Veda Consumer Credit Analysis
Veda Collection Tools
Veda Document Verification
DRS is a statistical model that can help you to implement more effective collections strategies by ranking a portfolio according to the likelihood the debtor will repay.
You can then prioritise which accounts are worth chasing, thereby improving the efficiency of your collection processes and leading to new strategies and better cash flows.
As New Zealand's leading provider of credit information, Veda has invested significantly in the collection and management of data. Our highly regarded analytical team then work to derive more informed insights.
Critical mass counts. The size of the dataset and the up to date nature of the information enables the creation of a more valuable means to rank the collectability of your debt book.
Debt Recovery Scores are delivered through batch updates. You simply provide us with a file with the identifying information of purchased debt ledgers or contingency debt. We then calculate the DRS by reference to our dynamic data and the scored records are returned to you. You might even put this
information into your internal models or use it in your champion/challenger strategies.
Subscription fees for the DRS may vary depending on the tier you are currently on. We will work closely with each customer to identify the most appropriate pricing model.