Supplier payment terms
Cargotec has a standard payment term policy for all suppliers of Direct and Indirect goods and services to Cargotec and its business areas, Kalmar, Hiab and MacGregor.
For suppliers of Direct material: Europe and APAC, 90 Days. North America, 75 Days
For suppliers of Indirect goods and services: 45 Days
Standardised payment terms enables Cargotec to optimise the payment process, resulting in more accurate and timely payments for suppliers. As valued partners, we expect our suppliers to comply with the standard. Failure to do so will result in delayed payments.
For questions regarding the payment terms standard, please contact: firstname.lastname@example.org
Frequently Asked Questions
Q: What does “45 days”, “75 days” and “90 days” mean?
A: This means that Cargotec will pay the invoice amount within 45, 75 or 90 days from receipt of an approved invoice, which is compliant with the invoice requirements.
Q: How can I know what payment term applies to my company and where can I see it?
A: The payment term is stated in the Purchase Order issued by Cargotec.
Q: Who can I contact if I have any questions regarding the new standard?
A: If you have any questions, please contact please contact: email@example.com
Q: How can I avoid late payments?
A: Please make sure your invoices are in compliance with the new payment term standard. Also, it is critical that your organisation follows the invoice requirements as stated in the supplier invoicing instructions.