| 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 2019 - 30 Jun 2019 | 21 Oct 2019 | 12 | 89% | 9% | 2% | 92% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Business does not have Standard payment terms; the most frequently used terms are 30 days net
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
For any disputes or queries concerning payments, suppliers should address all enquiries in the first instance, through to the Accounts Payable Team at grassvalley.invoices@belden.com, or alternatively, to call the Accounts Payable Team on 0031-77-3878 363. The Accounts Payable Team will then be able to acknowledge the dispute or query, and revert back to the supplier with an update as quickly as possible, after checking their internal systems, and if required, after liaising with other internal departments – to hopefully provide a swift resolution for all parties. Timescales of a full resolution would depend on the complexity and nature of the dispute or query, but the Accounts Payable Team will respond back on the initial query email, or telephone call, on receipt thereof.
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
Grass Valley Broadcast Solutions Limited is a UK registered entity within the Grass Valley group, an international media technology business with a history dating back to 1959. The wider group designs and supplies broadcast production technology, including cameras, switchers, routers, playout and editing systems, and the AMPP cloud-based media processing platform used by broadcasters, content creators and media companies for live production, content management and distribution. Its Companies House classification covers wholesale of electronic and telecommunications equipment, consistent with a UK arm supplying this hardware and software into the broadcast market. No further detail on the entity's specific operational role separate from the group is available in the evidence supplied.
Generated from the company's website and Companies House records. Sources: grassvalley.com · grassvalley.com