πŸ’·πŸŽ‰Prompt Payment CodeπŸ’·πŸŽ‰

We are pleased to announce that Rubo has decided to sign up to the Small Business Commissioner's Prompt Payment Code. Paying our suppliers on time and in full is a commitment of our business, and with the disruptions caused by COVID-19, it's more important than ever.

The Prompt Payment Code means we undertake to:

1) Pay suppliers on time

  • within the terms agreed at the outset of the contract

  • without attempting to change payment terms retrospectively

  • without changing practise on length of payment for smaller companies on unreasonable grounds

2) Give clear guidance to suppliers

  • providing suppliers with clear and easily accessible guidance on payment procedures

  • ensuring there is a system for dealing with complaints and disputes which is communicated to suppliers

  • advising them promptly if there is any reason why an invoice will not be paid to the agreed terms

3) Encourage good practice

  • by requesting that lead suppliers encourage adoption of the code throughout their own supply chains

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