PZ CUSSONS BEAUTY LLP

Standard payment terms

60 days end of month following date of receipt in PDF mailbox

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Please note that all our payment terms are calculated from the date we receive/scan the invoice, not from the invoice date itself. We have moved from Monthly to weekly payment runs - Now, every Monday, we create payment runs to include anything due within the same week. The funds will then reach the vendors' bank accounts on Thursdays.

Maximum contractual payment period agreed

180

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