Doing business with Cognizant

Our Global Procurement function sets the supplier strategy across different categories and regions, selecting and vetting suppliers, putting in place agreements and managing relationships so the business can draw on suppliers’ products and services to do their jobs.

If you are an existing or a new supplier to Cognizant, you will need to comply with the following policies and guidance:

• Supplier Standards of Conduct
• Occupational Health and Safety Policy
• Cognizant’s Environment Policy
• Supplier Diversity Policy

On successful onboarding of the supplier, the business is free to transact with a supplier as and when needed. The approved suppliers may be contacted by various parts of the business requesting goods or services.

Supplier Diversity at Cognizant

Are you a diverse-owned business? Do you want to collaborate with Cognizant? Then, visit our Supplier Diversity Page to learn how.

Billing Cognizant and payment terms

While adding a new supplier to the Cognizant-approved supplier database, the Global Procurement team establishes payment terms. The Payment Terms in the database dictate when payments to suppliers will be made. Generally, Cognizant employs a "Net 90" payment term, meaning that the payment will be issued 90 days from the date that the suppliers’ invoice is received at the Accounts Payable address.

Cognizant’s Accounts Payable department is responsible for the timely processing of supplier invoices issued against approved purchase orders. Upon shipment of products or services performed as requested on the official purchase order, the supplier is required to submit all corresponding invoices in a timely manner directly to Accounts Payable (within 7 business days from shipment or service completion) as instructed on the purchase order.

As part of Cognizant's ongoing policy to continuously improve efficiency and service to customers and suppliers alike, we are implementing the next stage of our overall electronic strategy. The changes will affect how we send purchase orders (POs) and receive order confirmations and invoices to our accounts payable group.