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, many companies face difficulties when attempting to carry out segmented and differentiated collection internally, without obtaining significant results. At Braintrust, we have developed PEI, a high-precision, wide-ranging 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 using millions of real cases across various industries and geographies. After providing customer data, services, and previous payment behavior history, PEI generates accurate information on the probability of the customer paying at each of the possible stages of the collection process. This allows for segmented and differentiated collection, adapting 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 has been shown to have a lift of 4, which means it multiplies your ability to make segmented collections by four times compared to traditional methods. This allows you to optimize resources and achieve faster and more efficient results in collection processes.
- Advanced and robustmachine learning techniques: PEI uses cutting-edge 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 it can be easily integrated into an existing payment system without having to worry about implementing and maintaining additional infrastructure. This allows for optimization of resources and implementation times.
- Fast results: With PEI, you can start seeing results in just a couple of weeks. This allows you to make informed decisions and adapt your collection strategy quickly and effectively.
Download the PEI presentation here.
Chart: Stable PEI results today, in a world-class TELCO with a portfolio of enhanced mobile and fixed communication solutions (
fixed telephony, internet, data, and pay TV).
