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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.
Looking for an easy way to further increase Financial Crime Compliance effectiveness and efficiency? Join us for this free webinar to hear about the innovations in Siron® Anti-Financial Crime Solutions Release 19 as well as the new Alert &...
Collections operations across the globe are being stretched to breaking point. You're dealing with challenges such as ongoing, significant customer demand; payment relief exit strategies; capacity constraints due to lockdowns; working-from...
The Government of Canada has taken significant actions to support Canadians and businesses facing hardship as a result of the COVID-19 outbreak including financial support, loans and access to credit for small and medium businesses. The go...
COVID-19 challenges are putting unprecedented pressure on consumers' ability to repay loans, creating a debt tsunami that is overwhelming collections departments and debt collection agencies. Handling this spike with BAU approaches is a re...