| 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 2019 - 31 Dec 2019 | 29 Jan 2020 | 26 | 67% | 24% | 9% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 09 Jul 2019 | 18 | 73% | 19% | 8% | 27% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 38 | 64% | 28% | 8% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 38 | 54% | 36% | 10% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
90 days payment from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
The main point of contact for disputes is the Global Shared Services Centre (located in India). When an invoice is rejected an email is sent indicating the invoice number and reason for rejection. To resolve a dispute, the supplier is required to provide any missing information or a corrected invoice.
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
IQVIA SOLUTIONS UK LIMITED is a leading global healthcare intelligence company that provides innovative solutions for clients in the life sciences industry. The company offers a wide range of products and services that help clients make informed decisions and improve patient outcomes.
The sustainability program of IQVIA SOLUTIONS UK LIMITED is focused on reducing the environmental impact of its operations. This includes implementing energy-efficient practices, reducing waste and promoting sustainable sourcing. The company also encourages its employees to participate in community service and charitable initiatives.
The key people at IQVIA SOLUTIONS UK LIMITED include the CEO, Ari Bousbib, and the Managing Director, UK & Ireland, Magnus Franzen. Both have extensive experience in the healthcare industry and are committed to driving the company's growth and success.
IQVIA SOLUTIONS UK LIMITED can be contacted through their website, which also provides information about their products and services. The company's registered office address is 210 Pentonville Road, London, N1 9JY, UK.
In conclusion, IQVIA SOLUTIONS UK LIMITED is a reputable healthcare intelligence company that offers sustainable solutions, products and services to help clients make informed decisions and improve patient outcomes. With a strong leadership team and a commitment to sustainability, the company continues to make a positive impact in the industry.