Score of 86.8/100 qualifies for PaymentCheck Certification
The average time taken for THE SOUTH YORKSHIRE COMMUNITY REHABILITATION COMPANY LIMITED to pay invoices has been fluctuating over the past three periods, with a decrease in the most recent period.
The volatility of the company's payment process has been high, with changes in the percentage of invoices paid within 30 days and between 31 and 60 days in each period.
From Mar 2019 to Feb 2021, the average time taken for THE SOUTH YORKSHIRE COMMUNITY REHABILITATION COMPANY LIMITED to pay invoices ranged from 18 to 30 days. The company showed improvement in the most recent period, with a decrease in the average time taken to pay invoices. There was also an increase in the percentage of invoices paid within 30 days, an improvement in the percentage of invoices paid between 31 and 60 days, and a decrease in the percentage of invoices paid later than 60 days. However, the percentage of invoices not paid within agreed terms remained relatively consistent throughout the three periods.
| 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 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 21 | 78% | 18% | 4% | 8% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 23 | 77% | 21% | 2% | 11% |
| 01 Sept 2019 - 29 Feb 2020 | 31 Mar 2020 | 20 | 65% | 23% | 12% | 17% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 18 | 17% | 77% | 6% | 16% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 30 | 57% | 31% | 12% | 21% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 29 | 57% | 33% | 10% | 28% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 29 | 64% | 22% | 14% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Sodexo Ltd payment terms for vendors across all business segments are 60 days from date of invoice and 30 days for SMEs
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
A process is in place for onboarding new suppliers whereby SMEs are identified and put on 30 days payment terms and all other suppliers are on 60 days payment terms
Maximum contractual payment period agreed
60
Supplier payment issues that arise in the first instance are addressed by a dedicated Accounts Payable queries team within the Financial Shared Services centre. Depending on the issue, the Procurement team may be involved to resolve any disputes or issues. Sodexo ensures that the payment of its vendors and handling of queries has a high priority and has SLAs on response times. Over the last number of years we have invested in tools and technology to assist our vendor from our Shared Service Centre with OCR and supply management by providing alternative finance and ease of payment solutions.
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 South Yorkshire Community Rehabilitation Company Limited is a company that provides rehabilitation services to individuals in the South Yorkshire area. They work with individuals who have been involved in the criminal justice system and aim to reduce reoffending and support their reintegration into society.
Their sustainability program focuses on reducing their carbon footprint and promoting environmental sustainability. They have implemented measures such as using renewable energy sources and promoting recycling and waste reduction within their offices.
The company offers a variety of products and services, including case management, probation supervision, and support for individuals with mental health issues or substance abuse problems. They also work closely with local organizations and charities to provide additional support and resources for their clients.
Key people in the company include the Managing Director, who oversees the day-to-day operations, and a team of probation officers and case managers who work directly with clients. They also have a board of directors who provide guidance and strategic direction for the company.
The South Yorkshire Community Rehabilitation Company Limited can be contacted through their website, which also provides information on their services and resources for clients. Their registered office address is located in Sheffield, South Yorkshire.