Payments

Early Payment Program

Lilly’s standard payment terms are net 60 days. However, as a supplier you have multiple options to select early payment terms in exchange for a discount. Invoices will only be paid on the discount due date if the invoice has been approved for payment by the Lilly contact. Invoices which were not approved by the discount due date will not be paid until the net due date (typically net 60 days).

Negotiated Contractual Discount Terms

If discounted terms have been negotiated and included in the contract language, those terms will be applied to all invoices submitted. The supplier will not have the option to select which invoices the discount is applied.

Web Invoicing Suppliers - Rapid Pay Program

Through our collaboration with Direct Commerce, we have created an easy way for suppliers to elect early payment terms at the time of invoicing in exchange for a discount. Many discounted terms are offered to provide flexibility to the supplier. It is a very simple process: When a supplier submits an invoice via the web, edit payment terms from a drop-down menu and submit.

The benefits of the Rapid Pay program are requesting an early payment in lieu of discount is at the sole discretion of the supplier. This program allows supplier flexibility to meet their cash flow needs. If you would like to learn more, please contact Direct Commerce at 415-288-9700 or support@directcommerce.com.

Other Options

There may be rare instances where your invoice has been processed without discounted terms and you would like to be paid early. This may be an option, please contact the Lilly P2P Answer Center at 317-655-2700 or 877-511-1529 or via email at P2P_Answer_Center@Lilly.com. They will review your open invoices and provide the discount options available.

Methods of Payment

Lilly issues payments on a weekly basis. All invoices which have reached their payment term maturity will be accumulated and paid in the next weekly payment via electronic payment or U.S. dollar check.

Electronic Payment

For immediate receipt of payment, we encourage all suppliers to select the electronic payment method. This eliminates payment receipt delays and checks being lost or stolen.

  • Remittance advices are sent directly from Lilly’s bank to the vendor email or fax included in the supplier’s master record. To avoid email remittance advices being stopped as spam, we recommend your IT department do the following:

    • Accept email coming from grspelilillyco@mail.xpedite.com 

    • Whitelist the following IP addresses:

      • 10.230.230.81

      • 137.236.4.13

      • 137.236.4.42

      • 137.236.4.43

      • 137.236.76.52

  • Suppliers can also view the remittance advice through the web invoicing system.

  • For U.S. bank accounts, Lilly utilizes CCD ACH with remittance available via our online web portal (Direct Commerce) and email or fax.

  • Suppliers located outside the U.S. will be paid by wire transfer. All business with a Lilly affiliate should be in the same currency.

Existing Suppliers – How To Enroll in Electronic Payments

U.S. Dollar Check

If you do not choose to provide banking information, you will be paid by U.S. dollar check. This check will be mailed via first class U.S. mail or air mail. We will NOT mail any checks for overnight delivery.

If your check is not received within two weeks (for checks mailed within the U.S.) or three weeks (for checks mailed outside the U.S.), please complete the Stop Void Check Request Form. Email the completed form to P2P_Answer_Center@Lilly.com.

Purchase Orders

Purchase of goods and services

A supplier will need a Purchase Order (PO) before work can begin for all goods and services, regardless of the amount. There are limited exceptions to that requirement noted below.

Payments not requiring a PO (non-PO)

For purchase of goods less than $10,000 many departments have a Visa purchasing card (PCard) that can be used. This method is NOT acceptable for the purchase of services. If you accept payment via credit card and meet the requirement above, please discuss this option with your Lilly contact to determine if the purchase can be made via the PCard. Otherwise, a PO is required to receive payment of your invoice.

Other exceptions not requiring a PO

Acceptable exceptions include: Payments to government organizations, financial institutions and civic organizations. Payment for utilities, corporate association & membership dues, leased real property, farm animals, alliance fees & milestones, insurance, royalties and 3rd party business travel. Please work directly with your Lilly contact to obtain direction on invoicing for your services.

Click here for acceptable methods to submit invoices to Lilly.

PO Terms and Conditions

  • Standard terms are 60 days.

  • Terms will begin when Lilly RECEIVES the supplier’s invoice.

  • Lilly makes weekly payments, typically on Tuesdays. Lilly does not pull forward payments. If the invoice is not due at the time of the weekly payment run, the invoice will be paid during the next weekly payment.

  • Suppliers wishing to be paid earlier can enroll in Lilly's Early Payment Program.

  • All payments to a supplier must be made to the supplier either:

    1. in the country where the third party's principal business is incorporated; or

    2. in the country where the goods are supplied or services are rendered, but only if the third party has an office in and normally conducts business in that country.

PO Terms by Country