Lenovo Global Technology UK Limited pays suppliers in 24 days on average — inside its 60-day stated terms

Standard payment terms

Upon Lenovo’s request, Supplier will issue invoices electronically and also comply with any local country requirement for tangible invoices forms. Unless the PO states otherwise, payment will be due net sixty (60) days after Lenovo receives Supplier’s valid invoice. Lenovo shall make a single monthly payment for all payable invoices that have become due. Supplier’s invoice will list the quantity of products and/or services purchased, reference this PO number and if applicable, the Lenovo agreement under which the products and/or services are being purchased under.

Dispute resolution

Due to payment cycle, there might be few days delay on the payment If there is any special payment term required, there is additional required process and approval needed. Accounts payable team will deal with individual cases, the procurement team if required will support the process.

Other information

Due to payment cycle, there might be few days delay on the payment If there is any special payment term required, there is additional required process and approval needed. Accounts payable team will deal with individual cases, the procurement team if required will support the process.