ROBERTSON FACILITIES MANAGEMENT LIMITED
Company number: SC185956
Reporting period:
1 April 2020 to 30 June 2020
Report filed on:
8 February 2021
Approved by:
Irene Wilson
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 46%
- in 31 to 60 days: 44%
- in 61 days or more: 10%
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: 64%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
Payment will be made 45 days after the date of a valid invoice unless otherwise agreed. Suppliers are paid on a weekly basis by BACS.
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
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Any invoice received by Robertson FM must quote a valid Purchase Order number and must be 'Goods Received' ("GRN'd"). Any Purchase Order that is not GRN'd or if there is a positive variance against the PO, the invoice is sent back to the relevant Site Administration team for authorisation to make payment. All invoice queries, which cannot be resolved by Finance, are passed to the site team who will liaise with the supplier directly. As part of the month-end process, Finance will issue the site teams with a list of outstanding invoice queries for their review. This process is currently ongoing to ensure that all invoices are paid in a timely manner and within agreed payment terms.
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.
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