Business issues supported in PAD
PAD includes default templates for the most common business issues. When you first log in to PAD, the following business issues are available:
- - Select to recommend a product, a service relationship, predict the likelihood of business generated based on recommendations. This business issue includes champion prediction and indirect value prediction templates.
- - Select to predict the propensity of cases to purchase or respond to a product or service within a defined period of time. This business issue includes cross-sell scoring, response scoring, purchase scoring, product scoring, and upsell scoring templates.
- - Select to predict the propensity of cases to exit, churn rate, or go dormant within a defined period of time. This business issue includes churn modeling, relationship length prediction, exit scoring, and dormancy scoring templates.
- - Select to predict the propensity of cases to default over the life of a product or a service relationship, to default within a defined period, or to default during the life of a product or a service relationship. This business issue includes expected loss, credit application scoring, probability of default, and behavioral scoring templates.
In these business issues, you can create templates and projects to organize your data. You can also create additional business issues when necessary.
Note: Default templates and example projects are imported when you connect to an empty database schema. If user-defined templates and projects exist in the database, the default templates and example projects are not imported. This may happen when the previously used schema was not properly cleaned or there were some exceptions in the PAD setup process.
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