Loss Forecasting for Telecommunication

Loss Forecasting for Telecommunications

Automate your bad debt forecasting with advanced analytics.

Overview

As device and equipment prices continue to increase, device subsidy models are shifting to device financing. This means service providers are now facing a set of challenges more traditionally associated with banks, including regulatory requirements that are new to many providers. Multiple internal groups including financing, risk and marketing need to understand bad debt, and often this leads to siloed models and manual efforts to stay in sync.

In order to make effective decisions across the customer lifecycle and improve the agility of your business, it benefits everyone when there is a single source of truth. This way, the entire business can rely on a proven analytic model with the right data and advanced optimization that automates the process with a highly segmented approach.

  • Reduce manual efforts with automation and analytics to free up highly skilled team members to focus on other impactful projects.
  • Use a personalized approach to understand debt at an individual level and create predictive micro-segments based on customer behavior.
  • Improve strategic planning by precisely understanding what level of cash reserves are needed and when. This frees up capital so you can invest in other areas of your business.
  • Ensure you are in regulatory compliance and streamline the audit process.
  • Use bad debt forecasting to improve the decisions you make across credit offers, collection and recovery, and understand when it would be best to write-off a customer.

Resources

Loss Forecasting for Telecommunications

Telecommunications professionals are continually asked to do more to improve portfolio profit with less: less budget, less headcount and fewer resources. In addition to monitoring and managing bad debt, it is vital that providers increase ...

Improving Business Performance Through Analytic Optimization

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Making Smarter Telecom Decisions Across the Organization with FICO® Strategy Director

The telecommunications industry is in a continual state of change. Providers must manage regulations and ever-changing consumer desires, and maintain a massive technology infrastructure. The pressure of managing voluntary and involuntary c...

Loss Forecasting Automation Hot Topic Q&A

Mobile phones are the primary data and voice communication medium for close to 4 billion people globally. Device subsidy models are quickly transitioning to device financing (which averages close to $800 or more per device), and telecom co...