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SITA INFORMATION NETWORKING COMPUTING UK LIMITED

Company number: 03995063

Reporting period:
1 January 2022 to 30 June 2022

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

This report was filed on 13 July 2022

and approved by Nicolas Husson

Payment statistics

Average time taken to pay invoices: 27 days

Invoices paid:

• within 30 days: 76%
• in 31 to 60 days: 21%
• in 61 days or more: 3%

Invoices due but not paid within agreed terms: 3 %

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

97% of UK small businesses were paid within 60 days, out of which 93% were paid within 30 days

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