SITA INFORMATION NETWORKING COMPUTING UK LIMITED
Company number: 03995063
Reporting period:
1 July 2019
to 31 December 2019
This report was filed on 11 February 2020
and approved by Nicolas Husson
Payment statistics
Average time taken to pay invoices: 47 days
Invoices paid:
- within 30 days: 25%
- in 31 to 60 days: 64%
- in 61 days or more: 11%
Invoices due but not paid within agreed terms: 28 %
Payment terms
Shortest standard payment period
40 days
Longest standard payment period
45 days
Standard payment terms
SITA's standard payment terms are 45 days from invoice receipt, assuming that the goods of service have been delivered in accordance with the purchase order. All suppliers are notified of SITA's standard terms when negotiating pricing with SITA's purchasing teams. Full details of SITA's standard terms and conditions can be found at https://www.sita.aero/others/terms-and-conditions
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
45 days
Any other information about payment terms
N/A
Dispute resolution process
SITA seeks to have an open, constructive and effective relationship with all suppliers. We ask suppliers to direct their query or issue to the most appropriate individual or department who will help to expedite the resolution of any question or problem they may have. We ask that they always attach the PO and/or invoice details to the request.
For general purchasing queries, please contact SITA.Purchasing@sita.aero.
For queries on a particular PO, please contact the buyer indicated on the PO at the email address printed on the on the PO.
For queries related to invoicing and payments, please send an email to FinanceHelpdesk@sita.aero. You can also call the Finance Helpdesk Hotline at +420 272 181 700.
SITA will endeavour to resolve any dispute reasonably.
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.Yes – The 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.
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