News

Delighted to announce that Propsecco has been accepted to be uploaded onto the PPC database.

The Prompt Payment Code (PPC) sets standards for payment practices and best practice and is administered by the Small Business Commissioner on behalf of the Department for Business, Energy and Industrial Strategy (BEIS). The Code covers prompt payment, as well as wider payment procedures.  Read on...
 
The Small Business Commissioner is responsible for regulation and governance of the Prompt Payment Code and signatories of the code. He has the power to determine which companies become signatories and investigate complaints concerning any signatories. These investigations can result in the Prompt Payment Code Compliance Board suspending or removing signatories from the code. 

Becoming a signatory of the Prompt Payment Code and committing to good payment benefits both suppliers and customers and is fundamental to bringing about a culture change in late payment and boosting the economy.

The Twitter campaign is #makepaymentprompt
 
Further information about the Prompt Payment Code can be found on the website 
https://www.smallbusinesscommissioner.gov.uk/ppc/ 

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