Growth of Enterprise

Undisputed invoices paid to SMEs within 20 working days

This goal is measured by tracking the % of undisputed invoices paid to SMEs within 20 working days. We aim to maintain this measure above 90%Explore the data
%
Final
90%
Mar 2015 Target
Goal Period ended March 2015

        Capita (the payers of invoices on behalf of WSCC) have Key Performance Indicators (KPIs) around how quickly invoices are paid to companies.

        One target is to pay invoices to Small and Medium Enterprises (SMEs) within 20 days . Some changes have been made to the invoicing ‘process’ which have shortened the amount of time an invoice takes from arrival at WSCC to input. Whilst the biggest challenge is reducing the number of invoices which do not pass through this process smoothly because of a number of reasons e.g. inaccuracies in the invoice from the supplier, incomplete goods receipting, it is important to maintain the level of undisputed invoices paid within the 20 day timescale.

      Data Governance

      describes the quality of the data itself. Governance issues generally indicate that the data source is considered incomplete or unreliable.

      Model Health

      describes the quality of the predictive model. If the model health is poor, the trend prediction should not be trusted.

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