At BGE Digital we don’t just take our clients seriously, we take our suppliers seriously too! We believe that long payment terms and late payments are completely unnecessary in today’s World where there is internet banking, managed solutions for account and credit control in addition to the plethora of management tools available, particularly with the number of readily accessible cloud based solutions.
To this end, we make a promise to our suppliers and pledge to make payments promptly. “The Prompt Payment Code (PPC) sets standards for payment practices and best practice and is administered by the Chartered Institute of Credit Management. Compliance with the principles of the Code is monitored and enforced by the Prompt Payment Code Compliance Board. The Code covers prompt payment, as well as wider payment procedures.”
We undertake to:
1. Pay suppliers on time
2. Give clear guidance to suppliers
3. Encourage good practice
Find out more info here http://www.promptpaymentcode.org.uk/