Our Ethical Payments Policy
A functioning and fair payment system is a key element of a healthy economic society and is vital for well-being and financial sustainability we look at this through a social impact lens. This policy sets out the principles of supplier payments that we, as a B Corp-certified, ethos-led organisation follow.
Our principles
- To support small, independent and local businesses wherever possible
- We pledge to pay 95% of all invoices within 14 days where the supplier is a small business with fewer than 50 employees
- Pledge to not impose a cash flow crisis
- We operate a relationship of respect
- We always pay fairly
- We operate no unreasonable contracts
- All invoices should be submitted directly to sarah@profit-impact.co.uk who is also your point of contact to discuss payment enquiries
We have joined the Prompt Payment Code (PPC) which sets standards for payment practices and best practices and is administered by the Small Business Commissioner on behalf of the Department for Business and Trade (DBT). The Code covers prompt payment, as well as wider payment procedures. You can find more information here
Last Updated on 19/04/2024
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