Boots - Taking the **** or what!

[mmm-five]

So you have to include a 3% invoice fee, and a 2.5% 'settlement fee' confirmation fee.

[Don]

mmm-five said:

So you have to include a 3% invoice fee, and a 2.5% 'settlement fee' confirmation fee.

Damn right. All that will happen is that suppliers will factor these costs into their quotes - the second time. Evil bds.

[POORCARDEALER]

They need some mega bad publicity for that one...............outrageous

[tigger1]

mmm-five said:

So you have to include a 3% invoice fee, and a 2.5% 'settlement fee' confirmation fee.

+1

What will also happen is that places like Experian will factor this into their Payment Performance reporting - and although it won't affect Boots credit massively (how many people worry about selling to Boots on credit?) - if a smaller place tried it (paying 60+ days late regularly, they'd get into difficulty getting credit agreed.

[Nightmare]

I have personal experience of dealing with Boots as a supplier. absolute f**king shower. I am not surprised their business is getting reamed by the supermarkets and competition frankly.....their head office seems to have cock all control over their branches and there is so much 'sector' infighting....bloody useless and annoying and treat suppliers appallingly. not that I'm bitter!