TOTAL'S Payment Strategy Statement Overview
A key strand of our Positive Impact Plan is our commitment to doing Better Business. We recognise that without a strong and sustainable supply chain, we will not fulfil our mission of being the best performing company in our chosen markets.
We are committed to growing with our supply chain partners, and a key aspect of this collaborative approach is ensuring that we treat our supply chain fairly with respect to payment practices.
Our strategy to support fair treatment of our supply chain through payment practices involves:
- Continual analysis of payment practices data, to find supply chain partners with whom it would be mutually beneficial to agree reduced payment terms.
- Embracing technology and developing internal processes to minimise the time taken to process payments, whilst supporting effective governance and cost control; and
- Working with our supply chain partners to resolve invoice queries in an effective manner, allowing payments to be made within agreed terms
TOTAL'S faster payment strategy
We recognise that the Construction industry has historically had a reputation for overdue payments to suppliers and that the UK Government is striving to rectify this issue through the introduction of the payment practices reporting framework. A key strand of our Positive Impact Plan is our commitment to doing Better Business.
We recognise that without a strong and sustainable supply chain, we will not fulfil our mission of being the best performing company in our chosen markets. We are committed to growing with our supply chain partners, and a key aspect of this collaborative approach is ensuring that we treat our supply chain fairly with respect to payment practices.
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To get started, for general enquiries simply complete the form below. Provide us with your project details, and our team will review your requirements. We will then get back to you with a customised solution that fits your needs. Whether you have a small-scale project or a large-scale development, we have the expertise and resources to handle it. Once we have received your submission, you will receive a confirmation email (Please check all your email boxes)
If you prefer, and have a project in mind and seeking a price you can also send us your project documents and any photographs directly to Price@totalregen.co.uk. We will carefully examine your documents and provide you with a competitive quote together with a timescale from inception through to completion for your project.