IC System has existed for over 80 years. During 1938 the company was founded by Ruth and Jack Erickson. The company is headquartered in Saint Paul, Minnesota. IC System has withstood the changes in technology by embracing change and innovation. The company was the first company of its kind to begin using computers rather than typewriters. More than three generations of the Erickson family leads IC Systems based upon the ethical principles on which it was established. The company is highly respected by other organizations for the ethical practices used within the corporation.

As a sizeable organization in the collections industry, IC System has the capability of assisting organizations of all sizes. Regarded as an industry leader, IC System serves organizations which range from small businesses to fortune 500 companies. There are thousands of companies around the United States, which are provided accounts receivable management by IC System.

The company participates in various philanthropic efforts. Employees of IC System participate in a Special Olympics annual fundraiser named the Polar Plunge. Participants of the Polar Plunge have the option of running in the 5 kilometer run or diving into Pettibone Beach. Additionally, the company participates in Red Cross blood drives. Moreover, IC System has participated in food drives through partnerships with charities such as Gillette Children’s Hospital and the Ronald McDonald House. The company also assists with the construction of homes by volunteering with Habitat for Humanity. Recently, the company provided $10 donations to the American Cancer Society for each Minnesota Twins baseball game ticket purchased by employees for a Saturday game they attended.

The company is respected by current and former employees. Members of the staff have provided IC System with 5 star ratings. IC System is recognized for providing work/life balance to employees and offering a good organizational culture. Moreover, the company is recognized by staff for providing sufficient compensation. A former employee indicated the company was the best place he ever worked throughout his entire career.