Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 16 | 50% | 35% | 14% | 13% |
| 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 part of IQVIA, a global group that provides data, analytics, technology and services to the life sciences and healthcare sectors. The group supports clinical development, real world evidence generation, commercial strategy, and safety and regulatory compliance for pharmaceutical, biotech and healthcare organisations worldwide. Its offerings include large-scale healthcare datasets, AI-driven analytics platforms and consulting to help partners accelerate research, market products and improve patient outcomes. Registered in the UK under company number 00634325 and based in Reading, this entity forms part of that wider international group. Company records list its business activities as advertising, market research and other business support services, reflecting elements of the group's commercial and analytical work carried out in the UK.
Generated from the company's website and Companies House records. Sources: imshealth.com · imshealth.com · imshealth.com