TEB Increased Call Completion Rates By Conversational IVR

Formerly, a BNP Paribas Joint Venture, Turkish Economy Bank (TEB) is one of Turkey’s oldest financial institutions. TEB needed to increase the efficiency of its customer interaction center with more than 500 agents. They were looking for automation solutions to help agents with the high volume of incoming calls.
3%
increase in IVR completion rates
250K USD
annual savings
Industry
Company size
Enterprise
Gradient quotation mark icon
"Sestek Conversational IVR removes complicated menus from traditional IVR, guides customer's callers to the right destination faster, and allows them to complete their transactions with ease. Our customers' quick adaptation to this technology is the proof of success."
TEB

The Challenge

TEB provides 24/7 phone banking services to its customers. A high volume of calls to its agents through traditional IVR negatively affects waiting time and the overall customer experience. TEB needed an effective and user-friendly solution to provide an improved experience with the help of self-service.

The Solution

With Conversational IVR technology, customers are welcomed by the voice response system and successfully routed to the correct menu without the need for live agents. The implementation was done without the need for any additional upgrades to the existing IVR infrastructure, and it helped increase IVR completion rates by 5% and resulted in 250K USD cost savings annually.

Company name
TEB
Company size
Enterprise
Pain point
Low IVR completion rates
Sestek product used
AI Agents
About company
TEB is one of the oldest financial services groups in Turkey. TEB has been aggressively expanding its retail network in Turkey ever since and had more than 500 branches. The bank is ranked the 11th largest bank in Turkey.
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