4 days ago
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.'
