Agile speech analytics: a simple and effective way to use speech analytics in contact centres

Similar documents
Speech Analytics. Whitepaper

A free guide for readers of Double Your Business. By Lee Duncan Your Business.com

Reducing Customer Churn

At a recent industry conference, global

7 THINGS YOU NEED TO KNOW BEFORE TRYING GOOGLE ADWORDS

White Paper 8 STEPS TO CLOUD 9. How a hybrid approach can maximise the business value of cloud and what you can do to make it happen

The Forgotten Majority: Nurturing Unknown Prospects

Chapter 3: Approaches to Creating Personas

The Business Owner s Guide to Selecting CRM

Contact Center Analytics Primer

Web applications today are part of every IT operation within an organization.

Frequency Matters. The keys to optimizing send frequency

All can damage or destroy your company s computers along with the data and applications you rely on to run your business.

How to show up in local searches.

Capacity planning with Microsoft System Center

Introduction to Integrated Marketing: Lead Scoring

Call Recording and Speech Analytics Will Transform Your Business:

How to Plan a Successful Load Testing Programme for today s websites

Presentation Title: When Anti-virus Doesn t Cut it: Catching Malware with SIEM

Social Media Monitoring in Fifteen Minutes

What Is Pay Per Click Advertising?

GUIDE TO POSITIONLY. Everything you need to know to start your first SEO campaign with Positionly!

How. How Online Retailers Can Drive Sales With Call Tracking

WHITEPAPER. Text Analytics Beginner s Guide

HOW TO GET STARTED WITH DATA MODELING

Contents. Specialty Answering Service. All rights reserved.

Six Signs. you are ready for BI WHITE PAPER

Whitepaper. Cloud Cover. A HR and Payroll Professional s Guide to Cloud Computing

BUILDING TRUST & LOYALTY Differentiate your service using Live Chat in financial services

Business Intelligence for the Mid-Size Industry

DIGITAL MARKETING 101:

Customer Relationship Management Submitted in partial fulfillment of the requirement for the award of degree Of MBA

Pay per Click Success 5 Easy Ways to Grow Sales and Lower Costs

How to Generate More Customers via Your Website

ADVANTAGES OF CLOUD ULTRA AN ULTRA COMMUNICATIONS WHITEPAPER CLOUD CONTACT CENTRE SOLUTIONS COMMUNICATIONS (0)

Keyword Research: Exactly what cash buyers, motivated sellers, and private lenders are looking for online. (and how to get in front of them)

5 costly mistakes you should avoid when developing new products

For More Free Marketing Information, Tips & Advice, visit

The 10 Keys to Simple, Strategic Compensation Planning How To Get the Right Compensation Management Solution by asking the Right 10 Questions

Ahead of the game. A disenchanted high school student becomes an educator on a missionto make learning fun and engaging

RESEARCH NOTE NETSUITE S IMPACT ON E-COMMERCE COMPANIES

LEADS BY THE PAPERLESS AGENT HOW TO TURN ONLINE SELLER LEADS INTO COMMISSIONS

\ guide. Marketing Software. Buying Signals. Social Search Publicity. Visit us at

ABSTRACT Speech and Text Analytics Product and Market Report

Research says that 71% of marketing leads are getting wasted every day. Why?

Ensuring security the last barrier to Cloud adoption

LETS CHAT ABOUT IT A guide to successfully using Live Chat in your organisation

Business White Paper. Multichannel ROI. March, 2011 Todd Samalin Sales Engineer

What Makes Good Fraud Management Software? 9 Questions for Tal Eisner of cvidya

Coaching your inside sales team to improve online lead conversion

Unbreak ITSM: Work the Way People Do

Improve Your Marketing Subject Lines

CONTACT CENTER 09: Five Steps to a Lean, Customer-Centric Service Organization

customer care solutions

Driving Customer Experience Excellency: 360 Degree Voice of Customers Analytics. Tan Meng Teck Head of Contact Center Solution Sales Avaya APAC

Intelligent Contact Management with. Flexible cloud services from VoltDelta. Contact centre Self service Customer insight

True Stories of Customer Service ROI: The real-world benefits of Zendesk

Driving Customer Loyalty in the Contact Center

Keywords the Most Important Item in SEO

EMPLOYING BUSINESS ANALYTICS TO ACHIEVE BETTER SALES RESULTS FOR YOUR LEGAL FIRM

Why Alerts Suck and Monitoring Solutions need to become Smarter

The Guide to: Marketing Analytics"

Everything you need to know about CRM. White Paper. The Essential Guide to CRM. What you need to know about Customer Relationship Management

White paper. 8 plays. To deliver an integrated customer service experience. On Break Free min Busy. Average Handle Time

Analytics over the last few years has changed a good bit. There are a good many free tools that are available, pretty painless to implement.

Using SQL Monitor at Interactive Intelligence

Grow your Business with our advanced Call Tracking services

Performance Reviews. Maximizing the Effectiveness of a Powerful Business Tool 1/11. [close]

How Smart benefits you

3 Hands-on Techniques for Managing Operational Change in HRIS Projects

T he complete guide to SaaS metrics

syntec.co.uk Cloud services for efficiency & customer service

DEFINITELY. GAME CHANGER? EVOLUTION? Big Data

customer interaction solutions Contact Centres that Enhance Customer Engagement

Deduplication as security issue in cloud services, and its representation in Terms of Service Agreements

Marketing is Dead Unless it s Intelligent

Point-Of-Sale Research Worksheet

The. The Marketing Agency s Guide to Call Tracking

TOP TIPS TO MAKE , CHAT AND MOBILE CUSTOMER SERVICE COST-EFFECTIVE AND RESPONSIVE

customer care solutions

Strengthening operations, driving margin expansion & cutting costs with cloud communications

5Ways. to Put Your CRM Data to Work. for You and Your Customers

Brought to you by:

Overcoming Obstacles to Retail Supply Chain Efficiency and Vendor Compliance

Automated quality assurance for contact centers

Before you start buying media you need to do some research. There are a couple parts of this, demographic research and competitive analysis

Meeting the Challenge of Big Data Log Management: Sumo Logic s Real-Time Forensics and Push Analytics

Advanced analytics key component for decision management systems

The Connected CFO a company s secret silver bullet?

The 9 Ugliest Mistakes Made with Data Backup and How to Avoid Them

Number One Agent in Properties Sold: Script #1

Putting Critical Applications in the Public Cloud. The Very Latest Best Practices & Methodologies

VersaDev Versa SRS Help Desk

Software Outsourcing - Software Development. info@westtownwebservices.com

SPECIAL REPORT: 4 BIG REASONS YOU CAN T AFFORD TO IGNORE BUSINESS CREDIT!

The 7 REASONS Why Internet Lead Generation For Small Business FAILS

15 Reasons to use Professional Web Developers

Business Success Blueprints Choosing and using a CRM

Inbound Marketing: Best Practices

Marketing Online: How to Get Found, Generate Leads, and Convert Customers

Transcription:

Agile speech analytics: a simple and effective way to use speech analytics in contact centres Whitepaper

Contact centres have successfully used speech analytics to help reduce avoidable calls, improve self-service facilities, ensure compliance to contracts and regulations, increase sales and improve targeting of staff training. Impressions that a speech analytics tool is too expensive for most contact centres to consider, or that speech analytics won t be useful without building a massive infrastructure, are no longer accurate. Speech analytics has become a viable tool for all but the smallest contact centres. Contact centres can get very good results by using speech analytics in three distinct roles: classifying customer demand, as a tool for investigating opportunities and to automatically monitor call traffic. What follows is an overview of how a contact centre can deploy speech analytics cost effectively to develop powerful intelligence about what is happening in their contact centres. 1 Essential Elements of Success Successful IT deployments always have some essential ingredients: A clear goal The right technology The right people The right processes A way to measure progress and success 2 A Clear Goal The ability to automatically check every single phone conversation for meaning is enormously powerful. As mentioned already, contact centres have used speech analytics to help them reduce avoidable calls, see how they can improve self-service facilities, help their QA teams to ensure compliance to regulations, identify ways to increase sales and improve targeting of staff training. However, with so many possible benefits there is a danger that no single target gets enough priority and focus. As any hunter will tell you, that s a sure way to miss all targets. To avoid this pitfall a speech analytics project should start with clear initial goals. These goals can be expanded upon as each goal is attained, and experience grows, but the temptation to load a project with too many objectives from the outset must be avoided. So, with such a new and powerful technology, what should a contact centre expect to achieve? A starting place: A good place to start a speech analytics project is Demand Analysis : i.e. being able to classify why people are calling for 90%-95% of handled calls.

Demand analysis may sound like an easy objective, but it s amazing what opportunities surface when this exercise is performed. Why 90%-95%? With phonetics-based speech analytics the analyst classifies calls using expected words and phrases. The classification percentage is a good way to check that the analyst has used relevant search terms and that a group of calls has been properly classified. There will always be a small percentage of calls that don t fit any specific category but this should be around the 5% mark. If the volume of unclassified calls starts growing, it s a signal that the analyst needs to re-examine the database and update the search terms to see what new topics are being discussed. Next question: As mentioned, it s often amazing to learn why customers are calling. Managers may know that the Technical Support option on the IVR gets a lot of calls, but how much more powerful is it when they can see that 50% of Technical Support calls are related to Password Reset? And what about when it turns out that 90% of Password Reset requests are caused after the customer already tried to do this on the website. Clearly that is information that the website administrators can use to both improve customer satisfaction and reduce the workload in the contact centre. Once a clear map of customer demand has been created, the next powerful question might be For each area of demand, how many calls are service requests best handled in this contact centre, how many are calls the customer and we would prefer not to happen, and how many might in fact be moved to our self service platform? These are very simple questions that provide very powerful information that can be the starting point for significant return on investment. 3 The right technology The various speech analytics technology options are described in more detail in an ASC white paper http://www.asctelecomuk.com/english/wp_speech- Analytics_order.html. Speech analytics technology can be considered to fall roughly into three types: Key Word Spotting (KWS), phonetic based analytics (PBA) and what we ll refer to here as transcription based analytics (TBA). In a nutshell both KWS and PBA process voice recordings using phonetics, which are the sounds made in conversations that can then be searched for known words. Advantages: Very fast can even be used in real time to flag issues during calls and doesn t require much computing power. Once calls have been indexed, they can be searched very quickly again and again for words and phrases.

Disadvantages: Won t automatically present analysts with a transcription of a conversation or a word cloud to search for clues. Instead the analyst will have to have some idea of what they are searching for. Transcription Based Analytics (TBA) converts conversational speech to text, using massive computing power and large reference dictionaries, so that in addition to spotting known words and phrases new words, phrases and meaning can be detected too. Advantages: TBA automatically creates a text version of the phone call, which can be viewed and analysed. That can be very powerful when trying to get to the root cause of issues. TBA can also automatically alert analysts to new topics that haven t been spotted before. Disadvantages: TBA requires substantial processing power, so it requires quite a large investment in technology and hardware. It also requires substantial effort to train the system and to maintain the dictionaries. ASC offers all types of speech analytics technology, depending on the needs of the customer, but keeping the pros and cons of both technologies in mind, the reader won t be surprised to learn that an agile analytics approach favours the phoneticsbased approaches. But where will the analyst start without transcriptions to tell them what words are being used? In a known business environment like a contact centre, where a lot of information about customer behavior already exists just ask the people talking to customers - the cost and speed advantages of PBA outweigh any disadvantage of needing some clues to get started with the analysis. How to do start an analysis will be discussed later in Process section of this paper. 4 The right people Speech analytics is a tool, not unlike a spreadsheet, and to be useful it needs someone to apply it. Somebody must be able to use the tool, and somebody must act on the information it generates. Monitoring Mode: An important job that is done well by speech analytics is that of monitoring and reporting on call volumes that fall into pre-defined categories. This is very useful for spotting spikes in a type of call and reacting accordingly, and for noticing when un-classified calls start to increase: an indicator of new topics being discussed. It s also very important for measuring the impact of operational changes: Now that the website has been fixed, have calls about Password Resets reduced? In this monitoring role the speech analytics tool might only require periodic checking and administration, and supervisors and managers can often use the reports during the course of the day and week.

Investigations: What happens when a spike in calls is detected? Or the number of un-classified calls suddenly increases? Or a manager wants answers to a specific question? Investigations into specific questions can be as quick as a few hours of work, or can take longer. One of the biggest challenges for smaller operations is finding someone with enough time to investigate and classify calls, and even to get to the root cause of issues. If your contact centre is lucky enough to have someone to do this type of work, make sure you take advantage of him or her! If not, there is now a lot of help available from vendors and consultants who can add great value to your operation. This area is highlighted here to ensure it is taken into consideration as an essential element in any successful deployment of speech analytics or any information technology for that matter. 5 The right process Designing a process is as simple as asking some simple questions: What are we trying to achieve? How does this stuff work? Who does what? What will we do with the information? With clear goals, the right technology and the right people on hand, these questions will be answered pretty quickly. What is most important is that some thought be given to how a speech analytics tool will be used in a given environment. The following is an illustration of one approach to understanding customer demand. Start: As mentioned, one of the main disadvantages of phonetics based analytics (PBA) is that the analyst is not presented with transcriptions or word clouds to analyse. Instead the analyst must find a starting point. There are many ways this might occur. Here are three. A question is posed. A question might take the form of a spike in call volumes, a change in the customer demand map or a query from a supervisor or manager. Any of these events poses a question with a known starting point that the analyst can then explore. Listen to calls. Faced with 20,000 calls to analyse, and no real starting point, the analyst can simply listen to some calls make notes about what is going on in the calls, and start classifying calls from there. This can be time consuming, but at least it works quite well even if the analyst has little experience of the contact centre or is new to using speech analytics. For more experienced users the next option is often more interesting. Take a guess. Not a complete guess of course! The speed of searching and returning results in a PBA tool is fast enough to allow an analyst to make educated guesses around the types of calls being handled, and to test, expand and improve the guesses very quickly. In the same time it might take

to listen to a few hundred calls and skilled and educated guesser will make great progress in classifying a group of calls. Improve: Searching for words and phrases in a phonetic index is quick, and thanks to Google many users have already learnt how to build search terms. This means an analyst can repeat the test-improve-test-improve process many times. It s very useful to understand the environment being analysed, and to have a good ear for the language that people use. This step also involves listening to some of the calls identified to build up a picture of the various ways customers will describe the same thing. Check #1 Unclassified Calls: Once call classification takes place, a key statistic to check is the ratio of classified and unclassified calls. This is how the analyst knows that they have covered the ground properly. If, for example, 30% of calls in a group are unclassified then the search terms used so far by the analyst don t match any words in those calls and some other topics must be found. Check #2 False Positives: Once an analyst believes a group has been classified thoroughly, it s important to check for false positives : instances where the search words occur in a call but not necessarily in the correct context. With PBA false positives are inevitable, but their impact can usually be minimised. Checking a class of calls to quantify the false positives requires listening to a representative sample of the calls and counting hits and misses. Thankfully the speech analytics tool marks the location of words and phrases in each call, so this doesn t involve listening to the entire call. This is an important part of the process. Speech analytics, as used in this Agile Analytics approach, points investigators towards opportunities by counting how many calls fall into certain categories. Taking advantage of those opportunities to improve customer experience, reduce costs or increase revenue requires good old-fashioned human intelligence to nail down exactly why so many calls are falling into a certain category, and what should be done about it. So the next step in our process is that of investigating. Investigate: Once an analyst has discovered that a significant number of phone calls are about a particular issue, the next step is to find out why. Here the speech analytics search function can help to quickly prove or disprove a theory. For example; A spike in technical call numbers leads an analyst to the fact that a lot of technical support calls are suddenly about Password Resets. They wonder why people didn t use the automated password reset function on the website, so they search for website, web, web page, internet. A lot of the calls contain these words, so they listen to a few, and learn that many people did try to use the web site function but with no success. Now that the location of the problem has been identified (its up to the web administrator to take it from here) the analyst expands the search to calls earlier in the week and sees that the growth in calls mentioning Password and website started on Saturday morning.

There s a good chance that the website software was updated on Friday night! Bonus question: A curious analyst might also check why people are resetting their passwords in the first place. Is this level of activity normal, or has the company done something to cause people who obviously don t use their online accounts too much to want to log on? Monitor: Once customer demand has been classified, phonetics based speech analytics is a powerful tool for keeping track of trends. Building on the example above, once the web administrator has been notified of a problem speech analytics can continue to monitor the technical support traffic to confirm that customers are no longer calling about that issue. Once PBA is incorporated into day-to-day operations, this monitoring role can help contact centre management stay on top of issue that could otherwise grow into serious problems. 6 Measuring Progress & Success Talking about using speech analytics to monitor call traffic brings us to an important part of any project: how to measure project progress and success. In addition to providing contact centres with the ability to investigate why customers are calling them, speech analytics also provides them with the ability to directly measure the impact of any changes they make but continuing to classify and count types of incoming calls. As it happens, this is one of the real strengths of speech analytics: the simple ability to automatically classify and count types of calls. This might not seem very important, but being able to do this without asking people to sit for days listening to hundreds of calls is the difference between doing it whenever its needed, and never doing it at all. It s the difference between basing decisions on people s opinions and gut feel, and basing them on hard verifiable facts. And it s the difference between believing that a change has had a good impact, and actually measuring that impact and putting a value on it. 7 To Conclude Whether providing customer service or selling, being able to classify, and to constantly monitor, what customers are saying very powerful. The key to getting good value out of technology is often to focus on a single capability and then to build a process around that feature. In the case of speech analytics, great benefit can be realised by simply using it as a counter. By using it to count how many calls fit certain categories, a contact centre can quickly get a picture of customer demands, understand what drives customers to

the contact centre in the first place, and keep a constant lookout for changes in customers conversations. One person, equipped with a speech analytics tool, can now turn the contact centre into a very powerful and responsive source of business intelligence for the whole company. About ASC ASC transforms contact centres into a vital and valuable source of information for the entire enterprise. The modern contact centre is where customers tell companies what they like, and don t, what they ll buy, what they won t and why. ASC gets this invaluable information to leaders quickly and efficiently. This in turn enables leaders to continuously and sustainably drive operational performance across the whole enterprise to improve loyalty, reputation and revenues. Lets talk! ASC telecom UK Ltd 01276 676060 info@asctelecomuk.com