How long does Fisher Clinical Services UK Limited take to pay its suppliers?

Standard payment terms

Thermo Fisher Corporate payment term expectations are net 90 days / 2% discount for payment within 15 days of invoice date. Where deemed applicable, Purchasing discuss the Corporate payment terms with suitable Suppliers and where feasible, agreement is made between both parties for ongoing business on this basis. As a site, we do not adopt a “standard payment terms” policy owing to the varied site spend requirements, related purchasing strategies utilised and the diverse types of supplier required. Purchasing uphold a steadfast stance that undue financial constraints on Suppliers are counterproductive. As such, before approaching Suppliers to discuss and agree payment terms, the nature of business (size/type), industry and likely future requirements are considered. All Payment Terms

Dispute resolution

All payment terms are mutually agreed between both parties and Purchase Orders placed on this basis with clear “bill to” information indicated and Instructions to reference the Purchase Order number are clearly displayed on this document. This is done to proactively help avoid common reasons for delays in payment. Purchasing contact details are clearly shown on the covering e-mail as a specific point of contact to enable first point communication. At Order fulfilment or at agreed milestones indicated on the Purchase Order, invoices can be sent by the Supplier for payment. Payment Terms are applied based on the date of invoice unless deemed reasonable to utilise the date of receipt i.e. late receipt of invoice. Should an invoice contain erroneous information, this is queried internally b