In the business world, effective collection management is essential to ensure that customers pay their debts in a timely manner and avoid service blockages or legal proceedings. However, there are many companies that face difficulties when trying to perform a segmented and differentiated collection internally, without obtaining significant results. At Braintrust we have developed PEI, a highly accurate and powerful algorithm that uses advanced and robust Machine Learning techniques to solve this challenge.
What is PEI and how does it work?
PEI is a payment prediction algorithm that has been trained for three years with millions of real cases in various industries and geographies. After providing the customer's data, services and past payment behavior history, PEI generates accurate information about the probability that the customer will pay in each of the possible timeframes of the collection process. This enables segmented and differentiated collections, tailoring the approach to the specific characteristics of each customer and maximizing the chances of success.
Some of the advantages offered by PEI include:
- 4X Lift: PEI is proven to have a 4X lift, which means that it multiplies your ability to perform segmented collections by four times compared to traditional methods. This allows you to optimize resources and obtain faster and more efficient results in the collection process.
- Advanced and robustMachine Learning techniques: PEI uses state-of-the-art Machine Learning techniques, including predictive models and supervised and unsupervised learning algorithms, to ensure high accuracy and confidence in payment predictions.
- Available "as a service": PEI is offered as a service, which means that it can be easily integrated into an existing collection system without having to worry about implementing and maintaining additional infrastructure. This allows optimizing resources and implementation times.
- Fast results: With PEI, you can start getting results in as little as a couple of weeks. This allows you to make informed decisions and adapt your collection strategy quickly and effectively.
Download the PEI presentation here.
Graph: PEI's stable performance today, in a world-class TELCO with a portfolio of enhanced mobile and fixed communication solutions (fixed telephony, internet, data and pay TV).
(fixed telephony, internet, data and pay TV).
