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Real Time Speech Analytics;
The Next Big Thing in
Customer Contact Strategy
Paul Wood
Noble Systems
CCRi – 6th October 2015
Multichannel
Collection
Technologies
Multichannel
Collection
Technologies
A sample of our clients…
Speech Analytics Software Today
• How many of you have an active deployment?
• How many will in 2016?
• How many never seen a system in action?
• How many never heard of it before now?
Speech Analytics Basics
• Call recordings broken into Phonemes
• Phoneme : phon|eme
• “the smallest unit of speech that can be used
to make one word different from another
word”
• Noble Systems providing software over 8 years
• Provides insight and analysis on 100% of your
customer interactions
Speech Analytics
• Two methods of Analysis
– Historic/Post Call: Usually involves
analysing a large volume of stored
recordings
– Real Time: Involves the analysis of active
conversations with customers in real time
to advise, guide, monitor and alert
Drive Business Transformation
FIND AND QUANTIFY EVENTS
ACROSS EVERY INTERACTION
FIND CORRELATIONS
IN THE DATA
DRIVE BUSINESS TRANSFORMATION
Information to the Right People
at the Right Time
SENIOR MANAGERS ANALYSTS SUPERVISORS
• Daily, easy-to-read
dashboard, showing
the status of KPIs
• Immediate, consistent
visibility into overall
corporate objectives
WHAT SENIOR
MANAGERS NEED
WHAT WE DELIVER
Information to the Right People
at the Right Time
• Capture interactions
• Determine root cause
• Access actual customer
interactions
WHAT ANALYSTS NEED
WHAT WE DELIVER
• Discover root cause of issues
• Develop recommendations
• Create coaching initiatives
to address problems
SENIOR MANAGERS ANALYSTS SUPERVISORS
Information to the Right People
at the Right Time
SENIOR MANAGERS ANALYSTS SUPERVISORS
• Access to specific calls,
by agent, aligned with
specific initiatives
• Better tools for coaching
WHAT SUPERVISORS NEED
WHAT WE DELIVER
• Tie agent performance
to corporate goals
and objectives
• Surfaces calls with issues
that require coaching
Real Time Speech Analytics:
Why This is the Future
RTSA: Why do you need it?
• First call resolution
• Agents have so much to remember
• Cost of compliance breaches are costly
• Stop missing cross selling opportunities
• Do more with less
• Gives the agent continues assessment
allowing improved performance for them and
the business
Noble Composer RTSA
Noble Composer RTSA
Example – Real Time Assistance
Example Collections Call Flow
Identification/
Verification
Assess
Affordability
Review
Payment Plan
Review and
recap
Compliance
Customer
Satisfaction Payment Update Account
RTSA Summary
• Helps agents in an increasingly complex role
• Ensures compliance isn’t missed or part
completed
• Rewards the good, catches the bad, in real
time
• Maximises each and every call
• Adds value to the business with each call
• Proven technology in a new application
Q&A
Paul Wood
Noble Systems
0161 772 7100 or 07855 262 390
www.noblesystems.com
#NobleSystemsUK

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7 noble paul wood collections (4 3) revise 51015

  • 1. Real Time Speech Analytics; The Next Big Thing in Customer Contact Strategy Paul Wood Noble Systems CCRi – 6th October 2015
  • 4. A sample of our clients…
  • 5. Speech Analytics Software Today • How many of you have an active deployment? • How many will in 2016? • How many never seen a system in action? • How many never heard of it before now?
  • 6. Speech Analytics Basics • Call recordings broken into Phonemes • Phoneme : phon|eme • “the smallest unit of speech that can be used to make one word different from another word” • Noble Systems providing software over 8 years • Provides insight and analysis on 100% of your customer interactions
  • 7. Speech Analytics • Two methods of Analysis – Historic/Post Call: Usually involves analysing a large volume of stored recordings – Real Time: Involves the analysis of active conversations with customers in real time to advise, guide, monitor and alert
  • 8. Drive Business Transformation FIND AND QUANTIFY EVENTS ACROSS EVERY INTERACTION FIND CORRELATIONS IN THE DATA DRIVE BUSINESS TRANSFORMATION
  • 9. Information to the Right People at the Right Time SENIOR MANAGERS ANALYSTS SUPERVISORS • Daily, easy-to-read dashboard, showing the status of KPIs • Immediate, consistent visibility into overall corporate objectives WHAT SENIOR MANAGERS NEED WHAT WE DELIVER
  • 10. Information to the Right People at the Right Time • Capture interactions • Determine root cause • Access actual customer interactions WHAT ANALYSTS NEED WHAT WE DELIVER • Discover root cause of issues • Develop recommendations • Create coaching initiatives to address problems SENIOR MANAGERS ANALYSTS SUPERVISORS
  • 11. Information to the Right People at the Right Time SENIOR MANAGERS ANALYSTS SUPERVISORS • Access to specific calls, by agent, aligned with specific initiatives • Better tools for coaching WHAT SUPERVISORS NEED WHAT WE DELIVER • Tie agent performance to corporate goals and objectives • Surfaces calls with issues that require coaching
  • 12. Real Time Speech Analytics: Why This is the Future
  • 13. RTSA: Why do you need it? • First call resolution • Agents have so much to remember • Cost of compliance breaches are costly • Stop missing cross selling opportunities • Do more with less • Gives the agent continues assessment allowing improved performance for them and the business
  • 16. Example – Real Time Assistance Example Collections Call Flow Identification/ Verification Assess Affordability Review Payment Plan Review and recap Compliance Customer Satisfaction Payment Update Account
  • 17. RTSA Summary • Helps agents in an increasingly complex role • Ensures compliance isn’t missed or part completed • Rewards the good, catches the bad, in real time • Maximises each and every call • Adds value to the business with each call • Proven technology in a new application
  • 18. Q&A Paul Wood Noble Systems 0161 772 7100 or 07855 262 390 www.noblesystems.com #NobleSystemsUK

Editor's Notes

  1. Welcome/who know about SA
  2. Ranked #1 North American Outbound Dialing Systems Market Share Leadership Award
  3. Speech Analytics work by Identifying Speech by breaking it into Phonemes process takes each audio file and breaks the audio into phonemes Different to Speech to Text based approach automatic transcription (“speech-to-text”) approaches which use a speech-to-text dictionary. Phonetic-based search is designed for extremely fast searching through vast amounts of media, allowing search for words, phrases, jargon, slang and other words not readily found in a speech-to-text dictionary. Advantages in differentiating languages and Dialects Instead of a language model, Nexidia produces an acoustic model to represent the language’s phonemes. Thus, when you search for a word or phrase using Nexidia’s software, it does not search for the words in a set of transcripts; instead, it searches for the phonemes used to pronounce the words in the acoustic model.
  4. Speech Analytics work by Identifying Speech by breaking it into Phonemes process takes each audio file and breaks the audio into phonemes Different to Speech to Text based approach automatic transcription (“speech-to-text”) approaches which use a speech-to-text dictionary. Phonetic-based search is designed for extremely fast searching through vast amounts of media, allowing search for words, phrases, jargon, slang and other words not readily found in a speech-to-text dictionary. Advantages in differentiating languages and Dialects Instead of a language model, Nexidia produces an acoustic model to represent the language’s phonemes. Thus, when you search for a word or phrase using Nexidia’s software, it does not search for the words in a set of transcripts; instead, it searches for the phonemes used to pronounce the words in the acoustic model.
  5. What does it do for a business (Insight, intelligence, performance)
  6. Benefits of SA
  7. Benefits of SA
  8. Benefits of SA
  9. Benefits of SA
  10. Users create phrases to be detected during a call. These phrases are created using business rules you define. See example of ensuring we are advising customers that calls are recorded
  11. Composer provides actions to alert and inform Agents of information relat ed to the real time phrases. Using Composer Scripting we can then trigger actions that are designed to address to potential issue then and rectify it. Phrases can be given a scoring value against an index for Positivity or Compliance. These scores appear in alerts in Harmony, as well as being tracked in Noble Web Reports:
  12. This needs to be updated for collections and talk about affordability test process and payment plans On screen alerts when an required event has not been performed Change screen when an event has been performed Events can be anything the business needs, campaign by campaign allowing customised workflow for all scenarios Events can be given positivity or compliance rating for real time agent performance scoring Customer satisfaction – treating the customer fairly