article thumbnail

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.

Banking 130
article thumbnail

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

Uniphore

Source: “ United Healthcare, Humana Top Healthcare Satisfaction Ratings ,” Nathan Eddy, Healthcare Finance, September 2021. Lack of scalability Call volumes skyrocketed during the pandemic at the same time contact center employees had to shift to work-from-home models. Consumers faced long wait times to reach an agent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Artificial Intelligence and the Customer Journey

Horizon CX

If you get this far, enter the dreaded wait time; “Your call is important to us. Your approximate wait time is 16 minutes.” December 2021. If you speak too soon, you’ll hear; “I’m sorry, I didn’t understand that response, please try again.”.

article thumbnail

7 Proven Ways to Manage Contact Center Agent Staffing Shortages

Playvox

in July 2021 , higher than pre-pandemic levels, yet the news is full of stories about businesses of all sizes across industries having difficulty finding employees. Worsening the cycle, burnout leads to attrition at a time when contact centers can’t afford to lose agents. Reduce handle times through automation and integrations.

article thumbnail

5 Insurance Chatbot Use Cases Along the Customer Journey

Inbenta

They’re turning to online channels for self-service insurance information and support — instantly, seamlessly, and at any time. According to a 2021 report, 50% of customers rank digital communications as a high priority (but only 17% of insurers use them). Speed up average handling times (AHT) and increase first-contact resolution.

article thumbnail

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.

article thumbnail

Voice Channel: What Are The Most Important KPIs And How To Improve Them?

NobelBiz

The Average Handling Time (AHT) Call centers are an excellent investment when it comes to customer care, whether you are assisting your staff or your consumers. AHT is an abbreviation for “Average Handling Time.” But how do you tell whether they’re actually working?