Payment gridlocks: audit of payment deadline solutions

Recently, the President of the Office of Competition and Consumer Protection (UOKiK) has been very active in the field of the so-called payment gridlocks. Under the law, a fine may be imposed for excessive delays in payments in commercial transactions. In recent months, the President of UOKiK has initiated a number of proceedings against large enterprises on this account. In addition, by 31 January 2021, large enterprises (with a turnover above EUR 50,000,000) must submit reports on payment deadlines applied in transactions with business partners.

In view of the above, we offer to carry out an audit of the payment deadlines used in your company, including a verification of your compliance with payment gridlock laws. This will help you reduce the risk of the UOKiK classifying your actions as causing excessive delays in payments and prepare for submitting the required report.

Please feel free to contact us if you are interested in any further information. After discussing the solutions used in your company and your needs, we will be able to prepare a tailor-made offer for audit.