Company number: OC364213
and approved by SAM PLANT
Average time taken to pay invoices: 76 days
Invoices paid:
Invoices due but not paid within agreed terms: 48%
14 days
60 days
Please note the statistics for the ageing of invoices paid between 1 June 2017 – 31st May 2018 are not considered a fair reflection of business as usual due to the Company going live on SAP on 5th June 2017. This created a delay in the processing of invoices as the business had a freeze on accounts payable for cut over purposes. Statistics for the latter part of the financial year are expected to be much improved.
Answer not provided
N/A
60 days
Standard contractual payment terms for goods and services is 30 days from end of month. For travel and telephone providers the standard contractual terms are 14 days. The maximum contractual period is 60 days
N/A
The point of contact for disputes is the PZ Cussons Accounts Payable Department, within the Shared Services Centre in Manchester, UK. When an invoice is disputed, the supplier will receive an email indicating the invoice umber and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice. PZ Cussons Beauty LLP adopt a no PO no pay policy.
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.
No
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