| 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 Apr 2020 - 30 Sept 2020 | 14 Oct 2020 | 58 | 34% | 49% | 17% | 22% |
| 01 Apr 2019 - 30 Sept 2019 | 17 Oct 2019 | 54 | 36% | 56% | 7% | 11% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payments terms are Net 60 days, which are stated on our purchase order that we send to external vendors.
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
70
The first point of contact for any invoice dispute are Accounts Payable Team. Where invoice dispute remains unresolved then its escalated to the procurement department. Requisitioner is involved if dispute remains unresolved i.e. the person who raised the PO. Lastly the Commodity Manager for the Region.
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
KODAK ALARIS LIMITED is a global technology company that specializes in providing innovative solutions for capturing, managing, and sharing information. The company was founded in the United Kingdom in 2013 and is a subsidiary of Eastman Kodak Company.
The company's sustainability program is focused on reducing their environmental impact and promoting responsible business practices. They have implemented various initiatives such as reducing waste and energy consumption, using sustainable materials in their products, and promoting recycling.
KODAK ALARIS LIMITED offers a wide range of products and services, including document scanners, software solutions, and professional services for document management. Their products are designed to help organizations streamline their document processes and improve efficiency.
Some key people in the company include Ralf Gerbershagen, the President and General Manager of the company, and Don Lofstrom, the Chief Financial Officer. They also have a team of experienced executives and engineers who are dedicated to providing high-quality products and services to their customers.
The company's website is www.alarisworld.com, where customers can learn more about their products and services, as well as access support and resources. Their registered office address is Alaris House, Earls Gate Business Park, Earls Gate, Grangemouth, FK3 8ZE, United Kingdom.
In summary, KODAK ALARIS LIMITED is a leading technology company with a strong focus on sustainability and providing innovative solutions for document management. With a dedicated team and a wide range of products and services, they are committed to helping organizations improve their efficiency and reduce their environmental impact.