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April 12, 2021

Research Study Commissioned by LiveVox Reveals Path to Improved Contact Center Agent and Customer Experience

Contact center platforms that have built-in CRMs are the solution to improving both agent and customer experience

SAN FRANCISCO, CA – April 12, 2021 – LiveVox, Inc. (“LiveVox”), a leading cloud-based provider of customer service and digital engagement tools, recently commissioned Forrester Consulting to evaluate how integrated contact center solutions help firms with their business operations, customer needs, agent performance, and business outcomes. For the study, Transform The Agent And Customer Experience Using Contact Center Solutions With Embedded CRM Capabilities, Forrester conducted an online survey with 269 US contact center decision-makers who held a title of director or above in December of 2020.

Digital communication channels, including SMS, email and web chat, now play an integral role in the omnichannel customer journey, helping to expand customer self-service options and enabling contact centers to handle high volumes of support tickets with limited agent capacity. According to the aforementioned Forrester Consulting study, however, two out of every three firms surveyed still cannot orchestrate customer journeys across multiple channels. And seven out of 10 survey participants said that agents do not have all the relevant customer information and interaction history at the moment of engagement—resulting in frustrating experiences for both customers and agents. Nearly 70 percent of these firms said that they would be more likely to purchase a contact center platform with its own CRM to alleviate these issues.

“As the Forrester study found, organizations today are struggling to track and understand customers across the multitude of channels throughout the customer journey, making both the agent and customer experience (CX) frustrating and difficult,” said LiveVox CEO Louis Summe. “As they strive to improve agent satisfaction, and in turn improve CX as well, contact center leaders are turning to cloud-based integrated contact-center-as-a-service (CCaaS) with embedded CRM capabilities to better engage their customers. At LiveVox, we’ve made it a priority to develop best-in-class solutions that help contact centers maximize their performance – a continued focus in our recently announced version 15 of the platform.”

Key findings from the survey include:

  • Integration with other systems is the top issue in managing CRM and contact center technology. Three-quarters of surveyed decision-makers said it is challenging to manage upgrades and integrations for their CRM and contact center platform and between them. These integration challenges persist across other systems within the organization, as decision-makers ranked this as their top challenge in managing their CRMs and contact center technology.
  • Contact center platforms are not given a full picture of their customers, and that frustrates agents. Integration challenges restrict agents from accessing and synthesizing all relevant customer information and interaction history. This leads to clunky workflows, and it hinders the agent’s ability to quickly resolve customer issues and provide exceptional service. Customers can become frustrated with the time an interaction takes while agents are frustrated because they can’t do their job efficiently through no fault of their own.
  • Firms struggle to serve customers on their channel of choice. Only forty-four percent of respondents believe their firm can orchestrate customer journeys across all channels. Why is this? It’s because nearly 60% of firms support their channels on different systems, making it difficult to capture and utilize customer data. And a lack of real-time, channel-specific information adds to the challenge of accessing and using customer data on the channel of their choice.

For more information, register for our upcoming webinar featuring Forrester on Thursday, April 15th at 11am PT / 2pm ET. You can register here.

To download the complete study, click here.

About LiveVox

LiveVox, a portfolio company of Golden Gate Capital, is a leading cloud-based contact center platform.  By seamlessly integrating omnichannel communications, customer relationship management (CRM), and workforce optimization (WFO), LiveVox delivers exceptional agent and customer experiences, while helping to reduce compliance risk. LiveVox’s reliable, easy-to-use technology enables effective engagement strategies on channels of choice to help drive contact center performance. Founded in 2000, LiveVox is headquartered in San Francisco with offices in Atlanta, Denver, St. Louis, Medellin, and Bangalore.

Forward-Looking Statements

This communication contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be made directly in this communication. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon management estimates and forecasts and reflect the views, assumptions, expectations, and opinions of LiveVox as of the date of this communication, and may include, without limitation, changes in general economic conditions, including as a result of COVID-19, all of which are accordingly subject to change. Any such estimates, assumptions, expectations, forecasts, views or opinions set forth in this communication constitute LiveVox’s judgments and should be regarded as indicative, preliminary and for illustrative purposes only. The forward-looking statements and projections contained in this communication are subject to a number of factors, risks and uncertainties, some of which are not currently known to LiveVox, that may cause LiveVox’s actual results, performance or financial condition to be materially different from the expectations of future results, performance of financial condition. Although such forward-looking statements have been made in good faith and are based on assumptions that LiveVox believe to be reasonable, there is no assurance that the expected results will be achieved. LiveVox’s actual results may differ materially from the results discussed in forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. These forward-looking statements are made only as of the date hereof, and LiveVox does not undertake any obligations to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contacts

Media Contact:
Katie Creaser
LiveVoxPR@icrinc.com
516-993-6584

Investor Contact:
Michael Bowen and Marc Griffin
LiveVoxIR@icrinc.com
203-682-8299

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About LiveVox

LiveVox is a next-generation contact center platform that powers more than 14 billion interactions a year. We seamlessly integrate omnichannel communications, CRM, AI, and WFO capabilities to deliver an exceptional agent and customer experience while reducing compliance risk. Our reliable, easy-to-use technology enables effective engagement strategies on communication channels of choice to drive contact center performance. Our battle-tested risk mitigation and security tools help clients maximize their potential in an ever-changing business environment. With 20 years of cloud experience and expertise, LiveVox’s CCaaS 2.0 platform is at the forefront of cloud contact center innovation. Our more than 500 global employees are headquartered in San Francisco, with offices in Atlanta; Columbus; Denver; New York City; St. Louis; Medellin, Colombia; and Bangalore, India.

To learn more, visit www.livevox.com or call one of our specialists at (844) 207-6663.

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