Collections Yield Predictions
Prosperity Yield Predictions
A web-based analytical-driven tool to accurately predict operational collections and recoveries results.
Accurately predict month-end results granularly for early remedial operational intervention.
Prosperity is a software tool that analytically projects collection results for a 30-day period. It further provides targets against key operational metrics, to assist in the diagnosing of operational problems that may exist and remedial action required to minimise any potential risks.
Prosperity analytically projects collection results for a calendar month. It further allocates targets against key operational metrics, to assist in the diagnosing of operational problems that may exist and remedial action required to minimise any potential risks.
The user, being operational, financial or executive level, are equipped with an automated information portal reflecting current (Month-to-date) as well as predicted (Remainder-of-month & Month-end) information relating to Collection and Recovery performance.
- graphically plots an overall payment prediction at the beginning of the month, against targets;
- graphically plots key performance metrics against targets;
- updates all projections each day based on newly available data; and
- pinpoints problem areas by way of RAG status, where the collections call centre is not meeting targets set by the business.
- Graphically plots overall cash/yield/key collections metrics predictions at the beginning of the month and intra-month against targets
- Graphically plots all key performance metrics against targets
- Key performance metrics are RAG’ed to aid the investigation journey
- Tracks performance of any segment of the collections and company structure
- Updates all projections daily based on newly available data
- Pinpoints problem areas where the collection call centre is not meeting targets
- Allows for the input of the collections budget and determines the required segment level key performance metric targets
- Runs performance measure on key collections metrics, e.g. Payments, Yield%, Worked%, Paid%, Connect%, RPC% (Right Party Connect), PTP% (Promise to Pay) and Kept%
- User security profiles to restrict user access