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How an Answering Service Reduces Business Expenses - Select Answering Service - ContactCenterWorld.com Blog

How an Answering Service Reduces Business Expenses

How an Answering Service Reduces Business Expenses

Naturally, all businesses want to make money, but sometimes we do that by reducing expenses, and in this article, we discuss how an answering service does just that.

Starting and scaling your business can be an expensive endeavor. From manufacturing costs to distribution, rental space for things like computers and phones among other items are all necessary in order to make sure the company runs smoothly but they add up quickly.

Businesses can rely on an answering service to help them manage their budget and maximize revenue during downturns. When faced with economic difficulties, it’s important for savvy business owners like you not only to keep up-to-date but also to be prepared in case things get worse before they improve again. A live operator provides support while letting customers experience none of the hassles associated with maintaining customer services themselves - all at no extra charge.

Here’s a list of how an answering service reduces business expenses:

Support When Down-Staffing

As of September 2021, hiring a full-time receptionist will cost between $31,500 and $42,800 per year.

The cost of a receptionist is not just their salary. To cover the other expenses, you need medical and dental insurance as well as 401(k) contributions for themselves or employees in order to make sure they get paid on time when employers don’t cover it fully themselves- which can be hard with all these economic uncertainties we’re experiencing right now.

Don’t forget that there’s also disability coverage so someone doesn’t end up too crippled after working here at our company full time; without this benefit, what would happen if an employee got injured while doing something outside work hours?

How would you like to save money on wages and employee benefits while still providing excellent customer service? Utilize a virtual receptionist with our answering services. Customers love having their calls answered by a professional team of agents, who will answer any question they might have about your business or product line! With savings up to $1/day depending on call volume at certain businesses - it’s never been easier than now before enrolling in this amazing program for your company today so more customers get through quickly without wait times.

24/7 Customer Support

What if you are one of the lucky business owners who were able to retain their staff during this pandemic? What happens when calls still come in and it’s hard for them because there is no coverage 40 hours a week, what will they do with 128 more unproductive hours.

The best way to grow your business is by making sure that you don’t neglect those who reach out. For many small businesses, this means sending them off on voicemail and letting their opportunity slip away before it even gets into the sales funnel of competitors with 24-hour answering services available at all times of day or night

If only one option remains after analyzing alternatives - do not send calls straight away! Better yet put yourself in contact so everyone can benefit from what they have going for them.

Easier Hiring & Staffing

It’s not easy to find a good worker, and you may need help from HR professionals. Sometimes it takes about 30-60 days of interviewing before finding the best fit for your company - but don’t give up.

It doesn’t take long or cost much money to hire someone who is qualified as an employee; however, no guarantee they’ll be around because some people had better options than rehiring former co-workers if those are still available at all in today’s economy due largely on location issues alone so you need a backup plan. A plan that solves the problem and reduces expenses.

All things considered, there’s a lot that goes into recruitment. The new employee may not work out and your team will have to start from scratch again- which is why outsourcing recruiting duties through an answering service has become so popular! Answering services already know how complicated hiring people can be because they offer 24/7 coverage for businesses looking for less time spent on tedious tasks like screening applicants or training them once hired. All you need do when it comes down to staffing decisions (or even firing)is make one call; let our agents take care of everything else while working quickly.

 Get Ahead of the Competition

As a small business owner, you give everything to cultivate success for your company. Imagine living through an unprecedented global pandemic and watching all that hard work fall by the wayside? Well luckily there’s hope on the horizon: just have an answering service in place so those efforts don’t go down with anything but dust.

When people are looking for a way to solve their problems, they should take into account how much better your company can be than others. With 24/7 virtual support and experienced staff that answers call around the clock customers will get more out of them!

Get Back Control of Your Time

The pressure to run a successful business can be intense, but it’s important that you take care of yourself too. Owning and operating your own company comes with an abundance if expenses; not all are monetary in nature. There are also blood sweat tears which may result in stress eventually leading up to health problems later on down the line-especially when difficult times. You deserve some relief from time to time through an answering services quickly remedy that problem.

Source: https://selectansweringservice.com/how-an-answering-service-reduces-business-expenses/

Publish Date: September 29, 2021


2023 Buyers Guide Speech Technology

 
1.) 
Premium Listing
Call Center Studio

Call Center Studio
Call Center Studio is the world’s first call center built on Google and is one of the most secure and stable systems with some of the industry’s best reporting. It is one of the most full-featured enterprise grade systems (with the most calling features, one of the best call distribution, outbound dialing features and integrations—including IVR, AI Speech Recognition, blended inbound/outbound calling and includes Google’s new Dialogflow and Speech API. Call Center Studio is the absolute easiest to use (with a 10 minute setup), and is the price performance leader with lower equipment cost and less setup time.


2.) 
Aculab

VoiSentry
VoiSentry is a voice biometric engine for speaker verification / identification. It is delivered as a virtual instance to be controlled by an application via APIs and can be deployed in whatever is the most appropriate environment i.e. public cloud, private cloud or on-premise. It is generally deployed as a white-label or OEM product, whereby Aculab’s partner integrates it into their own solution/platform and offers it as an integral part of their service. Unless they go public with it, none of their clients would even know that it was Aculab’s VoiSentry engine under the hood. As with any biometric speaker verification system, VoiSentry is language and dialect independent.

3.) Agara

Agara is an autonomous virtual voice agent powered by Real-time Voice AI. It is designed to have intelligent conversations with your customers, vendors, and partners without any assistance from human agents. It can handle a wide variety of calls including inbound customer care calls, outbound lead generation calls, appointment scheduling calls, and overdue payment recovery calls.

Agara is available for several industries including banking, insurance, retail, e-commerce, airlines, and telecom. Powered by advanced Real-time Voice AI that understands speech in real-time, automatically determines the right process to follow and guides the caller along in the process with natural conversation.

4.) 
Call Tracking Metrics

Execute automated actions based on words spoken by your customer.

Our intelligent word detection and transcription tools make it easier for you to decipher the content of your customer conversations and automate action based on those insights.

Transform the audio of your calls into speaker-organized scripts so you can easily search your call log for specific words from a conversation, or automatically detect when words of intent are spoken by your customer.

Listen in on and highlight common patterns in order to execute triggers to initiate a new action or workflow, such as emailing a manager if the word “cancel” is spoken on a call. You can also set up to automatically redact content from a transcript, such as sensitive health information transmitted on a call.

5.) 
Daisee

Daisee
Daisee builds technology that empowers people to solve problems by making interactions simple and smart so they can have a more significant impact, be more productive and be better at what they do. We believe incremental improvements carry huge potency and provide exponentially greater change for the better.

Genesys customers can now automate risk and quality management using Daisee’s speech and sentiment analytics and remediation workflow software. Daisee helps improve customer experience, ensure regulatory compliance, identify missed commercial opportunities & training requirements as well as provide valuable insights back to the business directly from the frontline – the true voice-of-...
(read more)

6.) 
Eckoh

EckohASSIST
Advanced speech recognition and natural language expertise that routes callers by simply asking ‘how can I help you?’. It allows customers to use their own words to ask for what they want and steers them to the right place.

Menus are eliminated altogether and contact centres can use a single inbound telephone number.

7.) 
MattsenKumar LLC

SmartSpeech
SmartSpeech – The Best In Class Speech Analytics Software

An all-inclusive speech analytics application that enables you to visualize your audio using state-of-the-art speech recognition, transcription, and text analytics technologies.

8.) 
Medallia

V-Blaze Speech to Text
Our GPU-accelerated, AI-based technology enables you to deliver greater insights to the contact center by transcribing audio into analyzable text.

- Transcribe large volumes of recorded audio quickly
- Integrate transcripts with your analytics or business intelligence platform
- Reduce your hardware footprint and minimize total cost of ownership

9.) 
Nemesysco

InTone Suite - Emotion Detection via Voice Analysis
InTone™ is a voice analysis tool geared to detect genuine emotional and cognitive reactions regardless of the speaker’s language or chosen intonation.
It integrates into existing contact center environments and provides realtime indications of both client and agent emotional reactions throughout all ongoing calls. This unique set of indications assists managers and call center representatives to truly understand the client, improve call center performance, easily detect angry calls, elevate training efficiency and provide a tailored customer experience in every single call.

Nemesysco's contact center technology is also available in API and SDK forms.
Please visit our website for information about our product portfolio.

10.) 
Voxjar

Voxjar
Voxjar is your one-stop-shop for driving better phone calls with your customers. We're a modern Conversation Analytics and Call Coaching Platform.

- Custom Charts and Dashboards give you the freedom to analyze calls from the highest level down to the details of each conversation.

- AI-Powered Speech Analytics transcribes, searches, and analyzes your reps' phone conversations, at scale.

- Quality Assurance and Call Coaching tools let you evaluate and improve agent performance with a human touch.

- Long term recording storage for historical analysis


All of these together provide the holistic, easy-to-use software that you need to manage a modern call team and create better con...
(read more)
 



View more from Select Answering Service

Recent Blog Posts:
Phone Etiquette | How to Handle Calls ProfessionallyOctober 25, 2021
How an Answering Service Reduces Business ExpensesSeptember 29, 2021
5 Reasons Why Doctors Need Live Answering ServicesApril 28, 2021
How to Compare Answering Service CompaniesJanuary 21, 2021
Why Small Business Owners Need Answering ServicesSeptember 12, 2020
Why You Need a Dental Answering ServiceNovember 12, 2019
Real Estate Answering ServiceSeptember 17, 2019
How An Answering Service Can Grow Your Business in 2019January 31, 2019
5 Examples of Good Customer Service and What Lessons Can Be LearnedJune 11, 2018
What is Exceptional Customer ServiceApril 20, 2018

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