Modernize Debt Collections with Machine Learning

Enable a proactive and prescriptive approach to collections

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Problem:

Lenders are reactive rather than proactive when it comes to collections, leading to costly provisions.

Flowcast

Problem with today’s collection process

Solution:

Flowcast

How it works

Accurate models

Pre-Incident Handling

Flowcast’s solution increases client and loan savings rate because there are more re-negotiation options, and because lenders are involved earlier in the delinquency process, ahead of other creditors. This is particularly helpful when dealing with extreme cases that ultimately degrade into bankruptcy or loan restructuring.

Predictions

Proactive Recommendation

Model is promoted for real-time prediction.

Insights

Seamless Workflow Integration

Each dispute is scored to determine validity with confidence levels.
Scores are easily integrated with dispute workflow via API.

Workflow

Actionable Insights

Advanced analytics is provided to support model perfomance and root cause analysis results.

Flowcast

Benefits

Productivity

Lower delinquency rates

Proactive outreach and prioritization allows lenders to detect the risk of default before it occurs and proactively offer solutions.

Cash

Increase recovery rates

The earlier the outreach, the higher the recovery rate.