We all work in a constantly changing market place and an evolving economic climate
Staying one step ahead of emerging trends with on-going analysis of your scorecards and decision-making policies will help ensure that you safeguard your customers, protect your business and your cash flow.
Our scorecard health check service will provide you with a clear view of the efficiency and cost-effectiveness of how your scorecard is used within your current decision making process. It provides critical insight that indicates your exposure to risk, the strengths of your current decision process and efficiencies that will help you stay one step ahead of the competition.
Experian will work with your organisation to customise a scorecard health-check report that will highlight potential opportunities to enhance your decision-making.
There are four key stages to the Health-Check service:
Given early signs of economic growth recent emphasis has been on increasing approvals through acquisition strategy. Experian has been able to illustrate that re-developing acquisition scorecards coupled together with the usage of new data assets could deliver in excess of a 5% increase in approvals for no predicted impact to your exposure to risk.
Our customised solutions aim to give you the insight you need to use within your strategy and planning. Specifically providing you with:
An Experian scorecard health check is customised to the specific requirements of the business. It can be applied where any level of decision-making occurs through the credit lifecycle – from acquisition to collections.
The comprehensive report incorporates a benchmarking summary of your strengths and weaknesses in comparison to your market peers.