PROTIVITI LIMITED
Company number: 04482240
Reporting period:
1 July 2021 to 31 December 2021
Report filed on:
13 February 2022
Approved by:
Michael Buckley
Payment statistics
Average time taken to pay invoices: 38 days
Invoices paid:
- within 30 days: 81%
- in 31 to 60 days: 13%
- in 61 days or more: 6%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 20%
Payment terms
Shortest standard payment periods
1 days
Longest standard payment period
30 days
Standard payment terms
Standard Supplier terms are 30 days, we do not enter into any early settlement discounts.
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
30 days
N/A
Any other information about payment terms
A higher number of internal intercompany payments in this reported period had an impact on the numbers if excluded the average time to pay invoices would be 16 days, with 13% of payments falling outside terms
Dispute resolution process
Suppliers can contact the shared email inbox PurchaseLedgerUK@RobertHalf.net with any issues or call the accounts payable team directly.
Queries are investigated and followed up with the supplier to resolve the issue.
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