Payment Terms - flash benchmark

This SIG member from the buy-side would like to do a flash benchmark with the SIG community. Will you please post below and answer the following? 

1) Company Industry =  

2) Current Standard Supplier Payment Terms = 

3) Under what circumstances do you deviate from standard terms? For example, for diverse suppliers, particular spend categories? Please explain and list. 

4) Are there any current initiatives in place to study and possibly update your standard terms? 

5) If possible, please share your company's current days payable days outstanding? Is this number trending higher or lower?

 

The full content of this page is only available to SIG Members.

Forums: