Business Credit Tools
Business Credit Tools
Find out how CIC can help your risk management
CIC’s advanced web-based portal includes comprehensive business credit tools that let you manage your entire portfolio. Stay alert on customer credit standings and only receive alerts you find meaningful and actionable. Act on these accounts with precision using reports and scores, or automate for speed with automated decisioning.
Why Perform Business Credit Reports
Create targeted offers using detailed customer data
Develop better strategies for growth by having a more complete view of your customers. Our database management application systems organizes customer information using integrated scoring and segmentation features. By categorizing customers according to credit risk, buying habits, and channel preference, you can create more targeted offers and achieve better response rates, plus comprehensive data lets you manage commercial and consumer accounts more efficiently and lessen risk.
Help your business better manage customer information with Consumer Data and Consumer Credit Data.
- Custom Scoring Models
Achieve better campaign results using highly segmented data and advanced scoring models
- Optimization for Customer Management
Maximize customer relationships through profitable long-term strategies with a fundamental tool that optimizes decision making to identify the best consumer-level actions to grow your portfolio to increase profits and minimize risk exposure.
- Prospect NavigatorSM
This Web-based tool eliminates the need for in-house data storage, multiple vendors, or the purchase of costly data feeds, and it improves business intelligence. Test strategies, run counts, and analyze new markets.
- Archive Services
Optimize the management of your existing accounts by refining your portfolio management tools to identify areas that present the highest potential profit and the highest risk.
- Experian’s Data Integrity Services
Given the current regulatory environment, having a comprehensive methodology for assessing data quality throughout the customer lifecycle is vital to minimizing dispute volume and increasing customer satisfaction.
- Experian TAPSSM
Total Annual Plastic Spend (TAPS) allows you to know the total spending your customers generate, not just on your accounts, but on other accounts as well. Differentiate the highest spenders to deliver better service, provide superior rewards, and even offer significantly higher credit lines.
- Financial PersonalitiesSM — Credit Based
Using our comprehensive consumer data resources, we combine consumers’ needs and attitudes with their actual behavior to build predictive models and generate scores that accurately assign consumers to their financial personality.
- Marketswitch OptimizationSM
Target specific segments of your portfolio most likely to convert and determine which customers should get which offers through which channel.
- Prequalification
By prequalifying consumers for credit in real time, you’re able to match consumers to loan options at the point of contact. Engaging consumers online, on the phone, or face-to-face when they are engaged and most likely to respond will generate profitable leads for you.
- Prescreen
Qualifies and segments your prospect list according to your unique credit criteria so you can target consumers most likely to respond to your credit offers.
- Prospect TriggersSM
Stay ahead of the competition by knowing when your customers have moved into a credit risk profile that meets your ongoing business objectives for new offers.
Why Choose CIC Screening
Create targeted offers using detailed customer data
Business Risk Management
Strategies to lower risks
Keeping your company safe from fraudulent activity, credit risk, and profit loss is critical to any business, especially in today’s volatile economy. Here’s how Experian can help you manage risk without disrupting business:
- Verify applicants and customers
We offer application screening and credit card verification tools that verify customer identity and prevent fraudulent activity, as well as tools that help authenticate business customers while meeting regulatory requirements.
- Minimize risk
Receive alerts on derogatory information, such as liens, bankruptcy, late payments, charge-offs, and changes in public records, to strengthen your risk management process and avoid loss. We can also alert you to customers who are shopping for credit elsewhere, so you can take swift action to retain their business.
- Manage portfolio risk
Predictive scoring supports stronger, more reliable decisioning. Our custom scoring models help you identify revenue opportunities, accelerate application processing, and enable lessors to boost collection strategies by targeting accounts with high recovery potential.
Services
Strengthen your debt recovery strategies
Develop a more focused debt collection strategy to help reduce costs, save time, and maximize resources. Learn more about how Experian can help you refine your debt management and recovery options:
Locate hard-to-find debtors
Obtain up-to-date contact information for your most hard-to-locate debtors. Experian frequently refreshes its extensive databases of consumer and commercial information, enabling you to locate elusive debtors, make contact, and collect unpaid debt.
Business Information Services
Predictive insights that improve your organization profit
Decision Analytics
Dynamic analytics that boost your decisioning performance
Marketing Services
Transform your marketing via the power of customer data
Data Quality
Software and services to proactively manage contact data
Find the right customers with the right tools
Target Prospects
Find the right customers with the right tools
View Customer Segmentation Data, Credit Statistics, Behavioral Studies, and More
- Improve customer acquisition strategies with targeted customer segmentation
- Achieve better results by narrowing your customer focus and targeting distinct segments
With psychographic profiles, specialized research results, and analytics tools, you’ll be able to identify viable prospective customers, develop more targeted and relevant offers, and ultimately improve your ability to acquire new customers.
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