Blog
IC System Honored with Brainier Award for Employee Development Program
IC System is proud to announce that it received the “Customer Excellence Award – Developing Leadership/Blended Learning” from Brainier at the 2018 E3Learning User Conference held September 17 and 18 in Minneapolis. IC System received the award for their employee training and development program, called Leaders of Tomorrow. The award-winning program cultivates employee talents, teaches
IC System Receives CFO of the Year Award
IC System’s CFO and Executive Vice President Kurt Heinbigner has been announced by Minneapolis/St. Paul Business Journal as an outstanding financial executive in the Twin Cities. Minneapolis/St. Paul Business Journal announced its list of honorees on September 21, 2018. Mr. Heinbigner was awarded as part of the large private company CFO category alongside two other
What security safeguards should your collection partner have?
Data security and the importance of protecting consumer information remains a top priority for any business that gathers and stores sensitive records. Credit card numbers, personal contact information, social security numbers, and medical records could all be at risk if a business does not take the proper steps to protect themselves. This is especially true
Next Recession Will Pose Challenges for Local Governments
With several analysts warning that a recession could hit the nation in 2020, state and local government finance officials should be mindful of how their budgets will be affected by federal fiscal conditions. Specifically, a large federal budget deficit, coupled with historically low interest rates, could present challenges to local coffers in the event of
How can billing automation help with dental debt collection?
Cash flow is the lifeblood of your dental practice. But the thing that holds back your cash flow (and inflates your accounts receivable days) may have to do with the speed of your processes. If the invoices are only going out to patients in a trickle of paper statements, expect the payments to come in
Can a collection agency get you paid more quickly?
Every introduction to sales tactics will teach you that your pitch won’t win over customers without a hook that makes the service stand out from the pack. Here’s one you may have heard in your quest to find a collection agency: How they can get you paid more quickly. Speed is not much of a
IC System Golfs for Charity
For the last 20 years, IC System has gathered every summer for the company’s annual Charity Golf Tournament. The family-owned accounts receivable recovery company, which celebrates its 80th anniversary in business as of 2018, met at Tanners Brook in Forest Lake, Minnesota, for the tournament this year. The weather was gorgeous and the golfers were
Government: Internal Debt Collection Tips
Much like other types of debt, past-due government accounts generally become more difficult to collect the older the accounts get. When the accounts age to the point where your office can no longer efficiently and effectively collect them, it makes sense to team with a trusted collection partner such as IC System to try to
4 Ways to Get Paid on Time
Every business deals with the occasional late payer. Sometimes they’re a few days past-due, sometimes they can’t pay for months. Sometimes, when you make them aware of the lateness of their account, they jump right on the issue and resolve it. Other times, they actively avoid your calls and letters, requiring additional effort on your
IC System’s Back to School Drive
Summertime is a slower period in the collection industry. Between tight budgets, summer vacations, and the children home from school, everyone has a little less money to throw around than other times of the year. Perhaps that’s why, around the end of August, when the kids start getting ready for school again, many parents find
