Products & Services: Placement Optimizer service

Fair Isaac’s end-to end collections and recovery solutions set the ground rules for the collections and recovery industry standard.  With proven experience in financial services, telecommunications, student lending, government, insurance, utilities, healthcare and retail industry segments, Fair Isaac uniquely combines analytic modeling capabilities with workflow management software, operational expertise and the industry-leading communications network to bring you solutions that minimize charge-offs and increase recoveries.

Identify the “best” agency for each account

Placement Optimizer’s advanced analytics determine which specific account should be placed with which specific collection organization to maximize overall recovery.  The ASP deployment of this analytic technology allows for the dynamic rebuilding of models as the recovery environment changes - due to internal and external influences. Placement Optimizer customers have experienced a 5 – 20% improvement in recoveries.

Fair Isaac's sophisticated modeling technology reveals clear differences in agency performance relative to account type. Our analytics have shown that agencies are not the same – every agency is good at working certain kinds of accounts. When the right agency works the right account, both the agency and the credit grantor realize optimal results. Our artificial intelligence-based analytics identify the agency that is likely to collect the most for every account - while you continue to maintain control over the relationships with your agencies and your placements volumes. 

With Placement Optimizer, credit grantors can:

  • Determine optimal placement strategies for accounts sent to third party collection agencies or an in-house recovery department. 
  • Use analytics to gain additional lift over their current strategies. 

RMS and Debt Manager clients can complement their ScoreNet agency placement processes by adding Placement Optimizer analytic capabilities.

Placement Optimizer is delivered through the ScoreNet® network.

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