Prodigal is your consumer finance AI specialist. We provide operational and strategic intelligence to increase revenue and reduce costs. Operational intelligence includes solutions like compliance scores, note automation and complaints capture to help you increase day to day operational efficiency. Strategic intelligence includes critical signals like intent to pay scores, the best time to contact consumers, and the best messages to use. This intelligence helps you increase revenue and make more informed business decisions. Prodigal is headquartered in Mountain View, California, and their global team is on a mission to build the intelligence layer that powers consumer finance. With the backing of domain experts, technology leaders, and top investors, including Accel, Menlo Ventures, and Y-Combinator, Prodigal is poised to become the next iconic vertical SaaS company.
External link for Prodigal
655 Castro St
Mountain View, California 94041, US
Powai
Mumbai, Maharashtra 400079, IN
One year ago, we snapped up Sunny Kumar after his internship to work full-time for us as a Customer Data Scientist, and he's been bringing the ☀ 🔥 ever since. Thank you for everything you do for our customers, Sunny! #workmilestone
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There are five simple strategies to increase payments and engagement from bill pay texts… …actually, there are more than five. But let’s just talk about the top five. For instance, you can double response rates by including your customer’s name and the amount owed in the text message! As I said, a simple change that yields big results. You already have information like that - dozens, maybe hundreds of minor shifts that could transform your ability to maximize payments. And that’s not even considering the major changes. The difficulty has always been uncovering the information that can drive those shifts. But with the awesome - quite literally - power of AI, you can analyze vast amounts of data to reveal the secrets that could transform your business. We’ve put our AI to work analyzing over 400 million consumer finance interactions. Let's chat so I can share the rest of those top 5 strategies with you and you can start increasing payments today.
Do customers feel like a mystery? Let's solve for what helps them decide to pay - catch the webinar on Friday, 6/14.
Why do consumers decide to make payments? Is it the content of an email or letter? Something a collector said on the phone? The answer is crucial for collection operations aiming to replicate these actions and drive more consumers to pay up. In today's world of multi-channel communications, understanding what truly motivates a consumer to make a payment is a challenge. But what if you could crack the code? Join us for a groundbreaking webinar, sponsored by Prodigal, where a panel of industry experts will reveal the strategies they use to decipher consumer behavior. Discover the secrets to increasing your collection success rates and learn how to apply these insights to your operations. 📌 How to Figure Out What Drives a Consumer to Make a Payment 📅 Friday, June 14 @ 1pm ET 🎙 Meet our speakers: Michael C., Leann Elmore, and Thomas Kersting Sign up now and transform your approach to collections! 🔗 Register here: https://lnkd.in/eRM6K85q #ConsumerPayments #CollectionsStrategy #Webinar
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“'I fear not the man who has practiced ten thousand kicks once, but I fear the man who has practiced one kick ten thousand times.” Bruce Lee wasn’t talking about #AI when he said that, but he could have been. That’s why I’ve led Prodigal to train our AI on one kick - consumer finance. There are companies trying to be everything to everybody. That’s not what I want to do at Prodigal. I want to build a company that is exceptionally good at what it does - building industry-leading AI to help our consumer finance customers drive payments. Think about the “learning” part in “machine learning.” There’s a difference between learning enough to become a generalist, knowing a small amount about many things, and learning enough to become an expert in a single field. Both have their benefits, but in order to earn the trust of our customers and meet the expectation of not just working in but pioneering consumer finance, I’ve committed to Prodigal’s using machine learning in pursuit of expertise. One kick. Ten thousand times. That’s where Prodigal is going.
Join us to uncover what drives consumers to make payments - so you can drive more payments!
Why do consumers decide to make payments? Is it the content of an email or letter? Something a collector said on the phone? The answer is crucial for collection operations aiming to replicate these actions and drive more consumers to pay up. In today's world of multi-channel communications, understanding what truly motivates a consumer to make a payment is a challenge. But what if you could crack the code? Join us for a groundbreaking webinar, sponsored by Prodigal, where a panel of industry experts will reveal the strategies they use to decipher consumer behavior. Discover the secrets to increasing your collection success rates and learn how to apply these insights to your operations. 📌 How to Figure Out What Drives a Consumer to Make a Payment 📅 Friday, June 14 @ 1pm ET 🎙 Meet our speakers: Michael C., Leann Elmore, and Thomas Kersting Sign up now and transform your approach to collections! 🔗 Register here: https://lnkd.in/eRM6K85q #ConsumerPayments #CollectionsStrategy #Webinar
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In the spirit of #HFMAAnnual coming up in just a few short weeks... RCM companies have always struggled to maintain strong patient relationships while improving payment rates. Think about it, if you have a bad payment experience, the first thing you do is not want to ~ever~ deal with that again. BUT by leveraging AI and automation, you can: 🏥 Tailor your outreach to each patient's preferences for optimal results 🏥 Offer transparent, easy-to-understand billing information 🏥 Provide flexible payment options and proactive supportInvesting in patient experience isn't just a nice-to-have; it's a critical component of success in today's competitive landscape. Let's connect and discuss how you can revolutionize your RCM process, one patient at a time! #HealthcareRCM #PatientExperience #RevenueRecovery #HFMA
Happy birthday to....well, us! #AI may feel new, but it's been 6 years since Shantanu Gangal and Sangram Raje created Prodigal, designing purpose-built AI especially for consumer finance. In those 6 years, we've analyzed over 400 *million* customer interactions to refine our models and deliver exactly you need to drive payments with next-level customer personalization. Here's to another 6 years and a few hundred million more!
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Lending and collections strategy leaders: Credit card write-offs rising by 73% YoY in 2023 is a bellwether for consumer finance lending and collections as a whole. To navigate these turbulent times, it's crucial to focus our efforts and investments on key areas: 1. Digital communication - Embrace multi-channel communication strategies to meet customers where they are. Personalized emails, SMS, and self-serve portals can improve engagement and collections effectiveness. 2. Workflow automation - Streamline processes and reduce manual effort by implementing automated workflows. This will boost efficiency, minimize errors, and allow teams to focus on high-value tasks. 3. Analytics & reporting - Harness the power of data analytics to gain insights into customer behavior and portfolio performance. Real-time reporting and dashboards can inform strategic decision-making and help optimize collections strategies. By prioritizing these areas, your team can build resilience, adapt to changing market conditions, and deliver better outcomes for both customers and your business.
Shobhita Agarwal is one of those people whose impact is so big it's hard to believe it's only been two years since she joined #teamProdigal! Thank you for leading all of us to be our best! #workmilestone
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We can hardly believe it's been two years of Ray Allen on #teamProdigal! Thank you for your calm presence and endless determination to do better for our customers! #workmilestone
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