Star Tribune Names IC System a 2020 Top 150 Workplace

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Star Tribune Names IC System a 2020 Top 150 Workplace

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Netback: The Best Way to Evaluate Your Collection Agency

Netback: The Best Way to Evaluate Your Collection Agency

If you have used or shopped around for a collection agency, you know they offer various services. Most collection agencies will make calls, send letters, and possibly even credit report your past-due consumers. But rather than evaluate a collection agency on its list of services, the most critical aspect of your relationship with your collection

Four Strategies to Improve Cash Flow During COVID-19

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Countless businesses have experienced poor cash flow during the pandemic. Any office remains at risk, given the sheer unpredictability of our future. Still, there are strategies you can take to fortify your cash flow for the time being. A smart approach to improve cash flow begins by committing to a process that reduces spending and

How Debt Collection Works, Part 6: Client Service

select your product - ic system

Business relationships last because of excellent client service. No matter your industry, the level of service you receive will often shape whether you value the ongoing relationship. When you partner with a collection agency and have questions about their service, someone knowledgeable should be available to provide a friendly experience. You should also have access

When Does Your Small Business Need Debt Collection Services?

How much time do you spend calling or sending letters to your past-due consumers? Chances are, it’s too much time. Or maybe it’s not enough. One of the main reasons that many small businesses fail is because of poor business planning. An effective business plan should include a detailed accounting of your cash flow and

How Debt Collection Works, Part 5: Collection Strategy

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Letters and calls are the bread and butter of a debt collection strategy. IC System’s “How Debt Collection Works” blog series continues with a discussion of our proven letter and call approach. Mike Selbitschka, IC System’s Vice President of Operations, talks about the collection strategy and efforts that occur after you have selected your product,

Better Debt Collection with Data Security and Compliance

When you think about ways to evaluate a potential collection partner, your first thought is probably about performance or experience, not data security and compliance. But these factors remain vital when choosing a debt collection company. Ensuring your data is protected, and your consumers are treated fairly according to regulatory mandates, reduces the risks to

How Debt Collection Works, Part 4: Data Scrubbing

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

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