Score of 81.47/100 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 2025 - 31 Dec 2025 | 21 Jan 2026 | 19 | 86% | 14% | 0% | 21% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 25 | 71% | 26% | 3% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 34 | 69% | 23% | 8% | 32% |
| 01 Jan 2024 - 30 Jun 2024 | 02 Aug 2024 | 44 | 56% | 27% | 18% | 52% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 11 | 97% | 3% | 1% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 11 | 94% | 6% | 0% | 33% |
| 01 Jul 2022 - 31 Dec 2022 | 18 Jan 2023 | 12 | 95% | 5% | 0% | 34% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Sept 2022 | 14 | 95% | 5% | 0% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Feb 2022 | 16 | 93% | 6% | 1% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 22 Feb 2022 | 18 | 89% | 10% | 1% | 19% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Feb 2022 | 17 | 88% | 12% | 1% | 23% |
| 01 Jan 2020 - 30 Jun 2020 | 22 Feb 2022 | 14 | 93% | 6% | 1% | 35% |
| 01 Jul 2019 - 31 Dec 2019 | 24 Jan 2020 | 46 | 34% | 40% | 26% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 16 Sept 2019 | 31 | 49% | 28% | 24% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The default position for third party vendors is net 30 days from date of invoice. Terms in place with specific vendors may vary however, based on contractual agreements.
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 individual responsible for initiating the purchase must inform the vendor of any query or dispute immediately upon receipt and must inform Procurement, Accounts payable and Finance team of this. Payment will be whitheld until a satisfactory resolution is confirmed. Finance will intervene if the matter continues unresolved.
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
PEGASYSTEMS LIMITED is a leading technology company that provides innovative solutions for businesses to improve their operations and customer experience. The company was founded in 1983 and is headquartered in Cambridge, UK.
Their sustainability program focuses on reducing their environmental impact by implementing green initiatives, such as using renewable energy sources and reducing waste. They also have a strong commitment to social responsibility, regularly engaging in charitable activities and investing in the communities they operate in.
PEGASYSTEMS offers a range of products and services that help organizations streamline their processes, increase efficiency, and enhance customer engagement. Their flagship product, Pega Platform, is a cloud-based application development platform that allows businesses to create customized solutions for their specific needs. They also offer customer relationship management (CRM) and business process management (BPM) solutions.
The key people at PEGASYSTEMS LIMITED include Alan Trefler, the founder and CEO, who has over 30 years of experience in the technology industry, and Ying Chen, the Chief Financial Officer, with extensive financial expertise.
To learn more about PEGASYSTEMS and their products and services, you can visit their website at www.pega.com. Their registered office address is at One Cambridge Center, Cambridge, MA 02142, USA.
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