Payments
Use the Portal to check invoice status and details of payment. You will leave Lilly.com. Click "continue" to proceed to the portal.
Standard Payment Terms (unless country-specific legal requirements dictate otherwise for the below points):
Lilly standard payment terms for suppliers are Net 60 days.
Supplier payments are executed weekly without pulling payments forward, unless early payment discount terms apply.
Payment terms are applied based on the date the supplier's invoice is received by Lilly (receipt date) and not the supplier's invoice date.
Reference to 60-day payment terms, weekly payment runs and terms based on invoice date of receipt are captured in Lilly's Purchase Order Terms and Conditions.
Note: Lilly’s preferred method of payment is electronic. This eliminates payment receipt delays. Payment/remittance advice is sent directly from Lilly’s bank to the supplier email, which is populated in the supplier’s master record for Lilly.