CISCO INTERNATIONAL LIMITED
Company number: 06640658
Reporting period:
31 July 2022 to 28 January 2023
Report filed on:
14 February 2023
Approved by:
Jonathan Elstein, Sajid Rashid
Payment statistics
Average time taken to pay invoices: 37 days
Invoices paid:
- within 30 days: 57%
- in 31 to 60 days: 38%
- in 61 days or more: 5%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 25%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
90 days
Standard payment terms
https://www.cisco.com/c/en/us/about/supplier-information/access-non-manufacturing-supplier-connection/existing-supplier-guidelines-information/payment-terms.html?utm_source=CAM
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
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Supplier can contact the accounts payable email alias, or notify their Cisco purchase order requestor. Contacting UK accounts payable support at the following: Cisco International Limited Attn: Accounts Payable 9-11 New Square Park Bedfont Lakes Feltham, Middlesex TW14 8HA United Kingdom There is an SLA of 2 business days to respond to all queries received. Once received, the case will be reviewed taking into consideration the frequency and value of the current and expected transactions.
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.
Yes
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?
Yes
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
Yes