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Prove you pay prom p1
Page 19
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OPERATORS CAN now reassure potential customers that they settle their bills on time by joining the Prompt Payment Partnership.
The new organisation promotes prompt payment,and firms signing up choose a day rating according to the length of time it takes them to pay invoices. After providing the partnership with three trade references or an accountant's letter endorsing this they can become a licensed Prompt Payer (PP), and will be listed as such on the group's website. They can also use the PP logo on trucks and stationery Adrian Llewellyn-Jones, Prompt Payment Partnership chairman. says firms will be more willing to do business with members: "The scheme would be particularly beneficial in transport, wher payment is widespread.
"When a company breach rules it is investigated and have its membership revok would also be listed as de tered on the website for a yel "In 10 weeks we have s up 72 members, including Z Insurance, which is offering a discount on commercial v( insurance for all operators sign up to the scheme."