Solution Overview

Collection Score which is risk based and can be used for optimizing collections allocation and costs by targeting high risk accounts

  • Identify value at risk in each segment
  • Segmentation based on transactional behavior, demographic info etc.
  • Develop stepwise  logistic regression to determine the significant variables
  • Score-based account classification enabled by collection scorecard
  • Propose a collection strategy which takes into account cost benefit, plus cost of various interventions