Company number: SC122029
and approved by Mark Fraser
Average time taken to pay invoices: 70 days
Invoices paid:
Invoices due but not paid within agreed terms: 64%
30 days
60 days
Proserv’s standard payment terms state that payment of third-party invoices for goods and services will be made within 60 days of receipt of a correct, undisputed and properly due VAT invoice. In certain circumstances, where it has been agreed in writing by a duly authorised representative, Proserv’s standard payment terms may differ from the standard of 60 days. In any event, the payment terms that apply are clearly stated on each purchase order issued / raised.
Answer not provided
N/A
60 days
No further comment provided
N/A
Doing the Right thing in the Right way is at the core of Proserv’s FRESH values and, as such, the business endeavours to resolve all queries / disputes in a fair and timely manner. Queries / disputes are resolved by discussion and agreement with a supplier and are typically managed by the buyer responsible for the affected purchase order.
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
Yes
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
No
No