All blog posts

Blog
25 Oct, 2024
CX Experts Reveal 5 Future Predictions for Contact Centres

Are you ready to discover how the future of contact centres is evolving? Industry leaders Hamish Cliff (Head of Consultancy, Business Systems Ltd), Barry Webb (Senior Digital Strategist, Business Systems Ltd), and Laura Malinsky (Director of Solution Sales at NICE) recently came together in an insightful webinar to discuss the latest trends in customer experience (CX). From the rise of AI-driven efficiency to the importance of maintaining the human touch, these experts reveal the top five predictions around AI and...

Blog
22 Oct, 2024
Customer Experience Trends Shaping the Future

  The rapid rise of AI is reshaping the way businesses engage with customers, and the customer experience (CX) space is at the forefront of this transformation. Contact centres, traditionally seen as cost centres, are now becoming innovation hubs where AI is helping businesses to reduce costs, improve efficiency, and enhance both customer and employee satisfaction. Here we explore some of the key trends shaping the future of CX, based on insights shared during a recent webinar hosted by Business...

Blog
19 Aug, 2024
Don’t Be the Next Headline: The High Cost of Ignoring Electronic Communications Compliance

The recent $390 million SEC fines levied on 26 interdealer brokers and advisors for widespread record keeping failures serve as a stark reminder of the critical importance of maintaining, storing and preserving electronic communications. The financial industry is under intense scrutiny, and non-compliance leads to crippling penalties. The Growing Risk of Non-Compliance With the increasing reliance on digital communication, regulated financial institutions face a complex challenge in archiving and managing a vast array of electronic communications records. From emails and instant...

Blog
24 Jul, 2024
Assess Your Surveillance Risks

A new benchmarking report has been published by 1LoD, which offers a crucial glimpse into the state of voice surveillance within financial institutions. It’s an interesting survey that incorporates insights from over 30 leading global banks and offers an analysis of current practices that are in place around voice surveillance in financial institutions, as well as looking to what the future may hold.   Let's unpack some of the reports key takeaways:   1. Dissatisfaction with Legacy Technology   Legacy...

Blog
20 Jun, 2024
Supporting Vulnerable Customers | A Guide for Contact Centres

Many people today are facing challenging circumstances as a result of the cost of living crisis. Contact Centres serve as vital lifeline for many, especially vulnerable customers; be it utilities, healthcare, or housing, contact centres are often the first point of contact for those in need. But with great reliance comes great responsibility. How do we ensure that the services provided by agents are not only efficient but also sensitive to the needs of the vulnerable? Business Systems recently hosted a...

Blog
02 Jun, 2024
Video: Conversational IVR for the Retail Industry

https://vimeo.com/1026159861

Blog
30 May, 2024
Legacy Technology Creates the Biggest Voice Surveillance Risk for Banks

Following the publication of the 2024 1LoD Surveillance Benchmarking Survey & Report, which includes feedback from over 30 leading global banks, Wordwatch has helped produce a In-depth Report that outlines the next steps banks should consider to modernise their current voice surveillance practices. The Wordwatch-sponsored paper, “The biggest risk in voice surveillance isn’t surveillance”, looks in detail at both the operational and financial risks of running and maintaining multiple legacy systems, particularly those nearing the end of their life cycle....

Blog
10 Apr, 2024
Is Voice Surveillance Your Next Strategic Investment?

Managing risk, ensuring compliance and improving oversight are increasingly challenging tasks. It comes as no surprise that the 2024 1LoD Surveillance Benchmarking Report reveals a significant trend: 74% of banks plan to invest in new voice surveillance technology before 2027. But why is it the next strategic investment for so many financial institutions? Non-compliance is more expensive than compliance Where banks might have aimed to invest as little as they could get away with in the past, this position may...

Blog
15 Mar, 2024
Is the Pursuit of Efficiency Driving Customer Service Levels to an All-Time Low?

89% of UK contact centres already use some form of self-service, and 64% plan to deploy AI-based chat and voice-bots in 2024. Despite the technological surge, the January 2024 UK Customer Satisfaction Index revealed a concerning year-on-year decline in satisfaction amongst consumers, plummeting 2.4 points below the January 2022 level. The findings prompt a crucial question: is the pursuit of efficiency driving customer service metrics to an all-time low? Striking the right balance between efficiency gains through self-service and meeting...

Blog
17 Jan, 2024
Key Considerations when Choosing a Communications Compliance Management System

In today's data-driven world, organisations seek ways to harness the power of information for better decision-making, improved communications compliance, and enhanced customer experiences. However, the sheer volume and diversity of data, particularly legacy and live interactions records, such as call recordings and instant messages, often pose significant challenges. Those organisations required to retain data for long periods of time, often for regulatory purposes, usually already possess a range of communications recording infrastructure built up over the years, resulting in a...

Blog
28 Dec, 2023
How to reshape CX in 2024

Ever-evolving technology and customer expectations are driving rapid transformation within the contact centre industry. Learn how to stay ahead of the curve and reshape your CX in 2024

Blog
21 Dec, 2023
3 Steps to Simplifying Your Legacy Voice Data Management in 2024

Legacy voice data can be challenging for organisations – often difficult to keep track of, manage, and adhere to regulatory demands. Nevertheless, there are a few key steps that can be taken to simplify legacy voice data management.  1. Consolidate your View of your Legacy Voice Data For organisations with considerable legacy voice data estates, one of the biggest challenges is keeping tabs on many different storage solutions that may be in use simultaneously. Because the nature of voice recording...

Get in touch

Get started today

Let’s talk about how our solutions can help you transform customer interactions and deliver measurable results.