SharpenCX

MARCH 24, 2020

Getting benchmark data for your own contact center, then working to improve against those metrics, is crucial to better serving customers. But, it’s important to keep your direct competition in mind when looking at call center metrics & industry standards, too. Industry Standards: How do you Stack Up Against Your Peers?

industry standards 52

industry standards Metrics Call Center Wait times 52

ChurnZero

SEPTEMBER 28, 2021

It’s important to have NPS benchmarks in mind so you can start making effective changes based on your score. Benchmarks allow you to figure out when your score is good, when and where there’s room for improvement, and how you might compare to other competitors in your industry. External Benchmarks. Internal Benchmarks.

Benchmark 97

Benchmark SaaS industry standards Analytics 97

NICE inContact

OCTOBER 8, 2019

Likewise, call center KPIs and benchmarks act as controls to establish direction and to know whether the call center is on course. You may be familiar with certain call center KPI’s but less familiar with benchmarks. Using our analogy, benchmarks are used to determine whether your call center is on course.

Benchmark 54

Benchmark Call Center First call resolution industry standards 54

CSM Magazine

JUNE 23, 2022

“AutoTranscribe is designed to operate in a complex, noisy environment at millisecond speeds with the highest real-time transcription accuracy in the industry. In academic and industry standard benchmarking through the LibriSpeech test—a speech corpus of 1,000 hours of transcribed audiobooks—it often beats out the major AI companies.

industry standards 96

industry standards Benchmark Coaching Analytics 96

Nicereply

SEPTEMBER 4, 2023

What is a Good NPS Score by Industry? Average NPS by Industry NPS Leaders by Industry Benchmarking your Net Promoter Score What is a Good NPS Score for SaaS? However, it’s important to note that industry standards for NPS scores may vary and that benchmarking your score can serve as a good Northstar to reference.

Benchmark 105

Benchmark Surveys Employee engagement Metrics 105

Customer Contact Central Submitted Articles

SEPTEMBER 6, 2022

In the absence of agent scorecard best practices, there exists no formal system to capture performance issues, benchmark them against industry standards.

industry standards 189

industry standards Benchmark Analytics Best practices 189

Spearline

MAY 28, 2020

Benchmark performance against competitors. Our platform generates an International Telecommunication Union (ITU) industry-standard PESQ (perceptual evaluation of speech quality) score, which is an objective score of audio quality rather than the subjective MOS scoring. Benchmark performance against competitors.

Benchmark 97

Benchmark Telecommunications industry standards Metrics 97

Calltools

AUGUST 19, 2020

This data allows them to bolster those areas to meet or even surpass industry standard call center KPI benchmarks, which is essential for your brand’s reputation. Wait time should be one of your most important call center KPI benchmarks. These are some standard statistics for how industries vary in KPI measurements.

Benchmark 52

Benchmark Call Center Abandon rate Interactive Voice Response 52

Lumoa

NOVEMBER 8, 2018

In short, why should you use NPS?

Metrics 162

Metrics Customer Experience Benchmark Surveys 162

Outsource Consultants

SEPTEMBER 5, 2024

These include: Industry-wide cost fluctuations: Increases in labor, energy, or material costs can impact the entire industry. This benchmarking exercise will provide valuable insights into industry standards and help you assess the reasonableness of the proposed increase. If the latter, consider renegotiating.

Benchmark 67

Benchmark outsourcing industry standards Consulting 67

ClientSuccess

SEPTEMBER 28, 2020

At the same time, CSMs can set up alerts and benchmarks that can identify accounts that may be at risk of churning. Increase NPS scores: NPS and other industry standards can impact a brand’s reputation and image to customers, prospects, and partners.

SaaS 105

SaaS industry standards Benchmark Accountability 105

Lumoa

JANUARY 31, 2023

Although customer experience management is a complex process, that differs in every company and industry, it can be adjusted to the same plan. Leaders in a variety of business industries use NPS , which makes NPS a great benchmarking tool. Although, the only company with whom you should compare NPS is your company in the past.

Customer Experience 165

Customer Experience Customer centricity Metrics Feedback 165

Nicereply

DECEMBER 28, 2021

Benchmarking CSAT, NPS, and CES: What’s a Good Score to Have? This is where benchmarking is helpful. We’ve compiled benchmarks to help you compare your CSAT, NPS, and CES scores to industry standards and inspire your goal setting. Benchmarking CSAT, NPS, and CES: What’s a Good Score to Have?

Customer Support 98

Customer Support Benchmark outsourcing Business Process Outsourcing 98

Spearline

FEBRUARY 23, 2021

Measure carrier performance and benchmark performance against competitors. We allow you to make educated and responsible decisions on how your calls are routed, combined with country-by-country benchmarking data from our millions of global test calls.

Telecommunications 95

Telecommunications Benchmark industry standards Metrics 95

AWS Machine Learning

MAY 9, 2024

The rapid advancements in artificial intelligence and machine learning (AI/ML) have made these technologies a transformative force across industries. According to a McKinsey study , across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits.

Government 115

Government Best practices Benchmark Metrics 115

Lumoa

FEBRUARY 20, 2018

Although customer experience management is a complex process, that differs in every company and industry, it can be adjusted to the same plan. Leaders in variety of business industries use NPS , which makes NPS a great benchmarking tool. Customer experience management, if done properly, will result in better business KPIs, incl.

Customer Experience 141

Customer Experience Customer centricity Feedback Metrics 141

TechSee

MAY 1, 2022

It’s a straightforward concept that gets the spotlight in all service-oriented industries – but what’s important is not just the theory, it’s the practice – and the outcome. CSAT industry benchmarks – What Should Your CSAT Score Be? Here are some industry standards: Industry Average CSAT (%).

Customer Experience 109

Customer Experience Surveys Benchmark Feedback 109

Spearline

APRIL 6, 2021

While MOS is, essentially, an assumption based on network characteristics, a recording of a test call allows you to generate an International Telecommunication Union (ITU) industry standard PESQ (perceptual evaluation of speech quality) score, which is an objective score of audio quality.

Telecommunications 96

Telecommunications Benchmark industry standards Metrics 96

Customer Relationship Metrics

SEPTEMBER 9, 2016

The industry standard for concurrent Chat sessions. The next question that is most often asked after how many concurrent chat sessions can agents handle is, “What is the industry standard for concurrent Chat sessions per agent?”. Don’t try to use an industry Chat benchmark or guess at the right answer.

industry standards 74

industry standards Benchmark Metrics Contact Center 74

PeopleMetrics

APRIL 12, 2017

The measure is used by others in your industry. Adopting an industry standard means you can get agreement quickly, and it also makes it easy to benchmark your own bank against others. Does a positive movement in your CLI (i.e., Customer Loyalty Index) lead to increased revenue?

Metrics 87

Metrics Customer Experience Banking industry standards 87

Fonolo

SEPTEMBER 26, 2018

Anyone working in the service industry, be it in retail, health or finance, should get the low-down on Service Level Agreements (SLAs), and fast. The most-used industry standard is “80/20” (whereby 80 percent of inbound calls are answered within 20 seconds). Read on: You’ll be an expert in no time. Lesson 1: SLAs in a Nutshell.

Call Center 67

Call Center Abandon rate industry standards Service level 67

Totango

JANUARY 10, 2024

Use baselines to track customer outcomes It’s typical for organizations to measure their client’s performance against industry best practices and use those numbers as a benchmark for success. The challenge with this, Beswada explained, is that it may not be your clients’ most important metric or KPI. “We

Sales 96

Sales industry standards Benchmark Upselling 96

Helpware

SEPTEMBER 13, 2022

Using effective QA tools helps align your current performance levels with industry standards. Meeting and exceeding these benchmarks far precedes company expansion. To do so, organizations need to actively monitor their quality assurance (QA), or rates of customer satisfaction. Needless to say, QA is imperative.

industry standards 59

industry standards Benchmark Customer Service SaaS 59

aircall

SEPTEMBER 28, 2018

In an industry usually driven more by fashion than function, the brand’s decision to focus on a practical customer problem has clearly struck a chord. We’re benchmarking well ahead of industry standards right now, but there’s always room for growth,” added Vroom.

Customer Experience 89

Customer Experience First call resolution industry standards Benchmark 89

Fonolo

OCTOBER 19, 2023

If you’re in the contact center industry, 80/20 service levels are likely nothing new. It’s become a benchmark in the contact center industry, though its origins are not at all scientific nor grounded in research. You may have used 80/20 service levels in your operations! Those are good questions!

Contact Center 81

Contact Center Service level Abandon rate Construction 81

Expivia

APRIL 29, 2021

The industry standard for service level is 80/30, where 80% of the calls are answered in 30 seconds or less. If you keep the 80/30 industry standard, this shouldn’t be much more either. Make sure you have that benchmarked for your organization. And then you’ll have serious problems in your contact center. .

Call Center 98

Call Center Metrics Interactive Voice Response Average Handle Time 98

Spearline

MARCH 30, 2021

This objective and recognized industry-standard audio quality measure takes into consideration characteristics such as: - Audio sharpness. And what does PESQ stand for? PESQ stands for Perceptual Evaluation of Speech Quality. Spearline uses this in its global in-country number testing. Call volume. Background noise. Audio interference.

Telecommunications 98

Telecommunications voip industry standards Benchmark 98

CSM Magazine

APRIL 25, 2018

Their goal, you heard, is to have the best customer service in the industry. Let them go head-to-head with customer service and experience expectations based on the existing industry standards. Let the best of the best, regardless of industry standards, set your bar. Here’s my take: good for them.

industry standards 63

industry standards Benchmark Advertising Sales 63

IdeasUnlimited

JUNE 25, 2024

This recognition places us among the top companies in our industry, and we couldn’t be prouder. We tailor our services to meet the unique needs of clients across different industries, ensuring efficiency, cost-effectiveness, and a competitive edge. Together, we will continue to achieve greatness and set new benchmarks in the industry.

industry standards 59

industry standards Business Process Outsourcing outsourcing Call Center 59

aircall

MARCH 3, 2021

We’ll also discuss how to benchmark call center software and use it to improve call center performances across various industries. Benchmarking Against Call Center Metrics Industry Standards. In this section, we look at call center benchmarks in general and in the e-commerce industry.

Metrics 71

Metrics Benchmark Healthcare Call Center 71

Lumoa

JULY 6, 2023

Upcoming webinars Using the science of happiness in CX – Using happiness as a competitive advantage Benchmarking Industry Standards – What does it mean to have a good score, relative to your peers? It will even learn over time, based on your specific data.

industry standards 15

industry standards Benchmark Feedback Management 15

Pointillist

NOVEMBER 11, 2019

You also need to know why First Call Resolution is important, along with standard benchmarks and emerging FCR trends. Despite this widespread adoption, there is not one industry-standard way to collect data. Within the call center industry, both approaches are valid ways to calculate FCR.

First call resolution 74

First call resolution Call Center Metrics Benchmark 74

Spearline

OCTOBER 5, 2021

The test calls are recorded, and the audio quality is measured using the industry-standard Perceptual Evaluation of Speech Quality (ITU P.862 Monitor the performance of your entire telecommunications infrastructure and benchmark your performance against others in your industry using our advanced reporting features.

Interactive Voice Response 97

Interactive Voice Response Telecommunications Call Logging Call flow 97

COPC

JANUARY 9, 2024

The requirements for obtaining COPC certification involve thoroughly evaluating the organization’s processes and measuring performance against the COPC CX Standard’s best practices and guidelines. The COPC CX Standard was originally established in 1996 and has continued to evolve to address changing industry dynamics.

Customer Experience 74

Customer Experience Customer centricity Customer Care Best practices 74

Lumoa

JULY 6, 2023

Upcoming webinars Using the science of happiness in CX – Using happiness as a competitive advantage Benchmarking Industry Standards – What does it mean to have a good score, relative to your peers?

APIs 15

APIs industry standards Surveys Benchmark 15

Balto

JANUARY 2, 2025

Benchmark Your Metrics Against Industry Standards How do you know if your contact center metrics are strong? Compare them against industry standards. Benchmarking provides a baseline for evaluating performance and identifying areas for improvement. Set realistic improvement goals.

Call Center 52

Call Center Metrics Abandon rate Average Handle Time 52

Fonolo

FEBRUARY 9, 2023

This metric is universally understood across the industry, and clearly conveys how quickly customer calls are answered by support agents. Whatever the story is, clearly we need to approach this “standard” with skepticism. In the world of contact center metrics, service level has always held a special place.

Service level 142

Service level Call Center Abandon rate Metrics 142