Payment Terms
The company’s standard payment terms are net 30 days monthly i.e. all invoices dated in a particular month will be paid by the end of the following month via BACS.
Changes to the standard payment terms will only be made following written Director approval.
Order Processes & Contracts
Crerar Hotel Group Ltd requires all suppliers to have an authorised purchase order before any goods or services are provided. This should be evidenced by an electronic authorised purchase order through our purchasing system, Procure Wizard.
Purchase cannot be accepted via the telephone or email as electronic authorisation is required prior to supply. Any invoices received for telephone/email orders will not be paid and will be returned to the supplier.
All contracts entered into on behalf of the Company require the signature of a DIRECTOR – most contracts will be signed by the CEO.
Contracts cannot under any circumstance be signed by anybody else. Any contracts without a valid Director's signature will not be accepted by the company under any circumstances whatsoever.
All suppliers should undertake sufficient due diligence (for example via Company’s House) to confirm the Directors' names in order to verify validity.
Auto-renewing contracts are not accepted by the company, and upon any contracts being signed with this clause, the company is deemed to have provided the appropriate notice at the time of signature, that the contract will cease at the end of its initial period.
