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FICO Collection Optimization Reviews & Product Details

Aneel R.
AR
Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FICO Collection Optimization?

Credit card settlement & Good Internal Control. Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

Nothing found yet, but satisfied with its use. Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

Credit Solutions are good. Review collected by and hosted on G2.com.

FICO Collection Optimization Overview

What is FICO Collection Optimization?

Collection Optimization uses FICO’s sophisticated decision modeling algorithms to quantify the impact of business decisions and actions on debt collection and recovery outcomes. With the ability to run “what if” scenarios and stress test results, managers easily and confidently choose the optimal decision for virtually any aspect of collection operations, including placements, settlements, resource allocation and other objectives.

FICO Collection Optimization Details
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Product Description

Collection Optimization uses FICO’s sophisticated decision modeling algorithms to quantify the impact of business decisions and actions on debt collection and recovery outcomes. With the ability to run “what if” scenarios and stress test results, managers easily and confidently choose the optimal decision for virtually any aspect of collection operations, including placements, settlements, resource allocation and other objectives.


Seller Details
Seller
FICO
Year Founded
1956
HQ Location
San Jose, California
LinkedIn® Page
www.linkedin.com
3,729 employees on LinkedIn®
Ownership
NYSE:FICO
Total Revenue (USD mm)
$1,294

SF
Overview Provided by:

Recent FICO Collection Optimization Reviews

Aneel R.
AR
Aneel R.Mid-Market (51-1000 emp.)
4.5 out of 5
"Highly recommended tool"
Credit card settlement & Good Internal Control.
Harshwardhan A.
HA
Harshwardhan A.Mid-Market (51-1000 emp.)
4.0 out of 5
"Great tool"
Mortgage workouts and Credit card settlement
Mohammed Touseef U.
MU
Mohammed Touseef U.Small-Business (50 or fewer emp.)
5.0 out of 5
"FICO Collection Optimization"
The complete solution that enables you to model, optimize, assess, and deploy strategies to address challenging business objectives
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FICO Collection Optimization Media

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5 out of 6 Total Reviews for FICO Collection Optimization

4.4 out of 5
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G2 reviews are authentic and verified.
Harshwardhan A.
HA
Programmer Analyst ERP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about FICO Collection Optimization?

Mortgage workouts and Credit card settlement Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

Nothing disliking yet i found in here... Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

Credit Card settlements Review collected by and hosted on G2.com.

Mohammed Touseef U.
MU
IT Technical Lead
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about FICO Collection Optimization?

The complete solution that enables you to model, optimize, assess, and deploy strategies to address challenging business objectives Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

personally do not dislike anything from fico collection Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

Optimized collections decisions maximize outcomes by analyzing the impact of numerous scenarios and business constraints Review collected by and hosted on G2.com.

Verified User in Banking
IB
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FICO Collection Optimization?

You are able to get all the information in one spot. It is easy to navigate. In addition the. Numbers and information is accurate. Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

I dislike at times it keeps uploading and you have to restart. That but is a system or network issue . Also, sometimes the transactions take a lot of time. Review collected by and hosted on G2.com.

Recommendations to others considering FICO Collection Optimization:

If you want accurate results and need information in one spot this is perfect.It is user friendly. Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

Being able to get all the information and acess it at one location. The numbers were always accurate. Review collected by and hosted on G2.com.

Jennifer R.
JR
Mortgage Agent
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FICO Collection Optimization?

aids me in discussing credit solutions with my clients and over come any challenges Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

It sometimes can be inaccurate compared to checking Equifax scores directly Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

None. Benefits are better communication with clients with respect to collections Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about FICO Collection Optimization?

Good Internal Control and data integrity Review collected by and hosted on G2.com.

What do you dislike about FICO Collection Optimization?

There is nothing to dislike as very user friendly Review collected by and hosted on G2.com.

What problems is FICO Collection Optimization solving and how is that benefiting you?

Revenue Collection with proper detailing and control Review collected by and hosted on G2.com.