Hodusoft

MARCH 13, 2024

Optimizing Customer Support in the Financial Sector: How BPO Contact Centers Can Add Value In the present age, financial institutions are grappling with a wide range of challenges. In today’s dynamic financial landscape, providing exceptional customer support is crucial for the success and reputation of financial institutions.

Contact Center 52

Contact Center Compliance Social Media AI 52

Lumoa

APRIL 7, 2022

The NPS system was created by Fred Reichheld and his team at Bain & Company and Satmetrix Systems in 2003 to help companies improve their marketing strategies to better serve customers’ needs with real, verifiable data that they could analyze and act on. So, without further ado… Why is NPS important?

NPS 83

NPS Net Promoter Score CEM Customer Satisfaction 83

Customer Think

MAY 4, 2023

Bob Passikoff of Brand Keys stated that “For Wall Street it (Brand Disappointment) was about missing expectations regarding new subscriptions and new customers. We understand this is not something customers want to lose, and losing it causes brand disappointment. Let the customer do extra work! Make it simple!

Customer Loyalty 69

Customer Loyalty Retail Technology Technology 69

Comm100

MARCH 23, 2022

With such growth, partly driven by raised bank fees, comes great opportunity to expand membership. In this blog, we’ll look at some of the ways credit unions can take advantage of this bouyant market by exploring four ideas to increase credit union membership. . Read more: How to Improve Credit Union Member Engagement.

Social Media 92

Social Media Omnichannel Start-ups Technology 92

Beyond Philosophy

JUNE 6, 2019

Many new technologies, such as facial recognition technology for Customer Experience are emerging. Facial recognition and facial expression analysis are capturing essential information about how customers feel during an experience at the moment. However, online banking has proved to be helpful to society.

CX 141

CX Technology Technology Customer Experience 141

Uniphore

JANUARY 25, 2022

A blog post from Umesh Sachdev, CEO & Co-founder, Uniphore. As the AI-powered customer experience (CX) frontier becomes more mainstream, companies will look to emotion AI to offer a differentiated experience rich in actionable data. Ah, 2022, a new year. Not so fast. And it’s a two-way street.

AI 130

AI Artificial Intelligence Healthcare Legal 130

Customers That Stick

NOVEMBER 16, 2020

Note: This blog post contains information related to and provide by a client of CTS Service Solutions. Agara is an autonomous voice engine powered by Real-time Voice AI designed to handle customer support calls without any human intervention. Read the rest here. »

AI 78

AI Customer Service Engineering CX 78

Beyond Philosophy

OCTOBER 31, 2016

Like millions of Wells Fargo customers, Lorraine and I have checked to see if we had any accounts opened with the bank without our consent. Like millions of Wells Fargo customers, we don’t trust them because they lied. A criminal investigation was launched last week in California to identify whether the bank committed felonies.

Net Promoter Score 0

Net Promoter Score NPS Sales Retail 0

Beyond Philosophy

SEPTEMBER 18, 2016

A: Wells Fargo Bank, the latest bank to suffer the scrutiny of the truth and forced to answer for taking advantage of its customers’ trust. Carrie Tolstedt , unit leader of Wells Fargo’s community banking division, is set to retire at the end of this year after 27 years of service. When a customer is lied to, it matters.

Construction 166

Construction Sales Customer Experience 166

Beyond Philosophy

FEBRUARY 15, 2018

The San Francisco-based bank, whose employees opened many fraudulent and unauthorized accounts in their customers’ name, now enjoys the dubious honor of shouldering the most substantial penalty the agency has issued since its formation in 2011. In other words, it’s not that the Wells Fargo customers are loyal.

Sales 141

Sales Start-ups Customer Experience 141

PeopleMetrics

JUNE 16, 2016

As a customer experience company, we field a lot of questions from prospects about customer feedback. Here's the thing: If you’re not acting on customer feedback, then there’s not much reason in collecting it. Here's the thing: If you’re not acting on customer feedback, then there’s not much reason in collecting it.

Close the Loop 118

Close the Loop Customer Experience VOC Voice of the Customer 118

Comm100

FEBRUARY 6, 2023

To drive business, attract new clients, and retain existing ones, financial institutions must invest in improving their customer experience. Enhancing your customer experience is important not just because it will increase customer loyalty and satisfaction but because customers also expect it.

Customer Experience 80

Customer Experience Omnichannel Social Media Touchpoint 80

Comm100

DECEMBER 13, 2021

They need to offer the convenience of self-serve solutions, while providing personalized support and human experiences. In this blog, we’ll look at the four top reasons why credit unions need to offer live chat services in 2022, from improving member experience to gaining member insights.

CX 52

CX Start-ups AI Technology 52

Lumoa

APRIL 21, 2022

Wayne Dyer Act 1 The Customer Support Blues “Does Customer Support have enough of a mandate to drive improvements in customer satisfaction?” When I started thinking about writing a piece on transforming customer support, this question immediately came to mind. What will your answer be? Believe me, I’ve been there.

Non-Profits 83

Non-Profits Customer Satisfaction Outlook Technology 83

Comm100

MARCH 9, 2022

As consumers move further online and competition becomes fiercer, improving credit union member engagement should be at the top of every priority list – and it all starts with the credit union member experience. . In this blog, we’ll take a look at the top strategies that credit unions can employ to improve member experience.

Omnichannel 74

Omnichannel Social Media Start-ups Innovation 74

Hodusoft

MAY 10, 2024

Now, they’re the cornerstone of customer service and support, enabling seamless communication and collaboration with the help of call and contact center software , regardless of physical location. Virtual call centers leverage cloud-based technology to enable remote agents to handle customer inquiries from anywhere in the world.

Contact Center 52

Contact Center Social Media Compliance Artificial Intelligence 52

Beyond Philosophy

JULY 13, 2016

What do a Bank, an Airline, and an Online Retailer Have in Common? Consorsbank, Lufthansa, and Zalando—three very different companies—have both undertaken a Customer Experience improvement program. Consorsbank is a bank; Lufthansa is an airline; Zalando is an online clothing retailer.

Customer Experience 111

Customer Experience Retail Touchpoint 111

SurveySensum

DECEMBER 22, 2023

Recently, I contacted the customer support of an electronics brand to address an AC installation issue. Businesses (their agents) use tactics like offering incentives to customers, badgering or threatening customers, etc, to manipulate their NPS scores. So, how to stop this?

NPS 52

NPS Gaming Education Customer Satisfaction 52

Lightico

FEBRUARY 11, 2024

In our last blog on the subject, we covered IDP for Auto Finance in general but here we are diving a little deeper into the application process, where we often find lenders employing teams of “stare and compare” analysts and underwriters. This often result in inefficiencies, delays, and increased risk of errors and non-compliance.

Data Entry 98

Data Entry Compliance Finance Unstructured Data 98

Comm100

MARCH 6, 2022

Financial institutions across the world are taking advantage of new digital technologies to improve customer experience (CX) and engagement. We’ve looked at how live chat can help credit unions improve member engagement , but to take this to the next level, chatbots are essential. Future members demand digital support.

Start-ups 63

Start-ups CX Technology Technology 63

Uniphore

OCTOBER 5, 2021

This is a contributed blog post by Dipu KV, President – Operations & Customer Experience at Bajaj Allianz General a recent guest on Uniphore’s Conversations that Matter podcast. That’s the extent to which digitization is being used nowadays to transform the customer service landscape. came to the fore.

Contact Center 100

Contact Center Artificial Intelligence AI Government 100

Beyond Philosophy

MARCH 31, 2015

Both quotes seem to apply to what is currently transpiring with retail branch banking, and where it seems to be trending. Banks can’t quite make up their minds about what branches are supposed to be. Are they technology centers, with increased reliance on self-service devices, speed, and with minimal customer interface?

Customer Relationship 124

Customer Relationship Retail Finance Customer Retention 124

PeopleMetrics

MAY 4, 2017

Over 150 customer experience professionals completed a PeopleMetrics online assessment about the presence, or absence, of customer-centric practices in their organizations. In our blog, we commented on the slow progress revealed by the trends in this data , with few disciplines improving over time. mark or memory.

Customer Journey Map 91

Customer Journey Map Touchpoint Compliance Start-ups 91

SurveySensum

MARCH 12, 2024

What makes a survey truly an experience? In this blog, we will explore the basics of survey logic, its different types, and how it can benefit you in various ways. All the surveys that have increased efficiency, high respondent experience, and lead to more reliable results employ survey logic. Enter Survey Logic.

Start-ups 52

Start-ups Actionable Insights Retail Gaming 52

Fonolo

SEPTEMBER 11, 2018

We got a lot of feedback on last week’s blog , both in private and in public (see this thread on LinkedIn, for example). Contemplating the eventual fate of humans in the customer service process leads to some spicy conversations. The title of last week’s post was “AI is Not Reducing Call Center Agent Employment”. Balance of Forces.

AI 89

AI Customer Service Contact Center Artificial Intelligence 89

Beyond Philosophy

SEPTEMBER 15, 2015

My recent experiences with my cable company have been the complete opposite. This poor Customer Experience is one reason I now use Netflix more than my cable company. For those of you that don’t know, Net Promoter Score (NPS) represents the likelihood a Customer would recommend your product or service to other people (i.e.,

Net Promoter Score 153

Net Promoter Score NPS CX Retail 153

Intercom, Inc.

JULY 11, 2018

A strong understanding of the outcome customers want , and how they currently get it, is essential for you to succeed in product development. A strong understanding of the outcome customers want , and how they currently get it, is essential for you to succeed in product development. Your job is to improve upon that.

Entertainment 205

Entertainment Start-ups Engineering Technology 205

Lightico

APRIL 17, 2023

However, not all customers are looking to avoid their loan obligations. Unfortunately, the loan extension process is often choppy and inefficient, leading to incomplete applications, prolonged turnaround times, and unsatisfied customers. The increasing number of borrower defaults and delinquencies is a cause for concern.

Finance 52

Finance Net Promoter Score Legal Compliance 52

PeopleMetrics

AUGUST 21, 2018

As we discussed in Lesson #5 , NPS is important to include in your VoC program, but if you’re running a transactional VoC survey, you need other ways to measure the most recent customer experience alongside NPS. Focus on customer effort. Ask the customer about their overall experience during their most recent visit.

VOC 82

VOC NPS CEM CX 82

Beyond Philosophy

JUNE 7, 2016

This week, Bob Thompson’s informative, timely blog on strategies companies can use to make customer experience a competitive advantage – and how most neither measure experience nor compete on it – puts me in mind of a line of discussion around customer experience lagniappe. It’s experience lagniappe.

Customer Experience 74

Customer Experience B2C Touchpoint B2B 74

Execs In The Know

FEBRUARY 16, 2023

From the largest banks and insurance providers to leading telecommunications, travel, and technology organizations, companies around the globe are using Zenarate simulation training to develop confident top-performing agents. It closed tenured agent call type, soft skills, and best and required practice gaps.

AI 52

AI Scorecard Contact Center Compliance 52

Hodusoft

JULY 6, 2022

Top Call Routing Strategies to Improve Customer Experience An exceptional customer experience is critical to a business’ immediate and long-term success. Today, 83% of customers expect to engage with someone when contacting a business. Call Routing System: What is it and How Does it Work?

Customer Experience 59

Customer Experience Contact Center Customer Satisfaction Omnichannel 59

Callminer

APRIL 21, 2020

Learn more about how gamification can help boost call center agent performance by downloading our white paper, Using Gamification to Improve Contact Center Performance. Employees are different, based on their unique work and life experiences. Customer service is about finding a balance between efficiency and personalization…”.

Gaming 182

Gaming Non-Profits Contact Center Sales 182

SurveySensum

AUGUST 14, 2023

A week into getting my new smartphone, I got a call from customer support checking in on my experience. By anticipating your customer’s potential need and offering a relevant and timely solution, you can make the customer experience seamless and hassle-free. 9 Best Practices To Improve Your Customer Effort Score 1.

Customer Experience 52

Customer Experience E-commerce NPS Customer Satisfaction 52

Hodusoft

JANUARY 18, 2022

The Auto Dialer Software market size 2022 is anticipated to experience significant growth over the next few years due to the unique growth patterns, potential, and promise for the marketplace. Preview dialers are a fantastic choice to use for calls that are likely to need unique customer data. Progressive dialers. Predictive dialers.

E-commerce 105

E-commerce Hospitality Hospitality Education 105

Logicalware

DECEMBER 14, 2021

In this blog, our Director of WFM Emma Skygebjerg shares her top tips for planning and optimising your schedules. Customer behaviours have changed in the wake of the pandemic. That means the level of demand you normally experience over Christmas could be different this year. Tip #1: Use up-to-date data.

Government 98

Government Customer Service 98

Steven Van Belleghem

JUNE 6, 2023

Lead Companies with a successful customer centric culture – from Apple and Amazon to Starbucks and Glossier – stand out with these 2 things: they have a strong customer vision and leaders who show with their decisions and actions that they will always and forever put the customer first.

Construction 62

Construction Engineering Retail CX 62