LiveVox Products | Platform Capabilities

Mitigate Omnichannel Risk

Using voice and digital channels to engage customers can increase your regulatory exposure. LiveVox combines best practices and technology to help you add channels, not risk.

LiveVox [compliance icons / looking at phone]
A Forrester Study

The Total Economic Impact™ of LiveVox’s Contact Center Platform

A commissioned study conducted by Forrester Consulting shows a three-year 229% ROI and payback in less than 6 months with LiveVox’s Contact Center Platform, powered by a purpose-built CRM.

Forrester TEI
LiveVox [video / 5 Ways to Reduce Risk with Speech Analytics]

Best Practice Video

5 Ways to Reduce Risk with Speech Analytics

Learn how contact centers are leveraging speech analytics to simplify and automate risk mitigation.

LiveVox [video / CFPB FAQ]

Best Practice Video

CFPB FAQ

Get answers to the top 6 most frequently asked questions about the CFPB.

LiveVox [compliance-focused omnichannel / eBook]

eBook

A Guide to Compliance-Focused Omnichannel Communication

Mitigate risk, not reward with our free eBook that covers communication regulations for financial services and how to adopt a compliance-first mindset in your contact center strategies.

Find the Right Solution For You

Explore the solutions below to find the best match for your organization.

Cloud IVR Bundle

I want to add AI Virtual Agents with omnichannel

IB Contact Center Bundle

I want to Improve my IB customer service

OB Campaigns and Compliance Bundle

I am mostly outbound, want to mitigate risk and add channels

Speech Analytics Bundle

I want to improve CX and Compliance with analytics

Two-Way Messaging Bundle

I want a digital-first or digital-only engagement

Brochure

Learn about LiveVox’s customer engagement platform

Download this brochure for a comprehensive view of LiveVox’s capabilities.

LiveVox Platform Brochure

Providing voice and digital channels for businesses just like you

“The ability to have everything available on one platform and be able to not have to worry about the backend like we used to, went a long way in our decision-making process.”

—Daniel Torres | Director of IT, PBFCM

“LiveVox can be managed with relative ease. You don’t have to have a large, technology supporting team in comparison to an on-premise telephony platform. Upgrades are also much simpler and less time-intensive.”

—Matt Murphy | Director of Workforce Management and Dialing Operations, Best Egg

“With complete visibility and control across the customer journey….we are able to ensure we respect the customer’s channel preferences while leveraging customer behavior data to drive more pro-active and intelligent strategies across new channels. As a result we saw an increase of ~50% in year over year revenue.”

—Director of Operational Strategies, Business Servicer

Learn more about how to improve risk mitigation

Check out our Frequently Asked Questions below.

Why choose LiveVox for risk mitigation in your contact center

Contact centers face a myriad of complex risks that require efficient and proactive management. When selecting contact center risk management solutions, consider LiveVox – a cloud-based contact center platform that offers powerful risk mitigation tools and technologies purpose-built for financial services compliance. LiveVox helps contact centers mitigate compliance risks by providing contact recordings, quality assurance processes, audit logging, permission-based access control and automated reporting – all within a secure hosted environment. Plus, our extensive experience in fields like consumer protection makes us an ideal choice for those looking to ensure full compliance risk mitigation. With the right contact center risk management solution such as LiveVox in place, your organization will be in a better position to meet its compliance requirements without sacrificing customer experience or blowing your budget.

Primary concerns for risk management in the BPO industry

Contact center risk management is a primary concern for businesses in the business process outsourcing industry. BPOs must ensure that their processes and procedures adhere to regulatory requirements and best practices for data privacy, shareholder rights, customer service, safety standards, and more. Depending on the type of services being provided and the relevant laws of their country, business process outsourcing companies may need to develop special compliance plans to ensure adherence. They may also be required to provide regular documentation and audits of their own internal activities to ensure compliances with regulations such as the TCPA, ITAR, or GDPR. By taking comprehensive action related to contact center risk management, businesses in this industry can protect themselves from potential liability while continuing to focus on delivering quality services to their customers.

Primary concerns for banking call center risk management

Contact centers for banking and other financial services organizations face unique risks when dealing with customers. To mitigate compliance risk, contact centers must adhere to certain regulations, such as adherence to established contact center operational procedures, customer sentiment analysis, and prevention of social engineering scams that put customer data at risk.

Much of this responsibility falls on contact center supervisors and their agents, but there are also specialized software platforms like LiveVox that are designed specifically to help contact center staff remain risk free. Platforms like LiveVox can monitor customer interactions throughout the entire customer support lifecycle to ensure that all activities meet organizational standards.

Another great compliance risk prevention tool used in banking call centers is speech analytics.  Speech analytics and sentiment analysis allow banking call centers to analyze customer sentiment, moods, and tone of voice during contact interactions and then store them in the contact center customer database to proliferate reports out to other departments and alert leadership when deviations from standard operating procedures occur. In short, contact center risk management requires awareness of pertinent regulations along with specialized software tools like LiveVox to ensure service delivery remains compliant at all times.

Primary concerns for customer service risk management

Good contact center risk management and customer experience go hand-in-hand. Customer support teams must adhere to strict compliance standards to mitigate contact center risk and ensure consistent service delivery across all channels. Compliance standards may include protecting customer data, having established contact protocols and identifying scalable contact policies when engaging customers through digital channels such as chat, email, or social media. Having clear guidance on contact center risk management ensures that customer issues can be addressed in a timely fashion, while creating positive customer experiences at each interaction.

Maintaining contact center risk management and achieving customer experience excellence is a challenge for many customer service organizations. To ensure compliance with regulatory standards, customer support teams must have access to all the necessary contact information, including contact history and contact context, which is why we at LiveVox built a customer identity layer directly within our platform. 

In order to stay on the right side of compliance risk in customer support call centers, the platforms used for customer engagement should be able to quickly respond to customer inquiries in order to resolve any potential risks that could affect the contact center operations. Companies must have policies in place that meet specific industry regulations such as GDPR (EU General Data Protection Regulation) or HIPAA (Health Insurance Portability and Accountability Act) as it relates to contact centers and customer engagement, so employees can easily work within those guidelines.

Additionally, giving customers the option of self-service satisfaction surveys helps ensure quality control across all interactions. By monitoring customer service standards through detailed contact reports and survey results, companies can better prevent future contact center risks for their organization.

What Are Your Advantages With LiveVox?

Transform your contact center's performance with a proven cloud platform that's actually easy to use and optimize.


Billions of Omnichannel interactions powered every year

Trusted by game-changing clients for more than 20 years

Recognized by the industry's leading analysts

Fully-Integrated Public Cloud Platform

+ Unified Tools, Channels, And Data To Maximize ROI
+ Fast, Easy, And Cost-Effective To Scale And Optimize
+ Turnkey Omnichannel / AI / Analytics Out-Of-The-Box

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AX Workplace Made For Contact Centers

+ Integrate It All, Including Agent Workflows, In One Screen
+ Smart, Simple, And Seamless Cross-Channel Interactions
+ Easily Push And Pull Data From Your CRM / Other SORs

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Scalable, Flexible, Reliable, And Secure

+ 100% Public Cloud Infrastructure And 24/7/365 Support
+ Easily Configure Our Modules, APIs, And Growing Partner Network
+ End-To-End SLA / High Availability And Enterprise-Grade Security

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Certifications

LiveVox is proud to be both PCI and SOC 2 Compliant.

 

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Livevox has joined forces with NICE,
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Livevox has joined forces with NICE,
creating a Conversational AI Powerhouse.

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Livevox has joined forces with NICE,
creating a Conversational AI Powerhouse.

Click here to be redirected to NICE.com


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Livevox has joined forces with NICE,
creating a Conversational AI Powerhouse.

Click here to be redirected to NICE.com


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Livevox has joined forces with NICE,
creating a Conversational AI Powerhouse.

Click here to be redirected to NICE.com

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