IC System’s COVID-19 Response

A message from IC System’s President & CEO, John Erickson: As we all adjust to these uncertain times, know that IC System is fully operational and ready to help generate revenue on your behalf. Managing your A/R may not currently be your first priority during this pandemic, but rest assured that we will continue to

Local Distillery Inspires with Their Coronavirus Response

As everyone continues to process the headlines and changing reality concerning the COVID-19 situation, it’s always nice when you find someone whose coronavirus response gives you inspiration and hope. That’s certainly the case with Vikre Distillery, a Minnesota spirits maker that normally creates a variety of gins, vodkas, and whiskeys. Faced with the pandemic and

How to Reduce Patient Stress in Healthcare Collections

nurse gently touching the should of a patient

Now more than ever, it’s no surprise that Americans feel stressed about their medical bills. CNBC reports that more than a third of all Americans (137 million) have struggled to cover the cost of their medical bills since the rise of high deductible health plans in recent years, leading to an increase in healthcare collections.

Tax Deadlines Change in Response to COVID-19

As a response to the coronavirus pandemic, the U.S. Treasury Department has announced that individual taxpayers and businesses have a new deadline to file their federal returns and pay their taxes: July 15. It was announced on Friday, March 20, that the new July 15 deadline would be moved as another measure by the U.S.

How Debt Collection Works, Part 2: Pick Your Service

You’ve already received some advice about how to determine if IC System is right for your office. Now you need to pick the right collection service. To continue our blog series about how debt collection works at IC System, I sat down with Tom Mayfield, a District Sales Manager with over ten years in debt collection

New Movie “Buffaloed” Takes Aim at Collection Industry

There’s a new movie called Buffaloed that sets its sights on the debt collection industry. It portrays debt collectors as shady criminals who are willing to knock on doors, make nasty threats, and dupe the elderly into repeatedly paying off the same debt—anything to collect on the “paper” they have purchased from creditors. The movie concentrates on

IC System Welcomes Matt Isaacson as Chief Revenue Officer

picture of Matt Isaacson

IC System, one of the largest collection agencies in the United States, is pleased to announce Matt Isaacson as its new Chief Revenue Officer. Matt will be responsible for the company’s Sales and Marketing initiatives. Matt comes to IC System with nearly 20 years of sales, marketing, and executive experience. In his new role, Matt

IC System Takes the Polar Plunge in Minnesota

IC System was on the ice for 2020’s annual Polar Plunge in White Bear Lake, Minnesota. The event, now in its 18th year at this location, supports the Special Olympics Minnesota. Upwards of 13 volunteers from IC System lept into Ramsey Beach on White Bear Lake on Saturday, January 25. Our team helped raise over

How Debt Collection Works, Part 1: Finding a Collection Partner

You know that your business or practice needs a collection partner, but you’re not sure about what qualities should drive your decision-making process. In this series of informative blogs by IC System about accounts receivable management, some of our tenured experts will provide their insights about various aspects of the debt collection process. The first

Tax Season Debt Collection Strategies and Why They Matter

Many retailers make or break their year based on the success of the holiday shopping season. The period between Black Friday and the year’s end represents nearly 50% of some retailers’ annual sales. The same is true of the collection industry during tax time, a period in which IC System’s collections can increase by up