If a supplier is tightening credit, find out why and check your contract carefully. You may be able to fight the change or at least ask for the original terms as a courtesy ...

The retailer wrote to all its general merchandise suppliers this month saying it had decided to change its payment terms from 30 to 60 days, effective from December 1, according to a letter seen ...

Citing the need to improve working capital, 3M Co. has changed supplier payment terms from 60 to 90 days, according to a form letter sent to some suppliers.

Supermarket giant Asda has been slammed for sowing confusion and 'dismay' among suppliers after sending out a letter that appeared to change their payment terms for the worse. The confusion came ...

Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, is pleased to announce an important and immediate change to its existing payment terms with a second key ...

A remittance letter is a document sent to a creditor along with payment. This is so the account will be credited properly.

Boohoo Group has extended its payment terms to both suppliers and manufacturers. The retailer claims it is still "swifter than most" at payment.

Asda has reassured suppliers that its payment terms and conditions have not changed following a letter stating that new payment terms for the supermarket were 60 days.

The retailer told its 500 general merchandise suppliers – of which 75 are based in the UK – that it would be changing terms, bringing the company “in line with industry standards”. The increase will ...

CMS Announces Change Healthcare/Optum Payment Disruption (CHOPD) Accelerated Payments to Part A Providers and Advance Payments to Part B Suppliers ...

Will Covid-19 spark change in UK supplier payment terms? We look at the records of how the UK's largest grocers – and manufacturers – have been paying their suppliers and wonder if the recent ...

Samworth Brothers has demanded its suppliers switch to 60-day payment terms as part of an overhaul of its procurement process that will also see it rationalise its supply base. In a letter to ...