Duty to Report on Payment Practices and Performance

Under new Government legislation, companies with a turnover of more than £36 million are now required to release their payment practices bi-annually. This report by Alvarez and Marsal sets out what businesses need to do in order to prepare.
 
Key points include:
 
- The reporting requirements and how to submit payment practices and performance reports through the Government's online portal.
 
- How to handle reporting without an invoice and how to use weighted averages in your calculations. 
 
- How to understand how the new legislation applies to your business and what to do to ensure compliance.
 
- Tips on how to use technology more in order to improve the efficiency of your reporting. 
 
- How to use the new reporting requirements to create new opportunities for working capital performance down the road.




Related Insights

Read, watch & listen to some of the latest thought leadership from our Community.

Click here to download this insight
The Role of the Board in a Cr...

Iain Coucher, Chair of Ofwat, the water regulator for England and Wales, talks to Criticaleye’s Emily Jones about ‘messy’ situations, leading an organisation through those tough moments, and why there&...

Click here to download this insight
CEO Research Results 2024

In this research, conducted at our CEO Retreat, it’s clear that top executives need to be comfortable with ambiguity. Leaders are operating in increasingly unknown territory and businesses need them to respond to ...

Click here to download this insight
Harnessing Real-time Data as ...

Paul Sheriff has successfully combined high level financial and operational leadership at several growth businesses since 2008. In this interview with Criticaleye’s Jacob Ambrose Willson, he discusses the nature o...


1 2 3 4 5 6 7 8 9 10
Displaying 1 to 3 of 362




GlaxoSmithKline plc Google Robert Walters Redwood Bank E.ON UK Amazon UK Tullow Oil plc Salesforce London Stock Exchange AlixPartners Concentrix Veolia Water Technologies Experian LDC Legal & General Investment Management Eightfold AI Eton Bridge Partners Accenture Lightsource bp Mayborn Group NATS Royal London Group Drax Group plc Workday