Company number: 00275552
and approved by Adam Cuadra
Average time taken to pay invoices: 30 days
Invoices paid:
Invoices due but not paid within agreed terms: 19%
90 days
95 days
Standard Payment Terms are 90 +2 days from the end of the month in which the expenditure is incurred. Any deviation from the Standard Payment Terms must be justified in the New Vendor Form prior to submission to Sourcing Function
Answer not provided
N/A
95 days
No further comment provided
N/A
If a supplier has a complaint or dispute they will contact the UKIRL Accounts Payable department based in Wiltshire in the first instance, usually via email. The AP team will look into the status of the invoice and try and resolve the complaint with the supplier. If AP cannot resolve the complaint the AP team member will put the supplier in contact with the Buyer who requested the good/service. Danone follow a no PO no pay policy. The PO number is communicated by the Buyer to the Supplier at the point of placing an order. Danone reserve the right to reject invoices without PO's back to the Supplier
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