article thumbnail

Guide to Interpreting Call Center Analytics

Fonolo

According to Statista, there were over 175 billion customer service calls in the US in 2020. First call resolution rate: The percentage of calls that are resolved on the first call. Average speed of answer: The average time it takes for an agent to answer a call.

article thumbnail

7 Key Indicators Your MSP Call Center Needs a Revolutionary Shift

Hodusoft

Service Level Agreement (SLA) Compliance Meeting SLAs and response time commitments is crucial for customer satisfaction. Security Concerns After 2020, cyberattacks on MSPs have increased leaps and bounds, reports suggest. For MSPs, the acceptable abandonment rate is between five and eight percent.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Ways COVID Changed Remote Call Center Technology Forever

Fonolo

By the end of 2020, 71% of employed adults were working from home. This resulted in long customer wait times, high abandon rates, and stress for both customers and agents. Soon, businesses realized they didn’t need to spend money on rent to operate with the right tools and infrastructure.

article thumbnail

“Free”: The True Costs of Knowledge Based Authentication Questions?

pindrop

However, despite the customer dissatisfaction, delays, longer wait times, and ongoing data breaches, KBAs do continue to persist and are still one of the more prevalent forms of consumer identity and verification. The abandonment rate has increased from 5.4% Why is this so? in 2012 to 6.1% appeared first on Pindrop.

article thumbnail

Contact Center Trends 2021: The CX Watershed

Fonolo

After assessing how the pandemic had changed the call center in 2020 , we decided to peek over the parapet at 2021. Nobody escaped the long lines and endless waiting times. “If 2020 has taught us anything, it’s that people need human connection and clear communication. Contact Center Trends 2020.

article thumbnail

How Helpful Contact Center Software is for the Healthcare Sector in the Time of Covid-19 Pandemic?

Hodusoft

According to Gartner , over 40% of customer service and support leaders experienced increased service contact volumes compared to original 2020 projections due to the pandemic. . A McKinsey study found that by April 2020, telehealth utilization for outpatient care grew over 78 times from February 2020.

article thumbnail

6 Top Chatbot Examples: AI Customer Service Bots in Action

Comm100

Cutting wait time, reducing operational costs, and improving conversions are just some of the customer service superpowers already enabled by AI. Let’s explore the top 6 chatbot examples of 2020. Next time an agent gets this question, the answer will be surfaced automatically for them. Industry: Banking and finance.