4 Ways To Gain a Competitive Edge With Intelligent Call Routing

Let‘s face it – running an efficient call center is harder than ever before. Customers expect quick resolutions, agents are burning out, and costs keep rising. But AI-powered routing promises relief. By automatically connecting each caller with the optimal agent, intelligent routing solutions can transform customer experience and call center performance.

As a data analyst who‘s worked extensively on AI and call center technology, I‘m excited about the impact intelligent routing can deliver. In this post, I‘ll explain what intelligent routing is, why it offers such competitive advantage, how the technology works, and key strategies to ensure successful implementation. I‘ll also share insights from my experience consulting with companies on AI-enabled call routing.

Ready to learn how intelligent call routing can supercharge your call center? Let‘s dive in.

Why Intelligent Routing Matters More Than Ever

Today‘s call centers face an avalanche of inquiries. Call volumes are projected to rise 15-20% annually over the next few years. At the same time, customer expectations keep increasing – 95% of customers now demand immediate resolution, and 82% say experience is as important as products or services.

Handling this surge under immense pressure has inflated call center costs dramatically. Analysts estimate over $300 billion is spent on call centers globally each year. Yet despite massive investments in agents and technology, many customers still endure long hold times, disconnected hand-offs, and unresolved issues.

Intelligent call routing finally provides a breakthrough for call centers to deliver excellent customer experience cost-efficiently at scale. Let‘s look at the benefits AI-powered routing drives:

  • 20-30% shorter call handle time: By precisely matching callers with best-fit agents, issues get resolved faster.
  • 10-15% boost in first contact resolution (FCR): Customers get their issues addressed fully the first time.
  • 15-25% higher customer satisfaction (CSAT) scores: Callers connect with agents best equipped for their needs.
  • 10-20% increase in agent utilization: Agents spend more time in productive talk time.
  • 10-15% decrease in attrition: Happier customers and agents has a compounding effect.

The data is clear – intelligent call routing consistently generates 15-30% operational gains across critical metrics. And early adopters validate these results. Leading financial services firm Citibank saw call resolution rates leap over 20% after implementing intelligent routing. Telecom giant Orange Spain shortened average handle time by 33% using personality-based routing.

With such tremendous return on investment, it‘s imperative for call centers to embrace intelligent call routing now. Those clinging to basic routing risk falling behind.

How Intelligent Routing Radically Ups the AI Game

Traditional call routing methods simply can‘t keep pace with rising customer demands. Rules-based routing relies on rigid, manual criteria that fail to match callers with the best agents. Even skills-based routing based has severe limitations:

  • Agents are multidimensional. Their skills, strengths and compatibilities vary across customers.
  • Inquiries are highly contextual. The same customer issue may require different handling.
  • Conditions are dynamic. Agent availability and moods change throughout the day.

Intelligent call routing overcomes these limitations through AI-powered optimization. Let‘s examine how:

Gathering Omnichannel Data

AI pulls relevant data from multiple channels in real-time to understand callers and agents:

  • Caller data: Phone ID, CRM records, social media activity, purchase history, prior interactions.
  • Agent data: Skills, workload, schedule, capacity, tracks record, personality.
  • Interaction data: Call transcripts, audit trails, satisfaction scores, platform metrics.
  • External data: Weather, news, events impacting customer moods.

By amalgamating data from siloed sources, AI forms a 360-degree view of each customer and agent. This is lightyears beyond just skills.

Richer data leads to smarter routing decisions.

Analyzing Interactions with Machine Learning

AI doesn‘t just gather data – it understands it.

Using natural language processing (NLP), sentiment analysis, speech analytics, and other techniques, AI analyzes interactions to uncover:

  • Root causes driving customer contacts
  • Nuanced customer emotions, needs and priorities
  • Optimal pairing possibilities between callers and agents

Machine learning algorithms continuously improve by ingesting more training data. The system keeps getting smarter.

Matching Callers with Best Agents

Armed with deep understanding, AI makes optimal routing decisions in real-time by assessing all variables and priorities, including:

  • Precise issue-skill matching – e.g. billing inquiry to billing specialist
  • Agent availability and existing workload
  • Caller history, value, preferences
  • Personality compatibility for maximum rapport
  • Predicted conversation paths and outcomes

AI is continually assessing these factors as conditions change to ensure optimal alignment second-by-second.

The sophistication is lightyears beyond rules-based routing.

Continual Improvement

The system also tracks post-call metrics to refine routing models. With machine learning algorithms, the platform continuously improves matching accuracy based on measured outcomes.

Additionally, users can provide direct feedback to enhance performance.

AI-powered routing keeps raising the bar on customer experience.

Now that you understand how intelligent call routing achieves a whole new level of optimization, let‘s discuss proven strategies to drive maximum value.

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4 Strategies to Extract Max Value from Intelligent Routing

Intelligent call routing presents a game-changing opportunity for call centers. But realizing the full benefits requires avoiding common pitfalls. Here are 4 tips:

1. Invest in Quality Data

The AI is only as good as the data. It‘s crucial to consolidate sources and clean records to ensure algorithms have accurate, enriched data. Using tools like Tamr, companies have unified customer data and seen 14% gains in agent productivity.

2. Tackle Integrations Early

One big headache is integrating intelligent routing systems with existing technology stacks. Sorting out APIs to CRMs, WFM software etc. should be priority to prevent delays. Cloud-based solutions simplify integration.

3. Monitor Impact and Optimize

Watch KPIs pre and post-deployment to isolate value add. Consider A/B testing routing modes. Analyze interactions to continuously improve system performance.

4. Don‘t Neglect the Basics

While routing turbocharges efficiency, it‘s not a silver bullet. Continue advancing efforts like self-service adoption, knowledge management and agent training to drive CX.

"Routing and workforce optimization tools have great potential," notes McKinsey, "but need to be implemented judiciously." Following these best practices, your company can fully capitalize on intelligent call routing.

Choosing the Right Intelligent Routing Provider

Many excellent intelligent routing platforms exist. To select one that best fits your needs, here are key considerations:

Features– Call/text/digital channel routing
– Real-time caller insight
– Agent skill/workload balancing
– Customer emotion detection
– Predictive/prescriptive routing
Implementation– On-premise vs cloud-based
– Speed/simplicity of rollout
– Integration with existing architecture
AI Capabilities– Maturity of machine learning algorithms
-Ability to customize models
– Ongoing model optimization
Vendor Profile– Stability and experience
– Focus on call centers vs generalist
– Partnerships with technology vendors
Pricing– Per agent vs enterprise deals
– Professional services costs
– Total cost of ownership

Leading intelligent routing platforms include Genesys, NICE inContact, Avaya, Five9, and Talkdesk. I suggest listing your "must-have" criteria, then evaluating providers accordingly. Many offer free trials to experience the technology first-hand.

Investing in AI-powered call routing sets your call center up to thrive amid rising complexity and expectations. By matching each caller with the right agent, intelligent routing resolves issues faster, boosts satisfaction, and unlocks significant savings. Combined with deliberate change management, data governance, and integration, companies can transform customer experience and dramatically elevate performance.

To discuss options tailored for your call center, please book a consultation. Wishing you great success ahead!

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