Published reports

BOTTOMLINE TECHNOLOGIES LIMITED

Company number: 08098450

This information is as reported by the business, and responses are in their own words.

Reporting period:

1 January 2018 to 30 June 2018

Report filed on:

19 November 2018

Approved by:

Paul Dharwar

Payment statistics

Invoices paid:

  • within 30 days: 93%
  • in 31 to 60 days: 4%
  • in 61 days or more: 3%

Late and disputed:

  • total value of payments due in the reporting period which have not been paid within the agreed period: £0
  • payments due in the reporting period which have not been paid within the agreed period: 75%

Payment terms

Shortest standard payment periods

0 days

Longest standard payment period

60 days

Standard payment terms

Most of our supplies are set up on 30 days,

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

60 days

No further comment provided

Any other information about payment terms

Bottomline pay everything on there ledger at point of the payment run regardless of whether it is due or not.

Dispute resolution process

The main point of contact for disputes is the Accounts Payable office in Reading. In response to a query (or dispute), the team there will check the status of the invoice and, if necessary, raise the query with the buyer who will contact the supplier to resolve the issue.

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.

Yes, this business has signed up to: Prompt Payment Code

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?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No