Road Pricing Can Help Reduce Congestion, but Equity Concerns May Grow
Vision 2014: Using A Commercial Platform To Grow and Reduce Portfolio Risk
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©2014 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in any form or manner without the prior written permission of Experian. Experian Public. Using a commercial platform to grow and reduce portfolio risk Ann Skibicki Experian #vision2014
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Attend this live demonstration on how BusinessIQ is leveraged as a tool to manage and grow commercial portfolios. New enterprise integration capabilities to be discussed along with new ways to apply validated trigger intelligence.
Transcript of Vision 2014: Using A Commercial Platform To Grow and Reduce Portfolio Risk
© 2014 Experian Information Solutions, Inc. All rights reserved. Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc.
Other product and company names mentioned herein are the trademarks of their respective owners. No part of this copyrighted work may be reproduced, modified, or distributed in
any form or manner without the prior written permission of Experian. Experian Public.
Using a commercial platform to grow and reduce portfolio risk
Ann Skibicki Experian
#vision2014
2 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
3 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
Do not wait to strike till the iron is hot; but make it hot by striking. – William B. Sprague
5 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
Eliminating bottlenecks
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Experian portfolio integration
Features What’s in it for you
“Hands-off” processing
Ensure consistency between your files and BusinessIQSM – you can be sure that they have the freshest and most up-to-date information
Automated batch file transfer
Efficient, high-volume data transfer for faster, real-time decisions
Familiar interface
BusinessIQSM portfolio integration works with their existing ERP or CRM interface; no learning curve or training required
Flexible integration
BusinessIQSM portfolio integration is flexible, customizable and can be integrated with ERP and CRM systems
Portfolio health assessment
Ability to quickly asses portfolio health, industry trends and payment patterns within portfolios with fresh, timely data
Gain real-time visibility into business activity and overall portfolio health
Operational intelligence
7 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
Portfolio integration
Client CRM /
ERP system
BusinessIQSM
portfolio
integration
Client
accounts file
Refreshed
portfolio file
BizSourceSM /
operations
Experian
data
8 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
Experian Business Information Services Enterprise services
Client CRM /
ERP system
BusinessIQSM
portfolio
integration
BizSourceSM /
operations
Client
accounts file
Refreshed
portfolio file
Customer Data Integration
Entity Linkage Services
Global Data Network
U.S. Business Database
New products / services
Client files
Experian
files
Business IQSM
Batch / CPU / XML
Web Services
(Data segments)
Experian
data
Experian
data
Experian
data
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Objectives
Increase frequency of data refresh – from quarterly to daily
Integrate directly with Oracle to increase efficiency
Custom model for decision making and prioritization
Experian BusinessIQSM resolution
Automated daily data refresh
Integrate with current Oracle application
Data summary widget for more details and no workflow interruption
BusinessIQSM portfolio integration Case study – Experian finance – internal partner
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Trial and error
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Predictive Triggers provides validated trigger intelligence to help optimize client monitoring programs:
Analysis conducted by Experian’s Decision Sciences team
Assesses the bad rate among the 47 triggers offered through Account Monitoring ServiceSM
Predictive Triggers overview
Use Predictive Triggers to:
Manage portfolio risk based on validated trigger intelligence
Reduce unnecessary trigger volume
Improve efficiency of monitoring programs
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Predictive Triggers analysis
15.37%
12.50%
9.11%
7.22%
19.40% 17.95%
13.11%
11.60%
0%
5%
10%
15%
20%
25%
Late 61 - 90 tradepayment
Derogatory comment-not paying as agreed
Late 31 - 60 tradepayment
Lien trigger
Three-month performancewindow
Six-month performancewindow
13 © 2014 Experian Information Solutions, Inc. All rights reserved. Experian Public.
“Vision without action is
merely a dream. Action
without vision just passes
the time. Vision with
action can change the
world!"
– Joel Barker
Take Action
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For additional information, please contact:
[email protected] | @annskibicki
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in the Daily Roundup:
www.experian.com/vision/blog
@ExperianVision | #vision2014
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