Score of 86/100 qualifies for PaymentCheck Certification
| 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 2024 - 31 Dec 2024 | 07 Feb 2025 | 29 | 68% | 0% | 32% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 31 Jul 2024 | 3 | 100% | 0% | 0% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 27 Jan 2024 | 6 | 100% | 0% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 29 Nov 2023 | 10 | 97% | 3% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 29 Nov 2023 | 34 | 80% | 12% | 8% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 31 Jul 2022 | 15 | 100% | 0% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 30 | 62% | 29% | 9% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days
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
60
We have a strict No PO No Pay policy all disputes are handled by the business area who have procured the Goods/Services direct with suppliers.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
ABRDN Fund Managers Limited, formerly known as Aberdeen Standard Investments, is a leading global investment management company based in Edinburgh, Scotland. They provide a wide range of financial products and services to institutional and individual investors across the world.
The company offers a variety of sustainable investment solutions, including ethical, socially responsible, and environmental funds. They have a dedicated team of experts who focus on integrating environmental, social, and governance (ESG) factors into their investment decisions, ensuring long-term sustainable growth for their clients.
ABRDN Fund Managers Limited is committed to promoting sustainability in all aspects of their operations. They have set ambitious environmental targets, such as reducing their carbon footprint and increasing their use of renewable energy sources. They also prioritize responsible investing and engagement with companies to drive positive change.
The key people at ABRDN Fund Managers Limited include its CEO, Stephen Bird, and its Chief Investment Officer, Rod Paris. The company has a team of over 1,000 investment professionals worldwide, who have expertise in a wide range of asset classes and investment strategies.
Their website, www.abrdn.com, provides comprehensive information about their products and services, as well as the company's sustainability efforts. The registered office address for ABRDN Fund Managers Limited is 10 Queens Terrace, Aberdeen AB10 1YG, United Kingdom.
In summary, ABRDN Fund Managers Limited is a leading investment management company with a strong commitment to sustainability. They offer a range of sustainable investment solutions and have set ambitious environmental targets. With a team of experienced professionals and a user-friendly website, the company is well-equipped to meet the diverse needs of their clients.
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