Whether you’re trying to collect on a delinquent loan or recover a charged-off loan, medical, property or other debt, the opportunity for connecting and collecting keeps shrinking. FICO® Collections Optimisation transforms collections and recovery (C&R) effectiveness and customer connectivity by applying powerful, easy-to-use analytic tools to address business objectives, such as optimal resource allocation and roll rate reduction. It leverages sophisticated, patented mathematical techniques that help calculate the optimal actions to take among many choices, given business goals and constraints.
With FICO® Collections Optimisation, organisations can:
- Enhance collector performance
- Improve roll rates
- Simulate strategy impacts
- Easily update strategies
- Adjust policies
- Propel recovery rates
- Drive stronger customer connectivity
Behind FICO® Collections Optimisation is a sophisticated decision modeling capability that quanti es the impact of an organisation’s business decisions and actions on customer outcomes such as revenue, loss and profit.