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