Published reports

FUJITSU SERVICES LIMITED

Company number: 00096056

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 April 2019 to 30 September 2019

Report filed on:

3 October 2019

Approved by:

Anthony Pipe

Payment statistics

Average time taken to pay invoices: 51 days

Invoices paid:

  • within 30 days: 25%
  • in 31 to 60 days: 59%
  • in 61 days or more: 16%

Late and disputed:

  • total value of payments due in the reporting period which have not been paid within the agreed period: £0
  • payments due in the reporting period which have not been paid within the agreed period: 22%

Payment terms

Shortest standard payment periods

60 days

Longest standard payment period

90 days

Standard payment terms

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

90 days

No further comment provided

Any other information about payment terms

SME's are on 30 day payment terms

Dispute resolution process

Invoices should arrive at Fujitsu quoting a fully valid Purchase Order (PO) number. If there are any discrepancies, the supplier is notified either by Accounts Payable department and/or the PO owner. Where a PO does not exist, the invoice is rejected back to the supplier.

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.

Yes, this business has signed up to: Prompt Payment Code

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.

Yes

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