IC System was founded in 1938 by Jack and Ruth Erickson. The company has its headquarters outside St. Paul, Minnesota. The company was created with the aim of providing ethical and quality services to customers. IC System consists of several companies having varying connections to the community and clients. It has about eight years of excellent service in the industry and a strong history of working with clients.
The company has passed through three generation of the Erickson family but never lost its purpose. This has been recognized consistently by independent organizations. In 2013, the company was a finalist in the Better Business Torch Award for Ethics. The company has always led in innovation and leadership among collection companies. For instance, it became the first company to move computers from typewriters.
IC system has participated in many community development initiatives since its inception. Yearly, the company has taken part in charity events donating resources, money, services and time. The employees at IC are encouraged to participate highly in volunteer projects. It is to no surprise that IC system has contributed to charity events such as The American Red Cross, the Special Olympics, and Toys for Tots. The company has not been left behind in exercising corporate responsibility through the promotion of the use of sustainable practices. Its goals are made through communication with partners, operation methods, and analysis of failures and successes.
IC system holds so many values that help it achieve a better decision. These values have a high influence on the office culture and provide guidance on how business is conducted within the company. The top five values include prioritizing integrity, treating people with respect, fostering innovation, taking pride in company work and delivering performance. Employees who show commitment to excellence is rewarded, with an emphasis on the promotion of these values. Being an accounts receivable company, it ensures that its practices are up to date with the relevant industrial standards.
The company, therefore, has a very efficient compliance Risk Management System. The system includes extensive training and auditing achieved through proper documentation. IC System is bonded and licensed in every state in the US. It is, therefore, able to collect debts in all the 50 states. With good practices based on a code of values, the company provides leadership in achieving customer results and corporate responsibility.