Payment of Invoices to Suppliers
Payment of Invoices to Suppliers – BV8
The local target percentage of invoices for commercial goods and services which are paid by the authority within 30 days of such invoices being received by the authority is 99.5%.
The following table shows the Authority’s achievement against the local targets from 2012/13:
|Authority’s achievement against the local targets from 2012/13|
|North Herts Target|
|North Herts Actual|
In October 2006, the Council introduced purchasing cards as a method of payment in order to help facilitate both prompt payment and increased quality of service to our suppliers. Primarily aimed at low value transactions (under £250), these cards enable payments to be made to suppliers at the point of ordering, thus reducing the purchase to pay cycle and contributing towards the Council’s prompt payment targets.
Since it's introduction, the Scheme has been expanded to encourage greater participation from suppliers. If you are a current supplier to North Herts District Council and would like to consider being paid by this method, please contact us at firstname.lastname@example.org