This company provides a technology platform that helps businesses determine the most suitable debt treatment strategies for their customers. It offers managed access to a network of suppliers for debt recovery, litigation, and enforcement services, streamlining the entire debt management process.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often struggle to efficiently manage and recover outstanding debts, leading to increased operational costs and reduced profitability. Selecting the appropriate debt treatment strategy for each customer can be complex, and managing a network of debt recovery suppliers can be time-consuming and resource-intensive.
Solution
Just provides a technology platform that leverages adaptive AI and data science to optimize debt treatment strategies and streamline the debt recovery process. The platform, JustIQ, analyzes debt portfolios, forecasts ROI, and recommends tailored treatment strategies, enabling clients to engage customers more effectively and encourage payments. For clients seeking a managed solution, JustMS connects them to a network of accredited debt recovery, litigation, and enforcement partners, providing transparency and maximizing returns. Clients can choose JustIQ, JustMS, or a customized integration of both to align with their specific requirements.
Target Audience
The primary target audience includes large utilities, financial services, legal firms, and government organizations seeking to resolve consumer, residential, business, or commercial debt.
Features
- JustIQ: Adaptive AI technology for data-driven debt strategies and decision frameworks.
- JustMS: Managed access to a network of debt recovery, litigation, and enforcement specialists.
- Portfolio analysis and ROI forecasting using proprietary data models and intelligent decision frameworks.
- Identification of customers who can pay versus those needing additional support.
- Continuous learning and improvement through AI and machine learning to refine strategies.
- Integration with leading Debt Collection Agencies (DCAs) authorized by the FCA.
- Network of expert litigation partners accredited by the SRA.
- Partnerships with enforcement providers, focusing on early engagement and FCA-regulated suppliers.