Fri.Mar 26, 2021

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Avon Grows Business and Cuts Bad Debt

Fico Collections

Using the capabilities on the FICO® Platform, Avon was able to run champion/challenger tests on policy changes, score credit applications, create contingency plans and integrate directly with applications such as Salesforce. The flexibility of the system was a great benefit to Avon.

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Getting paid in a perfect storm: six benefits of an order-to-cash platform

On Guard

The capabilities of the collection solution can also play its part here in informing collectors on whether to chase a bad debt themselves or move this process to an agency depending on the circumstances.