Data scrubbing to ensure accurate consumer information is an essential debt collection tool. IC System’s data scrubbing and optimization program cleans your accounts to support effective collection efforts with higher quality data. Having good data means we take a smarter approach to your accounts. IC System’s “How Debt Collection Works” blog series continues with this
The last few months have been rough. Between the coronavirus pandemic, social distancing, home-schooling for kids, massive unemployment rates, and dealing with business in a remote environment, we all could use some inspiration. Fortunately, there are brave healthcare workers, grocery store employees, and charitable organizations on the front lines who inspire us every day. Their
Americans looking to bring some much-needed distraction and joy into their homes during lockdown have turned to pet adoptions. It’s excellent news for these animals, who need and deserve a loving home. But what does this increase in pet owners, some of whom are either unemployed or working reduced hours, mean for your veterinary clinic?
Not all accounts are ideal for collection efforts. It’s difficult to know which accounts you should send to your collection agency and when. IC System’s “How Debt Collection Works” blog series continues with a discussion about the best practices for account placement. You have already received some tips for choosing a collection agency and advice about which products
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
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
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.
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.
You’ve already received some advice about how to determine if IC System is right for your office. Now you need to select your product or collection service. To continue our blog series about how debt collection works at IC System, Tom Mayfield, a District Sales Manager with over ten years in debt collection sales experience,
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