FLEETCOR EUROPE LIMITED
Company number: 03341120
Reporting period:
1 July 2019 to
31 December 2019
This report was filed on 20 February 2020
and approved by Anita Kravos
Payment statistics
Average time taken to pay invoices: 17 days
Invoices paid:
- within 30 days: 82%
- in 31 to 60 days: 4%
- in 61 days or more: 14%
Invoices due but not paid within agreed terms: 42%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
We establish standard payment terms with supplies. Most commonly these are either 14 or 30 days from the invoice date. If standard terms are changed with suppliers, we communicated these with our suppliers.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Dispute resolution in handled between our suppliers and their relevant business contacts.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No