Ruth and Jack Erickson founded IC System in 1938 in St. Paul, Minnesota. They are an accounts receivable company that provides clients with collection agency services. They have been nominated as a finalist by the BBB Torch Award for Ethics in 2013, 2014 and 2015. They value their relationships with clients and take pride in treating everyone with respect and dignity. They focus on innovation and performance and encourage a cohesive work environment. They follow the compliance and regulatory standards of the CFPB and TCPA and apply current technology to provide accurate service.
Additionally, IC System supports their community and has created the Employee Charitable Help Organization. This organization assists a variety of charities such as the American Cancer Society and the American Red Cross with their philanthropic efforts. They also support the Ronald McDonald House, Special Olympics Wisconsin and St. Jude Children’s Hospital Charities. They train their staff with current auditing and enforce policies that ensure their standards are met. They have an audit department that consists of the chief financial officer, chairman and president of the company. The chief executive officer, chief compliance officer and director of audit are all responsible for monitoring fiscal activity.
IC System secures their organization by using the auditing services of FRSecure. This company ensures that IC System is protected from credit card fraud. They follow guidelines enforced by the Health Insurance Portability & Accountability Act and the Federal Trade Commission. They follow procedures initiated by the Payment Card Industry Data Security Standard and the Gramm-Leach-Bliley Act. They care about the environment and practice methods that reduce pollution such as using conserving energy and building efficient infrastructures. They enforce policies that allow employees to contribute to the company’s productivity and goals (Glassdoor).
There is a diverse range of companies that utilize IC Sytems services. The healthcare, dental and communications industries employs their services. The small, medium and commercial businesses employ their services as well as utility companies. The government and financial services industries also use their services. They are a secure and stable company and a trusted source within the collections industry.