Boost Collections Performance with the power of ML and advanceddebt collections analytics
Lenders and collections teams that use Credgenics debt collection analyticscan enhance collections performance, meet their business objectives, and elevate borrower service standards. Embracing AI and ML-powered debt collections analytics enables the development of data-driven strategies that reduce costs, save time, and maximize outcomes.
Collections maximization with AI / ML powered insights
Accurately segment borrowers by risk profile through a combination of data sources on Credgenics platform
Distinguish delinquent customers requiring human contact from those responding to automated messaging or requiring no contact at all, with intent to pay prediction
Use bounce prediction and Recovery scores to optimize collections efforts
The blog- The future of AI-driven solutions in digital lending discusses the role of AI in various aspects of digital lending, credit risk assessment, reduced lending cycles, and fraud detection,to significantly enhance efficiency and accuracy in loan processes.
Explore how a fintech lender leveraged Credgenics out-of-the-box ML models to automate the creation andcalibration of segmentation models andoptimal contact plans for maximized collections efficiency
This blog on Leveraging Analytics as the Game Changer in Loan Collections discusses the need for a debt-resolution solution based on analytics and data, focusing on borrower risk classification, channel prediction, and strategy optimization.