Progressive Enterprises Limited

Payment Terms

PEL takes great care to fulfil obligations relating to paying Trade Partner invoices as they become payable - in accordance with your Trading Terms.

Payment Methods

All payments will be made via direct credit.
For existing Trade Partners to change your payment method to direct credit, please email PEL Merchandise  on: merchandise.disputes@progressive.co.nz

Remittance Advice

Remittance Advice will be issued for each payment and should be used in the reconciliation of your vendor accounts. PEL considers it your responsibility to reconcile your accounts on a timely basis to ensure a quick resolution of queries.

If there are any questions relating to the reconciliation of your Remittance Advice, please contact the Transaction Processing Centre.

For more information on Remittance, please view the Remittance Advice Guide.  You will find a copy of the right-hand menu.

Remittance Rebate and Settlement Discount

Off Remittance Rebates and Settlement Discount on purchases are negotiated with your PEL Business Manager. These are applied at the time of payment.

If there are any questions relating to the value/percentage of the rebates deducted, please contact your Business Manager.

For help calculating deducted rebates, take a look at the Vendor Terms Calculator.  A copy is found on the right-hand menu.

 

Top