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Submitted URL: https://marcom.causeway.com/e3t/Ctc/T5+113/c4M5F04/VWfPLg2-k1_yN3jM20FGCwqXW5NMkyh599V-0N6tf6WT7S_YxW69tBBd6lZ3kCW7ddCXZ1LYs...
Effective URL: https://campaign.causeway.com/webinar/prompt_payment_in_45days?utm_campaign=Commerce_Tradex%20Buyers_NOCR_OCR%20vs%20e-invoici...
Submission: On February 07 via api from IE — Scanned from DE
Effective URL: https://campaign.causeway.com/webinar/prompt_payment_in_45days?utm_campaign=Commerce_Tradex%20Buyers_NOCR_OCR%20vs%20e-invoici...
Submission: On February 07 via api from IE — Scanned from DE
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This website stores cookies on your computer. These cookies are used to improve your website and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Cookie Policy. Manage Cookies Accept Decline Skip to content WEBINAR: PROMPT PAYMENT IN CONSTRUCTION - THE CHALLENGING ROAD TO 45 DAYS' PAYMENT BY 2025 JOIN US ON THURSDAY 8TH FEBRUARY AT 11AM ARE YOU AWARE AND READY TO MEET THE GOVERNMENT'S 45-DAY PAYMENT SCHEDULE BY 2025? In the Autumn Statement 2023, the Government outlined significant changes to its Procurement Policy and suppliers should be prepared for these new standards, expected from 1st April 2024. Not many will be aware of this yet, but from 1 April 2024, companies bidding for large government contracts (over £5M) must be able to evidence that they pay their own invoices within an average of 55 days, tightening to 45 days in April 2025, and further tightening to 30 days in the coming years. Any company which fails to comply will be excluded from the selection process. Join us as we chat to Philip King, former CEO of the Chartered Institute of Credit Management and interim Small Business Commissioner, about what's changing and why, what it means for the construction industry, how it will impact companies going forward, and how we can prepare ourselves for the changes. REGISTER FOR THE FREE WEBINAR First Name* Last Name* Work Email* Job Title* Phone Number Company Name* utm_campaign utm_source utm_medium utm_content utm_term Causeway needs the information provided to contact you about our products & services. For details on our commitment to privacy or how to unsubscribe, check out our Privacy Policy. WHAT'S ON THE AGENDA? THIS CHANGE TO PROMPT PAYMENT IS ESPECIALLY IMPORTANT FOR SMES CONSIDERING ONE OF THE KEY CHALLENGES FACING SMES IS THE CASH-FLOW IMPLICATIONS OF LATE PAYMENTS. PROMPT PAYMENT HELPS CREATE A RESILIENT SUPPLY CHAIN FOR GOVERNMENT CONTRACTORS BY MAINTAINING STRONG CASH FLOW, AS WELL AS SUPPORTING SMALL BUSINESSES AND THE WIDER ECONOMY. * What are the new changes? * What does it mean for the industry? * What does it mean for your business? * How do we prepare for what's coming? * How technology helps improve your payments process MEET THE SPEAKERS PHILIP KING, EX CHIEF EXECUTIVE OF THE CHARTERED INSTITUTE OF CREDIT MANAGEMENT (CICM) In a career spanning over 40 years, Philip has held senior credit management roles in the high-tech and communication sectors, in distribution and retail, including spells at Olivetti and Vodafone. More recently, he held the role of interim Small Business Commissioner for 17 months across 2020-2021 and, prior to that, was Chief Executive of the Chartered Institute of Credit Management (CICM) for 14 years, leading the Institute to Chartered status in 2015. He authored the Managing Cashflow Guides (600,000+ downloads) for government, and was the architect of the Prompt Payment Code which the CICM administered on behalf of the Department for Business, Energy and Industrial Strategy (BEIS) until its administration was transferred to the Office of the Small Business Commissioner in 2020. He has worked closely with successive governments in championing best-practice credit management, working to eradicate late payment, and supporting small business. Now semi-retired, he works with a number of organisations supporting their activity in these areas. AARON FERDINAND, ENTERPRISE SOLUTIONS MANAGER, CAUSEWAY TECHNOLOGIES Aaron has almost 15 years experience in the construction industry and has been with Causeway for 12 years. His extensive knowledge and experience has seen him work with some of the largest companies in construction to realise their digital transformation goals - Balfour Beatty, Kier, Morgan Sindall, Barratt Homes, Galliford Try, Wolseley, J Murphy, to name but a few. Aaron has worked across a number of our solutions including e-Invoicing, Supply Chain Management, Commercial Management, and Digital Field Services. LEARN MORE ABOUT WHAT'S COMING IN THIS FREE WEBINAR Register Today * Privacy Policy * Terms of Use * Cookie Policy * Sustainability Policy * Modern Slavery Statement © 2024 Causeway Technologies. Registered Office: Sterling House, 20 Station Road, Gerrards Cross, Buckinghamshire, SL9 8EL