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Advanced options

Customize how you get paid. From upfront deposits to monthly retainers and credit terms.

Control the commercial and financial context

A quote in Cord is not just a document; it’s a smart collection engine. In the right side panel of the quoter, you will find advanced options where you decide exactly how and when your client pays you.

1. Payment Terms and Advances

Unlike static quoters, Cord understands the reality of B2B where 100% upfront is rarely charged:

  • Cash (Advance + Balance): You can request a percentage as an advance (e.g., 50%). Upon quote approval, the system automatically splits the charge: the client will see a button to immediately pay the advance amount, and the remaining balance will be pending based on the agreed date.
  • Credit (Net 30 / Net 60): If you grant corporate credit, the immediate payment button will be hidden. The client will see a message confirming their order with 30 or 60-day credit. Payment will be automatically enabled when the due date is reached.

2. Recurring Payments (Subscriptions / Retainers)

If you are an agency, consultancy, or sell continuous services, you can turn any quote into an Automatic Monthly Retainer.

  • By activating the “Monthly recurring charge” option, the quote turns into a real Cord Payments subscription (see Monthly retainers).
  • The client will authorize their credit/debit card only once from the public link when approving the proposal.
  • From that moment on, the system will automatically charge the total amount every month and the money will drop directly into your bank account friction-free, automatically generating that cycle’s invoice (CFDI 4.0 in Mexico; whichever document applies in your country elsewhere).

3. Currencies and Exchange Rate Coverage (FX Lock)

  • Sales currency vs. accounting currency: In B2B, it’s common to quote in one currency (e.g. USD or EUR) to protect against devaluation, but keep your books in your country’s currency (e.g. MXN, COP, BRL). Cord solves this natively whenever the two differ.
  • FX Lock (Frozen rate for 30 days): When you create a quote in a currency other than your business’s accounting currency, Cord fetches a real, dated exchange rate from an external provider (never a made-up rate — if no source responds, the quote isn’t created in that currency). You can apply a coverage buffer percentage on top of that spot rate to protect your margins. Once the quote is sent, Cord freezes the applied rate (FX Lock) for up to 30 days: if the exchange rate moves tomorrow, the accounting total keeps using the rate that was locked, protecting the commercial relationship and your profits.
  • Validity: Set the commercial validity days. If the quote expires, the Magic Link will block approval.
  • Terms and Conditions: Space for cancellation policies, delivery times, or warranties. This text accompanies the client in both the interactive web view and the final PDF.