How to Start Collecting Business Debts – Quickly and Automatically with InstiCollect

 

Consumer debt is steadily climbing due to trends such as pandemic recovery (e.g., rent recouperation), fear of recession, healthcare (e.g., pushing more healthcare costs onto patients), and other current trends. Smaller businesses will be impacted more due to their lack of resources and training to collect this increased debt.

In a new episode of the podcast “Closing the Books,” host Eric Johannes interviewed Lee Brockney, General Manager of Main Street Recoveries at IC System. The two talked about how IC System used innovation and 85 years of debt recovery experience to create their new offering,  InstiCollect, which is aimed at helping businesses with less than 50 monthly debts quickly and easily get started on recovering their revenue.

Johannes and Brockney also discussed:

  1. What type of organizations would benefit from using InstiCollect
  2. How clients can start collecting debts in about 15 minutes
  3. How IC System online tools and aids make it easy for users to learn the platform quickly

“InstiCollect is a brand-new product here at IC System… Essentially, it is a standardized, streamlined, all-in-one collection product… What we’ve done is take the most productive IC processes found across multiple IC product lines and package them into one simple-to-use product that really can have our clients live and submitting debts within minutes of making the decision to buy,” said Brockney.

Lee Brockney is the General Manager of Main Street Recoveries at IC System. He’s held several roles at IC System over his almost 20-year tenure, with advancing responsibilities.

 

Recent Episodes

Leadership today is being reshaped by a simple lesson many leaders learn the hard way: a team full of people who think the same way won’t get you very far. Research shows that teams with deeper diversity—meaning differences in perspectives, values, and cognitive frameworks—consistently outperform more uniform teams in creativity, innovation, and complex decision-making. Today,…

In today’s whiplash workplace—where startups scale fast, funding dries up faster, and employee expectations keep evolving—HR isn’t a back-office function anymore. The rise of fractional leadership, remote teams, and constant regulatory change has forced companies to rethink how they support people while still hitting business goals. Leaders are realizing that “culture issues” often trace…

Private credit has become one of the most significant shifts in modern finance—quietly but rapidly reshaping how private companies access capital. Over the last decade, assets under management in the space have surged from roughly $500 billion to about $2 trillion, fueled by post-crisis regulation, a growing appetite for yield, and the rise of…