Some companies have respected a diversity of opinions and backgrounds for decades. One of these companies is IC Systems which was founded by a married couple, Ruth and Jack Erickson. However, it was Ruth Erickson who primarily founded it 80 years ago. Not long after it was founded Jack passed on and so Ruth took over as the top executive. It is said that she was a very tough person who stood fast in the face of adversity. From these roots one of the top accounts receivable firms in the nation was born. (prnewswire)
IC Systems opened for business in 1938. It is based in a suburb of St. Paul, Minnesota and was established in order to resolve financial situations between their clients and their customers. The company was founded upon a bedrock of being ethical and honest in its dealings while completing its mission to collect on payments owed to its clients. This core philosophy was codified a number of years ago and continues to guide the actions of its employees and management team.
When IC Systems was first established Ruth Erickson would show up at the doors of local small businesses in order to advertise her company to them. Back then credit cards had been invented yet. Instead a business would independently establish a credit account for their customers who needed on. When there were accounts that fell behind in regards to payments small businesses would thus often need some help getting them resolved. Ruth started out handwriting letters to these customers in order to get the matter resolved successfully.
As technology developed over the years IC Systems kept pace with it. When Ruth learned of computers in the late 1960s and what they could achieve she invested in them. IC Systems used computers to rapidly process and mail letters out to the customers of her clients who were in arrears. As this company was the first one in the business to use this new technology they were able to outpace their competitors in the industry through achieving better results. Her grandchildren now run this company and continue to invest in technology that will help this company thrive.