Score!T - Benefits
Score!T helps to:
Increase consistency of business decisions - Applications are treated in a consistent and unbiased way, which means that applications with the same contents get the same score. At the same time a complete management control over credit approval system allows for loosening or tightening lending policy resulting in increased potential in approvals.
Reduce operating costs - The process automation is improved and more efficient.
Improve customer service - Decisions are taken in a fast and consistent way at the application point. Moreover, the low risk applications are processed considerably faster.
Improve portfolio management - Credit portfolios are managed more effectively and dynamically due to:
- Better prediction of credit losses,
- Management ability to react to changes fast and accurately,
- Ability to measure and forecast impact of policy decisions,
- Quick and uniform policy implementation.