Solutions for Pre-Charge Off

»

"Intelligent Results enables us to go beyond structured data by incorporating existing unstructured customer data for predictive modeling. By leveraging all the data ...,we're able to more effectively predict customer behavior and implement appropriate strategies."

- Chip Clarke, Senior Vice President
Key Bank

Accelerate Dollars Collected, Reduce Effort, Increase Net Recovery with PREDIGY

Only PREDIGY™ combines a powerful decision engine with precise treatment strategies and integrated analytics. PREDIGY was designed for business decision-makers. It's easy to use, versatile and adaptable to changing conditions—routinely delivering 5-15% increases in collection rates, or equivalent performance for 10-25% lower cost.

A Practical Approach to Improved Performance

For every single account, there are daily, time-sensitive decisions to be made. PREDIGY is designed to support the urgency of your business operations by helping you make those choices with confidence, clarity and a direct connection to your specific business metrics.

Act Quickly and Independently

You have a clear view of the road ahead with PREDIGY for Collections. Build unlimited models and decision trees in PREDIGY—then quickly put your decisions into action. You'll have the confidence that you've determined the best treatment strategy for each account, because you can run any number of "what-if" scenarios at no additional cost. You can even simulate and understand the total costs and projected benefits of your actions in advance of allocating resources. Unlimited scoring ensures that you're using the most current and relevant account information to make informed decisions. Most importantly, you're able to drive the actions you've decided to take into downstream systems while minimizing impact on scarce IT resources.

When advanced modeling and decisioning tools are already in place, PREDIGY leverages them by delivering better segmentation, greater decision transparency, gaining new power from additional data sources including text and time series data, and the ability to do more simulations quickly.

With PREDIGY you make the day-to-day decisions impacting your business, quickly, accurately and independently.


Knowing Which Actions to Take

  • When to buy data on an account from credit bureaus or data providers
  • When to offer an extension or payment plan
  • When to settle and how much to offer
  • Which accounts require legal action
  • When to outsource accounts
  • When to repossess or foreclose
  • Which kind of debt to outsource to which collector
  • What debt to sell
  • How to evaluate outsourcer performance

Product Features

  • Works with all collections systems—purchased or proprietary
  • Keeps strategies and data within your firewall
  • Allows you to score and analyze as often as you want
  • Uses all types of data to strengthen analysis—including the newest and often most relevant data contained in free-form collector notes and historical data
  • Gives you more than just a "score" because your decisions turn into strategy codes on each account—hastening time to action
  • Combines the power of predictive analytics, decision design and implementation into one software product. No recoding between stages

Business Benefits

  • Faster recovery, which translates into higher collection rates and greater ROI
  • More control over decisions and actions, with greater understanding of the appropriate level of effort for each account and portfolio
  • Ability to leverage all customer interactions, including collector and call center notes
  • No additional costs to run more "what-if" (cost vs. benefit) scenarios
  • Secure data management
  • Ability to execute with minimal impact on scarce IT resources