Collection Model
Looking to streamline your collection process and reduce customer debt? Utilize our model's scoring system to segment your customers into High, Medium, and Low risk groups. This strategic segmentation allows you to advance each group to the appropriate next stage of collection and tailor specific treatments for each, optimizing your recovery efforts and customer interactions.
This model is for any organization seeking to enhance efficiency and effectiveness in their debt collection processes!
The Collection Model is designed to be used in a range of industries such as Telecom, Retail, Banking, Investment Services, and more.
Full model price: $45,000
- $4,500 initial deposit
- $18,000 first payment (invoiced at data access)
- $22,500 final payment (invoiced at model delivery)
PRODUCT INFO
Use Case
Effectively estimate the probability of customers advancing to the next delinquency stage with our Collection Model. Utilize the model scores to stratify your customers into High, Medium, and Low risk groups, enabling you to tailor a custom treatment for each. This targeted approach helps you manage risks more efficiently and intervene appropriately, reducing overall delinquency rates.
AI/ML Modeling
A range of algorithms will be tested for the best AUC/outcome like XGBoost/GBM, Neural Network, SVM, ANOVA, KNN, K-Means, etc.
LLMs and NLP techniques may also be used to enhance model performance.Model Delivery
One-time purchase:
- Propensity scores
- Customer ranking
- Leading model predictors
- Model performance
- Insight session
On-going monthly service additionally includes:
- Tracking leading predictors
- Model monitoring
- Seemless model refresh with market trend changes
- Strategy session every 3 months of service
- 10% discount on full model price
DELIVERY AND PAYMENT
We will contact you within 2 business days of your deposit to set the engagement date and provide instructions for the required data set.
The first model payment is invoiced at the data access date. Model delivery usually occurs 3-4 weeks from the data access date. The final model payment is invoiced at the model delivery date.
REFUND POLICY
Deposit fully refundable before engagement date.
If we cannot detect a pattern for a stable model, the final model invoice will be waived and we will provide you with data assessments, findings, insights and further recommendations.