Industry ranking
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 32 | 34% | 65% | 1% | 54% |
| 01 Jan 2025 - 30 Jun 2025 | 21 Jul 2025 | 24 | 62% | 37% | 1% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 04 Feb 2025 | 30 | 49% | 50% | 1% | 30% |
| 01 Jan 2024 - 30 Jun 2024 | 19 Jul 2024 | 32 | 44% | 55% | 1% | 33% |
| 01 Jul 2023 - 31 Dec 2023 | 19 Jan 2024 | 37 | 27% | 69% | 4% | 63% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 39 | 38% | 44% | 18% | 45% |
| 01 Jun 2022 - 31 Dec 2022 | 30 Jan 2023 | 42 | 39% | 33% | 28% | 37% |
| 01 Jan 2022 - 30 Jun 2022 | 19 Jul 2022 | 42 | 43% | 30% | 27% | 34% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 39 | 49% | 32% | 19% | 26% |
| 01 Jan 2021 - 30 Jun 2021 | 19 Jul 2021 | 45 | 45% | 31% | 24% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 06 Jan 2021 | 41 | 52% | 33% | 15% | 9% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 45 | 47% | 13% | 40% | 33% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 45 | 51% | 9% | 40% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 56 | 40% | 13% | 47% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 57 | 40% | 13% | 47% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 54 | 33% | 21% | 46% | 47% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Xerox releases payment of invoices on or before the sixtieth (60th) calendar day after the supplier's correct invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Xerox endeavors to process all payments of invoices from all suppliers by their due date. Public sector aligned suppliers are paid within 30 days from receipt of correct invoice. For non-public sector suppliers the payment terms are 45 days from receipt of invoice. Reasons for Xerox not being able to pay based on agreed terms include receiving late or non-compliant invoices, invoices that are in dispute and our practices to consolidate payments into batches of an efficient size on a weekly payment run or monthly-preferred terms. Xerox also continues to promote its mature Procurement Card program which was established to ensure an efficient and timely payment process for suppliers.
Maximum contractual payment period agreed
75
At Xerox, we aim to resolve disputes or queries regarding invoices and payment as quickly as possible. Should a supplier have an invoice query they can contact Xerox Accounts Payable, who will advise if the invoice has been approved or rejected by the Requistioner and/or when it is due for payment based on the agreed contractual payment terms. If Xerox Accounts Payable team is not able to resolve the query, they will escalate the issue with the internal stakeholders (Including the Requistioners), to investigate why the invoice has not been approved for payment and work to resolve the issue. This may be due to incorrect dates/quantity/price issues, which should get resolved between the Supplier and the Requisitioner within 30 days of the receipt of the invoice. Xerox have a weekly review meeting to analyse the status of any Parked invoices which are not goods receipted, with the aim of resolving these queries between the Supplier and Requistioner, by chasing up the Requistioner for regular resolution updates, prior to reaching 60 days from receipt of the invoice. If it is determined between the Supplier and Requistioner that the invoice is in fact incorrect, a credit note to cancel the incorrect invoice should be issued by the Supplier and a new invoice submitted for the correct amount.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Xerox (UK) Limited is the UK entity of the Xerox group, incorporated in 1937 and based in Uxbridge. Companies House records show its activities as wholesale of office machinery and equipment, other information technology service activities, and renting and leasing of office machinery including computers. Its website markets business printers, multifunction devices and digital printing solutions alongside digital services such as document capture, workflow automation, accounts payable processing and customer communication management, plus managed IT and print services. These offerings are aimed at sectors including public sector, healthcare, financial services and retail, reflecting the wider Xerox group's technology and service portfolio delivered through this UK operation.
Generated from the company's website and Companies House records. Sources: xerox.co.uk · xerox.co.uk