What is elanev DebtOptimizer? elanev DebtOptimizer is an online tool designed to help you independently price debt portfolios being offered for sale. elanev DebtOptimizer applies our extensive database to provide you with a detailed report containing financial and profitability projections together with an accompanying commentary and insights. Expected cost of collections and any finance costs are included and then the non-engagement strategy duration and the litigation, outsourcing and field stages are varied to provide possible strategies that may optimize return and profit
Why would I use elanev DebtOptimizer? For example, use elanev DebtOptimier to:
1. Reduce time in responding to portfolios being offered for sale (key in a post COVID-19 ‘buyer’s market’ where timelines will be short and competition high)
2. Reduce analysts / consultants time in the first phase of pricing
3. Gain an independent benchmarking and validation of pricing (internal and external)
4. Remove the uncertainty of ‘just take the best of x quotes’ approach
How is it accessed? elanev DebtOptimizer is accessed via our secure online portal. We provide you with a simple template to capture the portfolio characteristics. Upload the template and get a detailed report returned in real-time. The report contains a qualitative and quantitative assessment, detailed financial and profitability projections, commentary and insights. Repeat the process as often as you like as the model is available 24x7x365.
What type of inputs does the model use? The model can be run using the portfolio details and data that you received as part of the tender. A variety of pricing options can be selected within the template too. These are explained within an easy to understand technical document. We will support you with your initial set up and ongoing maintenance of the tool. We also provide training and wider consultancy services as required.
Can we apply our own data? Yes, you can apply your own bespoke scoring data and use bespoke scoring bands to understand their impact, for example on recoveries.
Can we benefit from your elanev Vulnerability data? Yes, we can apply our elanev Vulnerability data to your portfolio to provide an assessment of the propensity for customer financial vulnerability within a given portfolio. Click here for more details on elanev Resilience.
What can we price? Product types include but are not restricted to motor, bank, card, loan, mortgage, overdraft, utility, phone, gym, cable, SME. Placement types include prime, second, tertiary, quad and post-legal.
That all sounds expensive. Is it? We base our pricing on a proportion of the FTE cost of a pricing analyst which would be required to maintain an internal approach. What’s more, our pricing is substantially less than that of a Big-4 Professional Services firm whilst our debt pricing insights are more extensive.
Do you provide debt pricing consultancy? Yes, and we can provide wider consultancy services as required.