Outsource Collections Analytics Services

Companies that deal with delinquencies and collections, as well as any company that deals with risk behaviors or investments, need to correctly analyze groups of individuals for their collective risk, and understand how to leverage what may traditionally be considering risky lending with potential for profit, and vice versa. They also need to develop strategies for choosing the best collection agencies, legal actions, and more. All of these requirements are addressed via collections analytics.

How Collections Analytics Can Improve Profits

When it comes to collections, every decision your company makes has a financial outcome. To compete in the marketplace, you need to maximize your collections decisions. Organizations need to find strategic advantages that allow them to capitalize on accounts where profit potential is still present and collect quickly on those where it’s not using the most efficient collection strategies available.

Collections analytics uses a wealth of data to assess collections and profit risk. It looks at all types of data and uses it to assess predictive patterns – patterns that can be used to make strategic decisions with regards to your collections, including how much to allocate for collections, when to take legal action, and how far to pursue a delinquent account.

Research Optimus -- Business Analytics Experts

At Research Optimus, we have mastered the art of collections analytics. We employ skilled professionals that know exactly how to decipher trends within the data that will help you make smart decisions with your collections. For information about how we can help you achieve your collection goals, contact Research Optimus today.

With programs like SPSS, MS Excel, SAS, and R on hand, and knowledge of all the important statistical techniques, we're prepared to handle any type of analysis that will help deliver results. Techniques and strategies used for collections analytics within your company will include:

  1. Data Preparation We can prepare databases for thorough analysis and support of your data to improve your collections decision-making.
  2. Pattern Recognition We will analyze your data and recognize possible patterns to draw important conclusions about your collections procedures.
  3. Segmentation We will discover and use segments within a dataset that indicate groupings for your business.
  4. Principle Component Analysis We will discover potential predictive tools based on groups within your data sets. This data can be used to better understand numerous areas of your collections processes.
  5. Predictive Analytics We use collections analytics to make informed predictions and help you decide how best to allocate resources.
  6. Trend Analysis We will spot trends using advanced analytical tools both in contacting and collecting from debtors.
  7. Customer Intelligence We use a number of advanced statistical tools to understand customers and customer behavior.
  8. Data Layout and Quality Checking We prepare databases by cleaning data and ensuring quality so that all information gleaned from them is as accurate as possible.

We want to be your first choice when you are in need of collections analytics. Research Optimus takes confidentiality seriously, and our prices are incredibly affordable – far less expensive than doing it in-house. If you need collections analytics, contact us today. Find out how we've helped numerous companies just like yours with all of their collections analysis needs. Contact Us

Other Business Analytics Services Offered

Pricing & Engagement Options

Flexible hourly pricing methodology for one-time research needs, and dedicated full-time equivalent resource allocation for on-going projects.

Quality Systems

ISO 9001:2008 standard quality assurance and defined quality polices to ensure data collection and presentation accuracy levels are consistent.

Security and Confidentiality

Customer information and project confidentiality secured by Non-disclosure Agreements and project data by workstation security policies.

Note: Research Optimus responds to business enquiries only, and we do not make unsolicited or automated calls. If you receive such calls please submit your complaint to https://www.donotcall.gov/