Vendor Payment Policy

At Alyura, we value our vendors and strive to maintain transparent and efficient payment processes to ensure a mutually beneficial partnership. Our payment policy is designed to provide clarity and reliability regarding financial transactions between Alyura and our esteemed vendors.

Payment Schedule:

1. Payment Cycle: Payments to vendors are processed on a periodic basis, with disbursements made within 7 days of the completion of the payment cycle.
2. Payment Period: The payment cycle duration is typically determined by the specific agreement between Alyura and the vendor. However, regardless of the cycle duration, payments will be settled within 7 days after the end of each cycle.

Payment Methods:

1. Electronic Funds Transfer (EFT): Payments will be made directly to the bank account provided by the vendor. It is the responsibility of the vendor to ensure that accurate and up-to-date banking information is provided to facilitate smooth transactions.
2. Alternative Payment Methods: In certain cases, alternative payment methods such as PayPal or other digital payment platforms may be utilized, subject to mutual agreement between Alyura and the vendor.

Payment Discrepancies:

1. Transparency: Alyura is committed to transparency in all financial transactions. In the event of any discrepancies or concerns regarding payments, vendors are encouraged to promptly contact our dedicated support team for resolution.
2. Dispute Resolution: Any disputes regarding payments will be thoroughly investigated by Alyura’s finance team, and appropriate measures will be taken to address and resolve the issue in a timely manner.

Compliance and Tax Obligations:

1. Tax Documentation: Vendors are responsible for providing accurate tax documentation, including invoices and any relevant tax identification numbers, as required by local regulations.
2. Compliance: Alyura complies with all applicable tax laws and regulations. Vendors are expected to adhere to these regulations in their respective jurisdictions and ensure compliance with all tax obligations related to their transactions with Alyura.

Vendor Obligations:

1. Product/Service Quality: Vendors are expected to maintain the highest standards of quality and integrity in the products or services they offer through the Alyura platform.
2. Timely Fulfillment: Vendors are responsible for fulfilling orders promptly and providing accurate shipping and delivery information to ensure a positive customer experience.
3. Communication: Effective communication between vendors and Alyura is essential for resolving any issues or concerns related to payments or transactions.

Conclusion: By engaging with Alyura as a vendor, you agree to abide by the terms and conditions outlined in this Vendor Payment Policy. We are committed to fostering a collaborative and mutually beneficial relationship with our vendors, and we appreciate your cooperation in adhering to these guidelines.