| 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 2020 - 31 Dec 2020 | 29 Jan 2021 | 45 | 48% | 34% | 18% | 50% |
| 01 Jan 2020 - 30 Jun 2020 | 27 Jul 2020 | 50 | 53% | 26% | 21% | 47% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 52 | 41% | 34% | 25% | 58% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 37 | 60% | 26% | 14% | 40% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 31 | 69% | 23% | 8% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 32 | 70% | 23% | 7% | 36% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
45 days from receipt of invoice. http://www.mmc.com/suppliers.html
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
45
Helpdesks and contact details as well as process information available on www.mmc.com
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
The Benefit Express Limited is a UK registered company associated with Mercer, a group now rebranding as Marsh People and Investments. Companies House records describe its activities under other information technology service activities and head office activities, indicating a role providing IT or administrative support functions within the wider group rather than operating as a standalone consumer-facing business. The group itself, trading as Mercer and transitioning to the Marsh name, offers services spanning health and benefits, investments and retirement, and workforce and rewards consulting. As a subsidiary entity, The Benefit Express Limited's own function appears limited to supporting these group-wide technology or head office operations rather than delivering client-facing advisory services directly.
Generated from the company's website and Companies House records. Sources: mercer.com