CONVERGYS INTELLIGENT CONTACT LIMITED

Company Information

Company Number
02714607
Registered Address
Pillsbury Winthrop Shaw Pittman Llp, Tower 42, Level 23, Old Broad Street, London, EC2N 1HQ
Status
Active
Employee Count
1,678
Turnover
£80,381,000
EBITDA
£2,956,000

Additional Details

Company Type
Private limited Company
Incorporated On
14 May 1992
Nature of Business
82990 - Other business support service activities not elsewhere classified
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
35 days
Shortest Period:0 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
55%
31-60 Days
35%
After 60 Days
10%
Not Paid Within Terms30%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2018-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2018 - 30 Jun 201831 Jul 20183555%35%10%30%

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 typical terms in EMEA are 30 days. We do have exceptions for certain suppliers when agreed upon.

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

30

Dispute Resolution Process

If our Accounts payable department receives an invoice and we do not have a PO to pay the invoice against we move the invoices to exception in our financial systems. We then reach out to the end user to gain a PO so we can make the payment. Accounts Payable also reviews statements that we receive from suppliers to make sure that we have the invoices in our systems. If Convergys does not have an invoice listed on a statement we reach out to the vendor to obtain the invoice and then work with the end user to create a PO if needed.

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

Convergys Intelligent Contact Limited is a leading global provider of customer experience and business process management solutions. Established in 1998, the company has over 125,000 employees in 31 countries, serving clients in various industries such as technology, healthcare, financial services, and telecommunications.

Their sustainability program focuses on reducing their environmental impact through energy conservation, waste reduction, and responsible sourcing. They also have initiatives to promote diversity and inclusion within their workforce and support local communities through volunteering and charitable donations.

Convergys offers a range of products and services to help businesses improve their customer experience, including omni-channel customer engagement, analytics, and digital transformation solutions. They also provide back-office support for various business processes such as finance and accounting, human resources, and IT services.

The key people at Convergys include Andrea Ayres, the Chief Executive Officer, and Andre Valentine, the Chief Financial Officer. The company's registered office address is at The Point, 37 North Wharf Road, London, W2 1AG. Their website address is www.convergys.com.

In summary, Convergys Intelligent Contact Limited is a global company that offers sustainable customer experience and business process management solutions. With a focus on diversity and community support, they aim to make a positive impact while helping businesses thrive.

Financial Metrics

Cash
£230,000
Net Worth
£55,663,000
Total Current Assets
£107,205,000
Total Current Liabilities
£52,175,000

Company Location