With a more granular view of your customer base, you can reduce bad debt and increase profitability
Industry Scores help predict the likelihood of debtors becoming delinquent and provide you with an objective risk assessment throughout the credit lifecycle. The Industry Score uses the breadth and depth of data elements; balancing both positive and negative information on the debtors’ credit report to provide you with an objective risk assessment through more granular industry segmentation. Industry Scores cater to Account Origination by predicting risk for new customer acquisition; or Account Management by predicting risk for cross-sell, upsell and credit line extension opportunities for existing customers. Industry Scores are quick and easy to implement and can be used as a standalone score or in a dual matrix with a generic score. Receive industry specific results across retail clothing, retail furniture, personal lending, credit card and telecoms, as well as other industries.
Confidently grow your customer base and target new markets with Industry Scores
Industry Scores Account Origination
Industry Scores provide you with an objective risk assessment during the account origination process, enabling you to extend suitable offers to new business.
Industry Scores Account Management
Effectively manage your existing customers’ credit limits and your collections obligations through enhanced predictive capabilities using industry specific segmentation. Improve your ability to identify cross-sell and upsell opportunities across your existing customer base, enabling more targeted customer management actions, resulting in more profitable decisioning.