Transportation

Create the best possible digital buying experience for your customers.

Conduct your business with confidence

Operating across multiple channels will help you drive more sales and compete in an increasingly digital market. But how can you conduct business following strict standards of safe operation in every venue? FICO brings analytics and technology together to help you know your customers and their buying behaviors so you can securely build your business with more confidence, no matter the channel.   

Build your business on a solid decisioning foundation

If we’ve learned anything in this new normal, it’s that change is inevitable. Instituting the right foundation for fast action is critical to gaining a business advantage. FICO® Platform helps you act quickly and decisively with capabilities to evaluate, customize, deploy, and scale state-of-the-art analytics and decision management solutions. Take control of your business with a platform designed to put the power of the right decisions back in your hands.   

Identity Proofing

Secure your bottom line by preventing fraud. Protect against identity theft and synthetic identity fraud in the digital age with state-of-the-art identity proofing technologies.

Advisory Services

Engage the experts in consumer behaviors and interactions with deep analytic experience. Grow your business through every channel with deeper customer insights.

Build your analytic capabilities

Leverage a proven platform for building, testing, and launching analytic capabilities, integrated with decisioning software to address your pressing business needs.

Grow productivity and reduce expenses by optimizing complex activities. Execute “what if” scenarios to plan best operational flows and resources usage.

Drive smarter operations and manage unexpected change

With markets shifting and automotive trends moving just as fast, those that fail to react will feel the impact most. FICO brings solutions to help you rapidly optimize complex processes based on changing inputs, allowing “what if” scenarios to understand potential consequences and implement new decisions quickly. Build a data-driven and secure operating environment with advanced analytic tools and software to make optimal decisions that help the bottom line.   

Improve your odds of digital transformation success

Not every digital transformation initiative is destined for success. But what determines the ones that will cross the finish line and create measurable ROI for the business? Learn the key things manufacturers can do to improve their odds of achieving strong results and reduce the risk of transformational initiatives. See the pitfalls and recommended best practices for avoiding them.   

Supply chain optimization

Create the most efficient inventory levels, optimized with multiple inputs, such as demand forecasts, supplier data, and production information. Develop tactical sourcing strategies for handling spikes in demand or coping with supply chain disruptions. 

Scheduling and logistics

Balance a myriad of factors, including goals like accelerating fulfillment to priority customers, improving overall equipment effectiveness, reducing safety stock, and widening margins to recommend the current best schedules. 

Forecasting

Go beyond traditional forecasting to weigh a wider range of data for more accurate and dynamic projections of demand, planning production capacity, and supply flows. 

Drive business with an analytic advantage. Speed AI development on an extensible platform built for better decisioning across the production and buying cycles. 

Create a competitive edge with an analytics-driven approach

In a market where competition is great and times are uncertain, speed to delivery means everything and taking down the cost of operations is a priority. Having a data-driven approach allows you to take every advantage possible. With sophisticated analytics and optimization solutions from FICO, you can establish the foundation for refined decisioning and a means for rapid response. 

Build your business on a solid decisioning foundation

If we’ve learned anything in this new normal, it’s that change is inevitable. Instituting the right foundation for fast action is critical to gaining a business advantage. FICO® Platform helps you act quickly and decisively with capabilities to evaluate, customize, deploy, and scale state-of-the-art analytics and decision management solutions. Take control of your business with a platform designed to put the power of the right decisions back in your hands. 

Supply chain optimization

Create the most efficient inventory levels, optimized with multiple inputs, such as demand forecasts, supplier data, and production information. Develop tactical sourcing strategies for handling spikes in demand or coping with supply chain disruptions. 

Scheduling and logistics optimization

Balance a myriad of factors, including goals like accelerating fulfillment to priority customers, improving overall equipment effectiveness, reducing safety stock, and widening margins to recommend the current best schedules. 

Forecasting

Go beyond traditional forecasting to weigh a wider range of data for more accurate and dynamic projections of demand, planning production capacity, and supply flows.   

Marketing

Identify qualified prospects, ready to purchase. Promote personalized offers that generate a positive response to grow your business with confidence.  

Exceed your automotive finance portfolio objectives using optimization. 

Align every offer to your portfolio goals

Nearly 56% of global auto finance customers will consider more than one source of financing before they make a final decision. When presenting a customer or prospect with loan or lease offers, it’s more important than ever to deliver fast, highly compelling offers that not only impress the customer and achieve a high win-rate, but also align to your portfolio objectives and meet all regulatory requirements. 

Optimize for outcomes such as profitability or return on equity

Compelling, optimized financing offers delivered at the speed of digital or on indirect lending channels must avoid manual “rehashing” to be successful. Using FICO’s advanced analytics, we can partner with you to improve automated approval rates and gain the competitive edge. 

Speed of offer is critical

According to our research, 58% of US consumers reported waiting more than 30 minutes to secure financing for the purchase of an automobile. While many consumers grudgingly accept long waits in the dealership as the cost of doing business, 13% of US consumers obtained an auto loan online in 2019 (up from 5% in 2018) and listed convenience and speed as two of the top three factors driving that decision. And while you may argue that some of this “slowness” is intentional as the dealer works out the deal to their best end, some of the delay is also caused by the rehash procedure that the dealer has to conduct with their lenders to arrive at an acceptable offer. The difference between the “before experience” and the “after experience” was the speed with which the finance and insurance person in the back office was able to get a differentiated, likely to be accepted and approved counteroffer back into the hands of the salesperson — not just a long list of options to sift through, but a small set of meaningful options that the borrower will want to consider that also works for the lender and dealer.  

Evaluate thousands of offers

You are able to evaluate thousands of candidate offers and deliver an instant shortlist of equivalent offers that are each optimized to a unique and specific loan term, such as monthly payment, interest rate, and money down. FICO® Alternative Deal Structure enables you to manage your complex portfolio of loan and lease options and ensure each offer for these offerings aligns to your top-level business objectives.   

Connect to other critical technology

FICO Alternative Deal Structure connects to DealerTrack and RouteOne to deliver your offers efficiently through indirect lending channels. You can also integrate Alternative Deal Structure with your existing LOS (loan origination system) or pair with FICO® Origination Manager to achieve the full benefits.   

Why choose FICO?

Every customer’s requirements and situation are different. However, there is a core set of benefits that every customer has benefited from, including the ability to: 

• Align every offer to your portfolio goals and optimize for outcomes such as profitability or return on equity. 
• Automate approval rates and prepare for the shift to digital. 
• Improve win-rates with personalized, instant offers that reduce manual, costly, and slow “rehashing.” 
• Meet all regulatory compliance requirements and improve explainability of your decisions. 
• Compete aggressively in subprime, informed by personalized credit risk and fraud analytics. 
• Intermix loan and lease offers to show customers a compelling shortlist of financing options.