AGILISYS LIMITED
Company number: 04327369
Reporting period:
1 April 2020 to
30 September 2020
This report was filed on 27 October 2020
and approved by Gabriel Pirona
Payment statistics
Average time taken to pay invoices: 33 days
Invoices paid:
- within 30 days: 50%
- in 31 to 60 days: 35%
- in 61 days or more: 15%
Invoices due but not paid within agreed terms: 42%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
45 days
Standard payment terms
Standard payment terms for external and intercompany suppliers is 30 days. The standard payment terms for contractors is 15 days. However, these terms do vary on occasion based on the individual agreements with suppliers.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
45 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Any payment disputes are first addressed by the member of staff managing the contract and/or the AP manager. If the parties are unable to reach a resolution, it may be referred to the relevant department head and, where necessary, the firm’s Financial Controller or the in house General Counsel.
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.
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