Benefits of IVR (Interactive voice response): 5 Reasons Your Company Needs One Today!

Businesses today are using multiple technology touchpoints to maximise customer engagement. Having a modern, user-friendly phone system at your business enhances the customer and staff experience multifold. By prioritising critical calls and directing non trivial ones to the appropriate departments, IVR helps your business function smoothly.  IVR systems may assist both large and small marketing organisations. Managing inbound and outgoing calls is only one of several ways it may help your business. In this article, we will go through the advantages of Interactive Voice Response (IVR) tools to assist you in determining how they are appropriate for your business.

What are IVR Solutions?

IVR, or interactive voice response, is an automated phone system that uses text-to-speech or pre-recorded messages in conjunction with a dual-tone multi-frequency (DTMF) interface to engage callers and enable them to supply and access information without human intervention. The automated telephone system uses the IVR to connect with callers. It eliminates the need to go through a human operator, thus saving valuable time. Another advantage of this technology is that it is adept at routing calls to the appropriate person. In addition, customers get a lot of options on menus and other settings that help them find the correct department. It will ensure they find the right person to deal with their problems using IVR solutions.

How Does Interactive Voice Response (IVR) Work?

Most commercial negotiations and transactions are conducted over the phone. Many businesses still run their operations the old-fashioned way, via using live human agents to take incoming client calls. IVR provides the choice of employing a virtual operator and receptionist, which lowers personnel expenses and frees up your service team's valuable time. It encourages more efficient resource management while still meeting the demands of your clientele.

Also Read: How to Set Up An IVR System

Key Benefits Of IVR solutions:

An IVR service provider reduces wait times and boosts first-contact resolutions by routing calls to the proper call centre employee after gathering pertinent information from a particular caller. Your business will be able to handle a lot of calls with an IVR system without having to deal with annoying call wait times or overworked receptionists. Contact centre employees may prioritise essential calls thanks to call routing, which boosts productivity and first-call success rates.

High call volumes sometimes put call centre employees under stress, which can lead to long wait times for misrouted consumers. IT can negatively impact your customer care experience. The autonomous routing offered by the IVR solutions considerably reduces the likelihood of making mistakes when guiding a customer to their destination.

A phone system places a call using IVR technology after acquiring caller data. Following an unsuccessful customer service engagement, this information is then utilised to direct consumers to the appropriate person the first time. Accordingly, a well-designed Interactive Voice Response system may drastically cut down on a customer's typical hold time. Additionally, it can speed up the process of resolving issues with only one phone call.

Your customers may get in touch with your company whenever they want to owe interactive voice answers. IVRs' availability around-the-clock is their prominent feature. Customers may obtain answers at any time—during regular business hours, weekends, or holidays—without waiting for staff to be available. The consumer has access to the IVR systems at all times. Your company may reach many customers owing to unlimited customer access. Most services are available to customers anytime they need them. Even though many customers prefer the assistance of a call agent, an IVR is useful when the recipient is not present. 88% of customers commonly utilise IVR to resolve their issues, according to Smart Insights.

Instant gratification is the name of the game. People are accustomed to a great deal of automation in their life, which makes routine tasks simpler and makes obtaining what they want faster. It is common for customers to become frustrated and dissatisfied while waiting on hold. By allowing your customers to actively obtain the services they require when they need them, contact centre IVR helps you avoid many situations where you would otherwise have to put your customers on hold. Therefore, ease of use allows customers to come back to business more often. Hence, faster resolutions and more satisfaction are the results of IVR solutions. In contrast to the conventional manner, an IVR expedites the transmission of calls. Additionally, connecting calls with a knowledgeable person would cut down on wait time. When customers receive answers via automated responses, they save even more money. Happy consumers become brand advocates and repeat buyers.

How Can Your Business Benefit From Interactive Voice Response (IVR)?

69% of respondents said they preferred solving problems on their own without help from others. 63% of those polled stated they would seek online information before opting to call a company's hotline for customer care. Consequently, there are two key trends that you should consider while developing your customer enquiry portal:

1. Clients want self-service. You may accomplish this with the use of an interactive system like Voice Over IP (VoIP), which combines Interactive Voice Response technology.
2. If businesses wish to remain relevant throughout the shift away from prioritising traditional call centres and turning to digital sources, they should prioritise digital transformation initiatives.

Therefore, IVR solutions assist operators in prioritising customer needs. Calls can be categorised based on which customers' issues are urgent or can be easily resolved. The client experience is enhanced, and response times get shortened as a result. In this fast-paced world, there is limited time to make mistakes, and efficiency is a pivotal catalyst for growth. There is no time for superfluous things. But how does one find solutions to such overwhelming problems? Here’s how - with the help of Mtalkz, an IVR service provider, modern IVR technology and contact centre software can be set up for smooth integration. You won't have to be concerned about outgrowing your business technology with us. No matter where you are, we offer affordable call plans where agents can answer calls and texts or hop on a video call with one simple click.

• IVR Services offered by Mtalkz:
• IVR for Self-Service
• Hosted IVR
• Agent-Assisted IVR

Contact us for more information.