About Talkdesk. // 7 Advantages of Call Center Co-Sourcing

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2 About Talkdesk Talkdesk is easy-to-use, cloud-based call center software that helps growing businesses provide excellent customer service with phone support. Talkdesk makes it possible to have real time, personalized conversations with customers, without hardware, coding or downloads - all that is needed is a computer and an Internet connection. With Talkdesk, companies can have a call center up-and-running in minutes and have access to robust call center functionality including IVR, skills-based routing, call conferencing, comprehensive reporting, all in an intuitive web-based interface. Integrations with top business tools and CRM systems, such as Salesforce, Desk.com and Zendesk, make customer data easily accessible, so agents never have to wade through endless systems to provide superior service. For more information, visit TRY TALKDESK FOR FREE // 2

With Talkdesk, companies can have a call center up-and-running in minutes and have access to robust call center functionality including IVR, skills-based routing, call conferencing, comprehensive

3 // 7 Advantages of Call Center Co-Sourcing // table of contents // INTRODUCTION // // Reduced Costs // // Improves Call Quality During Peak Hours // // Decrease Call Abandonment // // Increase Servive Levels // // 24/7/365 Support for a Fraction of the Price // // Ensure Business Continuity // // Increase Customer Satisfaction // 12 CONCLUSION // 13 // 3

08 04 // Increase Servive Levels // 09 05 // 24/7/365 Support for a Fraction of the Price // 10 06

4 // INTRODUCTION // Call center co-sourcing is when a company has some call center agents working in-house and some working for an external service provider. The external service provider oversees the recruiting, hiring, training, staffing and managing of their call center agents as well as the day-to-day operations for which they were contracted. Thus, call center co-sourcing is a lower risk alternative to outsourcing and more cost-effective than maintaining an entire in-house workforce of call center agents [1]. Companies often decide to co-source for strategic (customer segmentation) or operational (call volume uncertainty) reasons, or both [2]. // 4

5 BELOW ARE THE 4 MAIN use cases of co-sourcing: Handle overflow calls - Outsourcing some call center agents to an external service provider in order to handle overflow call volume can be an excellent way to increase customer service and to make sure no customer is left behind. Handle after-hours calls - When you hire an external service provider to provide after-hours support, you can offer round the clock service for a fraction of the price. Disaster recovery - Whether your office is prone to bad weather, power outages and natural disasters or your call center software and computer infrastructure isn t the most reliable, contracting an external service provider to handle calls in the event of an emergency can be an effective way to ensure business continuity. Handle specialized calls - Co-sourcing a specific department (like IT) to an external service provider can be an excellent way to provider amazing support, without breaking the bank. These use cases touch on some of the advantages that co-sourcing call center agents can bring. Below are the top 7 advantages of cosourcing a call center workforce. // 5

$Handle after-hours calls - When you hire an external service provider to provide after-hours support, you can offer round the clock service for a fraction of the price.$

6 01 // REDUCED COSTS Co-sourcing can be a more cost-effective solution to hiring and maintaining an entire call center workforce in-house. It reduces costs associated with staffing a segment of call center agents (as the external service provider handles their own agents). It also reduces infrastructure and overhead costs as external service providers utilize their own call center software, servers and telephony. Finally, it turns a significant fixed cost into a variable cost: skilled labor is there when you need it, and not costing you a pretty penny when you don t. Taken together, these can add up to huge savings and significantly improve your bottom line. // 6

It also reduces infrastructure and overhead costs as external service providers utilize their own call center software, servers and telephony.

7 02 // IMPROVES CALL QUALITY DURING PEAK HOURS Having a staff of excellently trained and knowledgeable off-premise call center agents that can handle calls within a moment s notice can significantly improve service quality during peak hours. Overflow calls can be routed to them, reducing wait times and customer frustration. Additionally, both your in-house agents as well as your outsourced agents won t feel rushed when talking with customers during peak hours as they know there are plenty of qualified agents to field all of the calls that come in. This will dramatically improve the quality of customer service and decrease wait times during peak hours. // 7

Additionally, both your in-house agents as well as your outsourced agents won t feel rushed when talking with customers during peak hours as they know there are

8 03 // DECREASE CALL ABANDONMENT When you contract out your overflow calls to an external service provider, long wait times and high caller abandonment rates will be a thing of the past. Every call will be answered in a timely fashion and your customers will love the expedited service. Never again let a customer slip through the cracks or lose them to long wait times. // 8

past. Every call will be answered in a timely fashion and your customers will love the

9 04 // INCREASE SERVICE LEVELS If service level is a metric you are looking to improve, co-sourcing your call center workforce may be the solution you need. When call volume increases and service level is declining, you can outsource the overflow calls to contracted agents. This will decrease wait time and increase service level. // 9

When call volume increases and service level is declining, you can outsource the

10 05 // 24/7/365 SUPPORT FOR AFRACTION OF THE PRICE Hiring an external service provider to handle calls when your in-house agents aren t working can be an excellent way to provide round the clock service, without having to maintain a 24/7 workforce of in-house agents. External service providers can answer calls after business hours, on the weekends and during holidays. Your staff will appreciate the standard schedule and your customers will love the dedicated service. // 10

11 06 // ENSURE BUSINESS CONTINUITY Hiring an external service provider to handle calls when your call center software goes down, in the event of a disaster or emergency and your in-house agents can t make it into the office, when there is a power outage or when your computers go down can be a cost-effective solution to ensure business continuity. Never again lose a call due to factors that are beyond your control or that you didn t anticipate. // 11

office, when there is a power outage or when your computers go down can be a cost-effective solution to ensure

12 07 // INCREASE CUSTOMER SATISFACTION When you co-source your call center workforce, your agents will be able to more effectively handle peak call volume and can spend more time meeting the customer s needs. You will also lose fewer customers to call abandonment due to long waiting queues and declining service levels. Shorter wait times and better customer service translates into more satisfied customers. // 12

You will also lose fewer customers to call abandonment due to long waiting queues and declining service

13 // CONCLUSION // Co-sourcing can be an extremely effective tactic to enhance customer service, increase efficiency and reduce risk without sacrificing your bottom line. It could be exactly what you need to propel your company ahead of the competition. // 13

reduce risk without sacrificing your bottom line.

14 // REFERENCES // [1] [2] F. Fuhrman. (1999). Co-sourcing: A winning alternative to outsourcing call center operations. Call Center Solutions, 17, (12), Zhou, Y. & J. Ren. (2010). Service outsourcing. University of Washington. Outsourcing.pdf // 14

Call Center Solutions, 17, (12), 100-103. Zhou, Y. & J. Ren. (2010).

15 About Talkdesk Talkdesk is easy-to-use, cloud-based call center software that helps growing businesses provide excellent customer service with phone support. Talkdesk makes it possible to have real time, personalized conversations with customers, without hardware, coding or downloads - all that is needed is a computer and an Internet connection. With Talkdesk, companies can have a call center up-and-running in minutes and have access to robust call center functionality including IVR, skills-based routing, call conferencing, comprehensive reporting, all in an intuitive web-based interface. Integrations with top business tools and CRM systems, such as Salesforce, Desk.com and Zendesk, make customer data easily accessible, so agents never have to wade through endless systems to provide superior service. For more information, visit TRY TALKDESK FOR FREE // 15

About Talkdesk. For more information, visit www.talkdesk.com. TRY TALKDESK FOR FREE // 2. The comprehensive guide to co-sourcing call center agents

About Talkdesk. For more information, visit www.talkdesk.com. TRY TALKDESK FOR FREE // 2. The comprehensive guide to co-sourcing call center agents About Talkdesk Talkdesk is easy-to-use, cloud-based call center software that helps growing businesses provide excellent customer service with phone support. Talkdesk makes it possible to have real time,