Sophisticated, predictive analytics can give you the edge in your debt collection and recovery processes
Collections & Recovery models help you achieve business objectives and strengthen your ability to compete for payments. By using predictive analytics, leveraging our domain expertise, and applying careful customization, FICO can help determine whether accounts are likely to: self-cure with little to no action on your part, roll to deeper into delinquency (no matter what you do) or make a payment if given the right treatment.
FICO Collection and Recovery Models help you answer the four most critical questions for business performance improvement:
- What caused changes in performance metrics?
- How can we reallocate resources to improve results?
- Would changing treatment influence consumer behavior?
- How do we get the biggest gains from the least effort?
FICO solutions are built on the most advanced analytic science, leveraging decades of pioneering innovation and real-world expertise.
How it works
FICO Collection & Recovery Models use smart automation and analytics to empower collectors, increase productivity, and stay compliant, while processing accounts and improving efficiencies like never before.
From the Blog
Learn how FICO Collection & Recovery Models can help you manage your debt more effectively.