Company number: SC079773
and approved by Gordon Du Cane
Average time taken to pay invoices: 53 days
Invoices paid:
Invoices due but not paid within agreed terms: 22%
14 days
Answer not provided
Standard contractual terms are not depending on trade of goods or services.
Answer not provided
N/A
60 days
No further comment provided
N/A
Vascutek’s Accounts Payable department is the first point of contact for invoice disputes. Most queries are centred around pricing queries between the purchase order and the supplier invoice. For this to be resolved, our Procurement department would have to check that the prices on the purchase order are correct. This being the case, the supplier would have to credit the invoice and re-issue a new one. All PO numbers are communicated by Vascutek’s Procurement department to the supplier and the requisitioner when the order is placed.
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