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 | 23 Jan 2026 | 32 | 68% | 18% | 14% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 06 Aug 2025 | 31 | 64% | 21% | 15% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 29 | 66% | 27% | 7% | 33% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 20 | 83% | 15% | 2% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 06 Feb 2024 | 30 | 59% | 32% | 9% | 35% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 29 | 63% | 29% | 8% | 30% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 69% | 26% | 5% | 19% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 31 | 54% | 39% | 7% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 31 | 60% | 31% | 9% | 27% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jul 2021 | 27 | 65% | 33% | 2% | 22% |
| 01 Jul 2020 - 31 Dec 2020 | 25 Jan 2021 | 34 | 51% | 33% | 16% | 37% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Jul 2020 | 40 | 44% | 34% | 22% | 48% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 35 | 61% | 28% | 12% | 71% |
| 01 Jul 2018 - 31 Dec 2018 | 06 Feb 2019 | 29 | 65% | 27% | 8% | 75% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 29 | 64% | 30% | 6% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment is 60 days but some of the supplier terms can be 30 days or immediate payments.
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
The main point of contact for disputes is the Shared Services Center in Chennai. When an invoice is disputed, the supplier will receive an automated email 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. Temenos follows a no PO no pay policy. The PO number is communicated by Temenos' procurement team at the time of placing the order.
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.
❌
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.
❌
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.
❌
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
Temenos UK Limited is registered as a software publisher (SIC 58290) and is the UK company within the Temenos group, a banking technology business listed as Temenos AG (SIX: TEMN). The wider group develops core banking, digital banking, payments, wealth management and financial crime mitigation software used by banks and other financial institutions worldwide, offered on premises, in the cloud or as SaaS. Temenos states it has served core and digital banking clients globally since 1993 and operates offices across many countries. As the UK entity, Temenos UK Limited forms part of this international group's operations rather than being a separate standalone product business.
Generated from the company's website and Companies House records. Sources: temenos.com · temenos.com