This document discusses how First Data's customer analytics and decision management platform helps businesses make faster, data-driven decisions across the customer lifecycle. The platform combines analysis, prediction, strategy and reporting capabilities to ensure better business outcomes. It analyzes costs and expected outcomes of actions, drives specific customer communications, records action results, and reduces reliance on resources through a hosted environment. This helps businesses accelerate profits through actionable customer insights, increase collections rates at lower costs, and build competitive intelligence through continuous refinement.
1. Customer Analytics and
Decision Management
The Challenge Capture customer feedback such as e-mail or
customer contact notes, providing Voice of the
Creating competitive advantage is a crucial business Customer insight for refining products and service
imperative. Successful businesses understand that delivery programs
investment in customer acquisition and retention is Make and simulate better business decisions—
not enough. Delivering a consistent and meaningful understanding the costs and expected outcome of
customer experience across the life cycle requires each action before it is put into production
better decisions deployed quickly. Reduce effort and increase unit yields for collections
and recovery activities
The Solution Improve skills-based routing and contact center
performance
First Data provides you the ability to make faster
data-driven decisions at each point in the customer
life cycle, from origination to recovery. We are setting Here’s How It Works
a new standard in customer analytics and decision The key to profitability is making data-driven decisions
management—generating successful outcomes for based on your business strategy, ensuring the most
leading financial services, utilities, telecommunications appropriate action taken for every customer. Before you
and specialty retail organizations. make important business decisions, our platform can:
We offer an integrated customer analytics and decision Analyze your business drivers and costs, providing an
management platform combining analysis, prediction, action score
strategy and reporting capabilities—helping to ensure Drive specific actions, leveraging customer
faster time to profit, higher lifetime value, greater communication tools such as letters, automated
loyalty and reduced costs to serve. calling, statement messaging or e-mail
Record actions, enabling continuous refinement in
Analytic and Decision Management real time
Solutions Help You Reduce reliance on scarce technology and analytical
resources with solutions offered in a hosted
Perform advanced segmentation—identifying
environment, integrated with your existing business
new customers to profitably grow portfolios while
processes
minimizing costs and mitigating risk
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