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Written by Vaishakh KPNovember 19, 2024 Customer support teams often face surges in inquiries that can overwhelm human agents, leading to longer wait times and customer frustration, with potential harm to brand reputation. Managing concurrent calls multiple incoming calls at the same time poses a particular challenge, as agents can only handle one call each. High
Written by Shivam SaxenaNovember 15, 2024 First Call Resolution (FCR) is a key metric that directly impacts customer satisfaction, operational efficiency, and cost savings. Traditionally, human agents have handled customer inquiries, but with the advent of Generative AI (Gen AI) and Small Language Models (SLMs), banks can now achieve unprecedented FCR rates. By training AI systems
Written by Shivam SaxenaNovember 13, 2024 The Challenge: Keeping Pace in a Competitive Landscape Customers expect exceptional service—fast, personalized, and secure. Traditional customer service models simply can’t keep up. For financial institutions in the BFSI sector, staying ahead means embracing AI-driven automation to boost customer satisfaction. This approach translates to streamlined operations, a superior customer experience
Written by Vaishakh KPNovember 13, 2024 As financial institutions explore AI-driven technologies, understanding the return on investment (ROI) becomes essential. Artificial intelligence (AI) can streamline operations, enhance customer experience, and reduce costs, but to truly assess its impact, organizations need to evaluate specific metrics. In this blog, we’ll cover the essential metrics for measuring the ROI
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