Company number: 10219781
and approved by Colm Gleeson
Average time taken to pay invoices: 25 days
Invoices paid:
Invoices due but not paid within agreed terms: 0%
60 days
Answer not provided
Upon Lenovo’s request, Supplier will issue invoices electronically and also comply with any local country requirement for tangible invoices forms. Unless the PO states otherwise, payment will be due net sixty (60) days after Lenovo receives Supplier’s valid invoice. Lenovo shall make a single monthly payment for all payable invoices that have become due. Supplier’s invoice will list the quantity of products and/or services purchased, reference this PO number and if applicable, the Lenovo agreement under which the products and/or services are being purchased under.
Answer not provided
N/A
60 days
No further comment provided
There might be different payment terms. The application for a non standard payment term need special approval from Lenovo management team depends on business requirement
Due to payment cycle, there might be few days delay on the payment If there is any special payment term required, there is additional required process and approval needed. Accounts payable team will deal with individual cases, the procurement team if required will support the process.
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