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.



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