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With recovery, the goal is to recover the maximum amount of debt without expending unnecessary resources or violating compliance policies. It starts with segmenting debts carefully and applying the right resources — including internal recovery teams, third-party agencies and debt sales — to maximize your overall return.
With FICO’s solution, your organization can:
Comprehensive recovery system and system of record.
Intelligent, integrated agency placement and management capabilities.
Optimized strategies for maximizing recoveries for all debtors.
Solving your biggest and most complex business problems.
FICO Optimization Community
A highly automated accounts receivable management system to help control costs, boost revenue and stay compliant.
FICO Collections & Recovery Community
Gives credit grantors unprecedented visibility and control of accounts placed with agencies, attorneys, debt buyers and internal recovery departments.
One direct, efficient and secure desktop connection to creditors, partners, agencies and data sources.
Affordability and driving the right outcomes for customers has never been so front of mind for credit lenders. Over the past couple of months, every market has been challenged to deal with credit-stressed consumers, in situations where the...
Based the recent Aite Report white paper commissioned by FICO, “Beyond the Call Center: Emerging Strategies for Collecting Consumer Debt,” this is one of three executive briefs that speaks to the biggest strategic trends in debt collection...
The global crises that we are currently experiencing is having a significant impact on collections departments where they have to significantly modify their collections strategies, not just for the current situation, but also prepare for t...