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UNITE INTEGRATED SOLUTIONS PLC

Company number: 02402714

Reporting period:
1 July 2022 to 31 December 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 12 January 2023

and approved by Katherine Grafton

Payment statistics

Average time taken to pay invoices: 40 days

Invoices paid:

• within 30 days: 57%
• in 31 to 60 days: 36%
• in 61 days or more: 7%

Invoices due but not paid within agreed terms: 51 %

Payment terms

Shortest standard payment period

1 days

Longest standard payment period

45 days

Standard payment terms

UIS Standard payment terms are 45 days from invoice date. However due to the broad range of suppliers and services supplied or statutory requirements, actual supplier terms range from 1 to 45 days.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

45 days

Any other information about payment terms

N/A

Dispute resolution process

UIS suppliers are advised they must quote a valid purchase order number on all invoices and send to a dedicated email address to enable timely payment. Where a dispute arises the onus is on both the supplier and UIS buyer to resolve this. If resolution cannot be reached between parties, the next stage in the dispute resolution process is escalation to the Head of Department, Procurement Team or Legal Team (if necessary). The Accounts Payable team also support dispute resolution and suppliers can contact the team via a dedicated telephone line and email address. The Accounts Payable Team monitor and follow up on invoices in dispute on a weekly basis to assist with swift resolution.

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.

No

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