SmartAction

MARCH 18, 2019

These omnichannel solutions are known as AI-powered virtual agents. What is an AI-powered virtual agent? At the most basic level, an AI-powered virtual agent can do many things that a live agent can do. By doing so, companies upskill their live agents to do only what a human should do.

Virtual Agent 66

Virtual Agent Interactive Voice Response APIs Contact Center 66

TechSee

FEBRUARY 19, 2024

LLM-powered virtual assistants, chatbots, and virtual agents promise to become the new faces of customer experience automation. This could be by automating common tasks performed by agents, or by augmenting agent knowledge and training with virtual agent assistants.

Virtual Agent 124

Virtual Agent Chatbots Enterprise Wait times 124

Xaqt

JUNE 1, 2020

All the while, Virtual Agents and Robotic Process Automation (RPA) threaten to eliminate much of the human capabilities that outsources have built their business on. Amazon, Google, Microsoft) and well-funded start-ups are selling the value proposition of bots, virtual agents and AI to their enterprise customers.

Virtual Agent 52

Virtual Agent outsourcing Call Center Real estate 52

SmartAction

APRIL 24, 2019

This combination has led to the growing adoption of AI-powered virtual agents to automate conversations traditionally handed by live agents. Best Practice #2: Virtual agents need “guardrails”. There is a fine line between what should be automated by conversational AI and what should be transferred to live agents.

Virtual Agent 46

Virtual Agent Self service Best practices Chatbots 46

SmartAction

OCTOBER 2, 2018

Electrolux, the 2nd largest home appliance manufacturer in the world who sells under a variety of brand names worldwide like Frigidaire and AEG, made the transformation to AI-powered virtual agents six months ago to automate more in their contact center. 14% of callers request a live agent transfer. Product Authentication.

Virtual Agent 47

Virtual Agent Average Handle Time Contact Center outsourcing 47

SmartAction

FEBRUARY 21, 2020

Fabletics leverages a Virtual Agent to interact with their customers every time you call them. In this case, we also know from the data in her account that she was recently charged a specific amount, so we ask if this is the transaction about which she’s calling. Keep it Conversational.

Virtual Agent 55

Virtual Agent Self service Best practices Enterprise 55

NICE inContact

DECEMBER 10, 2018

Not to mention, technology constraints can sometimes make it difficult to improve the agent experience. Imagine if you had a pool of AI-powered virtual agents in addition to your live agents. You can now optimize your human resources in new ways and challenge them to be better agents.

Virtual Agent 48

Virtual Agent Contact Center Accountability Technology 48

SmartAction

DECEMBER 8, 2023

The Beginning of a Transformation Alex’s journey began with a simple yet powerful idea: automating routine tasks with conversational AI virtual agents. This technology swiftly took over mundane inquiries like account balance checks or basic troubleshooting reducing routine call volumes by 35%. It was a game-changer.

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Virtual Agent Contact Center Upselling Interactive Voice Response 77

SmartAction

NOVEMBER 22, 2023

Conversational AI helps them out of what seems to be an endless cycle of button pressing and voice prompts to connect them immediately with a virtual agent. It can verify new accounts, take payment information, provide technical support, automate routine tasks with human assistance, and more. Collaborate.

Contact Center 88

Contact Center Interactive Voice Response Virtual Agent Management 88

SmartAction

JANUARY 25, 2019

This newly acquired accuracy means that call center virtual assistant solutions are now demonstrating their true power in a variety of interesting and beneficial ways. Here’s how two innovative companies are using AI-powered virtual agents to automate more in their contact centers. Results: Saved $1.1

Virtual Agent 44

Virtual Agent Self service Healthcare Contact Center 44

Creative Virtual

FEBRUARY 7, 2023

The recommendation was based on a recent product search and comparison I had done while logged into my account, so in that way it was personalized. For nearly a decade now, we’ve talked about our virtual agents and chatbots delivering a personalized self-service experience – with no marketing spin required!

Personalization 105

Personalization Virtual Agent Chatbots Self service 105

SmartAction

JANUARY 28, 2019

AI-powered virtual agents present significant potential to improve the customer experience (CX) in the contact center. Automate More with AI-Powered Virtual Agents. Frost & Sullivan recommends following the blueprint of smart companies that are using AI-powered virtual agents.

Virtual Agent 48

Virtual Agent Interactive Voice Response Self service Contact Center 48

SmartAction

FEBRUARY 20, 2024

Enhanced by AI, virtual agents can now offer warm receptions and open dialogue to customers. Financial Services Account Management: Revolutionizing Customer Experience The introduction of voice automation in account management has marked a new chapter in banking efficiency.

Banking 72

Banking Self service Virtual Agent APIs 72

SmartAction

NOVEMBER 15, 2023

Underpinned by state-of-the-art technology, you can now have a conversation with virtual agents who will understand customer needs and address them quickly. AI-Powered Chatbots AI-driven chatbots have evolved into sophisticated virtual assistants. Or is it something else?”

Self service 97

Self service Virtual Agent Chatbots Analytics 97

3CLogic

JANUARY 24, 2024

Sharing your data with yet another platform is a reasonable concern, but the risks can be effectively reduced by taking data-sharing restrictions into account. By keeping sensitive information securely stored, and de-identifying details such as bank account or credit card information, customer information is kept safe.

Contact Center 64

Contact Center Virtual Agent Self service CRM 64

SmartAction

DECEMBER 12, 2023

With Quality Innovation, Steadfast Positivity, Genuine Grit, Empathic Concern, and Tenacious Accountability, we are not just redefining our goals but also how we achieve them. We aim to revolutionize customer interactions, liberating brands from outdated service models and setting new standards of excellence.

industry standards 76

industry standards Customer Service Automotive Virtual Agent 76

SmartAction

APRIL 4, 2023

Virtual agents have now achieved Complex Voice capabilities. When you call your bank, the virtual agentcan answer the question, “What are my refinance options?” When you call a retailer, the virtual agent can engage in a Complex Voice discussion involving various fashion options.

Virtual Agent 85

Virtual Agent Chatbots Self service Banking 85

TechSee

OCTOBER 9, 2018

According to Accenture , Millennials have overtaken Baby Boomers as the largest consumer demographic, expected to account for 30% of retail sales — that’s $1.4 AI-powered virtual agents. Numbering about two billion, they carry strong influence, both in sociocultural and economic ways. Personalization. Know your customer.

Customer Service 359

Customer Service Self service Virtual Agent Chatbots 359

Creative Virtual

OCTOBER 6, 2022

By Maria Ward, Account Manager & Knowledgebase Engineer. They are an international company and became interested in exploring ways they could leverage their successful English-speaking virtual agent in other countries. Here’s how it works: The customer enters their question in German in the virtual agent.

Virtual Agent 64

Virtual Agent Customer Service Engineering Self service 64

SmartAction

MAY 23, 2023

FORT WORTH, Texas, May 23, 2023 /PRNewswire/ — SmartAction , a top-tier AI platform provider specializing in advanced Intelligent Virtual Agents (IVA) and conversational AI solutions, is proud to announce the successful closing of a new round of funding.

Real estate 82

Real estate Virtual Agent B2B Contact Center 82

SmartAction

JUNE 9, 2023

Some notable examples include: Chatbots : Chatbots are AI-powered virtual agents, built in-house or by third-party vendors , that engage in text-based conversations with users. Chatbots and virtual agents may provide irrelevant or inaccurate responses. They are widely used in customer support, providing 24/7 assistance.

Virtual Agent 72

Virtual Agent Chatbots Self service Feedback 72

Outsource Consultants

FEBRUARY 21, 2024

Intelligent Virtual Agents (IVAs): These dynamic conversationalists guide customers through self-service options, making the process smoother and more intuitive. Think of them explaining various return policies or helping navigate complex account settings.

Call Center 67

Call Center Virtual Agent Morale Chatbots 67

AWS Machine Learning

FEBRUARY 6, 2023

To support WaFd’s vision, Talkdesk has extended its self-service virtual agent voice and chat capabilities with an integration with Amazon Lex and Amazon Polly. Tasks like account balance lookups are completed in seconds, a 90% reduction in time compared to WaFd’s legacy system.

Cloud contact 69

Cloud contact Self service Contact Center Virtual Agent 69

Netomi

SEPTEMBER 1, 2022

AI-powered virtual assistants play an integral role in retail interactions that span the entire shopping journey. Handling the bulk of high-volume repeatable queries, such as those related to order status and account information, and escalating more complex requests to human agents, is an area where digital assistants shine.

Virtual Agent 105

Virtual Agent CRM Accountability Customer retention 105

Creative Virtual

SEPTEMBER 22, 2022

Having worked in the virtual agent and chatbot field since 2000, I’ve experienced first-hand how these solutions and technologies have changed. The virtual agents of today are certainly not the same as those I was working on 20 years ago. Most recently, the industry has adopted the name of ‘conversational AI’.

Chatbots 52

Chatbots Virtual Agent Engineering Technology 52

SmartAction

MARCH 7, 2023

These actions might include updating a particular communication point or proactively reaching out to a customer, informing them about their account, a transaction or other notification. This intelligence prompts recommendations for actions that companies can take.

Multichannel 82

Multichannel Virtual Agent Self service Accountability 82

NICE inContact

MAY 11, 2021

Imagine the additional productivity you can get from your agents if they aren’t chasing down account balances or processing payments? The reality is, bots and virtual agents will be a complement to their human counterparts, not a replacement.

Chatbots 62

Chatbots Virtual Agent Contact Center Accountability 62

Interactions

JANUARY 20, 2022

Not only do those in Account Receivables Management (ARM) have to adhere to an ever-expanding series of regulatory guidance, but they have to be aware of how consumers perceive the effort to collect debt to begin with. Meanwhile, another survey found that 44% of consumers preferred making a payment on an overdue debt through a virtual agent.

Virtual Agent 125

Virtual Agent Government Surveys Technology 125

Creative Virtual

JANUARY 13, 2022

For years automated self-service tools like chatbots and virtual agents have been criticised as being a cold and impersonal way of supporting customers. Many companies have found their virtual agent solutions to be a lifesaver for both their customers and their business over that time.

Virtual Agent 52

Virtual Agent Self service Chatbots Accountability 52

UJET

DECEMBER 17, 2020

If the speech engine is still having trouble understanding the caller, the auto-attendant may connect them with a human agent or ask the customer if they would prefer to converse in their native language. An NLP-powered virtual agent understands the semantics and context of keywords to respond more efficiently to mobile customer questions.

Virtual Agent 72

Virtual Agent Interactive Voice Response Chatbots Engineering 72

UJET

DECEMBER 17, 2020

If the speech engine is still having trouble understanding the caller, the auto-attendant may connect them with a human agent or ask the customer if they would prefer to converse in their native language. An NLP-powered virtual agent understands the semantics and context of keywords to respond more efficiently to mobile customer questions.

Virtual Agent 72

Virtual Agent Interactive Voice Response Chatbots Engineering 72

Interactions

JANUARY 20, 2022

Not only do those in Account Receivables Management (ARM) have to adhere to an ever-expanding series of regulatory guidance, but they have to be aware of how consumers perceive the effort to collect debt to begin with. Meanwhile, another survey found that 44% of consumers preferred making a payment on an overdue debt through a virtual agent.

Virtual Agent 118

Virtual Agent Government Surveys Technology 118

SmartAction

APRIL 15, 2019

This combination has led to the growing adoption of AI-powered virtual agents to automate conversations traditionally handled by live agents. Best Practice #1: Identify the Perfect Call Types & Chats for AI-Powered Virtual Agents. Automate More with Virtual Agents.

Self service 57

Self service Virtual Agent Interactive Voice Response Best practices 57

Interactions

SEPTEMBER 2, 2021

Paired with the fact that customers need immediate access to their accounts, this creates a difficult balance between accessibility and security. . At any time of day, customers can leverage the technology to do whatever task they need–from setting up an account and resetting a password, to transfers and loan servicing.

Banking 62

Banking Virtual Agent Self service Wait times 62

SmartAction

MAY 6, 2019

This combination has led to the growing adoption of AI-powered virtual agents to automate conversations traditionally handed by live agents. Artificial Intelligence thrives on data, and virtual agents powered by Conversational AI are no different. Best Practice #3: AI Without Data is Like a Race Car Without Fuel.

Self service 44

Self service Virtual Agent Best practices Contact Center 44

Interactions

APRIL 14, 2021

The agent on the other side of the communication should understand that the debtor is going through a hard time and they want to figure out how to get out of the mess. Simplicity : Sometimes a virtual agent is the fastest and most accurate solution to resolve the customer’s problems. 3) Compliance.

Virtual Agent 90

Virtual Agent Call flow Call Center Finance 90

SmartAction

MAY 6, 2019

This combination has led to the growing adoption of AI-powered virtual agents to automate conversations traditionally handed by live agents. Artificial Intelligence thrives on data, and virtual agents powered by Conversational AI are no different. Best Practice #3: AI Without Data is Like a Race Car Without Fuel.

Self service 40

Self service Virtual Agent Best practices Contact Center 40