What is your organization's policy to prevent late payments, specifically for SMEs?

This indicator requires you to disclose: Late Payment Prevention Policy: Describe your organization’s policy and practices to prevent late payments, with a specific focus on small and medium-sized enterprises (SMEs). Key Measures in Place: Explain the steps taken to ensure timely payments to SMEs, such as: Standard payment terms (e.g., maximum agreed payment period for SMEs). Fast-track processing for SME invoices. Digital payment systems to reduce processing delays. Commitment to fair payment practices, including compliance with national or international prompt payment regulations. Monitoring and Compliance: Describe how your organization monitors payment performance, including: Internal tracking of payment timelines. Reporting mechanisms for SMEs to raise concerns. Corrective actions taken in case of late payments. https://xbrl.efrag.org/e-esrs/esrs-set1-2023.html#d1e39645-3-1