*Only available on accounts that have been awarded judgment
Over 25 years of industry-leading data collection and analysis have gone into creating PAYMETRIX AI®. The model offers the industry two distinct advantages over any other asset identification program:
Enhanced “hit” performanceMany of you have experienced the reality of “verified” hits that are anything but! “Verified” hits look great on the front end, but can be a drain on the back end if they are inaccurate because of wasted time and costs. PAYMETRIX AI® takes the guesswork out of identifying payers by combining two powerful tools:
• Information available from proprietary databases
• Exclusive partnerships with vendors otherwise unavailable to our industry
Finding consumers who will pay through an enhanced hit process is only step one. The next step is determining how much they will pay. Through a sophisticated data science approach, we are able to deliver liquidation rates that are 2-3 times higher than those delivered through a typical asset search process.
PAYMETRIX AI® is a groundbreaking process for four reasons:
1. Finds and delivers data others have been unable to locate
2. Guarantees accuracy of data across many sources
3. Transforms that data into actionable information
4. This information leads to meaningful collection results and higher yield