Supplier Standard
What is it?
The Supplier Standard reflects the average and third quartile payment terms offered or accepted by an equivalent company sharing comparable characteristics. The term “equivalent” refers to companies with matching attributes such as industry, commodity, country/location, company size, credit rating, and financial profile. Equivalence is based on a high degree of alignment (over 95%).The data also includes the number of occurrences or records found in the database.
Please note:
If the bar chart is blue, it indicates the payment term is longer than our average days paid.
This strategy can be Disabled or Enabled by clicking on the top right button by the Administrator.
Why is it important?
It allows us to understand what terms our supplier is offering to other similar customers.
Disclaimer: The information provided herein is for informational purposes only and is based on aggregated and anonymized data from third-party and proprietary sources deemed reliable. While reasonable efforts have been made to ensure accuracy, Calculum makes no representations or warranties, express or implied, regarding the completeness, accuracy, timeliness, or suitability of the information.The term "equivalent" company refers to entities with comparable characteristics (including, but not limited to, industry, commodity, country/location, company size, and financial profile) and is determined using internal matching methodologies. However, this designation does not imply a 100% match or exact equivalency.Calculum assumes no liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance on, this information. Use of this information constitutes acceptance of these terms.
