Tag: i.c. system
BNPL Collection Services: How a Collection Agency Helps Buy Now Pay Later Providers Recover More
BNPL Collection Services: How a Collection Agency Like IC System Supports Buy Now Pay Later Providers Buy Now, Pay Later (BNPL) programs are transforming consumer purchasing behavior across retail, e-commerce, and service industries — and financial service providers are taking notice. As BNPL adoption grows, so does the need for a trusted collection agency offering
Collection Agency vs. Small Claims Court: Making the Right Choice for Your Business
Collection Agency vs. Small Claims Court: Making the Right Choice for Your Business When businesses encounter unpaid debts, the choice between hiring a collection agency or going to small claims court is crucial. Both options have unique advantages, and carefully considering factors like cost, time, and potential outcomes will help determine the right path for
Consumer Collections: When Consumers Stop Paying, Listen
As a small business owner, you feel it when your fortunes shift—even just a little bit. When a consumer doesn’t pay for your products or services, covering your expenses becomes much tougher. Fortunately, you can shore up your financial strength by being proactive about the balances on your books and using consumer collections to recover
How can skip-tracing help you recover the debt?
Sometimes consumers will pull what appears to be a disappearing act. Bills are returned to your office marked with the yellow “no forwarding address” label. You pick up the phone and their number is out of service. You then call their employer, and they’ve never heard of the consumer. At this point, you may wonder
5 Tips: How to Choose a Collection Agency
When consumers stop paying for the services or products you provided, at some point, you’ll need assistance from a debt collection partner. But there is so much more than just a simple transaction when you choose a collection agency. If your third-party debt collector is a bad fit for you — that is, it’s not
IC System Earns President’s Volunteer Service Award
IC System has earned the President’s Volunteer Service Award. The award recognizes United States citizens and groups who have achieved the required number of hours of service over a 12-month period. The President’s Volunteer Service Award (PVSA) is the premier volunteer awards program in the country, encouraging citizens to live a life of service through
IC System President Recognized by Vistage Minnesota
The 2017 Vistage Minnesota IMPACT Award committee recognized IC System’s President and CEO, John Erickson Jr., at the Vistage MN Executive Summit on September 26, 2017. Among many nominees, Erickson was identified for the trust he nurtures in his business, as well as his leadership of IC System’s community outreach. The Vistage MN Impact Award
Utilities: Decrease accounts receivables and costly debt write-off
It’s a common scenario for a public utility company: Every few years, the governing body must hold its nose and vote to write off millions in uncollected debt. Of course, in many states, statutes of limitations force this unwanted step because after a debt reaches a certain age, it’s no longer legal to collect it. Despite best
IC System Celebrates 10 Years in Onalaska, WI
IC System’s branch office in Onalaska, Wisconsin, recently celebrated its ten-year anniversary. The Chamber of Commerce in La Crosse supported the ribbon-cutting event. Tanner Kabat, the Branch Manager of the Onalaska office, cut the red ribbon on August 29, 2017. Several members of IC System’s executive team—including Executive Vice President and CFO Kurt Heinbigner, Director
Dos and Don’ts of Easy Financial Conversations
Revenue. In the end, it always comes down to revenue—even in matters as important as one’s oral health. Experienced dentists know this, and that leads dentists handling financial conversations with their patients delicately. Chances are good that you’ve had a few tough conversations already, and you may have more in the future. To help ensure
