Company number: 03203279
and approved by Laura Bell
Average time taken to pay invoices: 61 days
Invoices paid:
Invoices due but not paid within agreed terms: 46%
30 days
60 days
Most third party terms are 60 days, but critical suppliers can be paid on 30 days. Fresenius Group supplier terms are 180 days from the date of the invoice. As we pay a lot of intercompany invoices this distorts the average payment terms.
Answer not provided
N/A
60 days
No further comment provided
N/A
Where invoices received from suppliers do not match to expected values or units from purchase orders, contact is made with the supplier to discuss and amend invoice as appropriate with a view to a swift resolution of the dispute.
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