Engage with customers moving towards a high risk of non-payment, even before they enter into collections.
Customer propensity scores for future non-payment, including deciles and centiles.
Understand key predictors of customer non-payment
Performance assessment and ROI simulation
Identify the key early warning drivers of non-payment and develop customized offers aimed at preventing these issues.
This describes how far ahead in the future this model can be trained to predict. Ideally, the historical data available for training would be 2-3 times longer than the prediction window.
Intervene with at-risk customers in a timely manner and prevent future financial issues.
Proactively mitigate potential non-payment risks before they escalate through continous model refresh, ensuring better financial stability and customer retention.
A typical modeling engagement with GlorifAI lasts 3-4 weeks once we get access to the data and proceeds in three distinct phases.
Utilize our model to identify the key early warning drivers of non-payment and develop customized offers aimed at preventing these issues. This proactive approach allows you to understand and mitigate potential risks before they escalate, ensuring better financial stability and customer retention.
A range of algorithms will be tested for the best AUC/outcome like XGBoost/GBM, Neural Network, SVM, ANOVA, KNN, K-Means, etc. LLMs and NLP techniques may also be used to enhance model performance.
At GlorifAI, we prioritize your data privacy by working exclusively on-prem. Our consultants operate either on hardware you provide, such as company laptops, or within virtual machines that you provision in the cloud—ensuring that your data remains entirely within your ecosystem.
We do not egress, transfer, or copy your data to our private company servers or third-parties, so you can trust that your sensitive information stays secure and under your control at all times.
We will contact you within 2 business days to setup a meeting and set the engagement date. Instructions for the required data set will be provided at this time.
The first model payment is invoiced at the data access date. Model delivery usually occurs 3-4 weeks from the data access date. The final model payment is invoiced at the model delivery date.
Deposit fully refundable before engagement date.
If we cannot detect a pattern for a stable model, the final model invoice will be waived and we will provide you with data assessments, findings, insights and further recommendations.