GOV.UK
ROCHE DIAGNOSTICS LIMITED
Company number: 00571546
Reporting period:
1 July 2018
to 31 December 2018
This report was filed on 15 January 2019
and approved by Hayet Achboun
Payment statistics
Average time taken to pay invoices: 34 days
Invoices paid:
- within 30 days: 66%
- in 31 to 60 days: 21%
- in 61 days or more: 13%
Invoices due but not paid within agreed terms: 38 %
Payment terms
Shortest standard payment period
0 days
Longest standard payment period
60 days
Standard payment terms
Our standard payment terms are 60 days net, but our payment terms are negotiated on a case by case basis.
Were there any changes to the standard payment terms in the reporting period?
Yes – On a case by case basis after consultation.
Were suppliers notified or consulted about these changes before they were made?
Yes – Changes to the payment terms are communicated either by telephone or email.
Maximum contractual payment period agreed
90 days
Any other information about payment terms
N/A
Dispute resolution process
1) Disputed invoices are queried with the supplier immediately after the discrepancy is noticed. Most common queries are in relation to
pricing, quantities and missing purchase order numbers. Queries are made in writing and list the type of query and all the required
details. The invoices are then held pending resolution. This process is owned by our Accounts payable team.
2) Accounts payable deal with the supplier responses and process credit notes to release invoice payments.
3) Accounts payable liaise with internal points of contact to get the queries resolved as soon as possible.
4) Accounts payable liaise with suppliers to obtain and process any missing invoices and to confirm payment details.
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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.No
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.
No
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