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P1254156874pjTkg

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Shorten the time it takes for corrective action ... Identified conciliatory offers losing the company money vs. retaining customers. 12 ... – PowerPoint PPT presentation

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Title: P1254156874pjTkg


1
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Calling for More Than Quality Assurance
  • By Eyal Rudnik, Product Marketing
  • NICE Systems

3
  • Interaction Analytics enables
  • Improved quality of service
  • Better intelligence for enterprise
  • Compliance and risk management

4
Precision Monitoring/ Analytics
Below Average
Above Average
Good
Poor
Lower Revenues Increased Costs Reduced Customer
Sat
Increased Profits Reduced Costs Improved Customer
Sat
5
Precision Monitoring and Analytics
  • Focus on meaningful interactions
  • Perform root-cause analysis
  • Shorten the time it takes for corrective action
  • Use knowledge to influence future processes
    interactions

Switch from focusing on What happened? to Why
it happened? and What is likely to happen?
6
Customer Behavior Modeling
  • Understand customer intent
  • Determine satisfaction drivers
  • Manage the experience
  • Service level
  • Quality of the interaction
  • Predict behavior
  • Churn probability
  • Purchasing patterns
  • Preferences

Firms must model customer behavior, turn
analysis into action and revise constantly -
Forrester Research
7
The Enterprise
Script Adherence
Behavioral Modeling
Root cause
Contact Center
Emotion Detection
Call Flow Analysis
Fraud Detection
Competitive Intelligence
8
  • Speech Analytics
  • Emotion Detection
  • Talk Analysis
  • Customer information
  • Historical transactions

INTERACTIONANALYTICS
Feedback on
  • Screen-events
  • Data extraction
  • Quality of service
  • Product and services
  • Marketing Campaigns
  • Queue time
  • Ring time
  • Hold
  • Transfer
  • Hang-up side

9
  • A few examples to unlock imagination

10
  • leading healthcare insurer Over 350 agents, 4
    million calls and 115 million claims handled per
    year.
  • Challenge Manage call influxes to improve
    service and reduce avoidable calls
  • Solutions
  • Audio Analysis analyzes influxes of calls
    associated with new member plans to identify
    questions being asked and improve marketing
    communications
  • Audio Analysis pinpoints calls related to medical
    procedures that are prone to costly claims
    appeals. Identified scripting for agents that
    resulted in reductions in claims.
  • Screen Analysis tags interactions with Customer
    ID for quick claims and dispute research
  • Business Impact
  • Reduced total call volume associated with new
    health plan groups by 5 (18,000/year)
  • Reduced post-mailing call volume by 30
    immediately
  • Reduced medical appeals exposure by 3 per year
  • Identified potential legal exposure from
    marketing communication saved loss of 2mm

11
  • One of the largest retailer employing over
    325,000 associates.
  • Challenges Increase up-sell / cross-sell
    success and decrease cancellations of sales
    orders, Third party IVR customer surveys very
    costly, time intensive, and slow to deliver
    insights.
  • Solutions
  • Identified Sales interactions (Audio Analysis)
    that did not result in a sale (Screen Analysis)
  • Precision Monitoring conducted to assess Sales
    specific skills
  • Best practices call library used to share
    examples of excellent selling techniques
  • Results
  • An average sales associate estimated increase in
    sales by more than 244,000 annually by improving
    critical sales quality elements.
  • Sales uplift for bottom third of associates is
    more than 3.05 million estimated for first year.
  • Cost savings of over 200K per year through
    improved survey process.
  • Identified conciliatory offers losing the company
    money vs. retaining customers

12
  • QA
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