Company number: 00398426
and approved by Andrew Kyle
Average time taken to pay invoices: 20 days
Invoices paid:
Invoices due but not paid within agreed terms: 19%
30 days
Answer not provided
Brown Shipley accepts the payment terms of the Supplier when a contract is first entered into. Where no payment terms are specified by the Supplier, Brown Shipley will apply standard payment terms of 30 days from the date of invoice. Brown Shipley does not make any distinction between different suppliers and all suppliers are treated equally.
Answer not provided
N/A
30 days
No further comment provided
N/A
With effect from 1 October 2023, Brown Shipley has implemented a new invoicing system and decentralised the purchase ledger function therefore each function is now responsible for processing their own invoices. If a dispute were to arise between the Supplier and Brown Shipley all communication would be made directly to the function and relationship owner with the Supplier. in the unlikely event that the dispute cannot be resolved in this manner it would be escalated to a senior member of the Finance team. At Brown Shipley we aim to resolve issues on the day they arise if possible.
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.
Yes
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