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12 FICO Decision Central Reviews
Overall Review Sentiment for FICO Decision Central
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We were given the opportunity to use FICO decision as a trial basis to help with our employee on boarding which helped streamline the background process in credit checks and other personal info when making offers. Review collected by and hosted on G2.com.
The challenge we faced with FICO decision was that it limited our ability to view potentially important info on a candidate as we work with client sensitive info so we had trouble viewing beyond 7 years. Review collected by and hosted on G2.com.
A good knowledge and expertise in risk management domain. It has increased the efficiency of the model. It's very user friendly. A tool for reporting. Review collected by and hosted on G2.com.
Sometimes it's bit confusing and complex to understand when we need the reports for validation.The visualisation also may not work at times. Review collected by and hosted on G2.com.
Best thing I like about this application is that it is so natural to work with. It is a platform that handles real time streaming of data including visualisation, indexing, search and pre-processing based on rules that are define in advance. Review collected by and hosted on G2.com.
The product is not very user friendly, there is a heavy dependency on IT teams Review collected by and hosted on G2.com.
Providing solutions to marketing and analytics and data results that help with
decisions economic growth in a company . Review collected by and hosted on G2.com.
There are so many options and so many they try to engage in that it is a little messy to know why or what options to use. The website for potential customers is a sensory overload. In addition people confuse experian in that receiving a credit score is through exerpian with a combination of fico credit score. Fico is then is then labeled as a credit score abd nothing more. Review collected by and hosted on G2.com.
Good functional knowledge. The simplicity & ease of use of the tool. Review collected by and hosted on G2.com.
Complexity when we need to generate reports. We may get issues sometimes which we can't resolve at that time. Review collected by and hosted on G2.com.
FICO Decision Central's biggest strengh is its detailed reporting features. They are useful for many lanes (financial, regulatory, business development, etc.). You can build simple reports that give the 10,000 foot view and then easily switch to more comprehsenive reports to look at the data from multiple angles. Review collected by and hosted on G2.com.
Learning this software was time confusing and tedious. It's difficult for different departments and lanes to get the data to talk to each other correctly without extensive IT support. Review collected by and hosted on G2.com.
We can customize rules which are set and used to validate credit decision making as required by business. We use this product to validate credit decisions for customers registered into an website. We set rules to define the criteria of new members and these rules were deployed into product which will validate new requests and take action accordingly. We generate reports every day and monthly statement s to see how rules are being used to approve/decline new credit card requests and accordingly we set rules in product. Review collected by and hosted on G2.com.
I feel it is bit complex when we need to generate some reports of out of decisions made to validate. Sometimes we get issues which we may not be able to resolve them and have to raise ticket with FICO to resolve them. This causes delay in changes for business and can also have financial impacts. Review collected by and hosted on G2.com.
FICO Decision Central allows me to do the following things with utmost ease:
a) Reduce my risk with expansive audit trials
b) To increase the efficiency of my model by enhancing its performance
It allows the user to be at ease with the above-mentioned business decisions. Review collected by and hosted on G2.com.
At times the alerts and visualisations may not work, or they may load in a partial manner, apart from that, the rest of it just works in the most beautiful way one wants it to. Review collected by and hosted on G2.com.
There are numerous regulatory requirements in this industry and this software helps me to be compliant Review collected by and hosted on G2.com.
Startup process is slightly confusing and takes a long time.there are some glitches also in the system Review collected by and hosted on G2.com.