Company number: 04596349
and approved by Mr. Nilesh Parmar
Average time taken to pay invoices: 27 days
Invoices paid:
Invoices due but not paid within agreed terms: 36%
30 days
Answer not provided
Standard contractual terms is 30 Days, however there are different range of terms.
Answer not provided
N/A
90 days
No further comment provided
N/A
The Business operates a standard 3-way match for most goods/services ( Purchase order, goods receipt and Invoice). Settlement of a payment takes place in the Accounts Payable department via the 3 way match. If a 3 way match is not possible the end user/receiver of the goods/services are contacted by the AP department to resolve the query. If end user cannot resolve the query we obtain manual approval with the respective head of department and manually release the payment to the supplier. All disputes are aimed to be resovled within the contractual terms where possible. Suppliers should contact the Accounts Payable department with all queries - Accounts@accord-healthcare.com
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