ABELLIO SCOTRAIL LTD
Company number: SC450732
Reporting period:
1 April 2022 to 30 September 2022
Report filed on:
27 October 2022
Approved by:
Paul Wright
Payment statistics
Average time taken to pay invoices: 45 days
Invoices paid:
- within 30 days: 73%
- in 31 to 60 days: 10%
- in 61 days or more: 17%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 27%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
30 days
Standard payment terms
Standard payment terms are 30 days.
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
Abellio ScotRail aims to settle all valid invoices within 30 days. A valid invoice must include all relevant information to allow the invoice to be paid. The overall average days will include delays as a result of invoices received without all the relevant information.
Any other information about payment terms
Abellio ScotRail has not been trading during the 6 month reporting period, having ceased trading on 31 March 2022. The activity during the period has therefore reflected an unwinding of the trade creditors position and the resolution of legacy matters. Due to the nature of these legacy matters, and the additional checks that are required, the number of days to pay has lengthened. This has not been to the detriment of our suppliers who are aware of the processes and controls within the business in its current form.
Dispute resolution process
Purchase Order Processed Invoices - Limited number of disputes arise for suppliers processed on this basis as amounts are pre-agreed prior to any commitment being made. Any actual cost variances to the agreed amount are assessed by the business, approved and raised with the supplier directly. In some cases, invoices are received without the correct information (for example, an incorrect/expired purchase order number). Abellio ScotRail proactively works with suppliers where issues are identified, so the supplier can provide the correct details and the invoice can be paid on time.
For other invoices, any issues will arise on the approval of payment of the invoice by the business. Resolution is therefore handled by the ordering manager and the supplier. However it is key to note that Abellio ScotRail must maintain robust procure to pay policies and invoices received without a purchase order can cause delay to the procure-to-pay process and payment of invoices due.
Where agreement cannot be reached in both of the above cases, this is escalated through the relevant business departments and management team (including Finance) to resolve.
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