JONES LANG LASALLE LIMITED
Company number: 01188567
Reporting period:
1 July 2022 to
31 December 2022
This report was filed on 27 January 2023
and approved by Emily Wood
Payment statistics
Average time taken to pay invoices: 32 days
Invoices paid:
- within 30 days: 70%
- in 31 to 60 days: 24%
- in 61 days or more: 6%
Invoices due but not paid within agreed terms: 11%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms are 60 days from date of receipt of a valid invoice and paid within the next payment run after falling due; JLL operates daily payment runs. Suppliers requiring shorter payment terms will need to write to the JLL procurement department and these are dealt with on a supplier by supplier basis.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
During the second half of 2021 a supplier payment improvement plan commenced. Further details can be found on the JLL website https://www.jll.co.uk/content/dam/jll-com/documents/pdf/company-information/supplier-payment-improvement-plan-sept-2021.pdf
Dispute resolution process
The main point of contact for disputes is the JLL Accounts Payable Shared Service Centre in Warsaw. If an invoice is disputed the supplier will receive an email indicating the invoice number and reason for rejection.
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, 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