SITA INFORMATION NETWORKING COMPUTING UK LIMITED
Company number: 03995063
Reporting period:
1 January 2021
to 30 June 2021
This report was filed on 2 September 2021
and approved by Nicolas Husson
Payment statistics
Average time taken to pay invoices: 44 days
Invoices paid:
- within 30 days: 57%
- in 31 to 60 days: 31%
- in 61 days or more: 12%
Invoices due but not paid within agreed terms: 17 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
60 days
Standard payment terms
SITA's standard payments terms are 45 days from invoice receipt, assuming that the goods or services have been delivered in accordance with the purchase order.
All suppliers are notified of SITA's standard terms when negotiating pricing with SITA's purchasing teams.
Full details of SITA’s standard terms & conditions can be found at https://www.sita.aero/others/terms-and-conditions
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
Any other information about payment terms
N/A
Dispute resolution process
SITA seeks to have an open, constructive and effective relationship with all suppliers. We ask suppliers to direct their query or issue to the most appropriate individual or department who will help to expedite the resolution of any questions or problem they may have. We ask that they always attach the PO and/or invoice details to the request.
For general purchasing queries, please contact SITA.Purchasing@sita.aero
For queries on a particular PO, please contact the buyer indicated on the PO at the e-mail address printed on the PO
For queries related to invoicing and payments, please, send an email to Financehelpdesk@sita.aero.
You can also call the Finance Helpdesk Hotline at +420 272 181 700
SITA will endeavor to resolve any dispute reasonably.
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 – PPC
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.
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