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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.
Modernizing your collection system or continuing on your existing system is a question every organization faces—particularly now as technology has truly advanced. There’s been a sharp acceleration in modernization of collections systems, a...
Client: Valor Intelligent Processing Challenge: Select and implement the right debt management system to grow a new business, while remaining compliant within a highly regulated industry Solution: FICO® Debt Manager™ Results: With...
Decision Optimization can accelerate success by helping organizations develop decision-making approaches that better meet their goals and objectives. Being able to rapidly and effectively execute a decision strategy, monitor its effectiven...
As technology continues to be intimately integrated into common consumer business practices, it becomes all the more important for companies to handle digital collections appropriately and effectively. Alex Johnson spoke with AJ Travagline about the shift toward omni-channel communications within the collections industry and the challenges in today’s debt management environment.