Blog | Resolve

Best Net Terms Solutions for Oil & Gas Equipment Suppliers

Written by Resolve Team | Jun 18, 2026 7:16:17 AM

 

Oil and gas equipment suppliers often work in a high-value, payment-intensive environment where large orders, long procurement cycles, and project-based buying can create pressure on working capital. Buyers may expect Net 30, Net 60, or Net 90 terms, while suppliers still need cash available for inventory, payroll, logistics, and new purchase orders. That gap makes net terms management more than an invoicing issue. It becomes a growth, risk, and customer relationship challenge.

For suppliers that want to offer flexible terms without taking on the full burden of credit checks, collections, and delayed payment risk, B2B Net Terms from Resolve Pay provides a practical way to combine credit, payments, liquidity, and accounts receivable workflows in one platform. Resolve Pay helps merchants offer net terms, receive advance payment on approved invoices, and automate more of the credit-to-cash process through AI-powered underwriting, branded payment portals, and integrations with existing financial systems.

This guide compares Resolve Pay with other net terms, accounts receivable, payments, and AP automation platforms that may be relevant to oil and gas equipment suppliers. The focus is on cash flow support, credit risk management, buyer experience, workflow automation, and implementation fit for suppliers managing large B2B transactions.

Key Takeaways

  • Cash flow protection matters: Oil and gas equipment suppliers often need net terms solutions that help them offer buyer flexibility while preserving liquidity for inventory, fulfillment, and operations.
  • Resolve Pay reduces seller risk: Resolve Pay supports non-recourse advance payments on approved invoices, helping suppliers extend terms without carrying the full risk of late payments or defaults.
  • Credit decisions should be fast: AI-powered underwriting and streamlined business credit checks help suppliers approve qualified buyers faster than manual review workflows.
  • AR automation improves follow-through: Automated invoicing, reconciliation, payment reminders, and collections workflows help reduce manual effort across the credit-to-cash cycle.
  • Integration fit is critical: Suppliers benefit from net terms platforms that connect with accounting, ERP, ecommerce, and payment systems already used by their finance teams.
  • Resolve Pay is built for B2B sellers: For equipment suppliers that want flexible net terms, upfront cash flow, and a branded buyer experience, Resolve Pay provides a seller-focused platform built around B2B credit and receivables.

1. Resolve Pay, non-recourse net terms financing

Resolve Pay helps oil and gas equipment suppliers offer Net 30, Net 60, Net 90, and custom payment terms while supporting faster cash flow through advance payments on approved invoices. Unlike basic payment processing tools, Resolve Pay combines credit underwriting, net terms management, payment workflows, receivables automation, and collections support into one embedded B2B payments platform.

Best for

Oil and gas equipment suppliers that need to offer flexible B2B terms, reduce credit risk, and get paid faster on approved invoices without building a large internal credit and collections function.

Key features

  • Non-recourse advance payments on approved invoices
  • AI-powered credit decisions for qualified buyers
  • Accounts receivable automation for invoicing, reconciliation, reminders, and collections
  • Net terms management for credit checks, payment workflows, and collections support
  • Branded buyer payment portal that supports ACH, wire, credit card, and check payments
  • B2B payment workflows for net terms, reconciliation, and invoicing
  • Integrations with accounting, ERP, and ecommerce systems, including QuickBooks, NetSuite, Shopify, BigCommerce, Magento, WooCommerce, Xero, and Sage Intacct
  • Flexible API and checkout extensions for embedded net terms experiences

Oil and gas relevance

Resolve Pay directly addresses a common issue for oil and gas equipment suppliers: buyers may need time to pay, but suppliers still need cash to keep operations moving. Equipment orders can involve long procurement timelines, multiple stakeholders, and large invoices. When sellers extend terms manually, they often take on the burden of credit decisions, follow-up, collections, and potential bad debt.

Resolve Pay helps suppliers separate buyer flexibility from seller cash flow strain. The platform can advance payment on approved invoices while customers keep agreed-upon payment terms. This is especially useful for suppliers selling to exploration companies, drilling contractors, industrial service firms, and other B2B buyers with project-driven cash cycles.

The broader oil and gas market also faces volatility tied to global supply, demand, and geopolitical conditions. The U.S. Energy Information Administration has described global oil markets as a period of heightened volatility, which reinforces the need for suppliers to manage working capital carefully. The U.S. Small Business Administration also emphasizes the importance of financial planning and cash flow projections as part of sustainable business finance management.

For oil and gas equipment suppliers, a strong net terms system should do more than send invoices. It should help qualify buyers, streamline payment options, sync with financial systems, and reduce manual AR work. Resolve Pay supports these needs through AI-powered credit decisions, branded payment portals, automated reconciliation, and integrated collections workflows.

Customer validation

Resolve Pay is designed to help B2B sellers grow sales, increase customer buying power, and get paid faster on approved invoices. The platform supports a more flexible buyer experience while helping sellers protect working capital.

For suppliers comparing net terms options, Resolve Pay’s strength is its ability to bring credit expertise, invoice advance payments, embedded payments, and AR automation into a single platform. Features like business credit checks, integrations, and automated reminders help finance teams reduce manual work while maintaining a professional buyer experience.

2. Joltly

Joltly is an AP automation platform built for oil and gas operations. It focuses on workflows such as invoice processing, AFE coding, field ticket handling, and joint interest billing.

Oil and gas operators that need AP automation for internal payables workflows, vendor invoices, and oil and gas documentation.

Key features

  • AI-assisted invoice processing
  • AFE coding support
  • Field ticket workflow support
  • Joint interest billing workflows
  • ERP compatibility for oil and gas accounting environments

Oil and gas relevance

Joltly is most relevant for companies focused on accounts payable automation rather than seller-side net terms financing. For oil and gas suppliers, it may be useful when the primary need is processing incoming vendor invoices, coding transactions, and handling AP documentation. Suppliers that need to offer customer credit terms and improve cash flow may need a seller-focused net terms platform like Resolve Pay.

3. OpenInvoice by Enverus

OpenInvoice is an oil and gas AP automation platform within the Enverus ecosystem. It is commonly associated with invoice management, field ticket workflows, vendor collaboration, and source-to-pay processes.

Mid-market and enterprise oil and gas companies that need AP automation, procurement workflows, vendor invoice management, and documentation controls.

Key features

  • Digital invoice management
  • Field ticket workflow support
  • Vendor portal functionality
  • Source-to-pay process support
  • Oil and gas accounting and compliance workflow support

Oil and gas relevance

OpenInvoice is relevant for oil and gas companies that need structured AP and procurement workflows. It is generally more focused on buyer-side invoice and vendor management than seller-side net terms financing. Equipment suppliers that want to offer customer payment terms, receive advance payments, and automate AR may find Resolve Pay better aligned with sales-side cash flow needs.

4. Two

Two provides B2B payment terms and buy-now-pay-later workflows for business transactions, including equipment and industrial purchasing contexts.

B2B sellers that want to offer payment terms to business buyers through a third-party credit and checkout experience.

Key features

  • B2B credit decisioning
  • Buyer payment terms workflows
  • Checkout and invoice-based payment options
  • Fraud and risk screening capabilities
  • Support for larger B2B purchases

Oil and gas relevance

Two may be relevant for suppliers that want to support buyer financing or business payment terms in heavy equipment contexts. Oil and gas suppliers should evaluate how each platform handles seller cash flow, customer ownership, integrations, collections, and the level of control finance teams need over their credit-to-cash process. Resolve Pay is especially relevant when suppliers want a branded experience, seller-side AR automation, and advance payments on approved invoices.

5. Billtrust

Billtrust provides accounts receivable automation and B2B payments tools for companies managing invoicing, cash application, collections, and customer payment workflows.

Equipment suppliers and enterprise businesses that need AR automation, payment processing, cash application, and customer payment portal functionality.

Key features

  • Electronic invoicing
  • Cash application automation
  • Collections workflow support
  • Customer payment portal capabilities
  • Payment network and AP portal connectivity

Oil and gas relevance

Oil and gas equipment suppliers often work with buyers that use specific AP portals or structured invoice submission processes. Billtrust can support AR automation and payment acceptance workflows in these scenarios. Suppliers that also want embedded net terms, credit underwriting, and advance payments on approved invoices should evaluate Resolve Pay as a more focused option for combining payment flexibility with seller cash flow support.

6. Bill.com

Bill.com provides AP, AR, expense, and payment automation tools for businesses managing invoice approvals, bill payments, and financial workflows.

Suppliers that need general business payment automation, invoice management, and accounting workflow support.

Key features

  • Bill payment automation
  • Invoice management
  • AR and AP workflow tools
  • Accounting integrations
  • Digital payment options

Oil and gas relevance

Bill.com can support general finance operations for suppliers with varied payment workflows. It is most useful when a company needs broad back-office payment automation. Oil and gas equipment suppliers that need to offer net terms while reducing credit and collections risk may benefit from Resolve Pay’s seller-focused net terms and AR automation model.

7. Paystand

Paystand provides B2B payments and receivables automation with a focus on digital payment networks, payment tracking, and reconciliation.

B2B companies that want digital payment collection, receivables automation, and ERP-connected payment workflows.

Key features

  • Digital B2B payment network
  • Payment tracking
  • Automated reconciliation
  • ERP integrations
  • Receivables workflow support

Oil and gas relevance

For oil and gas equipment suppliers processing large transactions, digital payment tracking and reconciliation can improve AR visibility. Paystand may be useful for companies focused on payment collection and receivables workflows. Suppliers that need buyer credit underwriting, embedded net terms, and advance payments on approved invoices should compare those needs against Resolve Pay’s B2B payments platform.

8. Stripe

Stripe provides developer-friendly payment infrastructure, global payment methods, fraud tools, and APIs for companies that need custom payment workflows.

Equipment suppliers with technical teams that need custom payment flows, international payment acceptance, or API-based payment infrastructure.

Key features

  • Payment APIs
  • Multiple payment methods
  • International payment support
  • Fraud prevention tools
  • Developer-focused integration options

Oil and gas relevance

Stripe can support suppliers that need flexible payment acceptance and custom payment infrastructure. It is especially relevant for companies with technical teams and international sales workflows. For suppliers focused on B2B net terms, credit decisions, collections, and seller cash flow, Resolve Pay offers a more specialized option through net terms checkout and seller-side receivables automation.

9. TreviPay

TreviPay provides B2B trade credit, invoicing, and payment solutions for companies that need buyer credit programs and managed payment experiences.

Enterprise and global B2B sellers that need trade credit workflows, invoicing support, and buyer payment options across complex customer bases.

Key features

  • B2B trade credit workflows
  • Invoicing and payment support
  • Buyer account management tools
  • Managed collections workflows
  • Multi-market B2B payment support

Oil and gas relevance

TreviPay may be relevant for oil and gas equipment suppliers with global B2B buyers and trade credit needs. Suppliers should compare customer experience, implementation requirements, advance payment structure, integrations, and AR automation capabilities. Resolve Pay remains a strong fit for suppliers that want embedded credit expertise, non-recourse advance payments, and a branded payment experience.

10. American Express B2B Payment Solutions

American Express B2B Payment Solutions provides commercial payment tools supported by a major financial services network.

Large equipment suppliers and enterprise buyers that need established commercial payment options, reporting, and account support.

Key features

  • Commercial payment solutions
  • Transaction reporting
  • Payment security controls
  • Enterprise account support
  • Business payment acceptance options

Oil and gas relevance

American Express B2B Payment Solutions can be relevant for enterprise payment workflows and commercial card acceptance. Oil and gas equipment suppliers should consider whether they need payment acceptance alone or a broader net terms platform that includes credit decisions, AR automation, and advance payment support. For suppliers focused on extending buyer terms while preserving cash flow, Resolve Pay provides a more targeted B2B net terms and receivables automation platform.

Why Resolve Pay is the strongest net terms fit for oil and gas equipment suppliers

Oil and gas equipment suppliers need more than a payment processor. They need a system that helps them extend buyer-friendly terms, protect cash flow, reduce credit risk, and keep receivables organized across large and complex B2B transactions.

Resolve Pay brings those capabilities together in one platform. It helps suppliers:

  • Offer Net 30, Net 60, Net 90, and custom terms to qualified buyers
  • Receive advance payments on approved invoices
  • Use AI-powered underwriting for faster credit decisions
  • Reduce manual collections work through automated reminders and workflows
  • Accept ACH, wire, credit card, and check through a branded payment portal
  • Sync payment and invoice activity with accounting, ERP, ecommerce, and financial systems
  • Preserve customer relationships with a white-label buyer experience

This matters because working capital discipline remains a core finance priority. A Federal Reserve Small Business Credit Survey report notes that managing cash flow is one of the top financial challenges businesses face, and McKinsey has reported that working capital improvements can unlock 20 to 25% of cash tied up in operations. For oil and gas equipment suppliers, a reliable net terms platform can support both buyer flexibility and stronger internal cash flow controls.

Resolve Pay is especially well suited for suppliers that want to turn net terms into a growth tool rather than a balance sheet burden. By combining credit decisions, advance payment, AR automation, and payment workflows, Resolve Pay helps sellers offer flexible terms while keeping their own operations funded.

Frequently Asked Questions

What are net terms and why are they important for oil and gas equipment suppliers?

Net terms are payment agreements that allow business buyers to pay invoices after a set period, such as Net 30, Net 60, or Net 90. For oil and gas equipment suppliers, net terms can help win larger orders and support buyers with project-based cash cycles. The challenge is that suppliers still need liquidity to purchase inventory, pay teams, ship equipment, and fulfill new orders.

How does Resolve Pay help oil and gas equipment suppliers manage net terms and credit risk?

Resolve Pay helps suppliers offer flexible terms while reducing seller-side credit and collections burden. The platform supports AI-powered credit decisions, non-recourse advance payments on approved invoices, automated reminders, collections workflows, and a branded payment portal. This allows suppliers to offer buyer-friendly terms while protecting working capital.

Can Resolve Pay integrate with accounting, ERP, and ecommerce systems?

Yes. Resolve Pay offers financial stack integrations with systems such as QuickBooks Online, Xero, NetSuite, Sage Intacct, Magento, Shopify, BigCommerce, WooCommerce, and others. Its flexible API can also support custom ecommerce and financial workflows.

How does advance payment work with Resolve Pay?

Resolve Pay can advance payment on approved invoices so suppliers do not have to wait for the buyer’s full payment term to receive cash. The exact advance structure depends on buyer approval, credit assessment, invoice details, and Resolve Pay’s underwriting process. This helps suppliers offer terms while maintaining access to working capital.

Is Resolve Pay suitable for small and midsize oil and gas equipment suppliers?

Resolve Pay is designed for B2B sellers with established revenue that want to offer net terms, automate receivables, and get paid faster on approved invoices. It can be a strong fit for small and midsize oil and gas equipment suppliers that need to extend customer payment terms without adding heavy manual credit, collections, and AR workloads.

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.