Artificial intelligence and predictive analytics are transforming debt collection by enabling faster, scalable decision-making based on historical data.
AI and Predictive Analytics in Debt Collection
Both artificial intelligence and broadly understood predictive analytics are today significant tools supporting debt collection processes. They enable advanced processing of extensive information resources, as well as forecasting future events based on data from previous periods.
Credit Risk Assessment
It is therefore not surprising that these solutions play an increasingly important role in debt collection activities, especially in mass processes where key factors are: speed of action, scalability, and consistency of decisions.
