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Payment Terms for Central England Co-Operative Limited
Payment Terms : 45 Days
Central England Co-operative Limitedís (CEC) standard payment terms are 45 days from receipt of invoice, however there are some exceptions to this. Many Funeral disbursement invoices are paid on an immediate basis. Whilst this often results in a distortion in reported late paid invoices within this area, we recognise that the industry requires this. Many other invoices are paid on the basis upon which the contract or agreement has been set up. CEC are committed to being flexible and supportive to businesses requiring specific terms, and as such have issued a statement to all supplier manager stakeholders enabling payment terms to be agreed on a case-by-case basis.
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