IC System is an Accounts Receivable Management provider and one of the largest collection companies in North America. Founded in 1938, we’re family-owned and in our third generation of management. We provide ethical collections for consumer and commercial accounts in all stages of the revenue management cycle.
Clients include thousands of small businesses, many of which are members of the 500+ professional associations that endorse our services, and numerous brand-sensitive Fortune 500 companies. We leverage technology, emphasize data security, and promote innovation for Intelligent Collections resulting in upper-echelon client performance. Headquartered in St. Paul, IC System also has a branch office in La Crosse, Wisconsin.
Founded in 2014, Collectius is Asia’s leading fintech company in debt management services with operations in Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam and India in which it has a rapidly growing footprint of more than six million customers. The company services consumer and SME non-performing loan portfolios of more than US$7 billion, either purchased by Collectius or held by independent parties.
In a market where an estimated 100 million people are affected by bad debt management practices, Collectius is the market leader and, in partnership with International Finance Corporation (IFC), establishes the best practices for the industry to follow. The ‘Collectius way of Collection’ employs a customer centric approach to debt management supported by a data-driven collection platform and powered by machine learning and digital first communication. Collectius plays a key role in ensuring the stability of the financial system in Asia by providing banks and financial institutions the opportunity to offload their non-performing loans, thus strengthening their balance sheets and enabling them to continue extending credit that facilitates economic growth.
The company is majority-owned by its two founders Gustav A. Eriksson and Ivar Björklund, with the remainder owned by the IFC, Stena AB and Formica Capital.
Established in 1998 with roots dating back to 1950, Convergent is a leading provider of customer care outsourcing, receivables management and revenue cycle management services in the cable, commercial, healthcare, telecom and utility sectors. With 15 offices across four time zones, Convergent empowers its clients with an innovative combination of an adaptable workflow engine, technology-enabled operations, next-generation analytics and professional services to deliver superior financial performance and high levels of client and consumer satisfaction.
Convergent has two divisions: Convergent Outsourcing, Inc. and Convergent Revenue Cycle Management, Inc.
About Convergent Outsourcing, Inc.
Convergent Outsourcing, Inc. is an integrated customer care organization providing solutions to help clients bridge relationships with customers through enhanced, unified communication. Convergent customer care maintains brand equity while maximizing the customer experience through multi-channel voice, chat, e-mail and back office services that are continually measured for compliance and quality standards. Serving a diverse client base, Convergent has contact centers strategically located to provide geographic time zone coverage and skilled labor availability.
About Convergent Revenue Cycle Management, Inc.
As the premier niche revenue cycle management company in healthcare, Convergent offers a full suite of technology-enabled early out self-pay services, attorney-powered third party reimbursement and bad debt recovery for hospitals and healthcare providers. Our regulatory expertise and consumer-focused patient contact center technology optimize revenue cycle performance and improve healthcare provider relationships with patients.
In 2014, Convergent was acquired by Account Control Technology Holdings, Inc., which represents a diverse family of companies offering comprehensive business process outsourcing solutions.