WORLDLINE IT SERVICES UK LIMITED

Company number: 08514184

Reporting period:
1 January 2018 to 30 June 2018

This information is as reported by the business, and responses are in their own words.

This report was filed on 30 July 2018

and approved by Lisa Coleman

Payment statistics

Average time taken to pay invoices: 47 days

Invoices paid:

within 30 days: 39%
in 31 to 60 days: 39%
in 61 days or more: 22%

Invoices due but not paid within agreed terms: 65%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

60 days

Standard payment terms

For SMEs Worldline has standard payment terms of 60 days end of month. For other suppliers Worldline has standard payment terms of 60 days end of month.

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

90 days

No further comment provided

Any other information about payment terms

N/A

Dispute resolution process

For information regarding Atos Supplier Profile, Invoices, Payments, Disputes, Purchase orders or access to Atos Supplier Portal, please contact Atos at atos.ap.eu@mailuk.custhelp.com. Alternatively, our Customer Service representatives are available Monday through Friday to provide you with assistance from 10:00 am to 4:00 pm (GMT) at: 0800-028-22-55 (Free phone from UK) / +353 1 407 6701 Option 1 and 2 (Out of Country). If supplier queries are not resolved within a reasonable timeline the matter will be escalated to the Atos Procurement Leadership team.

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, this business has signed up to: 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.

Yes

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.

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?

Cookies on Payment practices reporting