automated cash application with high match rates, reducing manual reconciliation for complex invoices
• Industry-specific platforms offer specialized features like healthcare ERP integrations, hospital GPO payment processing, and security/compliance documentation
• Mid-market manufacturers ($10M-$100M revenue) benefit most from platforms offering quick implementation (2-6 weeks) with strong ecommerce integration capabilities
• Comprehensive AR automation with seamless ERP integration enables medical device companies to manage the entire credit-to-cash lifecycle efficiently

1. Resolve Pay – AI-Powered Non-Recourse B2B BNPL

Resolve Pay offers medical device manufacturers a unique advantage: non-recourse financing that eliminates credit risk while providing instant approvals and 24-hour funding. Unlike traditional factoring or payment processors, Resolve takes on the credit assessment, credit decision, and majority risk of late payments or defaults, allowing medical device companies to offer net terms without jeopardizing their cash flow.

Best For

Medical device manufacturers need to offer net terms without credit risk, with instant approvals supporting high-value B2B transactions and ecommerce integration.

Key Features

• Non-recourse financing eliminates merchant credit risk completely
• AI-powered instant credit decisions with up to 100% invoice advance
• Enterprise ERP integration supporting NetSuite, QuickBooks, and SAP
• Automated AR workflow with payment reminders and collections management
• 24-hour funding cycles that address extended payment term challenges
• Seamless integration with Accounts Receivable with AI-Powered Automation

Medical Device Relevance

Resolve's platform is particularly valuable for medical device manufacturers who need to extend credit to healthcare providers, hospitals, and distributors while maintaining healthy cash flow. The platform's ability to advance up to 100% of invoice value within 24 hours directly addresses the industry's extended payment cycle challenges. With hospital systems increasingly demanding Net 60-90 terms, having a solution that manages the entire credit-to-cash lifecycle is essential.

The non-recourse nature of Resolve's financing means medical device manufacturers can confidently offer competitive payment terms to grow their customer base without worrying about default risk. This is particularly valuable in the medical device sector where building long-term relationships with healthcare providers often requires flexible credit terms.

Customer Validation

Medical device manufacturers offering Net 60 terms through platforms with non-recourse financing can improve competitiveness against suppliers limited to shorter payment windows, helping to win deals that might otherwise be lost to financing constraints.

Resolve's AI-powered underwriting provides instant credit approvals compared to the multi-day processes typical of traditional methods, enabling medical device manufacturers to respond quickly to customer orders. The platform's automated collections management reduces the administrative burden on AR teams while maintaining professional customer relationships.

2. Billtrust

Billtrust has processed over $1 trillion in invoice dollars since its inception and has proven success specifically in the medical device sector. Their platform combines digital lockbox technology with AI-powered cash application that achieves up to 95%+ match rates for medical equipment transactions, significantly reducing manual reconciliation for complex invoices.

Large medical device manufacturers and distributors with complex AR needs, high transaction volumes, and hospital GPO relationships.

Key Features

• Digital Lockbox for automated virtual card processing
• AI-powered cash application with up to 95%+ match rates
• Level 2/3 card data capture for reduced interchange fees
• 40+ ERP connectors and 260+ AP portal integrations

Billtrust's medical equipment industry expertise is demonstrated through their deep understanding of hospital payment ecosystems. They handle the complex remittance data from merged healthcare systems that often creates cash application chaos for medical device manufacturers. Their platform addresses the $230,000 average medical payment size with specialized processing workflows.

3. Kapittx

Kapittx specializes in AI-powered AR automation for medical equipment manufacturers, focusing on automated cash application accuracy. Their platform focuses on mid-market manufacturers ($5M-$50M revenue) seeking affordable automation with strong analytics dashboards and flexible ERP support.

Mid-market medical device manufacturers ($5M-$50M revenue) wanting affordable AI-powered AR automation with strong cash application accuracy and real-time analytics.

Key Features

• AI-powered cash application with automated reconciliation
• Real-time analytics dashboards for AR performance monitoring
• Excel upload bridge for companies transitioning from manual AR
• Flexible ERP support with major platform integrations

Kapittx addresses the specific challenges faced by mid-market medical device manufacturers who often manage AR in Excel spreadsheets but lack the resources for enterprise-grade solutions. Their platform provides credit-risk visibility and automated payment reminders aimed at reducing DSO and improving collections efficiency.

4.  Emagia

Emagia offers enterprise-grade Order-to-Cash (O2C) transformation for global medical device manufacturers, featuring Agentic AI for complex workflow automation. Their platform supports multi-currency operations across 30+ countries with specialized deductions and chargebacks management for complex healthcare payment disputes.

Global enterprise medical device manufacturers ($100M+ revenue) requiring end-to-end O2C transformation with Agentic AI and complex deductions management.

Key Features

• Agentic AI for complex workflow automation
• Multi-currency support across 30+ countries
• 90%+ Straight Through Processing (STP) rates
• Significant DSO reduction and manual processing cost savings

Emagia's platform is designed for Fortune 500 medical device manufacturers who face complex international payment flows, multi-entity accounting structures, and sophisticated deduction management requirements. Their Agentic AI handles the intricate workflows common in global medical device supply chains, including hospital system consolidations and GPO contract compliance.

5. Paystand

Paystand provides blockchain-powered B2B payments and AR automation for medical device manufacturers, focusing on faster collections, automated reconciliation, and real-time payment visibility. Their platform eliminates payment friction through automated reconciliation and real-time payment tracking for high-value medical equipment transactions.

Medical device manufacturers seeking blockchain-powered payment processing with automated reconciliation and instant payment tracking.

Key Features

• Blockchain-powered B2B payment network
• Faster collections and automated reconciliation
• Automated reconciliation for complex medical equipment invoices
• Real-time payment tracking and settlement

Paystand's blockchain infrastructure provides the security and audit trail required for medical device manufacturers dealing with regulated healthcare payments. Their platform addresses the $230,000 average medical transaction size with specialized high-value payment processing that maintains compliance while eliminating payment friction.

6. Stripe

Stripe offers extensive developer tools and API documentation among payment platforms, supporting 135+ currencies for global medical device supply chains. Their robust fraud prevention and deep integration capabilities make them suitable for custom medical device workflows.

Medical device companies with in-house development teams needing robust global payment processing with extensive customization capabilities.

Key Features

• Extensive developer tools and API documentation
• Global payment acceptance in 135+ currencies
• Deep integration capabilities with customization options
• Robust fraud prevention with global reach

Medical device manufacturers often require custom integrations with internal systems, regulatory databases, and specialized workflows. Stripe's extensive APIs enable these customizations while their global reach supports international medical device supply chains and sales operations across diverse healthcare markets.

7. Bill.com

Bill.com provides comprehensive AP/AR automation with specialized net terms capabilities for medical device suppliers. Their platform offers flexible payment options that help medical device manufacturers meet hospital system requirements while maintaining cash flow through early payment options.

Medical device manufacturers seeking comprehensive AP/AR automation with healthcare-specific net terms capabilities.

Key Features

• Comprehensive AP/AR automation platform
• Flexible payment terms configuration (Net 30/60/90)
• Early payment options for cash flow management
• Healthcare-specific compliance and security features

Bill.com's platform addresses the dual challenge faced by medical device manufacturers: managing their own accounts payable while offering competitive terms to healthcare customers. Their net terms capabilities enable manufacturers to extend payment terms to hospital systems while maintaining their own cash flow through strategic early payment options with suppliers.

8. Melio

Melio specializes in SMB-focused payment solutions, offering flexible payment options that can be useful for medical device suppliers working with smaller buyers. Their platform provides simplified payment processing tailored to smaller medical practices.

Medical device manufacturers serving smaller clinics and healthcare providers needing simplified payment processing.

Key Features

• SMB-focused payment processing platform
• Flexible payment options, including ACH, card, check, and pay-over-time for eligible businesses
• Multiple payment method support (ACH, credit card, check)
• Streamlined payment workflows

Melio addresses the unique needs of medical device manufacturers serving smaller healthcare providers who may not qualify for traditional corporate credit lines. Their platform provides accessible payment options that enable smaller clinics to purchase necessary medical equipment while maintaining manageable payment terms for both parties.

9. Fundbox

Fundbox offers business financing for B2B companies, including medical device manufacturers, helping them maintain working capital through revolving credit facilities and term loans. Their platform provides flexible financing options that enable manufacturers to support growth and operational needs.

Medical device manufacturers need working capital solutions to support business growth and operational expenses.

Key Features

• Business lines of credit for working capital
• Term loans for larger capital needs
• Fast application and approval process
• Flexible repayment terms

Fundbox's working capital approach provides medical device manufacturers with the financial flexibility needed to support business operations and growth. This is particularly valuable for manufacturers with seasonal sales cycles or those experiencing rapid growth in hospital system contracts.

10. Behalf

Behalf provides B2B BNPL solutions with specialized healthcare industry focus, offering instant credit decisions and flexible payment terms for medical device purchases. Their platform enables healthcare providers to access immediate financing while providing manufacturers with payment certainty.

Medical device manufacturers sell directly to healthcare providers who need instant BNPL capabilities with healthcare-specific underwriting.

Key Features

• B2B BNPL with instant credit decisions
• Healthcare-specific underwriting models
• Payment certainty for manufacturers
• Flexible payment terms (3-12 months)

Behalf's healthcare-specific underwriting models understand the unique financial profiles of medical practices and healthcare providers, enabling more accurate credit decisions than generic B2B platforms. This specialized approach increases approval rates for legitimate healthcare customers while maintaining risk management for manufacturers.

Choosing the Right Net Terms Solution for Your Medical Device Business

Selecting the right net terms solution for medical device manufacturing requires careful evaluation of your specific operational needs, transaction volumes, and growth trajectory. The medical device industry's unique challenges—including high-value transactions, extended payment terms demanded by hospital systems, and complex healthcare payment ecosystems—demand solutions purpose-built for these requirements.

For medical device manufacturers seeking to eliminate credit risk while maintaining healthy cash flow, Resolve Pay's non-recourse financing model offers a compelling solution. The platform's ability to advance up to 100% of invoice value within 24 hours while customers maintain their standard payment terms enables manufacturers to offer competitive net terms without jeopardizing their financial position. This becomes particularly valuable when working with hospital systems and healthcare providers who increasingly expect flexible payment options as a condition of purchase.

The instant credit approval capabilities powered by AI underwriting accelerate the order-to-cash cycle, enabling medical device manufacturers to respond quickly to customer orders without the multi-day delays typical of traditional credit evaluation processes. Combined with seamless ERP integration supporting NetSuite, QuickBooks, and other major platforms, Resolve Pay provides medical device manufacturers with a comprehensive platform that addresses both immediate cash flow needs and long-term customer relationship management.

As the medical device market continues its substantial growth trajectory, having a net terms solution that scales with your business while maintaining security, compliance, and operational efficiency becomes increasingly critical. Whether you're a mid-market manufacturer processing moderate transaction volumes or a growing medical device company looking to expand your hospital system relationships through flexible payment terms, the right platform serves as strategic infrastructure that supports sustainable growth.

Frequently Asked Questions

What are net terms and why are they important for medical device manufacturers?

Net terms are payment agreements that allow customers to pay for goods or services after a specified period (typically Net 30, 60, or 90 days). For medical device manufacturers, net terms are critical because hospital systems and healthcare providers increasingly demand extended payment terms as a condition of purchase. The average medical equipment transaction reaches $230,000, making payment flexibility a key competitive differentiator. Offering competitive net terms enables manufacturers to win deals they would otherwise lose to competitors with better financing options.

How does Resolve's AI-powered automation improve AR processes?

Resolve's AI-powered automation improves AR processes through automated cash application with high match rates, intelligent payment reminders, and collections management. The platform uses Large Language Models (LLMs) to automatically reconcile payments regardless of invoice structure, reducing manual reconciliation time significantly. AI agents manage dunning workflows, sending appropriate payment reminders based on customer payment history and risk profiles, which reduces Days Sales Outstanding (DSO) while maintaining professional customer relationships.

Is Resolve's invoice financing truly non-recourse for sellers?

Yes, Resolve's invoice financing is truly non-recourse for sellers. All cash advances are non-recourse so what you get is always yours to keep. Resolve takes on the credit assessment, credit decision, and the majority risk of late payments or defaults, allowing medical device manufacturers to offer net terms while protecting their cash flow. This non-recourse structure means manufacturers receive guaranteed payment regardless of whether their customers ultimately pay, eliminating bad debt risk from their financial statements.

What kind of integrations does Resolve offer with existing accounting and ERP systems?

Resolve offers comprehensive integrations with financial tech stack including QuickBooks Online, NetSuite, Sage Intacct, Oracle, and major ecommerce platforms like Shopify, BigCommerce, and Magento. The platform supports both one-click OAuth connections for simpler systems like QuickBooks and custom API integrations for complex ERP environments. All transactions automatically sync between Resolve and your accounting system, ensuring real-time financial reporting and eliminating manual data entry errors.

How quickly can medical device manufacturers get paid using Resolve?

Medical device manufacturers can get paid within 24 hours using Resolve. Resolve will advance pay up to 100% on invoices from approved customers, which means you get paid within a day while your customers get 30 or 60 days to pay. This immediate funding addresses the cash flow challenges created by extended payment terms demanded by hospital systems, enabling manufacturers to maintain healthy working capital while offering competitive financing to their customers.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.