HGS Business Transformation Overview 2014
HGS Business Transformation Overview 2014
Experience Management
Prepared by:
Business
Business
Excellence
Transformation
& Transformation
Services
Practice
®
®
Catalogue
BACKGROUND ............................................................................................................. 2
Why Transformation?
With technology advancement, rapid innovations and financial pressure on cost containment strategy, all the
organizations are struggling to quickly adapt to these forces of change without compromising on quality of service being
offered. There is increase in recognition of overwhelming need for robust processes and efficient information
dissemination to quickly and accurately tackle such changes and resulting situations.
All the companies are realizing the value of Big Data that is available across the ecosystem and rich insights that can be
drawn from same. Data Analytics and Business Transformation Solutions are emerging as new age offerings. HGS has
realized the potential of Big Data and Business Transformation Projects and also initiated several projects and is happy
to present its capabilities and case studies.
HGS Business Excellence & Transformation practice team has designed a strong framework for transformation journey
while establishing measurable economic value creation. The Business Transformation framework will capture and
monitor intelligent customer data to deliver exemplary customer experience through analysis, data driven and
technology enabled recommendations.
HGS uses Real time analytics intelligence and Technology tools to deliver value enabled services, this optimizes client
process, enhances client revenue and promotes client brands. This data driven decision modelling created through
research and analytics paves the way for rapid growth in the near future. This enables HGS achieving sustainable growth
by continuous R&D by innovating new methods and new applications to maintain healthy business relationships.
Along with Business Excellence &, Business transformation as a part of HGS DNA, this brochure has been designed to
demonstrate HGS understanding and capability to transform business using advanced analytics and technology enabled
solutions for value creation journey. This works to
achieve standardization of processes, uniformity of
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practices, usage of similar tools and methodologies tio
Value with HGS
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and fungibility of people to deliver ‘One Experience’ fo it
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to customers globally. s s Tce B
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Along with Business Excellence &, Business Enhance
Customer
Value Addition Experience
transformation as a part of HGS DNA, this brochure
has been designed to demonstrate HGS Uplift revenue
to customers globally.
®
WHY?
Why are
customers
contacting?
WHAT?
Design a useful & insightful What are
customer issues,
Outstanding Bill
+4%
Late Fee Charges
-2
Spot trends
& pattern
Data Analytics
• Text mining & data mining activities for identifying contact reasons
• Transaction data analytics for behaviour analysis
• Descriptive data analytics for identifying education opportunities
Predictive Analytics
• Use text and voice data for Predictive modelling (examples below):
- Improve conversion rates
- Enhance up-sell/cross-sell rates
- Improve auto adjudication of claims
- Reduce claims rework rate
®
........................................
Frustated
................................................................
........................................
Dissatisifed
Unaffordable
.........................................
........................................
Unreasonable
.........................................
Confused
.........................................
Unveil what is hiding in
......................
Time consuming
•
customer interaction? •
•
•
.........................................
•
2 Customer interaction analytics (Using process, text & Speech analytics)
HGS has partnered with various Industry Provider applications for Speech & Interaction
analytics. HGS has created its own framework and repository of categories, lexicons to produce
high class analytics output.
Quality
CRM Monitoring
Interactive Portal
Personalized customer facing centralized support center available with
24/7 access integrated with knowledgebase providing solution
documents, downloadable forms, product manuals and How to do videos.
Auto/Virtual Chat
Automated chat application solution that tries to conduct automated predefined
conversation with a user providing answers to the queries requested by a
customers. It serves as front facing digital interface to service requests around
the clock.
How to do Videos
High definition animated videos displaying step by step process, displaying
instructions, explaining products, demonstrating troubleshooting steps for
customers to follows and resolve issues
Pinterest
Utilizing a visual discovery tool, pin board-style photo-sharing website
allowing users to get collections of ideas, images such as events, interests,
and hobbies.
Mobile Applications
Intuitive applications serves as interactive channel for customers to access real time
information on accounts, product and services, access troubleshooting steps & push
information to update details.
In addition, HGS acquires capability to integrate Social CRM platform on existing and new Social
media websites and forums to cater customer queries, resolve and respond them quickly by:
A predefined strategy is applied to decide which channel has higher propensity of resolution with
low effort based on customer query type. Volume is routed, handled and reported from all
channels using one contact center platform.
Social Media
Knowledge Channel
Workforce mgt. management reporting
Quality
monitoring Presence Analytics
Business
Formal center Intelligence
Perform. mgt.
Home agents Expert
Access
eLearning
Business
Virtualization Apps
Remote expert
Every interaction made by customers on any channel i.e., web, chat or knowledge portal can be
tracked by using a unique identifier/pin which can be entered in IVR by the customer providing the
customer action log to the Service representative for proactive conversation and action.
Smart channel selector solution not only reduces the effort required by the both the parties but all
fastens the overall process of customer service resulting to greater customer satisfaction level
®
6 Process Optimization
HGS works with various partner vendors to build customized process optimization solutions
tailored as per client need, process requirement and financial limitations.
Real time Process optimization tool provides next-best-action recommendations to agents, using
an intelligent real-time decision engine, as they talk with customers in phone or chat interactions
or perform back-office transaction processing.
It enables agents to take appropriate action - ask for regulation-required permissions, make a
retention offer, suggest products or promotions.
Check
Balances Pay Bills
Receive
Schedule Alerts
Transfers
24/7 Check
Access Multiple
Accounts
Transfer
Funds Schedule
machine interaction
These applications transform the way human and machine interacts by leveraging multilingual
speech recognition, voice biometrics, and smart mobile technology in the enterprise context.
Speech Recognition is the ability of a program to understand and carry out spoken commands :
• Enables natural, human-like conversations and satisfying interactions
• Automates a vast amount of communication through targeted dialogic workflows
Thank You
The contents of this document are proprietary and confidential to Hinduja Global Solutions and may not be
disclosed in whole or in part at any time, to any third party without the prior written consent of Hinduja Global
Solutions.
All rights reserved, Copyright in the whole and any part of this document belongs to Hinduja Global Solutions.
This work may not be used, sold, transferred, adapted, abridged, copied or reproduced in whole or in part, in any
manner or form, or in any media, without the prior written consent of Hinduja Global Solutions.
www.teamhgs.com
Anand Biradar
V. P.
BD Caribbean and Latin America
E: [email protected], W: www.teamhgs.com
M: +1 201 286 7741