Allied Bakeries Early Payment Programme
In 2017 we partnered with C2FO to launch the Allied Bakeries Early Payment Programme - a low cost and flexible way to manage your cash flow by allowing our suppliers to have their invoices paid early by Allied Bakeries. Since launch over 120 suppliers have received over £15M in early payments and feedback has been extremely positive:
"The C2FO program is a refreshing approach to payment terms and financing. The interest rate flexibility makes it attractive even for companies that have easy access to funding." (CEO, Transportation Company)
How It Works
Our early payment programme enables our suppliers to access an online tool which allows them to see which of their invoices have been approved for payment. The supplier can submit a discount proposal to us in return for early payment. The system is very easy to use, and is run in conjunction with C2FO, a global leader in this area of discounting.
Any supplier who wants more information can have a look at C2FO's website (https://alliedbakeries.c2fo.com/alliedbakeries), or contact us via our designated e-mail address P2P@alliedbakeries.co.uk. One of our team will come back to you as soon as possible.
Allied Bakeries Are Signatories Of The Prompt Payment Code
The Prompt Payment Code (PPC) sets standards for payment practices and best practice and is administered by the Chartered Institute of Credit Management. Compliance with the principles of the Code is monitored and enforced by the Prompt Payment Code Compliance Board. The Code covers prompt payment, as well as wider payment procedures.
Please see our How to Get Paid Guide and Allied Bakeries Purchase Terms & Conditions for more information.