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Terms Calculator app for iPhone and iPad


4.8 ( 8768 ratings )
Business Utilities
Developer: Torsten Heitmann
Free
Current version: 2.2, last update: 7 years ago
First release : 04 Jun 2014
App size: 1.5 Mb

This app will help you to find the right term for your
deal.
The app shows you the financial impact of a chosen payment term in terms of capital bound and interest. Graphically the chosen term is compared to a previously defined standard term.
This will support your position in negotiations.
It will also consider side effects like shipping
dates or payment behaviors where the impact is sometimes difficult to estimate.
This app is useful for buyers and sellers!
For quick sales term calculations the app provides a calculator showing how much a price should be increased to cover up for discounts and interest lost due to prolonged payment terms.
You will also find an overview on standard term and their effective Days-Sales-Outstanding.