Milestone Payments

Multi-stage contracts with automated stage gates.

Break large contracts into milestones. Each stage releases payment only after proof is uploaded and accepted — protecting both buyer and seller across the full contract lifecycle.

Contract: Arjun Pharma — Annual Supply Agreement
Milestone 1 — Q1 Delivery
Proof accepted · Apr 2026
₹2,40,000
Paid
2
Milestone 2 — Q2 Delivery
Proof uploaded · Awaiting approval
₹2,40,000
In Review
3
Milestone 3 — Q3 Delivery
Scheduled · Jul 2026
₹2,40,000
Pending
4
Milestone 4 — Q4 Delivery
Scheduled · Oct 2026
₹2,40,000
Pending
₹4,80,000 collected₹9,60,000 total
Key Features

Built for multi-stage contracts

📋

Stage Gate Enforcement

Each milestone payment is blocked until proof for that specific stage is uploaded and accepted by the buyer. No proof, no payment.

🔗

One Mandate, All Stages

Buyer registers a single eNACH mandate at contract start. Each milestone debit fires automatically on acceptance — no repeat bank visits.

📊

Real-Time Dashboard

Track every milestone's status, proof uploads, approval state, and payment history from a single contract view.

Deemed Approval

If the buyer doesn't dispute within the agreed window (e.g. 96 hours), payment fires automatically — eliminating passive delays.

🔔

Automated Reminders

System sends reminders to buyers at T-7, T-3, T-1 days before approval windows expire — no manual follow-up needed.

📄

GST-Ready Audit Trail

Every proof upload, approval, and debit timestamped and stored. Exportable records ready for GST reconciliation and audits.

Accepted Proof Types

What counts as delivery proof?

BizCollect accepts any evidence that confirms delivery or completion of a milestone stage.

📷

Photos & Videos

Timestamped delivery photos or unboxing videos uploaded directly.

🚙

E-Way Bills

GST e-way bill numbers verified against the invoice and order.

🛒

Gate Entry

Warehouse or factory gate entry receipts confirming receipt of goods.

📋

Inspection Reports

Third-party or internal quality inspection sign-offs for the batch.

Get Started

Govern your next big contract end-to-end

Request a demo and see how BizCollect's Milestone Payments can replace manual follow-ups with automated stage gates on every contract.

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