Warwickshire County Council

Premier Supplier Service

 

An exclusive service for key suppliers

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Use the form below to request a call from one of our team.

    Welcome to our Premier Supplier Service

     

    No chasing, no delays – just early payment

    Welcome to our Premier Supplier Service

     

    No chasing, no delays – just early payment

    What is the Premier Supplier Service?

    Predictable, reliable early payment - targeted at day 10 - in exchange for a small, pre-agreed rebate

    Fast-tracked invoice processing and dedicated contacts for queries

    Easy sign-up process and no system changes needed

    What is the Premier Supplier Service?

    Predictable, reliable early payment - targeted at day 10 - in exchange for a small, pre-agreed rebate

    Fast-tracked invoice processing and dedicated contacts for queries

    Easy sign-up process and no system changes needed

    How Does it Work?

     

    The Premier Supplier Programme enables your invoices to be paid ahead of contractual payment terms in exchange for a pre-agreed rebate. The rebate is applied dynamically as the invoice is paid and is proportionate to how many days we accelerate your payment by.

     

    To calculate the invoice acceleration, we use the number of days between invoice received date and invoice remittance date. The rebate is only applied if invoice acceleration is achieved.

     

    This means you will be paid as soon as the invoice is authorised and we will issue a debit note to the value of the deducted rebate. The debit note quotes your original invoice reference to enable you to reconcile your account.

     

    As shown in the accompanying diagram we aim to pay you on day 10 for a 1.25% rebate.

    What are the benefits?

    Improved cashflow enabling you to plan ahead and grow your business

    Hassle-free service and fast-tracked processing - no chasing, no delays

    Increased visibility with the council and stronger relationships

    What are the benefits?

    Improved cashflow enabling you to plan ahead and grow your business

    Hassle-free service and fast-tracked processing - no chasing, no delays

    Increased visibility with the council and stronger relationships

    Who provides the service?

     

    Warwickshire County Council is working with Oxygen Finance to deliver this programme.

     

    Oxygen Finance is a specialist provider of payment solutions and the leading provider of early payment programmes. To find out more visit the Oxygen website.

    What happens next?

    Set-up is quick and straightforward and there is dedicated support on hand if you have any queries or need additional help.

    Watch Ram Mahendran, Director and Owner of Bromson Hill Nursing Home, talk about the Premier Supplier Service supports his business.

     

    Council endorsements

    WCC - Peter Butlin

    Cllr Peter Butlin
    Deputy Leader of the Council

     

    “We are pleased to be offering the Premier Supplier Service to our suppliers and maintaining positive business relationships.”

    WCC - David Carter

    David Carter
    Joint Managing Director

     

    “The key priority for the Council is driving economic growth and seeking innovation which can be achieved through encouraging suppliers to benefit from early payments.”

    WCC - Monica Fogarty

    Monica Fogarty
    Joint Managing Director

     

    “Enabling our suppliers to take advantage of early payment whilst also getting the best value for the country is a very positive development.”

    Request a call

    Use the form below to request a call to talk through with one of our advisers.

      View the Brochure

      Warwickshire County Council has partnered with Oxygen Finance to deliver this programme.

       

      Copyright 2018 Oxygen Finance.