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Workforce management: WFM solutions may be more beneficial & attainable than you think.

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 call center respondents have yet to adopt workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space.  software to schedule, monitor and report on agent activity, according to according to
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1. As stated or indicated by; on the authority of: according to historians.

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 a recent survey by Noble Systems Corp. That's not good news for them, as workforce management solutions can help both lower internal costs and increase customer satisfaction.

"The benefit of engaging the right number of skilled people and supporting resources in the right place at the right time cannot be overestimated," said James K Noble, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Noble Systems, which sells the ShiftTrack WFM (1) (Wired For Management) A specification from Intel for a PC that can be centrally managed in a network. It must be DMI compliant, be accessible by a management server prior to booting, contain instrumentation for component discovery and identification and  solution. That's because labor typically accounts for at least 70 percent of an average contact center's operating budget Noun 1. operating budget - a budget for current expenses as distinct from financial transactions or permanent improvements
budget items, operating cost, operating expense, overhead - the expense of maintaining property (e.g.
.

Among the workforce management solutions on the market is inContact Work-force Management Software 2.0 powered by Verint. It is a smart call center WFM that helps predict demand, abandon rates and queue times. It also can aid in optimizing a workforce by creating schedules that take into consideration agent skills, preferences and proficiencies.

[ILLUSTRATION OMITTED]

As with any new investment, cost is probably a key reason why many call centers lack workforce management solutions. Cloud-based solutions can enable companies to adopt workforce management software without a big upfront investment, however.

Enkata recently launched a cloud-based customer experience analytics and work-force optimization solution. It can be used to access and analyze customer and employee transaction data from transaction logs, speech recognition, web usage, and agent desktop activity. The solution also can be used to correlate structured and unstructured data Data that does not reside in fixed locations. Free-form text in a word processing document is a typical example. Contrast with structured data. See free-form database.  in an effort to uncover failure points and enable customers use that information to improve performance.

"Our unique ability to consolidate, correlate, sequence, analyze, and replay volumes of disparate data in the cloud Refers to the operation taking place within a network. See cloud.  provides a complete view of the customer journey--why customers made contact, how often, with whom, and to what outcomes?" said David Stamm, CEO of Enkata. 'As ecosystems for service delivery include a greater array of participants--home agents, contractors, third parties, as well as a greater number of touch points from retail to chat--it is critical to use big data technologies in the cloud."

According to David Menninger, vice president and research director at Ventana Research, customer and transaction data are the most common types of big data analyzed by organizations. Back in January, Menninger commented that within 12 months two thirds plan to use the cloud for some of their big data processing.

In yet another cloud-based workforce management development, contact center software outfit Five9 Inc. recently partnered with NICE Systems to bring to market a cloud-based workforce optimization offering. The solution, hosted by Five9 in the cloud, adds NICE technology to the Five9 contact center.

Mike Burldand, CEO of Five9, stated, "The market for cloud-based contact center solutions has accelerated dramatically over the last several years. By partnering with NICE, the dear market leader in workforce optimization, we have added a significant market opportunity, delivering the proven benefits of WFO WFO Weather Forecast Office
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WFO Western Field Ornithologists
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WFO Work for Others (USACE)
WFO World Federation of Orthodontists
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 through our cloud-based platform."

As discussed in the March issue of Customer Interaction Solutions magazine, Monet Software has been a pioneering force in the area of workforce management for about a decade and offers a cloud solution as well.

"Over the years we have continued to get requests from our customers for a cloud-based call recording solution that is easy to use and affordable," said Monet CEO Chuck Ciarlo. "Monet has spent nearly 9 years perfecting a best-of-breed WFM solution, and call recording has been in our sights for a while. Now we are able to offer it, along with a robust quality management module. Both are fully integrated into a unified cloud-based workforce optimization solution. We are very excited about this offering, and we think our customers and the market will be as well."

The solution is called Monet WFO Live. It enables call centers to automate workforce management, call recording, quality assurance and agent analytics.

"Call centers can now quickly and easily optimize all aspects of their workforce with one affordable solution, resulting in better utilization of resources, better cost management and improved service levels," Ciarlo explained. "Monet WFO Live unifies work-force optimization across multiple processes to better meet customer needs and deliver more effective customer service. Customers can create accurate forecasts, efficient schedules for incoming work volumes, track key metrics in accordance to their business goals, record and monitor calls for quality, training and compliance purpose, all in one integrated cloud-based platform."

Monet WFO Live consists of a handful of software modules, including Monet WFM, Monet Record, Monet Quality, and Monet Metrics. Monet WFM is a call center workforce management solution that enables organizations to create more accurate forecasts, develop more effective call center schedules, and increase agent adherence. Monet WFM also features Monet Anywhere, a supervisor collaboration solution, and Monet Integrations Service, a solution that enables customers to integrate their ACD systems more easily with all of the above. Monet Record is a call recording solution that records, archives and retrieves customer interactions. Monet Quality monitors customer interactions. And Monet Metrics, a call center and agent performance management solution, was designed to allow organizations to manage 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. , set up real-time alerts, access dashboards and reports for agent analytics, and generally look at agent performance at a more granular level.

"Having spent many years owning and operating call centers, some of the biggest challenges we faced were the inability to accurately forecast call volumes and properly schedule agents to meet the various service levels and other business demands," said Ciarlo. "Call center software was too expensive, difficult to implement and very complex to use. Only the largest call centers could afford it, most often they spent years implementing it, and never realized the full potential."

But, he added, most Monet customers realize cost savings within 60 days
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Title Annotation:CRM, BPO & Teleservices
Author:Bernier, Paula
Publication:Customer Interaction Solutions
Date:May 1, 2012
Words:954
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