Inbound IVR Functionality that Your Contact Center Needs

Top tips for evaluating your current IVR functionality and thinking about how to make significant improvements to it in the future

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The inbound IVR functionality you need to succeed

More contact centers are experiencing a big uptick in call volume and hold times, with fewer overall agents available to take those calls, primarily due to the increased pressure brought upon by COVID-19. It’s more important than ever to think about improving your current inbound Interactive Voice Responder (IVR) functionality. 

Today in this post, we’re going to look at the functionality you need to keep pace with the changing environment, and to supercharge the way you do inbound. Below are our top recommendations, tips, and watch-outs for evaluating your current functionality, and most importantly, for thinking about how to make significant improvements in the future. But first, let’s talk a bit about why an effective IVR system is so important. 

Call center IVR can provide convenient self-service

Why functionality matters 

Improved contact center metrics

The most successful contact centers are those that never stop optimizing. A smart IVR phone system helps you fine-tune your call center metrics in numerous ways: self-service options help customers resolve issues on their own, lowering wait times. The ability to request a call back helps smooth out volume spikes and maximizes agent productivity during less busy hours. Speech analytics allow callers to speak naturally and get routed to the best outcome, improving their experience. 

More personalized self-service options

Self-service tools are great. Personalized self-service tools are exponentially better. By drawing upon data in your CRM, you can offer IVR menu options that are tailored to your customers’ specific profiles. And, by supplementing the system with AI speech analysis capabilities, you can create a self-service experience that feels like talking with a real agent. 

Better customer insights

It’s impossible to create the best customer experience without first being able to measure the one you have. This requires continuous monitoring of what’s happening between your customers and agents. An effective IVR system makes it easy to get a real-time understanding of your call flows, wait times, resolution times, top support requests and more so you can immediately take the necessary steps to improve them. 

Stronger brand image

It’s not an exaggeration to say that your voice response system can make or break a customer’s satisfaction level with the interaction. A clunky, unintuitive IVR system leads to a frustrating experience, which dings your brand image, while a smooth and seamless experience can cement a positive brand association that lasts well beyond that single interaction. 

Legacy IVR vs. modern IVR

You’re probably familiar with interactive voice response systems, which sort incoming calls and route them to the most appropriate resource. However, IVR systems have changed a lot in recent years, and it’s important to understand the differences between legacy systems and those that are part of the latest contact center technologies. 

A legacy IVR system is one-dimensional–pressing one leads to option one, pressing two leads to option two, and so forth. While legacy IVR systems get the job done to an extent, they can be frustrating for customers who are calling with an issue that’s not immediately addressed by the system’s limited set of options. What’s more, older systems don’t offer the intuitive features that modern call center software affords, like voice recognition technology that gives customers an open-ended prompt to address any issue. 

Modern IVR systems, on the other hand, make use of the latest technology to personalize the customer’s experience and offer the fastest routing to the best possible resource, resulting in a better customer experience. Because they’re so good at determining why the customer is calling and what the most appropriate course of action is, they can be incredibly effective at improving your operational efficiency. And, because more calls become self-serviceable, you can handle the same number of calls with fewer agents, which helps reduce costs. 

Even with the latest and greatest IVR technology, all of the above results can only be achieved with thoughtfully created phone menus and intelligent routing logic that gets customers where they want to go as fast as possible. 

Contact center IVR helps route callers to the most appropriate resource

Leave legacy IVRs in the dust

How are you currently optimizing customer self-service and call routing? Let’s back up a second—ARE you currently optimizing what you offer to customers? If not, you’re missing out on an opportunity to maximize each customer call opportunity. And if you’re operating with a traditional IVR system, it’s time to consider evolving to something more advanced.

Today’s customers demand faster resolution, intuitive self-service, and personalized experiences. Legacy IVR systems have not kept pace with modern IVR technologies, resulting in confusing IVR menus that make self-service difficult and force customers to wait in long queues to talk to an agent. Far worse, often these customers are routed to agents without the right skill sets or agents who don’t have access to customer contact history to resolve issues faster.

Think about implementing an advanced IVR system to take advantage of every contact you have with a customer. A system like this should offer a multitude of easy-to-use modules that you can configure across the entire customer journey in a multichannel environment. In addition, you’ll want access to unified customer data from a CRM (ideally fully integrated), to enable extended self-service and intelligent routing. This way, customer information captured during IVR interactions can be seamlessly presented on agent screens upon connection to help your agents serve customers faster and more effectively.

Especially in a work-from-home environment, it pays to have the most advanced, most powerful IVR platform possible, in order to maximize agent efficiency and minimize downtime.

Get smarter about self-service

How intuitive is your current IVR system? Ideally, you want a platform that’s going to enable you to increase efficiencies and customer engagement.

Look for an IVR system that significantly reduces routine call volumes by providing quick, accurate answers to simple customer queries. These could include information about customer accounts, bill due dates, order status updates, and more.

And this is just the tip of the iceberg. Other capabilities to look for include in-queue self-service and callback capabilities. This will help decrease frustration for customers waiting to connect to agents. Customers should be able to schedule a call back by providing a specific phone number and time via IVR. Additionally, wait-time features should allow customers to know their position in the queue, estimated hold time, or keep their place in line so they can go about their respective days.

For maximum smart self-service, you’ll want a platform that enables IVR-based payment capabilities, allowing customers to self-serve payment transactions. We’ll cover this in more detail later on in this post. Also, consider tying all of this together with integrated post-call IVR surveys, so your contact center can gain valuable feedback to optimize customer satisfaction.

With more customers calling in and needing help during the era of COVID-19, you’ll be able to better streamline your workflow with smarter customer self-service capabilities.

Customize the customer experience

Customers want control. They want a frictionless call experience. They definitely don’t want to fight through complicated, “user-unfriendly” menus to resolve their issue. Consider employing multichannel self-service capabilities and optimizing the customer experience.

With this type of advanced IVR technology, customers may seamlessly escalate from a self-service interaction to an agent, empowering your contact center to increase customer satisfaction while also maximizing agent resources. Driving call qualifications and routing algorithms before reaching an agent ensures that customers are serviced quickly and effectively by the right agents.

Here are the types of IVR self-service features and capabilities you should think about employing:

  • Front-End Qualification: Collect info about a customer’s needs from the start and transfer calls to the most appropriate agent or department depending on their IVR input.
  • AI and Chatbots: Enable customers to solve their own problems and get the info they’re searching for without having to speak with an agent.
  • Scheduled Callbacks: If customers don’t want to wait to speak to an agent, give them the ability to schedule a callback at a more convenient time.
  • Intuitive Drag-and-Drop Workflow Configuration: An IVR system should make it simple and fast to customize and configure your inbound workflow.
  • Virtual Hold Queue: If all of your agents are busy, the customer will be automatically directed to the next available place in line.

IVRs can also be used to confirm consumer identification before getting to an agent. The information that is inputted by the consumer can be presented automatically to the agent upon call connection. This can help eliminate critical seconds during talk-offs, while also creating a more personalized experience.

By giving your customers more control, more options, and a more user-friendly inbound journey, you’ll be able to achieve a more efficient process, and possibly even reduce the number of customers who need to be serviced by live agents. With fewer agents potentially available to take calls in a remote work environment, it’s all about keeping customers happy.

Connect your agents faster

What happens if transactions can’t be fully serviced through an IVR? Then you need a way for customers to be serviced quickly and effectively by the right agents, regardless of where that agent is located.

Enter advanced routing configurations, which are easily created through a few button clicks, and are highly customizable based on business requirements. These could include:

  • Account Ownership: Route customers to the agent or department who owns the particular account
  • Last Agent: Enable a customer to speak with the agent who handled their previous call, or to wait for a callback from that agent
  • Longest Available: Connect to the agent who is available for the longest amount of time
  • Agent Teams: Send callers to the appropriately trained team of agents to ensure the best service possible
  • Conditional (e.g. zip area): Route customers to agents in specific locations, or based on other relevant conditions
  • Skill-based routing (e.g. language, business type): Connect customers to the agents most qualified to handle calls based on their skill sets
  • Overflow: When a call isn’t answered by an agent and voicemail is off, route the customer to an overflow number to ensure they can still be serviced

With more contact centers shifting their agents to an at-home work environment, consider how tailoring your routing configurations could help provide faster connections to agents working remotely.

Empower your agents to do more

Once a customer is connected with an agent, they should be equipped with key agent enablement tools to optimize the agent experience and enable seamless customer journeys. 

Features to consider include unified agent desktops with access to full account data as well as a full view of multichannel contact history for a more complete contact experience. Customizable scripting based on business needs is helpful and a strategy for supervisor support, including supervisor chat.

Additionally, you’ll want to empower your agents with relevant and contextual customer information on screen pops to drive down service times. With key enablement tools, your agents are empowered to meet customer needs better, resolve calls faster, and do it all easier than ever.

In a work-from-home model, these agent-enablement tools are more important than ever. Ideally, you’ll be able to offset any loss in productivity for remote agents by giving them the ability to work as efficiently as they would if they were inside your contact center.

Stay In line with compliance

Now for something you definitely need to be keeping top of mind: PCI compliance. If you’re going to spend the time and energy improving your inbound functionality, you also want to ensure the highest level of payment data security possible, allowing you to focus on driving performance without compromising compliance. Yes, it’s great to offer customers a self-service payment function via your IVR. It’s even better when you know you’re maintaining compliance along the way.

Without proper PCI compliance, you risk facing hefty penalties. And in today’s digital environment of increasing digital engagement, payment security continues to mount in importance and difficulty, especially if your contact center is looking to expand operations in multichannel. Meeting these compounding PCI requirements involves tackling encryption, data storage, and call/screen recordings, a feat that could easily cost you millions of dollars.

Instead of sitting back and wringing your hands about the potential pitfalls, consider an inbound platform that can help you offload a significant portion of the PCI challenge. What should you look for in a solution? For maximum PCI compliance, you’ll want to see the ability to pause all call recordings of payment data, eliminate the agent’s ability to view payment information and maintain reporting/recording/encryption of the remaining interaction data.

In a remote work environment, keeping an eye on compliance is critical, and staying in line with regulations can mean the difference between running a smooth operation on one side, or running into costly, problematic regulatory issues on the other.

It’s all about data (and the cloud)

Are your inbound reporting and performance analytics up to snuff?

With cloud technology powering your reporting and analytics, you could automatically centralize all of your contact center data. This would allow you to provide comprehensive reporting on all inbound, outbound, and blended multichannel campaigns.

Imagine real-time dashboards equipping your contact center managers with key performance KPIs. Picture inbound analytics providing unprecedented insight into how to minimize abandon rates, wait times, and more. It’s all a reality with the right cloud-based platform behind you.

We cannot stress enough how important it is to keep a pulse on your customers and your agents during COVID-19, especially with more and more agents working from home. Since you’re no longer at arm’s length with your agents, you still need maximum feedback to understand how your operations are unfolding in real-time. And with more customers being serviced by remote agents, inbound reporting and performance analytics are a vital way to evaluate if agents are performing and if customers are happy.

Keep a pulse on your customers

Speaking of customer happiness, we have three words for you: Customer Satisfaction Surveys (CSAT).. And it’s fitting, because if you know what your customers want, you can provide better service. And if you’re providing better service, your agents are delivering better results.

CSAT Surveys should be customizable in terms of content. They should offer a pre or post-call survey option. You’ll want to deliver survey capabilities across channels with no silos. And, equip contact center leaders with dynamic reporting and CSAT analytics. If you lock in with a fully integrated business intelligence platform, you won’t just be good to go—you’ll be going above and beyond.

Think about unlocking the ability to provide full interaction data to help pinpoint specific areas of improvement or top performance drivers. For maximum ease, a platform should offer a drag-and-drop IVR builder.

With COVID-19 creating an uptick in inbound call volume, it’s crucial that you keep a pulse on what’s working and what’s not with your customers. More customers calling in means more opportunities to serve them better than ever before. By ensuring that you have the right data and analytics, you can also ensure that you’re giving customers what they want, when they want it.

There you have it—our top recommendations, tips, and watch-outs for evaluating your current inbound IVR functionality, and most critically, for considering how to make significant improvements in the future. With the right platform and the right features in place, you’ll be on your way to optimizing your customer experience, as well as your business performance—even during these trying times with COVID-19 disrupting your existing workflow.

Ultimately, the goal is simple: to maximize your agent resources with unified inbound IVR solutions that increase efficiency and empower seamless customer journeys. We hope these recommendations will help you on the way to achieving exactly that.

FAQs

What does IVR represent in a contact center environment?

Welcome to the dynamic realm of contact centers, where innovation meets customer engagement! You might find yourself wondering, “What does IVR represent in a call center environment?” Well, dear partner in excellence, let’s embark on a journey of understanding.

IVR—those three letters encapsulate the gateway to streamlined interactions. In a call center environment, IVR stands for Interactive Voice Response system, a symphony of technology designed to choreograph seamless customer experiences. It’s not just a tool; it’s a symposium of efficiency and engagement.

So, what does IVR represent in a call center environment? It represents the ultimate fusion of convenience and customization. It’s that virtual usher that guides callers to the right destination with the elegance of a maestro conducting a masterpiece. Every press of a button, every vocal command is a note in the harmony of customer satisfaction.

IVR signifies empowerment, where customers hold the baton. They choose the path and the tempo of their interaction. And as we navigate this landscape, remember IVR isn’t a one-size-fits-all spectacle. It’s a bespoke suit tailored to your contact center’s needs. Need customer queries to reach the right department? IVR directs the flow. Seeking self-service options? IVR delivers. It’s your contact center’s very own magic wand.

Now, you might ponder, how can IVR possibly embody inclusivity? Well, here’s the magic: it’s about offering options. Different dialects, languages, accessibility features—IVR embraces them all, making sure every caller feels heard and understood.

IVR represents the beacon of modern contact centers. It’s the guide, the collaborator, the conductor, all wrapped into one. So, the next time you ask, “What does IVR represent in a call center environment?” remember that it embodies the essence of tailored engagement, where technology dances harmoniously with the human touch.

How does an inbound IVR system improve contact center efficiency?

Let’s dive into the realm of possibilities as we explore how an inbound IVR system becomes the catalyst for elevated efficiency.

Imagine this: a bustling contact center with a steady influx of inquiries. Here’s where inbound IVR steps onto the stage, adorned with the armor of organization and the sword of precision. At its core, inbound IVR is the virtuoso of efficiency, orchestrating interactions with finesse.

So, how does inbound IVR improve contact center efficiency? It does so by streamlining the initial moments of every interaction. Picture a digital concierge politely asking callers to choose their destination. Customer seeking support? Press one. Interested in new offerings? Press two. It’s like a bespoke welcome mat, leading each caller to the right department without a hitch.

The magic doesn’t stop there. Inbound IVR speaks the language of self-service, allowing customers to resolve queries independently. A balance between automation and human touch, it liberates agents from mundane tasks, granting them the freedom to focus on complex challenges. Efficiency soars as routine inquiries find swift resolution, leaving agents to shine in their problem-solving prowess.

Inbound IVR embodies versatility. It tailors the customer journey according to caller preferences, making sure that no one feels lost in a labyrinth of options. Whether a seasoned caller or a newbie, each individual is met with an experience that resonates.

Furthermore, consider the scale at which inbound IVR operates. High call volume? No sweat. The system manages multiple interactions simultaneously, a feat that could leave even the most seasoned multitasker in awe.

In a symphony of operations, inbound IVR conducts the first movement of an interaction with precision. It sets the tone, manages expectations, and allows human agents to dive into the crux of conversations. By the time an agent steps in, they’re equipped with context and armed to provide personalized solutions promptly.

What features and functions does an IVR system offer?

IVR functionality is like a treasure trove of tools within the contact center ecosystem, designed to enhance customer interactions and streamline operations. It’s not just a system; it’s a symphony of capabilities.

Call routing and call deflection: At the heart of IVR functionality lies the art of intelligent call routing. It’s like having a virtual traffic director guiding calls to the right department or agent based on caller input. In cases where self-service is the goal, IVR functionality offers call deflection, enabling customers to find answers without agent intervention.

Interactive menu options: Picture this: a caller dials in, and a warm, automated voice welcomes them with a menu of choices. That’s the magic of interactive menu options. IVR functionality crafts these menus, allowing callers to select the purpose of their call. It’s like having a personalized receptionist available 24/7.

Self-service solutions: One of the stars of IVR functionality is its self-service prowess. It provides answers to common queries through pre-recorded messages or automated responses. From checking account balances to tracking orders, customers can accomplish tasks without agent interaction, saving time for both parties.

Speech recognition and natural language processing: Cutting-edge IVR functionality doesn’t just stop at keypad inputs. It embraces the power of speech recognition and natural language processing. Customers can converse naturally with the system, enhancing the experience by leaps and bounds.

Personalization and customization: Every customer is unique, and IVR functionality understands that. It offers personalization by recognizing returning callers and tailoring interactions based on past interactions. Furthermore, contact centers can customize the voice, tone, and content of prompts to align with their brand personality.

Integration with CRM systems: The magic of IVR functionality isn’t limited to standalone operations. It collaborates seamlessly with customer relationship management systems. When a call lands in an agent’s queue, they’re armed with contextual information, ensuring personalized and efficient conversations.

Queue management: Nobody enjoys waiting on hold. IVR functionality plays its part by informing callers about estimated wait times and providing options to request callbacks or leave voicemails. It’s queue management with a touch of empathy.

Data collection and analytics: Beneath the surface, IVR functionality is a treasure trove of data. It collects valuable insights about caller preferences, frequently asked questions, and call patterns. This data is a goldmine for refining customer journeys and enhancing operational strategies.

How does a smart IVR system enhance customer interactions in a contact center?

Imagine a contact center where every interaction is a delightful dance of efficiency and personalization. This is the magic that smart IVR brings to the stage. As we explore how a smart IVR system enhances customer interactions, prepare to be amazed by the symphony of innovation.
Smart IVR is like a seasoned conductor, orchestrating interactions with finesse. Its first act of brilliance lies in its ability to understand natural language. Unlike traditional systems, a smart IVR comprehends the nuances of speech, allowing callers to engage in conversations just as they would with a human agent. This elevates the interaction from a transaction to a genuine connection.

What sets a smart IVR apart is its knack for personalization. With a memory that rivals an elephant’s, it recognizes returning callers and greets them by name. This familiarity isn’t just a nicety; it’s a testament to the power of technology in fostering relationships.

The true marvel of a smart IVR lies in its ability to predict caller intent. It’s like having a psychic assistant on the line. As callers state their purpose, the system anticipates their needs and provides relevant options. This foresight streamlines interactions, leaving customers marveling at the efficiency.

Beyond enhancing the initial interaction, a smart IVR extends its wisdom to empower agents. It’s not just about handling routine queries; it’s about providing agents with real-time insights. When an interaction is transferred from the smart IVR to a human agent, the context is seamlessly passed along. This eliminates repetitive explanations and ensures customers feel valued.

Consider the landscape of choices a smart IVR offers. It’s not just about pressing numbers; it’s about choice. “How can I assist you today?” it asks, presenting options that resonate with callers. This empowerment turns interactions into collaborative journeys.

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About LiveVox

LiveVox (Nasdaq: LVOX) is a proven cloud CCaaS platform that helps business leaders redefine customer engagement and transform their contact center’s performance. Decision-makers use LiveVox to improve customer experience, boost agent productivity, empower their managers, and enhance their system orchestration capabilities. Everything needed to deliver game-changing results can be seamlessly integrated and configured to maximize your success: Omnichannel Communications, AI, a Contact Center CRM, and Workforce Engagement Management tools.

For more than 20 years, clients of all sizes and industries have trusted LiveVox’s scalable and reliable cloud platform to power billions of omnichannel interactions every year. LiveVox is headquartered in San Francisco, with international offices in Medellin, Colombia and Bangalore, India.

To stay up to date with everything LiveVox, follow us @LiveVox, visit www.livevox.com or call one of our specialists at (844) 207-6663.

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