Posts Tagged ‘strategic’

19
Jul

Account Level Segmentation Strategies

Kurteus provides a simple platform for segmenting hard to manage customer types and applying customized treatments to them. This is a high-value feature since many hard to manage accounts aren't adequately addressed by traditional treatment methods and wind up being charged-off. Furthermore, they're expensive to manage as they move through the portfolio, requiring repeated treatments. We call these segmentation strategies 'programs', and once configured, they become part of the Time Zero dashboard to be included in business intelligence analytics. Along with the ability to segment and treat based on any data attribute within your systems of record, Kurteus has some out-of-the-box strategies that address many of the common difficult account types found in utilities. Here are a few of them: Reactivation Kurteus can identify and manage instances where customers have avoided debt by closing their account and opening a new one without paying the outstanding balance. Features: Outcomes: Non Contactable This program is designed to ensure that contact information is up to date, keeping the lines of communication open. Features: Outcomes: Low Income Identifies and communicates with low income customers. Includes customized solutions to fit within specific regulatory environments and/or company policies. Features: Outcomes: Payment Arrangement Designed to handle the entire payment arrangement lifecycle without the need for CSR intervention, Kurteus supports multiple payment ...