Hasta La Creative!

Global candy giant Mars Inc. is seeking longer payment terms from suppliers — including from at least one U.S. marketing agency — becoming the latest big advertiser to engage in the controversial practice.

The maker of M&Ms and Snickers confirmed to Ad Age that it has sought to extend the period before suppliers get paid to as long as 120 days.

“We can confirm that while our objective is 120 days, there is a spectrum of days payable with each of our vendors based on various factors including geography and scope,” the company said in a statement. “The reason we made this move to 120-days payment terms is to align closer to the trends of our peers.”

Continue reading at AdAge.com