MediaKroton joins the “Codice Italiano pagamenti Responsabili”, promoted by Assolombarda.
Thanks to Assolombarda, is born a more ethic payment approach: the Codice Italiano Pagamenti Responsabili (CPR). The Code has the aim to improve and reduce the payment terms in Italy.
Nowadays a lot of companies have too long and uncertain payment terms. It is fundamental to stop this negative loop and to transform it into a positive one.
Companies joining the CPR code, undertake to respect the terms of payment agreed with their suppliers and to always pay them on time.
The CPR Code does not impose maximum payment terms but it requires that the agreed terms would be always fulfilled. As a general guideline, Assolombarda believes that the correct and reasonable payment terms should be in the range between 30 and 90 days.
The CPR Code established by Assolombarda is based on the British Prompt Payment Code, promoted by the British Government and CBI, the Confederation of British Industry.