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Giving credit where it's due

Giving credit where it's due

Business Posta day ago
In times of uncertainty, the credit control function in a business should be front and centre at all times. Rather than looking at the credit function as simply the 'debt collectors,' the potential for profitable growth in a business is greatly enhanced by a profit-focused, customer-friendly, commercially aware team of credit professionals who deliver excellence by ensuring customers stay buying and paying in full, on time every time.
'However, this does not happen by accident,' said Declan Flood, CEO at Irish Credit Management Training (ICMT). 'This is the result of hard work, cross departmental understanding, and business process development, coupled with an understanding of the risks and rewards in doing business.'
The stellar work of credit teams, which often goes unnoticed and unacknowledged, is the subject of the Irish Credit Team Awards, organised by ICMT, which seeks to celebrate hard-working credit teams across the island of Ireland. This year's ceremony takes place at a gala luncheon in The Royal Marine Hotel, Dun Laoghaire, on Friday 14 November 2025 at 12.30pm.
Applications are now open for and forms are available from https://irishcreditteamawards.ie/apply-now/. Closing date for receipt of applications is 5pm, Friday 12 September 2025. There is no charge for entry, and applicants will get access to best practice and helpful tips on how to deliver excellence in credit.
The ceremony starts with a drinks reception followed by a four-course lunch and the presentation of the awards in each category – as well as some fun elements such as the legendary quiz. The event has been getting bigger and better every time, and this year is shaping up to break all records.
'This year is the eight year of the awards, and there are a number of categories, so no matter the size of the team, the industry, or working nationally or internationally, there is a category for everyone,' said Flood. 'We also take the opportunity to recognise the top credit managers and credit controllers in the industry, as well as the service providers who support the profession through their products, systems and services.'
Winning an award is only part of the story too, says Flood. 'Applying for the award motivates the team to work together to achieve greater results; if they are shortlisted in their category, this is a bonus that recognises all the work that they have done, while winning a category is national recognition of superior performance. On the day, one of the category winners will be selected as the Overall Credit Team of the Year and join the prestigious company of previous winners, who include Grifols, Power NI and Waterwipes.
'In short, your participation will have a positive effect on your business and give your credit team the recognition they deserve.'
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Giving credit where it's due
Giving credit where it's due

Business Post

timea day ago

  • Business Post

Giving credit where it's due

In times of uncertainty, the credit control function in a business should be front and centre at all times. Rather than looking at the credit function as simply the 'debt collectors,' the potential for profitable growth in a business is greatly enhanced by a profit-focused, customer-friendly, commercially aware team of credit professionals who deliver excellence by ensuring customers stay buying and paying in full, on time every time. 'However, this does not happen by accident,' said Declan Flood, CEO at Irish Credit Management Training (ICMT). 'This is the result of hard work, cross departmental understanding, and business process development, coupled with an understanding of the risks and rewards in doing business.' The stellar work of credit teams, which often goes unnoticed and unacknowledged, is the subject of the Irish Credit Team Awards, organised by ICMT, which seeks to celebrate hard-working credit teams across the island of Ireland. This year's ceremony takes place at a gala luncheon in The Royal Marine Hotel, Dun Laoghaire, on Friday 14 November 2025 at 12.30pm. Applications are now open for and forms are available from Closing date for receipt of applications is 5pm, Friday 12 September 2025. There is no charge for entry, and applicants will get access to best practice and helpful tips on how to deliver excellence in credit. The ceremony starts with a drinks reception followed by a four-course lunch and the presentation of the awards in each category – as well as some fun elements such as the legendary quiz. The event has been getting bigger and better every time, and this year is shaping up to break all records. 'This year is the eight year of the awards, and there are a number of categories, so no matter the size of the team, the industry, or working nationally or internationally, there is a category for everyone,' said Flood. 'We also take the opportunity to recognise the top credit managers and credit controllers in the industry, as well as the service providers who support the profession through their products, systems and services.' Winning an award is only part of the story too, says Flood. 'Applying for the award motivates the team to work together to achieve greater results; if they are shortlisted in their category, this is a bonus that recognises all the work that they have done, while winning a category is national recognition of superior performance. On the day, one of the category winners will be selected as the Overall Credit Team of the Year and join the prestigious company of previous winners, who include Grifols, Power NI and Waterwipes. 'In short, your participation will have a positive effect on your business and give your credit team the recognition they deserve.'

Listen: 5th quarter ‘one of the biggest losses in the Irish diet'
Listen: 5th quarter ‘one of the biggest losses in the Irish diet'

Agriland

time13-06-2025

  • Agriland

Listen: 5th quarter ‘one of the biggest losses in the Irish diet'

'They say in the Irish diet, one of the biggest losses in the last decade is the fifth quarter as you call it – all your kidney, oxtail, all that kind of meat, because you're getting different nutrients out of it.' That is according to brothers Martin and Declan Flood who are running a second-generation family-owned butcher shop in Oldcastle, Co. Meath. Click here to listen to the podcast. Commenting on the use of offal cuts in diets, Martin said: 'It declined, but now it's back up on the rise bigtime again for body and bone health. 'Oldcastle has a lot of eastern Europeans living in it and they're way ahead of us in terms of their knowledge of the iron value of liver. 'There's other values that maybe tongue or heart would have and all our hearts, liver, tongue, they're all sold within a couple of days of bringing them in here in to the shop.' The butcher shop offers a range of fresh meats from mince to steak and everything in between. The beef used in the shop is predominantly all Angus and Hereford beef with good marbling, which is proving popular with their customer-base. Declan said: 'We have our own fully licenced slaughterhouse just out the road. We are probably one of only a couple now in the Co. Meath that actually slaughter – there's very few doing it. 'We kill there two days every week. We kill for the shop here and we kill for local farmers and farmers from surrounding counties with deep-freeze animals that bring their lambs or heifers to us. 'We slaughter them, bring them in here to the shop, cut them up, bag them, and put them in a freezer ready to go.' The brothers recently featured on an episode of the Agriland Beef Brief podcast where they discussed beef farming, fattening, finishing, and all things meat-related as well as changing consumer trends and customer preferences in their butcher shop.

Gary Barlow splashes out £20million on three lavish homes – in just a MONTH
Gary Barlow splashes out £20million on three lavish homes – in just a MONTH

The Irish Sun

time13-05-2025

  • The Irish Sun

Gary Barlow splashes out £20million on three lavish homes – in just a MONTH

GARY Barlow has been busy splashing out tens of millions on luxury property in the last month - in a surprising new business venture. The Flood hitmaker - together with Advertisement 5 Gary Barlow is relaunching himself as a property magnet Credit: ITV 5 Gary has made a fortune with Take That - seen here with remaining members Howard and Mark Credit: AFP 5 Gaz has been splashing the cash on properties in London that are worth millions Credit: LoopNet 5 The Sun can reveal he has spent £20million on three lavish homes in just one month Credit: PrimeLocation The singer is well known for being the main songwriter for Take That, and this, along with touring and releasing music, has boosted his bank balance considerably. The music legend, whose fortune is in excess of £100M, has posh homes in west London and the Cotswolds, but this time he's been throwing his cash about on a different type of investment. A couple of years ago, Now The Sun can reveal that the business partners' have made their first move in the game by hoovering up estates in one of the capital's most exclusive areas. Advertisement READ MORE ON GARY They've bought three huge and historic buildings in Richmond, south west London, a few miles from Gary's own £6M home. The trio are all a a mix of office and retail space at least three stories high - with two on the main high street and another just around the corner. Gary's cluster of properties is likely to have set the firm back at least £21 million - but they're going to rake in £1.8M in rent. Last year, the freehold of an adjacent and similar property to one of Gary's was selling for £7 million - and promising £598,000-a-year in rent. Advertisement Most read in Celebrity Latest The company filed charges with Companies House, which state that GE & GB Property now own the freehold on the properties. A rep for Gary declined to comment. Gary Barlow left red-faced as he admits he 'hasn't told wife' about 11 month long Take That tour TAKE THAT UPDATE Meanwhile, Take That fans will be pleased to know that the Their ninth record, This Life, went straight to No1 when they released it in November 2023, and now they are back for more. Advertisement Speaking exclusively to The Sun last month, Gaz told us: 'We're all working on a new Take That record right now. 'We all came off tour at the end of the year and said, 'Right, let's get to work'. 5 Gary has become a multi-millionaire many many times over thanks to being in Take That Credit: Getty 'It's been slated for next year. We just don't want to stop, really. Advertisement 'But I think we're at the point where we don't even really want to make an album, we just want to put singles out. 'We're writing, we're recording, and when we like something, we're just going to put it out.' He adds: 'The albums take years to make. And I often think of our fans, they want stuff now. They don't want to wait for two years.' BOYBAND FAME Gary shot to fame in 1990 when he joined the boyband Take That, alongside Advertisement In their early days they released songs like Could It Be Magic, Pray, and Relight My Fire. The group were an instant success, and became heartthrobs for teenagers of the 90s, who had their posters plastered on their walls. They were so big, that when they split in 1996, a helpline was set up to deal with the outpour of grief. However, they thrilled fans when they reunited in 2005, and they have never looked back. Advertisement The line-up has somewhat changed over the years - and they are now down to three members.

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