Prompt Payment Compliance for CFOs
Prompt Payment Compliance for CFOs
Prompt Payment Compliance for CFOs
Everything finance teams need to excel with Prompt Pay requirements while supporting supplier financial wellbeing
Early Access until October 2025 - Limited to 30 companies
Early Access until October 2025 - Limited to 30 companies
THE PROBLEM
THE PROBLEM
THE PROBLEM
Late payments destroy UK businesses
50,000
Businesses in the UK fail annually from late payments
50,000
Businesses in the UK fail annually from late payments
50,000
Businesses in the UK fail annually from late payments
£20bn
Lost in late payments across the UK annually
£20bn
Lost in late payments across the UK annually
£20bn
Lost in late payments across the UK annually
60+ Days
Average payment delays crippling UK SMEs
60+ Days
Average payment delays crippling UK SMEs
60+ Days
Average payment delays crippling UK SMEs
THE LEGISLATION
THE LEGISLATION
THE LEGISLATION
The UK Prompt Payment Policy
45 Days
New average payment requirement
45 Days
New average payment requirement
45 Days
New average payment requirement
95%
All invoices paid within 60 days
95%
All invoices paid within 60 days
95%
All invoices paid within 60 days
Reporting
Bi-annual & spot checks
Reporting
Bi-annual & spot checks
Reporting
Bi-annual & spot checks
THE SOLUTION
THE SOLUTION
THE SOLUTION
Complete toolkit for Prompt Payment Compliance
PAIDD gives finance teams everything they need to excel with UK Prompt Payment requirements
PAIDD gives finance teams everything they need to excel with UK Prompt Payment requirements
E-invoicing & Tracking
Streamlined invoice submission and approval process. Eliminate paperwork delays and ensure nothing gets lost in the system.
E-invoicing & Tracking
Streamlined invoice submission and approval process. Eliminate paperwork delays and ensure nothing gets lost in the system.
E-invoicing & Tracking
Streamlined invoice submission and approval process. Eliminate paperwork delays and ensure nothing gets lost in the system.
Early Supplier Payments
Offer suppliers early payment when they need it. Supplier financial wellbeing that strengthens relationships.
Early Supplier Payments
Offer suppliers early payment when they need it. Supplier financial wellbeing that strengthens relationships.
Early Supplier Payments
Offer suppliers early payment when they need it. Supplier financial wellbeing that strengthens relationships.
Compliance Reporting
Government compliance reports generated automatically. Track performance and demonstrate excellence effortlessly.
Compliance Reporting
Government compliance reports generated automatically. Track performance and demonstrate excellence effortlessly.
Compliance Reporting
Government compliance reports generated automatically. Track performance and demonstrate excellence effortlessly.
Our Mission
Our Mission
Our Mission
Join us on our mission to eliminate late supplier payments and ensure financial wellbeing for suppliers across the UK.
Join us on our mission to eliminate late supplier payments and ensure financial wellbeing for suppliers across the UK.
Join us on our mission to eliminate late supplier payments and ensure financial wellbeing for suppliers across the UK.
Together, we're fighting the war against the late payment epidemic that destroys 50,000 UK businesses annually.
Together, we're fighting the war against the late payment epidemic that destroys 50,000 UK businesses annually.
Together, we're fighting the war against the late payment epidemic that destroys 50,000 UK businesses annually.
Prompt Payment compliance with PAIDD
Prompt Payment compliance with PAIDD
Prompt Payment compliance with PAIDD
Track
Track all incoming invoices with our simple e-invoicing software or integrate with your existing system.
Pay
Pay suppliers faster with early payment discounts to improve their supplier financial wellbeing.
Report
Monitor Prompt Payment metrics in real-time and export reports to ensure government compliance.
Not yet a Fair Payment Code member?
Not yet a Fair Payment Code member?
Not yet a Fair Payment Code member?
We support forward-thinking companies committed to eliminating late payments. We're giving Fair Payment Code members get early access to PAIDD.
We support forward-thinking companies committed to eliminating late payments. We're giving Fair Payment Code members get early access to PAIDD.
We support forward-thinking companies committed to eliminating late payments. We're giving Fair Payment Code members get early access to PAIDD.
"Late payments are simply unacceptable, when the cashflow runs dry, small firms go under — which is why we need to hold larger businesses to account."
Jonathan Reynolds, Business Secretary
“The new code rewards businesses that pay quickly and treat suppliers fairly. 30-day payments will become the gold standard.”
Liz Barclay, Small Business Commissioner:
“This is what real change looks like. The Business Secretary has recognised the damage bad payment culture causes. This is a huge confidence boost for small businesses.”
Tina McKenzie, FSB Policy Chair
"Late payments are simply unacceptable, when the cashflow runs dry, small firms go under — which is why we need to hold larger businesses to account."
Jonathan Reynolds, Business Secretary
“The new code rewards businesses that pay quickly and treat suppliers fairly. 30-day payments will become the gold standard.”
Liz Barclay, Small Business Commissioner:
“This is what real change looks like. The Business Secretary has recognised the damage bad payment culture causes. This is a huge confidence boost for small businesses.”
Tina McKenzie, FSB Policy Chair
"Late payments are simply unacceptable, when the cashflow runs dry, small firms go under — which is why we need to hold larger businesses to account."
Jonathan Reynolds, Business Secretary
“The new code rewards businesses that pay quickly and treat suppliers fairly. 30-day payments will become the gold standard.”
Liz Barclay, Small Business Commissioner:
“This is what real change looks like. The Business Secretary has recognised the damage bad payment culture causes. This is a huge confidence boost for small businesses.”
Tina McKenzie, FSB Policy Chair
"Late payments are simply unacceptable, when the cashflow runs dry, small firms go under — which is why we need to hold larger businesses to account."
Jonathan Reynolds, Business Secretary
“The new code rewards businesses that pay quickly and treat suppliers fairly. 30-day payments will become the gold standard.”
Liz Barclay, Small Business Commissioner:
“This is what real change looks like. The Business Secretary has recognised the damage bad payment culture causes. This is a huge confidence boost for small businesses.”
Tina McKenzie, FSB Policy Chair
Ready for Perfect Prompt Pay compliance?
Ready for Perfect Prompt Pay compliance?
Join Fair Payment Code CFOs getting early platform access
Join Fair Payment Code CFOs getting early platform access
Join Fair Payment Code CFOs getting early platform access
Early Access until October 2025 - Limited to 30 companies
