| 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 May 2019 - 31 Oct 2019 | 02 Dec 2019 | 48 | 21% | 52% | 27% | 11% |
| 01 Nov 2018 - 30 Apr 2019 | 02 Dec 2019 | 50 | 16% | 55% | 29% | 4% |
| 01 May 2018 - 31 Oct 2018 | 02 Dec 2019 | 53 | 14% | 47% | 39% | 4% |
| 01 Nov 2017 - 30 Apr 2018 | 31 May 2018 | 44 | 24% | 57% | 19% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most commonly used payment term for external (not HPE) suppliers is AP45 payment term - it means that the invoice should be paid not later than 45 days after end of the accumulation period. The accumulation period is 30 days starting 16th of calendar month, ending 15th of the following month. All invoices for Products and/or Services received by HPE entities will be aged based on the date a valid invoice is received. Payment terms differs for the suppliers from 0 days from invoice date up to 65 days after end of accumulation period.
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
65
In the event of the dispute between HPE and the supplier a compliant can be raised to the HPE CRC team by external platform by the suppliers and internal platform by HPE employees. This department will verify the compliant and resolve it. If the dispute is not resolved both parties can escalate it to senior representative, then if the settlement can not be met the matter can be referred externally.
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
Hewlett-Packard CDS Limited is a UK-registered company within the Hewlett Packard Enterprise (HPE) group, based at Winnersh Triangle, Berkshire. Its registered business activity is other information technology service activities, reflecting a role in technology consultancy and IT and telecommunications support within the wider group. HPE itself describes its global operations as centred on enterprise technology, bringing together AI, cloud and networking capabilities, alongside compute, storage, software and services offerings for organisations worldwide. This UK entity forms part of that international group's presence, supporting HPE's enterprise technology and consultancy activities in Britain rather than being an independently branded or standalone trading operation.
Generated from the company's website and Companies House records. Sources: hpe.com · hpe.com