Topic Sustainability, Business
Date 16 Jan 2020
Galliford Try has been restored to the Prompt Payment Code (PPC) following a significant improvement in payment performance.
The business had been temporarily suspended in June, following a change in the way the Code operated.
Following the introduction of a comprehensive action plan, enacted by Galliford Try’s Shared Service Centre in conjunction with the commercial teams from around the Group, that performance has now improved so that we are now paying over 90% of invoices within the Code’s specified 60-day time limit.
Andrew Duxbury, Group Finance Director, commented: “I want to congratulate our Shared Services team, and all those involved around the business, for their efforts in achieving this dramatic improvement in performance.
“We believe in treating our supply chain in a fair and transparent way, so we are determined to remain focused and ensure we maintain this progress. We want to be the partner of choice for all our supply chain and we will continue to work collaboratively with them to achieve that outcome.”