Prompt Payment Code and Public cloud: Difference between pages

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imported>Doug Williamson
(Note that it is supplier payments that the Code is directed toward.)
 
imported>Doug Williamson
m (Categorise.)
 
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Prompt payment of suppliers is encouraged or required by a number of initiatives.  
''Information technology - cloud computing.''


Examples include the UK’s voluntary Prompt Payment Code and the EU’s mandatory Late Payment Directive 2011/7.
Public cloud is a model of cloud computing in which the hardware and software are used by multiple users.




As an example signatories to the Prompt Payment Code undertake to pay suppliers within a maximum of 60 days (in line with late payment legislation requirements), to work towards adopting 30 days as the norm, and to avoid any practices that adversely affect the supply chain.
==See also==
* [[Approaching technology decisions in the treasury function]]
* [[Cloud computing]]
* [[Hybrid cloud]]
* [[Internet]]
* [[Private cloud]]
* [[SaaS]]


Similar codes and legislation have been implemented in a number of jurisdictions.
[[Category:Technology]]
 
 
== See also ==
*[[Credit]]
*[[Open account]]
[http://www.promptpaymentcode.org.uk/ Prompt Payment Code home page]

Revision as of 14:23, 24 April 2019

Information technology - cloud computing.

Public cloud is a model of cloud computing in which the hardware and software are used by multiple users.


See also