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<p>Since the implementation of a new purchase to pay system in December 2016 the Ministry of Defence has paid around half a million invoices worth nearly £7 billion to suppliers - equating to 98% of invoices. Just under 10,000 of these - or two per cent of the stated number - with a value of some £374 million, were not satisfied within 30 days.</p><p>The MOD is committed to paying all of its suppliers as promptly as possible. We recognise the impact that late payments have on suppliers and we are taking a number of actions to ensure that performance returns to, and then surpasses, usual levels.</p> |