The new standard in payments
We pay within 19 days, maximum!
SIKO Pay+ is SIKO's flagship program designed to consistently reduce and maintain shorter, more predictable payment terms for our carriers.
Its foundation rests on a simple principle:
THE CARRIER IS NOT THE MARKET'S CREDITOR.
Our mission is to reduce carriers' dependency on external payment cycles and ensure fair financial stability within the sector.
Mission - Restoring Fairness to Settlement Cycles
Through the SIKO Pay+ program, we aim to ensure:
Fairness: Ensuring the carrier receives their remuneration quickly and on time.
Speed: Maintaining a payment standard of up to 19 days, often sooner.
Trust: Building reliable relationships through timely payments and predictability.
Leadership: SIKO sets the industry standard, rather than following the market.
Transparency: Clear deadlines and open communication.
Impact on carriers —
What the carrier wins
Feed-up resource: ≈ 35 000 € per truck
Transitioning from 60-day payments to a 19-day cycle liberates approximately 35,000 € in working capital per truck. This resource can be immediately utilized for:
Fleet expansion
Equipment replacement and upgrades
Salaries and bonuses
Growth and modernization
Reduced dependence on bank financing
Impact on the entire industry
Shorter terms create a healthy market logic: you work → you get paid on time.
Forwarding companies improve risk and cash flow management.
Pressure is gradually generated on end-clients to normalize and shorten payment cycles across the sector.
From 60 to 19 days —
The chronology of change
Pre-2022: standard market terms: from 45 to 60 days
October 2022: reduction to 30 calendar days
November 2023: further reduction to 28 calendar days
2024–2025: introduction of 19 calendar days, often paying even earlier than agreed
This is the foundation of SIKO Pay+: consistency, discipline, and daily actions in support of fair and predictable relationships.
The campaign „Thank you with Deeds“
In December, we conduct an advance payment of all outstanding invoices — a gesture of respect for the hard work and risk that carriers undertake upfront.
SIKO Pay+. It's time for better practices.
For a stronger and fairer sector.
