Company number: 08774160
and approved by Martine Gerow
Average time taken to pay invoices: 20 days
Invoices paid:
Invoices due but not paid within agreed terms: 6%
5 days
60 days
GBT Travel Services UK Limited’s standard payment terms state that payment of third party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due VAT invoice and PO number (if any), unless otherwise agreed in writing by a duly authorised representative. GBT Travel Services UK Limited reserves the right to refuse payment of part or all of any invoice which is not submitted in accordance with the conditions above. If GBT Travel Services UK Limited disputes an invoice amount, it shall pay any amount it believes is due for payment and liability for payment of the balance shall be determined by agreement between the Parties acting reasonably or, failing such agreement, in accordance with law.
Answer not provided
N/A
60 days
No further comment provided
N/A
The firm has a dedicated Finance Service Desk which is reachable by email (GBT.P2P.INVOICES@amexgbt.com) & by raising a ticket internally via employee service desk portal. Suppliers with invoice queries need to contact this team and if the service desk team is not able to resolve they can escalate the issue to the accounts payable/disbursements team. The accounts payable team will reach out to the invoice contact if not clear from the system why the invoice has not been approved for payment.
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Prompt payment code
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
Yes
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