CISCO INTERNATIONAL LIMITED
Company number: 06640658
Reporting period:
29 July 2018 to 29 January 2019
Report filed on:
15 February 2019
Approved by:
Sajaid Rashid
Payment statistics
Average time taken to pay invoices: 52 days
Invoices paid:
- within 30 days: 20%
- in 31 to 60 days: 43%
- in 61 days or more: 37%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 58%
Payment terms
Shortest standard payment periods
5 days
Longest standard payment period
90 days
Standard payment terms
Cisco International Limited (CIL) standard payment terms are 60 days
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
Not applicable for the reporting period, no changes to the standard payment terms occurred during the reporting period
Dispute resolution process
Supplier can contact the accounts payable email alias or, notify their Cisco purchase order requestor. Contacting UK Accounts Payable support at the following: Cisco International Limited Attention: Accounts Payable 9-11 New Square Park Bedfont Lakes Feltham, Middlesex TW14 8HA United Kingdom VAT number: GB 938 8565 62 There is an SLA of 2 business days to respond to all queries received. Once received, the case will be reviewed taking into consideration the frequency and value of the current and expected transactions.
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?
Yes
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
Yes