A small UK based trader organization was interested in maximizing their telecommunications investments and identifying areas of possible improvement. First, they wanted to identify unused PSTN and private line circuits. They also wanted to easily allocate voice service expenses and provide historical trending reports on telecom activity. And finally, to better track telecommunications charges to protect themselves from duplicate charges and/or payments.
This small trader organization decided to install a call management system to track their telecommunications usage and provide trending reports. The system they chose gives total visibility of their telephone costs and usage. It is the only solution available that integrates dealer board data and fixed line, mobile, internet, email, and voice recording usage, under a single system with secure web-browser. Equally, this call management system is geographically redundant; able to support a single site or a global network of hundreds of remote branches.
This particular call management system was designed specifically for investment banks and to connect with turret and dealer board systems and interfaces with both traditional and VoIP telephony systems. It is crucial for investment companies to get solutions that were created specifically to fit their needs. The turret system integration is the key component in making a really complete call management system for investment banks and trader companies. Equally, finding a system with the flexibility to work with any telephony system makes integration easy and painless for the business customer.
By investing in this call management system, this trader organization was able to immediately identify five unused private wire lines. They were able to terminate these five lines and cease paying for lines that they were not using. Identification of a trunk outage from the LCR operator to more expensive PSTN calls. These PSTN calls are billed at a 15% inflated cost. Due to this outage, the company was paying an inflated charge for these bills. They were also able to identify errors in telecommunications charges from their carriers. This billing error amounted to roughly 5% percent per month. They were also able to identify that they were not receiving the discount structure that was agreed upon in their contract. In all, the company was able to save $46,500 in the first year after implementing the call management system. They were able to recoup their investment in the system in less than 8 months after purchase.
This call management system offered some additional benefits as well. It offered a sophisticated web browser based, dashboard-style interface with drilldown reporting. It also came equipped with highly granular access policies, defined and limited by the system administrator, allowing secure access from any point. And most importantly, it allows managers to evaluate real time statistics on trader activity as it happens – most and least active traders by day of the week, etc.
This small UK trading company was able to realize real returns on their investment in a call management system. Not only did they see immediate returns, but they were also about to monitor their costs and the activities of their traders on an ongoing basis. A call management system can help investment banks and trading companies to cut costs and improve efficiencies with an almost immediate return on investment.
And Information Management System
You may already have a flourishing online business, but in case you believe that further progress is being curtailed due to the ever-increasing number of customer support requests, it's recommended that you opt for a ticket management system as soon as possible. Installing a ticket management system will help you a lot because it will automate all of your vital business tasks such as replying to customer generated queries and complaints. It will also be a great help to your customers because then they will easily be able to create support requests and monitor status updates by using any of the preferred mediums such as email, web forms, phone, support site, fax and postal mail.
A ticket management system offers varied benefits, but if we were to make a list of the most prominent benefits, it would most likely include substantial timesavings and increased efficiency. This would become a possibility because after you install the ticket management system, you will no longer be required to reply individually to each and every support request that reaches you. All you have to do is configure the system as per your needs and preferences. The system will then automatically classify each incoming support requests into different categories based on your set criterions. This way you will be able to concentrate more on the most important requests and post generic replies for less important support requests.
Another important benefit is that you will be able to make a substantial reduction in your operational costs as related to the management of customer support services. What is even better is that cost savings will always be a possibility irrespective of the size of your business. If you have a small business, you will be able to save by handling all the customer support services on your own whereas if you have a large enough business, you will save by limiting the number of support executives you hire. What's notable is that you will be able to do all these without compromising the quality of your customer support services.
Looking at the benefits, you might be tempted to believe that ticket management systems are costly, but you can rest assured because most of the highly effective ticket management systems are quite affordable. What is even better is that free trial versions are available, which you can use to select the most appropriate ticket management system. You have basically nothing to lose, so just go for it.
Both Shelley Veazie & Gary Jezorski are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Gary Jezorski has sinced written about articles on various topics from Web Development, web development and Email Marketing. If you need a powerful solution for your support make sure you check out the Premium Response Ticket Management System for more info.. Gary Jezorski's top article generates over 49500 views. Bookmark Gary Jezorski to your Favourites.
Best Way To Cook A Ribeye By leaving the chilies on the plant they will start to dry out naturally. Just watch them for mould or rot though and harvest immediately this is spotted on any plant