Maximise potential revenue, monitor risk events and optimise recoveries.
The more you know about your customers, the better you can serve them and the more revenue they can generate for you.
Construct a more complete model of your customers in order to maximise potential revenue, monitor for risk events, and optimise your recoveries.
Conduct regular, automated checks on businesses and see changes in risk profile or “red flag” events.
Find similar companies in comparable locations and look for events or notices which could indicate risk or liability. Some potentially interesting indicators are late filing of accounts, changes of Directors, Court actions, closing premises or moving to smaller premises.
Focus on the debtors most likely to pay by improving debt recovery models with extra data.