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Banking Needs Humans & Machines to Deliver Better Experiences

Uniphore

Between 2020 and 2021, financial technology adoption grew from 58% to 88% of U.S. The time spent in after-call work (ACW) — including categorizing and summarizing the call, updating systems, and taking follow-up actions — impacts average handle time, call waiting times, customer satisfaction, costs, agent productivity, and agent satisfaction.

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How Can Payers Improve Member Experience and Efficiency at the Same Time?

Uniphore

Combined with long wait times for assistance, high amounts of effort to get issues resolved and questions answered, and a lack of empathy and understanding on the part of stressed agents, member experiences aren’t living up to their expectations for an easy, convenient, and empathetic interaction. AI Adoption in Healthcare.

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Lessons Learned from the Frontlines of CX: How One Company Improved Customer Satisfaction by 23% Despite a Volume Surge

Bold360

2020 was a year for the record books. That businesses can actually improve their key indicator metrics during uncertain times if they have the right systems and tools in place. Like many businesses during much of 2020 with customers impacted by COVID-19, the UK bank saw spikes in customer service demand.

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How Chat Support Can Positively Impact Customer Satisfaction and Your Other Service Channels

GlowTouch

Reduced resolution time means reduced costs. While the industry-standard average handle time (AHT) for phone interactions is 6 minutes and 3 seconds , most live chat issues get resolved in 42 seconds or less — a huge difference! Reduced Costs. Even a phone call may be undesirable for many customers in need of assistance.

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5 Insurance Chatbot Use Cases Along the Customer Journey

Inbenta

This is where an AI chatbot comes into its own, by supporting customer service teams with illlimited availability and responding quickly to customers, cutting waiting times. Speed up average handling times (AHT) and increase first-contact resolution.

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How to Measure the Success of your Live Chat Customer Support Team

Comm100

See how you stack up: Comm100’s 2021 Benchmark Report found that the average live chat customer satisfaction (CSAT) rate increased by 1.5% from 2019 to 2020, hitting an all-time new benchmark peak of 85.6%. . Average resolution time. These can be timed and appropriately factored into the overall number.

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Top 5 KPIs Every Live Chat Manager Needs to Track

Comm100

If it’s high, you may need to add staff during peak busy times. Alternatively, you may need to check average handle time as it could indicate that your agents are spending too much time on each chat. It can be measured as follows: Amount of live chats per month x Average Handle Time.