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© 2004 Concerto Software, Inc. All rights reserved.
Contact Centre Solutions
Outbound Technologies for Call Centres
Pushkar TanejaDirector, Channel Development
© 2005 Concerto Software, Inc. All rights reserved. 2
Agenda
•Company Profile
•Business Drivers
•Why Automated Dialing
•Business Benefits
© 2005 Concerto Software, Inc. All rights reserved. 3
Concerto Software Overview
•Founded in 1981•Founder of Predictive Dialling (Davox) and ACD’s (Rockwell)•1000+ employees•Global sales & support infrastructure•Strong partnerships with leading technology providers and distribution channels
Concerto Software is a proven provider of Customer Interaction Management (CIM) solutions that help companies more effectively manage customer interactions via Voice, Fax, eMail and the Web.
Corporate Headquarters, Westford
Massachusetts, USA
© 2005 Concerto Software, Inc. All rights reserved. 4
• $4.2 Billion in committed capital Specializes in “growth equity”
investments in information technology• 25+ years of private equity experience
More than 60 transaction closings; more than a dozen IPO’s
• Funded more than 350 companies• Help innovators exploit new
business opportunities and anticipate trends through long-term relationships that endure the changing economic landscape
Our Investors
Concerto is backed by tech-savvy investors with $4.7B in capital
• $750 Million in committed capital Specializes in “growth equity”
investments in information technology• 40+ years of private equity experience
More than 60 transaction closings; more than a dozen IPO’s
• Most active investor in software over last 2 years
10 software companies aggregating $600m+ in revenue
• Add value by working closely with management• Partner long term with world-class
management teams to enhance a company’s value
© 2005 Concerto Software, Inc. All rights reserved. 5
Unprecedented Two-Time Award Unprecedented Two-Time Award WinnerWinner
© 2005 Concerto Software, Inc. All rights reserved. 6
World Leader in Predictive Dialer
• More than +1,800 customers in 45 countries• Owner of 100+ call center patents, 160 patents pending• World Leade of Predictive Dialer for multiple Call Centre related
aplications in the world!
• CitiBank• Amex• Bank One• Standard Chartered Bank• DBS
• Bank of America• Chase• First Union• HSBC• US Bank
• Citigroup• Bank of America• Chase• Bank One• J. P. Morgan
• First Union• Wells Fargo• Washington Mutual• Bank of America• SunTrust
• IN APAC – CONCERTO HAS 48%MARKET SHARE for Predictive Diallers
© 2005 Concerto Software, Inc. All rights reserved. 7
Business Drivers
© 2005 Concerto Software, Inc. All rights reserved. 8
Call Center: Business Drivers
•Reduce the cost of doing business Maximize agent productivity Manage resources effectively
•Increase revenues Increase customer satisfaction & loyalty Generate new business revenue Conduct market intelligence & analysis Protect or enhance existing business revenue
© 2005 Concerto Software, Inc. All rights reserved. 9
Reducing Cost of Doing Business
•Maximizing agent productivity Shifting work from higher cost personnel to the contact
center Reduces labor costs
Streamlining contact center processes Agents can handle more calls
Eliminating agent idle times Agents can handle more calls
Centralization of agents Optimize agent pool, reduces labor costs
Work flow management Optimize agent pool, reduces labor costs
© 2005 Concerto Software, Inc. All rights reserved. 10
Reducing Cost of Doing Business
•Manage resources effectively Centralization of centers/ offices
Saves costs is relation to facilities, personnel, etc. Cross train agents
Reduces call transfers & improves 1st call resolutions Integrated reporting
Improves data on agent efficiency rates Blending
Optimizes agent pool
•Contact centers are not static
© 2005 Concerto Software, Inc. All rights reserved. 11
Increase Revenues
• Increase customer satisfaction & loyalty Customer satisfaction with the agent interaction is critical
to the revenue generated by the contact center Accomplished via technology and agent training
Successful contact centers are customer focused and service oriented
1 Richard F. Gerson, Ph.D., Beyond Customer Service
© 2005 Concerto Software, Inc. All rights reserved. 12
•Horizontal Applications Customer Service Collections Telemarketing Order Processing Reservations Help Desk
Call Center Applications
•Vertical Applications Banking Outsourcing Telecommunications Utilities Airlines
© 2005 Concerto Software, Inc. All rights reserved. 13
Outbound Contact Centers
•Outbound calling mission Call volumes
•Type of outbound calling (e.g. Preview, Predictive)•Connect rates vs. right party contact rates
Time spent on phone more productive Better manage tasks associated with a call Calls queued by statistical averages Increased efficiency through delivery of voice and data Improved overall contact management
•Agent requirements Scripting/ Automation
•Reporting requirements
© 2005 Concerto Software, Inc. All rights reserved. 14
Why Predictive/Automated Dialing
© 2005 Concerto Software, Inc. All rights reserved. 15
Why Managed/Predictive Dialling?
Competitive AdvantageProvide Superior Customer ServiceTechnology To Increase RevenueTechnology to Reduce Labor Cost
Call Centre’s MUST HAVE…..
© 2005 Concerto Software, Inc. All rights reserved. 16
Manual Dialling Challenge
ReviewRecord
6
8 9
0 #
1
4
*
7
2 3
5
DIAL
NoAnswer Busy Answer
MachineOperatorInterrupt
UpdateRecord
WrongPerson
Connect
RightPerson
AGENT
© 2005 Concerto Software, Inc. All rights reserved. 17
Problems with Manual Dialing
??Wait/Wait/RingRing DialDial
DisconnectDisconnect
BusyBusy
Answering Answering MachineMachine
No No AnswerAnswer
Live Contact
12-15 Minutes/HourProductive Time
LiveContact
Busy
DialDial
Ans. Ans. MachineMachine
DisconnectDisconnect NoNo AnswerAnswer
Wait (Ring)Wait (Ring)
© 2005 Concerto Software, Inc. All rights reserved. 18
Predictive Dialing Process
??Wait/Ring Dial Disconnect
Busy
Answering Machine
No Answer
Live Contact
45-52 Minutes/HourProductive Time
~400% Improvement
Live Contact
© 2005 Concerto Software, Inc. All rights reserved. 19
Agent Activity in a Manual Environment
Agent Activity in an Automated Environment
Dialing/
Waiting/
Administrative
Customer
Contact
CustomerContact
OtherDuties
Predictive Dialling Benefit
© 2005 Concerto Software, Inc. All rights reserved. 20
Increase in Revenues
•Generate new business revenue Tactical missions Strategic missions
Cross-selling & up-selling
•Conduct market intelligence & analysis Identify needs for new products Determine buying patterns
•Protect or enhance existing business revenue Customer retention Handle complaints
© 2005 Concerto Software, Inc. All rights reserved. 21
Contact Center ApplicationsPredictive Dialing
•A good predictive dialing system allows the client to up-sell products to end-customers, and forms a portion of the overall customer service value chain
•Good vertical market opportunities include Outsourcing Government Travel & Tourism Manufacturing
• In Asia-Pacific, predictive dialers have been rapidly adopted in large outsourcing markets, including India, Philippines, Malaysia and China
Source: Datamonitor; The Asia Pacific Contact Center Market; April 2004
© 2005 Concerto Software, Inc. All rights reserved. 22
SUMMARY OF BENEFITS
Addresses actual BUSINESS PROCESS
Enables BUSINESS OWNERS to develop customized business strategies
Enables BUSINESS OWNERS to monitor, measure and refine campaign strategies to achieve maximum efficiencies
Enables BUSINESS OWNERS to view and analyze operational performance data and correlate to key BUSINESS METRICS
© 2005 Concerto Software, Inc. All rights reserved. 23
Thank YouQuestions?
www.concerto.com
For further Inquiries, Please contact Eveready Communications (Pvt.) Ltd.
Tel: (92-21) 2634817-18-20E-mail: [email protected]