Best credit decision maker for business
What do you like best?
We can customize rules which are set and used to validate credit decision making as required by business. We use this product to validate credit decisions for customers registered into an website. We set rules to define the criteria of new members and these rules were deployed into product which will validate new requests and take action accordingly. We generate reports every day and monthly statement s to see how rules are being used to approve/decline new credit card requests and accordingly we set rules in product.
What do you dislike?
I feel it is bit complex when we need to generate some reports of out of decisions made to validate. Sometimes we get issues which we may not be able to resolve them and have to raise ticket with FICO to resolve them. This causes delay in changes for business and can also have financial impacts.
Recommendations to others considering the product:
Best to define rules and deploy them at regular basics to see how this tool is benefiting your business. Make use of daily/monthly reports generated from product to review the performance.
What problems are you solving with the product? What benefits have you realized?
We use this product to validate credit decisions for customers registered into an website. We set rules to define the criteria of new members and these rules were deployed into product which will validate new requests and take action accordingly. We generate reports every day and monthly statement s to see how rules are being used to approve/decline new credit card requests and accordingly we set rules in product.