CGI IT UK LIMITED
Company number: 00947968
Reporting period:
1 April 2023 to 30 September 2023
Report filed on:
17 October 2023
Approved by:
Darryl Eades
Payment statistics
Average time taken to pay invoices: 26 days
Invoices paid:
- within 30 days: 70%
- in 31 to 60 days: 28%
- in 61 days or more: 2%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 15%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
90 days
Standard payment terms
CGI’s standard payment terms are payment of invoices that are due, proper and correct net 45 days after receipt. Different payment terms are sometimes agreed with suppliers on a case by case basis. Some small/medium sized suppliers are paid within less days than the standard net 45 day payment terms. [Suppliers who provide goods and services to CGI for our public sector projects have a default payment term of net 30 days from receipt of invoice.]
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
All invoices should be sent for invoice processing to CGI IT UK Limited, ACCOUNTS PAYABLE, PO BOX 173, BRIDGEND, CF31 9AN, United Kingdom(ImagingSolutions.UK@cgi.com) Suppliers are encouraged to work closely with their CGI contact to understand the payment procedure and to provide timely and complete invoice details that are consistent with the CGI Purchase Order instructions.
Any other information about payment terms
No further comment provided
Dispute resolution process
In the event of invoice queries, including regarding late payment, suppliers can email ap.ss@cgi.com CGI will investigate and respond directly to the supplier’s query. Further information can be found at https://www.cgi.com/en/contact-resources
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: The 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.
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