Supplier Payments

Primary Eyecare Services is committed to paying suppliers in a fair, timely and transparent way. We recognise the importance of prompt payment to the organisations and individuals in our supply chain and continue to take active steps to improve payment performance.

During the most recent reporting periods, more than 85% of our supply chain invoices were paid within 60 days. 

What we are doing to improve

We have strengthened our credit control and payment monitoring processes to support faster collection of monies owed and timely payment to suppliers. 

Our improvement actions include:

• issuing automated payment reminders to commissioners before invoice due dates and at regular points after invoices become overdue;
• working directly with commissioner representatives to resolve payment issues and secure settlement of overdue invoices;
• reviewing aged debt information regularly to identify risks and support early intervention; and
• maintaining communication with suppliers and providing support where appropriate, including advance payments where applicable.