PA CONSULTING SERVICES LIMITED
Company number: 00414220
Reporting period:
1 July 2020 to 31 December 2020
Report filed on:
26 January 2021
Approved by:
Ruairidh Cameron
Payment statistics
Average time taken to pay invoices: 28 days
Invoices paid:
- within 30 days: 79%
- in 31 to 60 days: 16%
- in 61 days or more: 5%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 39%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
30 days
Standard payment terms
Payment terms are agreed with suppliers as part of contract negotiations. The most common payment terms for invoices within the reportable period are 30 days from date of invoice
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
No further comment provided
Dispute resolution process
PA Consulting Services Limited aims to resolve disputes or queries regarding invoices and payments as swiftly as possible. It has a dedicated Accounts Payable team that can be contacted directly on +44-(0)1763-267222 and AccountsPayableHelpdesk@paconsulting.com. To reduce the risk of a payment delay, it is necessary for all supplier invoices to be billed correctly, to display a valid Purchase Order and be submitted electronically on creation to APInvoicesONLY@paconsulting.com
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: 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