We're committed to both buyers and sellers by providing verified payment practice reports and reviews.
There are three sources of data for payment practice reports:
- Larger companies have a statutory duty to report their payment practices and this data is in the public domain.
- Businesses can voluntarily submit the same data to Goodpayers by connecting their accounting package.
- If neither of the above two sources exists, payment practices reports are calculated from verified reviews submitted by suppliers.
The source of data is clearly shown on each buyer page.
“As we work with contractors ourselves knowing if a client will pay is critical. Goodpayers has helped us negotiate better and keep on top of our own commitments by knowing when we're likely to get paid”
“It's hard to negotiate when you're starting out but the information on Goodpayers has helped us to know what terms other suppliers are offered. We're now confident when it comes to large contracts”
“By adding our payment history we've been able to better negotiate with our suppliers. Paying on time has finally paid off. I hope more buyers sign up so we can keep the best small suppliers in business”
Whenever a review is submitted we verify it even if the reviewer opts to remain anonymous. In certain scenarios, we may ask for more information.
- A valid invoice
- The business email address of the company mentioned in the invoice
- Evidence of late payment (if applicable)
Submit your email and one of the team will be in touch as soon as possible to answer any queries you have.