The document provides an overview of the methodology used by TermsCheck.com, which compares a company's payment term data to a database of over 900,000 real payment term data points from 184 global territories to identify benchmarks. The anonymized data is collected from organizations between 2014-2018 and is intended to guide companies towards more effective payment terms by supplier or category. Security measures are in place to ensure the anonymized data in the TermsCheck database held locally on a server cannot be hacked or have data stolen.

1. Methodology Overview
11 April 2018

2. versus
Methodology
Your data is compared to the TermsCheck.com Payment Term
Database
▪ This comparison allows you to directly compare the terms your company gets in
the market at customer and supplier level
▪ None of the data is estimated. It all comes from real companies who do business
with the 991,000 entities on our database

3. Data Integrity
No other organisation has yet developed a database based
on real payment terms
The database
contains more
than 900,000
payment term
data points
globally
The database
currently hold
records from 184
territories on all
continents
Data collected
from
organisations
between 2014-
2018
Usually we expect
to achieve a 20%-
30% match rate
depending on the
specific market
The data is not
designed to give
your company
“the answer” as a
magic bullet, but it
is effective as
being a guide by
supplier, market
or spend category

4. Data Findings
Reported at supplier level to help more effective payment
term targeting
Vendor Name Hits
Minimum
Days
Average
Days
Maximum
Days
Minimum
Days
Average
Days
Maximum
Days
WOLLEY UK LTD 5 1.0 33.2 45.0 30.0 45.0 60.0
VIRTUYU 3 - 20.0 30.0 30.0 30.0 30.0
ARHUM 6 - 27.8 77.0 30.0 30.0 30.0
KNOWLEDGE CORPORATION 9 15.0 36.7 75.0 30.0 30.0 30.0
USUAL COMPUTER CENTRES PLC 3 15.0 25.0 30.0 30.0 30.0 30.0
BILL CORPORATION LTD 4 15.0 26.3 45.0 30.0 30.0 30.0
ZODAFONE LTD 4 - 18.5 30.0 14.0 37.0 60.0
PROJECT TWO 2 15.0 45.0 75.0 45.0 45.0 45.0
EXPERIENCE LTD 9 - 30.0 45.0 30.0 30.0 30.0
HARDCAT 5 30.0 36.0 60.0 60.0 67.5 75.0
HARVEY BASH PLC 4 - 7.0 14.0 30.0 30.0 30.0
STREET OIL 5 20.0 31.0 45.0 14.0 14.0 14.0
SHELLFISH OIL 4 - 30.3 77.0 30.0 30.0 30.0
SCREWBREAK DIRECT 9 30.0 43.3 45.0 30.0 30.0 30.0
DEWSON LTD 8 45.0 52.5 75.0 30.0 30.0 30.0
JKL EMPLOYMENT LTD 2 14.0 29.5 45.0 45.0 45.0 45.0
BIG 4 AUDITOR 409 - 22.4 90.0 30.0 30.0 30.0
INTERNATIONAL INSURANCE LIMITED 5 14.0 23.6 30.0 75.0 75.0 75.0
MAJOR SEARCH ENGINE 22 - 32.7 75.0 30.0 30.0 30.0
VUILLA MANAGEMENT SERVICES LTD 1 21.0 21.0 21.0 21.0 21.0 21.0
TermsCheck Results Your Results

5. Informita Clients
• TermsCheck is now
an integral part of
all Informita
working capital
analyses
Corporates
• Those who have
exhausted the
benchmark route
and need
information that
will help to
challenge internal
practices around
payment terms
Major Consulting
Firms
• The clients use
TermsCheck to
enrich their
working capital
analyses
Who is using TermsCheck.com

6. TermCheck data is only
held on a local server
without any
connections to the
internet so it cannot be
hacked or have data
stolen
If your data is shared
with theTermscheck
database it is fully
anonymised so thatGE
Healthcare cannot be
identified as a data
source
Data Security

7. Contacts
Brian Shanahan
+44 7769 260042
Brian.Shanahan@informita.com
More Information
www.TermsCheck.com