Drive increased returns while providing greater visibility
Users are able to match each account to the optimal collections placement strategy. The solution removes the traditional random allocation of accounts to collections suppliers, and instead applies advanced analytics to optimize placement strategies. The result is placements with the best agencies, driving a 3% to 11% performance uplift while enabling you to maintain control of your placement strategy.
Leverages advanced analytics to measure and forecast agency performance
Recommends placement strategy of accounts to meet business objectives and policy restrictions
Enhanced visibility into the portfolio with Tableau-based dashboards and benchmarking
Strategic analysis defines placement strategyAdvanced analytics assigns charged-off accounts to a collection agency, attorney or placement channel that maximizes collection on specific account types.
Match accounts to the right placement strategyPlacement Optimizer uses a combination of predictive analytics and mathematical optimization, developed over years of experience, to produce placement decisions for each account.
Credit grantors maintain complete controlMaintain control through the deployment of a documented allocation process and a support–based engagement model.
Custom predictive modelsAnalytic tools use data from different sources, including creditor provided account data, collection agency activity data, pre-charge-off history and more to predict collection outcomes.
Statistics, Numbers & Data
See how FICO helps deliver real business results and better customer experiences for leading organizations across industries and around the world.
11% increases in recoveries compared to traditional approaches
Maintain complete control of placement strategies by defining business constraints and making strategy modifications as needed.
Credit grantors maintain complete control of agencies and account placement strategies through the deployment of a documented allocation process and a support-based engagement model.
Match the right account to the right placement strategy
Connect with FICO for answers to all your product and solution questions. We look forward to hearing from you.