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Improving IVR Self-Service
Using Speech Analytics
SpeechTEK - May 2016
Dr. Sunil Issar
© Copyright VOZIQ, 2016
TOPICS COVERED
1. IVR Tuning Challenges
2. Latent Assets
3. Conclusions
© Copyright VOZIQ, 2016
Increase routing accuracy
WHAT IS THE PROBLEM?
Grammar updates:
Add synonyms, Remove phrases
How can we improve IVR business
metrics?
Current Approach: IVR
tuning
Increase CSAT score
Increase containment rate
Update settings:
Timeout, Confidence thresholds
Update prompts
Less frequent:
Combine/delete/new dialog modules
© Copyright VOZIQ, 2016
WHAT’S MISSING?
WHAT CUSTOMERS REALLY NEED?
??
What is the caller intent?
Why did the caller opt-out?
Why did the caller transfer after
successfully using self-service?
Why did the caller abandon?
© Copyright VOZIQ, 2016
IMPACT ON CALLER EXPERIENCE
Callers get frustrated
Abandons
Failures
Zero-outs
“Colorful” language
© Copyright VOZIQ, 2016
1. IVR Tuning Challenges
2. Latent Assets
3. Conclusions
© Copyright VOZIQ, 2016
REPORTING Vs. ANALYTICS
Current State: Reporting Future State: Analytics
What Happened? Why Did It Happen?
Containment
Abandons
Termpoint
Opt-outs
© Copyright VOZIQ, 2016
AVAILABLE DATA
Current State: Tuning Data
Other data sources?
Platform logs
ASR logs
Contact Center
Future state: multi-channel
© Copyright VOZIQ, 2016
Text
My flight is
delayed.
What are my
choices...
What is the
gate
information
for my
flight...
What is the
cheapest
flight...
Can I get an
upgrade? Text
Is this a
dissatisfied
customer?
How can I
improve
lifetime
value?
What is
driving bad
CX?
Is this
customer
at risk?
Post-Call
Agent Notes
Call Recordings, Post-Call
Notes, Survey Data
70% Customers Prefer
Calling Customer Care For
Their Issues
Analytics Engines
Leverage the latent
assets with analytics
Remove customer experience
blind spots and make
decisions with confidence
Customer Intent, Effort
& Sentiment Calculation
LEVERAGE YOUR LATENT ASSETS TO
UNCOVER CALLER INTENT
Call Recordings
IVR/ASR LOGS
Survey Data
© Copyright VOZIQ, 2016
WHY DO CALLERS TRANSFER?
What was said in the IVR What was done in the Call Center
Time Utterance NL Tag Comments
December 31st 2015 14:17:19:000pay bill PAYMENT_MAKE
xxx called. Went over pymnts rcvd and
explained blnc. She said will mail
pymnt.
December 31st 2015 14:14:42:000making a payment PAYMENT_MAKE
account used xxx type Visa for the
amount xx
December 31st 2015 14:12:55:000pay my bill PAYMENT_MAKE reviewed bal. verified payment of xx
December 31st 2015 14:12:47:000make payment PAYMENT_MAKE cld to update cc info.
December 31st 2015 14:11:00:000make a payment PAYMENT_MAKE
cl for blnce info. Advsd of billing
cycles.
December 31st 2015 14:09:54:000make a payment PAYMENT_MAKE pymnt
December 31st 2015 14:08:37:000I'd like to make paymentPAYMENT_MAKE xxx called md 1xcc pymt.
December 31st 2015 14:01:11:000speak to representative to pay my billPAYMENT_MAKE cld about auto pay
© Copyright VOZIQ, 2016
OTHER IMPROVEMENT SCENARIOS
Caller said
agent in IVR
Caller called 5
times in the last
3 days for tech
support
Caller
complained on
the previous
call and he is at
the end of his
contract
Happy caller,
who never
called in the
last 6 months,
qualified for a
promotional
product
© Copyright VOZIQ, 2016
OTHER EXAMPLES
© Copyright VOZIQ, Inc. 2016
CALL VOLUME INCREASED!
© Copyright VOZIQ, Inc. 2016
BUT THE FCR DECREASED…
© Copyright VOZIQ, Inc. 2016
WHAT CAUSED THE FCR TO FALL?
© Copyright VOZIQ, 2016
1. IVR Tuning Challenges
2. Latent Assets
3. Conclusions
© Copyright VOZIQ, Inc. 2016
Focus on cradle to grave tracking to
identify IVR problem states
IMPROVING IVR METRICS
Focus on frequent transactions/categories for
IVR enhancements
Use Predictive Modeling to improve
caller experience
© Copyright VOZIQ, Inc. 2014 WWW.VOZIQ.COM
TAKEAWAY 1: LISTEN @ SCALE
THROUGH CALL CENTERS
After Calls: Text Analytics/Sentiment Analysis
on Agent Notes, Survey Data
& Call Recordings
During Calls: Call Recordings
& Quality Monitoring
Before Calls: IVR Call Reasons (NL or Menus)
(Tell us why you are calling today?)
Cradle to Grave tracking to identify IVR opportunities & business metrics based on:
Customer Intent | Customer Effort | Customer Sentiment
Customer Interactions to Listen,
Understand & Act on Customer
Issues Proactively
Agent
Notes
IVR
© Copyright VOZIQ, Inc. 2014 WWW.VOZIQ.COM
UNIFIED CONTACT
CENTER DATA
UNIFIED CONTACT
CENTER DATA
Cradle to Grave Analytics on
Interaction & CRM Data
Integrate IVR Logs with Call Center Records,
Demographics & Transactions (CRM Data)
Optimize IVR, Boost Revenue, Improve
Retention and Drive NPS
TAKEAWAY 2 : INTEGRATE
INTERACTIONS WITH CRM DATA
CONCLUSIONS
And lead to pro-active
actions in IVR
Speech and Text Analytics tools along with Multi-
channel & CRM data can help identify
Improving caller experience and
business metrics
Caller intent
IVR issues
Thank You!(+888) 427-2328
info@voziq.com
www.voziq.com
Facebook.com/voziq
Twitter.com/voziq
11951 Freedom Drive
Reston, VA 20190 USA Actionable Customer Intelligence
www.voziq.com/freetrial
Complimentary: Get Text Analytics on
1 Million IVR Logs & Call Center Agent Notes

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Improving IVR Self-Service Using Speech Analytics

  • 1. Improving IVR Self-Service Using Speech Analytics SpeechTEK - May 2016 Dr. Sunil Issar
  • 2. © Copyright VOZIQ, 2016 TOPICS COVERED 1. IVR Tuning Challenges 2. Latent Assets 3. Conclusions
  • 3. © Copyright VOZIQ, 2016 Increase routing accuracy WHAT IS THE PROBLEM? Grammar updates: Add synonyms, Remove phrases How can we improve IVR business metrics? Current Approach: IVR tuning Increase CSAT score Increase containment rate Update settings: Timeout, Confidence thresholds Update prompts Less frequent: Combine/delete/new dialog modules
  • 4. © Copyright VOZIQ, 2016 WHAT’S MISSING? WHAT CUSTOMERS REALLY NEED? ?? What is the caller intent? Why did the caller opt-out? Why did the caller transfer after successfully using self-service? Why did the caller abandon?
  • 5. © Copyright VOZIQ, 2016 IMPACT ON CALLER EXPERIENCE Callers get frustrated Abandons Failures Zero-outs “Colorful” language
  • 6. © Copyright VOZIQ, 2016 1. IVR Tuning Challenges 2. Latent Assets 3. Conclusions
  • 7. © Copyright VOZIQ, 2016 REPORTING Vs. ANALYTICS Current State: Reporting Future State: Analytics What Happened? Why Did It Happen? Containment Abandons Termpoint Opt-outs
  • 8. © Copyright VOZIQ, 2016 AVAILABLE DATA Current State: Tuning Data Other data sources? Platform logs ASR logs Contact Center Future state: multi-channel
  • 9. © Copyright VOZIQ, 2016 Text My flight is delayed. What are my choices... What is the gate information for my flight... What is the cheapest flight... Can I get an upgrade? Text Is this a dissatisfied customer? How can I improve lifetime value? What is driving bad CX? Is this customer at risk? Post-Call Agent Notes Call Recordings, Post-Call Notes, Survey Data 70% Customers Prefer Calling Customer Care For Their Issues Analytics Engines Leverage the latent assets with analytics Remove customer experience blind spots and make decisions with confidence Customer Intent, Effort & Sentiment Calculation LEVERAGE YOUR LATENT ASSETS TO UNCOVER CALLER INTENT Call Recordings IVR/ASR LOGS Survey Data
  • 10. © Copyright VOZIQ, 2016 WHY DO CALLERS TRANSFER? What was said in the IVR What was done in the Call Center Time Utterance NL Tag Comments December 31st 2015 14:17:19:000pay bill PAYMENT_MAKE xxx called. Went over pymnts rcvd and explained blnc. She said will mail pymnt. December 31st 2015 14:14:42:000making a payment PAYMENT_MAKE account used xxx type Visa for the amount xx December 31st 2015 14:12:55:000pay my bill PAYMENT_MAKE reviewed bal. verified payment of xx December 31st 2015 14:12:47:000make payment PAYMENT_MAKE cld to update cc info. December 31st 2015 14:11:00:000make a payment PAYMENT_MAKE cl for blnce info. Advsd of billing cycles. December 31st 2015 14:09:54:000make a payment PAYMENT_MAKE pymnt December 31st 2015 14:08:37:000I'd like to make paymentPAYMENT_MAKE xxx called md 1xcc pymt. December 31st 2015 14:01:11:000speak to representative to pay my billPAYMENT_MAKE cld about auto pay
  • 11. © Copyright VOZIQ, 2016 OTHER IMPROVEMENT SCENARIOS Caller said agent in IVR Caller called 5 times in the last 3 days for tech support Caller complained on the previous call and he is at the end of his contract Happy caller, who never called in the last 6 months, qualified for a promotional product
  • 12. © Copyright VOZIQ, 2016 OTHER EXAMPLES
  • 13. © Copyright VOZIQ, Inc. 2016 CALL VOLUME INCREASED!
  • 14. © Copyright VOZIQ, Inc. 2016 BUT THE FCR DECREASED…
  • 15. © Copyright VOZIQ, Inc. 2016 WHAT CAUSED THE FCR TO FALL?
  • 16. © Copyright VOZIQ, 2016 1. IVR Tuning Challenges 2. Latent Assets 3. Conclusions
  • 17. © Copyright VOZIQ, Inc. 2016 Focus on cradle to grave tracking to identify IVR problem states IMPROVING IVR METRICS Focus on frequent transactions/categories for IVR enhancements Use Predictive Modeling to improve caller experience
  • 18. © Copyright VOZIQ, Inc. 2014 WWW.VOZIQ.COM TAKEAWAY 1: LISTEN @ SCALE THROUGH CALL CENTERS After Calls: Text Analytics/Sentiment Analysis on Agent Notes, Survey Data & Call Recordings During Calls: Call Recordings & Quality Monitoring Before Calls: IVR Call Reasons (NL or Menus) (Tell us why you are calling today?) Cradle to Grave tracking to identify IVR opportunities & business metrics based on: Customer Intent | Customer Effort | Customer Sentiment Customer Interactions to Listen, Understand & Act on Customer Issues Proactively Agent Notes IVR
  • 19. © Copyright VOZIQ, Inc. 2014 WWW.VOZIQ.COM UNIFIED CONTACT CENTER DATA UNIFIED CONTACT CENTER DATA Cradle to Grave Analytics on Interaction & CRM Data Integrate IVR Logs with Call Center Records, Demographics & Transactions (CRM Data) Optimize IVR, Boost Revenue, Improve Retention and Drive NPS TAKEAWAY 2 : INTEGRATE INTERACTIONS WITH CRM DATA
  • 20. CONCLUSIONS And lead to pro-active actions in IVR Speech and Text Analytics tools along with Multi- channel & CRM data can help identify Improving caller experience and business metrics Caller intent IVR issues
  • 21. Thank You!(+888) 427-2328 info@voziq.com www.voziq.com Facebook.com/voziq Twitter.com/voziq 11951 Freedom Drive Reston, VA 20190 USA Actionable Customer Intelligence www.voziq.com/freetrial Complimentary: Get Text Analytics on 1 Million IVR Logs & Call Center Agent Notes