KPMG DELIVERY NETWORK ADVISORY SERVICES LTD
Company number: 13458164
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
28 January 2026
Approved by:
David James Brown
Payment statistics
Average time taken to pay invoices: 57 days
Total value paid:
- within 30 days: £16,764,916 (41%)
- in 31 to 60 days: £20,905,872 (51%)
- in 61 days or more: £3,338,667 (8%)
Invoices paid:
- within 30 days: 11%
- in 31 to 60 days: 69%
- in 61 days or more: 20%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £18,972,968
- payments due in the reporting period which have not been paid within the agreed period: 77%
- not made in the reporting period due to a dispute: 9%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Except as outlined below, the Company’s preferred payment terms with third party suppliers (including other KPMG member firms which provide services to the Company) are 30 days. That is to say, the Company shall make payment within 30 days of the date of receipt of a correct and complete invoice. If any of the information specified as a mandatory requirement under our supplier invoicing guides is omitted from the invoice, the invoice will be rejected and the supplier will be required to re-submit a correct invoice for processing (with such processing not commencing until all of the required information has been provided). Standard payment terms with third party suppliers that the Company contracts using the Company’s standard purchase order terms or standard contracting templates are 60 days from the date of receipt. Standard purchase order terms are used by exception for smaller transactions if: (i) the Supplier does not use standard agreements and the transaction itself does not warrant the use of the Company’s standard contracting terms; or (ii) Purchase Order terms are used as an interim step and in order to meet more immediate sourcing requirements.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
KPMG’s core values include being committed to our communities and acting with integrity. We therefore endeavour to resolve all disputes in a fair and timely manner. The Company has a Global Procurement function which is responsible for the supplier relationships including ongoing management of supplier contracts. Through this, the Company engages collaboratively with suppliers to ensure parties are appropriately informed of their requirements and perspectives and manages disputes and issues with suppliers.
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 Fair 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