Invoice Action Plan
In line with UK Government requirements, we have generated a prompt payment action plan that details the actions we are taking to ensure that ≥95% of invoices payable to our supply chain on all contracts have been paid within 60 days of the receipt of the invoice.
This includes:
- The identification of primary causes of failure to pay 95% of all supply chain invoices within 60 days
- Actions to address each of these causes
- A mechanism for and commitment to regular reporting
For further details, please contact your relevant relationship partner.