Siebel Performance Solutions to Increase Contact Center and Sales Effectiveness.Business Editors/High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Sept. 8, 2003 Siebel Solutions Enable Contact Centers to Improve Cross-Selling and Up-Selling Capabilities in Light of Emerging National Do Not Call Registry Do Not Call Registry is the name of a list of personal phone numbers that are off limits to telemarketers in North America.
Siebel Systems Siebel is a brand name of Oracle Corporation. Siebel Systems, Inc., founded by Thomas Siebel in 1993, was principally engaged in the design, development, marketing and support of CRM applications. , Inc. (Nasdaq:SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) ), a leading provider of multichannel Using two or more paths for transmission or processing. It can refer to a variety of architectures including (1) multiple I/O channels between the CPU and peripheral devices, (2) multiple wires in a cable, (3) multiple "logical" channels within a single wire or fiber or (4) multiple eBusiness applications software, today announced the availability of the Siebel Contact Center Performance Solution and the Siebel Sales Performance Solution, which are designed to measure and improve the effectiveness of contact center and sales organizations, respectively. With Siebel Contact Center Performance Solution, contact centers can now increase cross-selling and up-selling of products and services during inbound customer calls to counteract possible future revenue losses caused by recent legislative limitations on outbound telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. . "The bottom line is that companies must improve performance by increasing employee satisfaction, reducing costs, and building competencies within sales organizations and contact centers," said Wendy Close, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. Research Director, Gartner, Inc. "These are basic necessities for improving overall business performance through cross-selling and up-selling, while reducing the typically high turnover rates associated with these organizations. And, given recent legislative activity curtailing outbound telemarketing, the ability of contact centers to cross-sell and up-sell to existing customers on inbound service calls will become critical." Using Siebel Systems' performance solutions, companies can evaluate cost structures and organizational competence, communicate organizational business goals, provide training to minimize employee churn, and measure employee performance to reward successes. In addition, companies can effectively manage individual employee competence, creating customer-driven organizations in which contact center and sales representatives are highly skilled and well-equipped to offer personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. customer service and support. In the current economic climate, companies face the continuing challenge of growing revenue, controlling costs, and increasing customer satisfaction -- all while developing and retaining high-performing employees. Drawing from the expertise it has developed by completing more than 3,500 CRM deployments, Siebel Systems is addressing these challenges by offering a set of best practices designed to align employees with contact center and sales organizations' objectives. Offered separately as solution bundles, Siebel Contact Center Performance Solution and Siebel Sales Performance Solution each encompass five key areas -- scorecarding and analytics, communication, performance management, training, and employee service. Siebel Contact Center and Sales Performance Solutions improve contact center and sales organization performance through: -- Scorecarding and analytics that provide all employees with a role-based view of relevant Key Performance Indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. (KPIs) -- indicators that help an organization evaluate its level of success -- Communication and productivity tools that keep sales representatives and contact center agents engaged and current on the latest corporate strategy and processes -- Performance management and compensation management that ensure employees clearly understand individual and organizational goals and objectives -- Training and competency management that continually tracks and improves upon workforce skills so that employees operate at peak levels at all times -- Employee service capabilities that enable employees to quickly and efficiently complete administrative tasks and obtain support from internal operations, IT, and product groups, increasing productivity and significantly reducing support costs "In 2001, FleetBoston wanted to increase multiproduct sales by engaging in more consultative selling Consultative selling emphasizes customer needs and meeting those needs with solutions combining products and/or services. A consultative salesperson typically provides detailed instruction or advice on which solution best meets these needs. ," said Dean Athanasia, Executive Vice President and Managing Director, Business Development and Strategy Group, FleetBoston Financial FleetBoston Financial was a Boston, Massachusetts-based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were given the Bank of America logo. Corporation. "To do this, we deployed Siebel Finance to 2,000 sales and service personnel; this improved cross-selling and reduced administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. . The rollout was so successful that our employees were asking for more. To meet their expectations, we deployed Siebel Call Center and Sales Performance Solutions, which serve as the single information portal for our customer-facing employees. With consolidated, personalized information at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. , FleetBoston relationship managers have dramatically improved their efficiency and effectiveness when interacting with customers. Siebel applications helped us to increase our cross-sell revenue by 15 percent despite a severely down market." "The next iteration One repetition of a sequence of instructions or events. For example, in a program loop, one iteration is once through the instructions in the loop. See iterative development. (programming) iteration - Repetition of a sequence of instructions. of CRM recognizes that systems alone will not create a truly customer-centric enterprise. Users ultimately determine the success of CRM systems," said David Schmaier, Executive Vice President, Siebel Systems. "Sales and contact center agents must be well trained and supported as part of any successful CRM initiative so that technology and human capital are working in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem to deliver the highest levels of customer service." About Siebel Systems Siebel Systems, Inc. is a leading provider of eBusiness applications software, enabling corporations to sell to, market to, and serve customers across multiple channels and lines of business. With more than 3,500 customer deployments worldwide, Siebel Systems provides organizations with a proven set of industry-specific best practices, CRM applications, and business processes, empowering them to consistently deliver superior customer experiences and establish more profitable customer relationships. Siebel Systems' sales and service facilities are located in more than 28 countries. Except for the historical information contained herein, this press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risk or uncertainties. Future operating results of Siebel Systems may differ from the results discussed or forecasted in the forward-looking statements due to factors that include, but are not limited to, risks associated with customer relations, such as the availability of Siebel Systems' products and services, customer implementation of products and services, relationships with customers, third-party vendors and systems integrators, concentration of revenues in a relatively small number of customers, existence of errors or defects in products, ability to successfully manage growth, significant current and expected additional competition and the need to continue to expand product distribution and services offerings. Further information on potential factors that could affect the financial results of Siebel Systems are included in Siebel Systems' Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. and its other filings with the Securities and Exchange Commission, which are available at www.sec.gov. Siebel Systems assumes no obligation to update the information in this press release. Siebel is a trademark of Siebel Systems, Inc. and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion