Increasing collections with advanced consumer intelligence
Cory identifies the 25% of receivables that account for 90% of a portfolio's revenues
Lift agency revenues by 5% | Achieve labor cost savings of up to 11% | RoI on Cory of 3.8x |
Score accounts based on their revenue potential
Cory scores a receivable's recovery potential from 1 to 10. Scores are based on not only each account's expected top-line revenue, but also key associated costs and operational challenges. The result is a blended score that accounts both for revenue potential and propensity to pay.
Accounts with a Cory Score of 1 have the very best recovery potential and will be the bedrock of a portfolio's performance. A Cory Score of 10 indicates negligible recovery potential.
Identify the most profitable servicing strategy for each account
Alongside the Cory Score, Cory recommends individualized strategies for successfully engaging with customers. Cory determines the best form of intervention for each account, according to your operational resources and expertise. This allows for more successful outcomes with fewer outbound attempts.
Utilize Cory within your collections management platform
Easy integration
Cory can be made accessible directly via your collections platform, integrating seamlessly with your existing tools and dashboards
Automatic and ongoing
All charge-off accounts uploaded to your collections platform will be automatically processed by Cory
Minimal paperwork
Receive full access to Cory after a one-time registration process