The Early Payment Partnership will give our suppliers the opportunity to be paid earlier than contracted terms, while also allowing us to improve payment processes and generate much-needed savings.
Suppliers can choose to join the Early Payment Partnership to be paid as soon as the invoice is authorised, and ahead of the standard 30-day term, in exchange for a pre-agreed rebate. The rebate is applied as the invoice is paid and is proportionate to the number of days we accelerate the payment by.
We are working with Oxygen Finance to deliver this programme and we'll update you on the launch and progress over the coming months. In the meantime, if you have any queries about the programme, please email earlypaymenttpartnership@derbyshire.gov.uk.