Portfolio Management Package
Experian’s Portfolio Management Package is the unique collections strategy service. Managed by Experian, organisations can rapidly collect more cash, more quickly, as a result of dramatically improved segmentation based on an improved understanding of customers' financial circumstances
An immediate solution to today’s collections challenges
Portfolio Management Package offers the answer to every organisation that needs to make collections more strategic today.
Experian takes the organisation’s customer accounts and combines Experian’s data, software and analytics with embedded collections expertise and tailored strategies to assess risk and collectability.
This insight enables organisations to identify the most effective action for each account across different collection stages, including pre-delinquency, and implement them seamlessly into the existing collections operation.
Portfolio Management Package offers the sophisticated pre-delinquency and strategic collections previously only accessible with large scale system investments. It is the ideal solution for any lender who wants to access the power and performance of Experian's Strategy Management solution without the need to invest in software and IT resources.
As a packaged service, securely hosted by Experian, it delivers immediate return with no IT investment and minimal set-up costs and time.
The service
Portfolio Management Service combines Experian’s market leading Strategy Management tools with data, analytics, consulting and reporting in a single, packaged service hosted in Experian's secure data centre.- Best-practice collections strategies, parameterised for each organisation with a ‘fast-start’ strategy for rapid deployment
- Embedded expertise supported by consulting to develop initial strategies followed by monthly reviews
- Multiple scoring models for deep insight based on industry-wide data, or custom-developed with data from the client’s own portfolio.
- Consulting reviews and Champion/Challenger facilities for continual evaluation and improvement of strategies
- Managed access to external data sources including credit history and other sources where available
- Specialised reports to measure and evaluate collections and financial performance including population stability, roll rates and scorecard review