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Credit Management October 2022

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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PAYMENT TRENDS<br />

Switch to Direct Debit<br />

In Ireland, only four<br />

sectors saw increases to<br />

late payments, but it’s the<br />

scale of these increases<br />

which is cause for<br />

concern. The Hospitality<br />

and Business Admin &<br />

Support sectors, both saw<br />

hefty hikes to DBT.<br />

SLIGO<br />

-8 DBT<br />

LIMERICK<br />

0 DBT<br />

DONEGAL<br />

-12.9 DBT<br />

LONGFORD<br />

48.8 DBT KILKENNY<br />

75 DBT<br />

CARLOW<br />

0 DBT<br />

ULSTER<br />

5.8 DBT<br />

LOUTH<br />

31 DBT<br />

DUBLIN<br />

15.6 DBT<br />

WICKLOW<br />

51.9 DBT<br />

Why not spread<br />

KERRY<br />

-7.2 DBT<br />

Top Five Prompter Payers – Ireland<br />

Region Aug 22 Change from July 22<br />

Limerick 0 -3.7<br />

Sligo 0 -8<br />

Kerry 1.6 -7.2<br />

Donegal 3.6 -12.9<br />

Waterford 3.8 1.1<br />

Bottom Five Poorest Payers – Ireland<br />

Region Aug 22 Change from July 22<br />

Longford 120 48.8<br />

Wicklow 120 51.9<br />

Louth 99.3 31<br />

Kilkenny 90 75<br />

Carlow 46.4 0<br />

Top Five Prompter Payers – Ireland<br />

Sector Aug 22 Change from July 22<br />

Financial and Insurance 0 -2.9<br />

Health & Social 0 0<br />

International Bodies 0 0<br />

Entertainment 2.3 -19.9<br />

Real Estate 2.5 -19.7<br />

Bottom Five Poorest Payers – Ireland<br />

Sector Aug 22 Change from July 22<br />

Business Admin & Support 120 52.4<br />

Water & Waste 120 0<br />

Other Service 68.4 27.9<br />

Hospitality 62 60<br />

Construction 28.5 -8.5<br />

WATERFORD<br />

1.1 DBT<br />

Getting worse<br />

Hospitality +60,<br />

Business Admin & Support +52.4,<br />

Other Service +27.9<br />

IT and Comms +0.9<br />

Getting better<br />

Entertainment -19.9<br />

Real Estate -19.7<br />

Wholesale and retail trade -19.4<br />

Manufacturing -14.5<br />

Construction -8.5<br />

Financial and Insurance -2.9<br />

Professional and Scientific -2.6<br />

Public Administration -2.5<br />

Transportation and Storage -1.4<br />

the cost of your<br />

Serrala<br />

CP<br />

CICM Membership<br />

Manage your own cashflow<br />

Simply scan the code below using your phone,<br />

print and return to CICM, 1 Accent Park, Bakewell<br />

Road, Orton Southgate,Peterborough PE2 6XS<br />

and we will do the rest!<br />

Another reason to be a member<br />

Make the switch to Direct Debit<br />

For details contact: info@cicm.com<br />

Brave | Curious | Resilient / www.cicm.com / <strong>October</strong> <strong>2022</strong> / PAGE 30

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