Develop a more focused debt collection strategy to reduce costs, save time and maximise resources. As the level of personal debt in Australia is rising, it is increasingly important that as a credit provider you are working with individuals to help them reduce their levels of debt quickly and in a controlled manner. By scoring, segmenting and prioritising accounts, you can develop better strategies to collect more debt, and more importantly support your customers when they need it the most.
Selecting the optimal action for each customer is challenging because the historical results of actions in a collections path may not be easy to isolate. Our solution enables your risk and collections teams to evaluate a host of potential strategies, simplifying the design and optimising the strategy. This will allow you to focus on collecting more debt and more importantly assist your customers when they need it the most.
Our score can help you identify and prioritise customers that may need help
Enrich contact data to help you contact the right customer
Monitor your customers through all stages of the recovery process