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Seminar
Description
The Introduction to Scoring Seminar, hosted by PIC Solutions, is a
one-day seminar providing delegates with an introductory
understanding of the concepts and practical uses of scoring in the
highly competitive consumer credit industry.
This seminar is practically focused and international best practice
concepts are reinforced using practical case studies and exercises.
This approach, combined with highly experienced presenters, ensures
that delegates return to their work environments with a clear
understanding of the concepts and practical implications of best
practice applications of credit scoring. Furthermore, the lively
debate and interaction between delegates and presenters guarantee an
enjoyable yet valuable learning experience.
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Seminar Contents
Leading experts in the scoring arena will cover the following topics
in this one-day introductory seminar:
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The principles and terminology of credit scoring.
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International and domestic best practices for setting
appropriate scorecard cut-offs and associated business policies.
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Practical uses of behaviour scoring throughout the credit life
cycle.
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Principles of additional behaviour models: propensity to spend,
attrition (churn), response, payment and recovery projection
scorecards.
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The benefits and uses of credit bureau data in the application
and account management arenas.
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Key Benefits
This seminar will empower you to:
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Understand the principles and theory of credit scoring.
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Understand the key benefits of application and behaviour scoring
in your organisation.
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Understand the advantages of using credit bureau data in your
application and account management processes.
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Why Should you attend this Seminar?
How can propensity to spend,
attrition, response, payment and recovery projection scorecards be
used within your organisation? What are the advantages of using
behaviour scorecards? What are the best practices when determining
the appropriate scorecard cut-offs? This seminar provides the
answers to these and other critical credit scoring questions.
Who is this seminar aimed at?
Everyone who is involved with credit granting and account management
within your organisation. Previous seminars have been attended by
the following consumer credit professionals:
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The South African Credit Environment
In
South Africa, the ratio of household debt to disposable income has
grown to a record height of 73%, as at December 2006. Credit growth
is likely to remain strong ahead of the implementation of the
National Credit Act which is aimed at curbing irresponsible lending.
This industry growth will further increase the already critical
reliance on credit systems to ensure the continuing success of all
companies offering credit.
In Credit, leading-edge technology is one of the key drivers
ensuring efficiency and optimal results. It is important that your
ICT systems are synchronised with and support your credit
strategies and the overall goals of your credit department in order
to assure a consistent, successful approach.
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Pre-requisites
The seminar assumes some familiarity with the credit industry.
Materials
All attendees receive
the Introduction to Scoring Seminar binder. In addition, a Credit
Academy Certificate is awarded to all delegates that complete the
seminar. |
