Accurate reporting of the Payment Practices and Performance regulations is a critical component of promoting fair practices across the UK. Since introduction, we have been working with companies to better understand some of the challenges they have experienced with the reporting guidance, recognising standardisation is required to highlight poor practices and ensure these are addressed at the root through process optimisation.
On Wednesday, 2nd October, BDO and the Office of the Small Business Commissioner will be hosting a joint breakfast seminar on the topic to:
1. explore some of the challenges with the existing guidance
2. discuss how best the guidance, reporting and payment performance gaps can be addressed going forward to achieve the objectives of the regulations.
The session will last for approximately one and a half hours and we will hear from experts and key stakeholders on the topic:
Jenny Shutt, BDO Director, with an overview of challenges encountered
Paul Uppal, Small Business Commissioner, with a perspective on the importance of the regulations for the UK economy
Richard McCarthy CBE, Capita PLC, with a case study from Capita PLC
Philip King, CICM CEO/Prompt Payment Code, with views on the regulations in driving performance for signatories to the code.
We will also have representation from BEIS.
The seminar is aimed at senior members of the Finance and Supply Chain community who are willing to share experiences, views and thoughts on how the current reporting can be improved. Followed by a Q&A session.
||Registration and breakfast