TEMENOS UK LIMITED
Company Information
- Company Number
- 01972767
- Registered Address
- Fifth Floor, 71 Fenchurch Street, London, EC3M 4TD
- Status
- Active
- Employee Count
- 309
- Turnover
- £40,367,000
- EBITDA
- -£5,924,000
Additional Details
- Website
- https://temenos.com
- Company Type
- Private limited Company
- Incorporated On
- 19 December 1985
- Nature of Business
- 58290 - Other software publishing
- Industries
- Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 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 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 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% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
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
Dispute Resolution Process
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.
Other Payment Information
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
Company Summary
TEMENOS UK LIMITED is a global provider of banking and financial software solutions. The company was founded in 1993 and is headquartered in London, UK. It has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact.
The company offers a wide range of products and services including core banking systems, digital banking solutions, risk and compliance management, wealth management, and data analytics. These solutions are designed to help financial institutions improve their operations, increase efficiency, and deliver an enhanced customer experience.
TEMENOS UK LIMITED has a team of highly experienced and skilled professionals, led by its CEO, Max Chuard. The company has a strong presence in the UK and has established partnerships with leading financial institutions in the country. It also has a global presence with offices in more than 40 countries.
In terms of sustainability, TEMENOS UK LIMITED has taken various measures to reduce its carbon footprint. It has implemented energy-efficient practices in its offices, reduced paper usage, and encourages remote working to reduce transportation emissions. The company also supports various charitable causes and has a corporate social responsibility program in place.
To learn more about TEMENOS UK LIMITED and its products and services, interested individuals can visit their website at www.temenos.com. The registered office address is 6th Floor, 10 Finsbury Square, London EC2A 1AF, United Kingdom. The company can also be contacted via email at info@temenos.com or by phone at +44 (0) 20 7423 3000.
