Better payment practice
code improvement
Leeds Teaching Hospitals NHS Trust, North East and Yorkshire, Acute
The problem
Accounts Payable needs to maintain the Better Payments Practice Code (“BPPC”) at 95% because otherwise we don’t meet the targets set by the Department of Health and Social Care. It is also particularly important to make prompt payments to suppliers, especially during a pandemic.
The challenge
How might we approve and pay all invoices in a timely manner so that the targets are met and to ensure goods and service supplies are maintained for patients?
The output
Increased BPPC from 69% to 97%, improved relations with suppliers, improved monitoring of unpaid invoices
The outcome
Improved stats for the trust, improved staff morale within AP, more efficient payments to suppliers.
The Innovation
Read the full innovation on better payment practice code improvement
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Read nowWhat the peer-reviewers said
“The solution highlighted that small changes can make a big difference, and the benefit of standing back and looking at what is going on”
“Good piece of work and very logical. Can be replicated and shared across the wider Finance Community”
“‘This solution to the problem is easily implemented, and solved the problem without additional work.’… ‘The methodology for coming up with a simple solution as a team should be recognised.’”
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Here are all of the documents and resources related to this innovation