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West Sussex County Council

Supplier Advantage Initiative

 

An exclusive service for key suppliers

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Use the Get started button to sign-up today or request a call and one of our team will contact you.

    Welcome to the Supplier Advantage Initiative

     

    No chasing, no delays – just early payment

    Welcome to the Supplier Advantage Initiative

     

    No chasing, no delays – just early payment

    Watch <Full Name>, <Job Title> at West Sussex County Council, talk about the Supplier Advantage Initiative and the benefits it delivers.

    What is the Supplier Advantage Initiative?

    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 Supplier Advantage Initiative?

    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 Supplier Advantage Initiative 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. To see the full table with every days rebate click on the Get Started button.

    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?

     

    West Sussex 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 web site.

    What happens next?

     

    You can now sign up to the programme by clicking the ‘Get started’ button.

     

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

    Request a call

    Use the Get started button to sign-up today or request a call to talk through with one of our advisers

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

       

      Copyright 2019 Oxygen Finance.