IC system is a leading company in the Collections industry. In 2013, 2014, and 2015, the company was a finalist for the Better Business Bureau’s Torch Award for Ethics. It was founded by Ruth and Jack Erickson in 1938. IC System is an accounts receivable company. They keep a constant focus on ensuring that their practices are in compliance with all of the standards required in the industry. In order for IC System to do this, they maintain a robust Compliance Risk Management System. This includes extensive auditing, rigorous training and thorough documentation. This means that the company can confirm that all policies exist and that they are properly documented. The company can also make sure that staff is properly trained. In order to further ensure proper compliance, every policy is audited on a regular basis.
IC System has also lent a helping hand to small communities in order to amplify their ethical business guidelines. This is evident when they developed a philanthropic team within their company, known as Employee Charitable Help Organization (ECHO). This team was created in 1981, and the members are responsible for organizing the company’s employee charitable efforts. They achieve this goal every year by creating donation events, organizing activities that involve the community, and giving employees the opportunity to volunteer and get them involved in philanthropic outreach programs.
Throughout each year, the company will also organize multiple blood drives. During these drives, the company hosts a mobile blood drawing unit, which is provided by the American Red Cross, in order to allow employees to immediately come and donate blood. Often times, these drives often yield high dividends, as seen in 2016 alone, when staff members had donated over fifty pints of blood cumulatively. According to estimates that ECHO made, that amount of blood can be used to save over 150 lives.
Through their diligence and courageous efforts to not only provide cutting-edge service to every patient, as well as their willingness to concern themselves with the larger community, their ideas of working to help others has made a huge impact.