Short definition Average time taken from receipt of accurate payment information from creditors until payment To show average time taken to pay creditors to ensure payment Purpose/Importance within 30 days Payment records Source/collection of data Method of calculation Recorded ate of receipt of invoice until date of payment Accuracy of of receipt until date of payment Data limitations Type of indicator Activities Non-cumulative Calculation type Reporting cycle Quarterly Yes New indicator Desired performance It is desirable that all creditors be paid within 30 days CFO Indicator responsibility Indicator title Compliance with SCM laws and regulations Compliance with all SCM laws and regulations by the NHC Short definition Purpose/Importance To demonstrate the NHC’s compliance levels with SCM laws and regulations Unauthorised, Irregular and Fruitless Expenditure Register Source/collection of data Total amount of unauthorised, Irregular and Fruitless Method of calculation Expenditure Register Data limitations Accuracy of Unauthorised, Irregular and Fruitless Expenditure Register Activities Type of indicator Calculation type Non-cumulative Monthly, Quarterly, and Annually Reporting cycle New indicator New 100% compliance with SCM laws and regulations is desirable Desired performance CFO Indicator responsibility Procurement lead time targets achieved as per delegations of Indicator title authority Short definition Procurement processes to be completed within targeted timelines Purpose/Importance To show the amount of time taken to complete procurement of goods and services Information sourced from the Procurement Reports Source/collection of data Method of calculation The level to which the Annual Procurement Plan has been implemented Accuracy of the Procurement Reports Data limitations Type of indicator Activities Calculation type Non-cumulative Monthly, quarterly, and annually Reporting cycle New indicator New 100% achievement of the targets is desirable Desired performance Indicator responsibility CFO Indicator title Respond to issues received annually (%)
Short definition Average time taken from receipt of accurate payment information from creditors until payment Purpose/Importance To show average time taken to pay creditors to ensure payment within 30 days Source/collection of data Payment records Method of calculation Recorded ate of receipt of invoice until date of payment Data limitations Accuracy of of receipt until date of payment Type of indicator Activities Calculation type Non-cumulative Reporting cycle Quarterly New indicator Yes Desired performance It is desirable that all creditors be paid within 30 days Indicator responsibility CFO Indicator title Compliance with SCM laws and regulations Short definition Compliance with all SCM laws and regulations by the NHC Purpose/Importance To demonstrate the NHC’s compliance levels with SCM laws and regulations Source/collection of data Unauthorised, Irregular and Fruitless Expenditure Register Method of calculation Total amount of unauthorised, Irregular and Fruitless Expenditure Register Data limitations Accuracy of Unauthorised, Irregular and Fruitless Expenditure Register Type of indicator Activities Calculation type Non-cumulative Reporting cycle Monthly, Quarterly, and Annually New indicator New Desired performance 100% compliance with SCM laws and regulations is desirable Indicator responsibility CFO Indicator title Procurement lead time targets achieved as per delegations of authority Short definition Procurement processes to be completed within targeted timelines Purpose/Importance To show the amount of time taken to complete procurement of goods and services Source/collection of data Information sourced from the Procurement Reports Method of calculation The level to which the Annual Procurement Plan has been implemented Data limitations Accuracy of the Procurement Reports Type of indicator Activities Calculation type Non-cumulative Reporting cycle Monthly, quarterly, and annually New indicator New Desired performance 100% achievement of the targets is desirable Indicator responsibility CFO Indicator title Respond to issues received annually (%)