| 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 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 31 | 74% | 18% | 8% | 38% |
| 01 Jan 2018 - 31 Dec 2018 | 24 Jan 2019 | 32 | 76% | 18% | 6% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 55 | 75% | 16% | 9% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Citrix R&D Limited standard payment terms state that payment of third party invoices for goods and services will be made 60 days from date of Invoice unless otherwise agreed in writing by a duly authorised representative.
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
Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated Accounts Payable team.
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
CITRIX R&D LIMITED is a leading technology company that specializes in creating innovative software solutions for businesses and organizations. The company is committed to sustainability and has implemented various measures to reduce its environmental impact.
Their sustainability program includes initiatives such as reducing energy consumption, promoting recycling and using eco-friendly materials in their products. They also encourage their employees to participate in volunteer activities and support local communities.
CITRIX R&D LIMITED offers a wide range of products and services, including virtualization software, cloud computing solutions, and remote access tools. These products help businesses and organizations to improve efficiency, productivity, and security.
The company is led by a team of experienced and talented individuals, including their CEO, Mark Templeton, and their Chief Technology Officer, Christian Reilly. Their dedication to innovation and customer satisfaction has helped the company to establish a strong reputation in the industry.
For more information about CITRIX R&D LIMITED and their products and services, you can visit their website at www.citrix.com. Their registered office address is 1 Kingdom St, Paddington, London W2 6BD, United Kingdom.