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ASEAN Procurement Innovation Summit 2025 | 17-18 JUNE 2025 | SHERATON IMPERIAL HOTEL KUALA LUMPUR, MALAYSIA | Award Nomination Due Date : 30 MAY 2025 |

Collection of Trophies

Swift Payment Excellence

Award

Explore the award categories and their descriptions carefully. Ensure your submission aligns with the criteria before proceeding. Once ready, complete your entry and submit it for consideration.

This award recognizes companies that demonstrate a strong commitment to timely payments and financial responsibility. It is given to businesses that ensure on-time payments to suppliers, fostering trust and sustainability in supply chains.

  • Outline the financial or payment challenges faced and their impact on the organization and suppliers.

  • Describe the approach taken to improve payment processes, highlighting best practices or innovations.

  • What were the most challenging aspects of ensuring timely payments, and how were they overcome?

  • What were the expected outcomes of improved payment practices, and what results have been achieved? Provide evidence and stakeholder feedback.

  • What learnings have been embedded into the organization, suppliers, or financial processes?

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