Company number: 03282075
and approved by Stefan Oswald
Average time taken to pay invoices: 11 days
Invoices paid:
Invoices due but not paid within agreed terms: 4%
30 days
Answer not provided
30 Days Standard Payment
Answer not provided
N/A
30 days
No further comment provided
N/A
Alphabet (GB) Limited has a dedicated accounts payable team that offers support and advice to our suppliers on payment practices. They work in close collaboration with other key stakeholders in the Alphabet business and around BMW Group UK who are involved with the supplier payment process, such as our Supplier Relationship Management Team. Our accounts payable team can be contacted between 8.30am and 5.15pm either by telephone or email. A member of the team takes responsibility for the investigation, co-ordination and resolution for each case and to ensure that all parties are kept up to date with the progress of the query. In addition, Alphabet provide an online remittance service which enables suppliers to self-service and view their payments from Alphabet online. This system is updated via an overnight process so all payments are visible within 24 hours of payment. Alphabet (GB) Limited is part of BMW Group UK and is authorised and regulated by the Financial Conduct Authority.
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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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
No
No