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Standard Bank South Africa
Simply Serving the Customer

Handle over 40 million contact centre
customer interactions annually
The Challenge
                                                                                                   Benefits
Faced with increased competition in the market place, SBSA needed a new CRM vision to
revitalise their customer experience. Hindered by 23 disparate and costly contact centres,
each with their own operating processes, management and technology, the bank was                   Reduced attrition rate in the contact
struggling to provide first class customer experience. This was further intensified by a lack of   centre saving £1.3 million
a standard front-end, unstable contact management systems and agents having to traverse
up to 18 applications in a single customer interaction. SBSA looked to develop a strategy
                                                                                                   Saved £16 million in operational
which would move the bank from a product-centric to a customer-centric focus, transforming
                                                                                                   efficiency in just 24 months
their customer experience and reducing customer churn.


The Solution                                                                                       First call resolution improved across
Sword Ciboodle was selected as the key component to support the customer experience                all queries by 30%
transformation strategy, known as project ‘Sapphire’. The strategic aim of this project
was the consolidation of 23 disparate contact centres into one virtual operation, while
                                                                                                   Winner of Gartner CRM Excellence
consolidating and standardising multiple lines of business into one operation and solutions
                                                                                                   Award 2008
platform.


Sapphire provided the bank with a user friendly, process-driven unified agent desktop that
reduced the number of applications from 18 to 1, and increased the agents ability to resolve
multiple queries during a single transaction. By adopting a process-centric CRM system,
                                                                                                   Solution Highlights
SBSA was able to optimise processes and increase efficiency and effectiveness, which
directly improved the customer and agent experience.                                               Users: 1600

The Results                                                                                        Channels: inbound and outbound
Over the first 24 months, Sapphire had delivered an operational saving of £16 million. The
                                                                                                   phone, fax, inbound SMS and email
new platform improved coaching and quality assurance capabilities, which in turn has
reduced the dependency on agent training and lowered the attrition rate of staff, saving the
bank approximately £1.3 million in Human Resource costs.                                           Processes include: complaint
                                                                                                   management, balance enquiry,
Customer experience, the main driver for the project, is now central to the bank’s customer        statement requests
service strategy. Empowered agents have all the information they require in one place, and
as a result, first call resolution has improved across all queries by 30% and call transfers
                                                                                                   Integration: SAP BP, numerous core
reduced by 20%.
                                                                                                   banking systems for card, homeloans
SBSA’s processes are now customer-centric, and can be quickly adapted based on business            and retail banking, Genesys, NICE,
and market demands. Most importantly, supported by Sword Ciboodle’s flexibilty, SBSA now           Gijima, RightFax and Exchange
has a cutting edge weapon to improve and expand customer experience in the long term.



“Sword Ciboodle has enabled us to stabilise our contact centre operations,
provide a scalable platform for growth, improve customer satisfaction scores
and reduce our cost to serve.”
                                                               Marcel Hemmings, Business Sponsor Contact Centre Integration, SBSA
For a complete listing of our
                      products and services please
                      visit our website

                      www.sword-group.com




                      e info@sword-ciboodle.com
                      www.sword-ciboodle.com




ukEnG.CS.SBSA_08.09
© Sword Group 2009

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Case Study: Standard Bank South Africa

  • 1. Standard Bank South Africa Simply Serving the Customer Handle over 40 million contact centre customer interactions annually The Challenge Benefits Faced with increased competition in the market place, SBSA needed a new CRM vision to revitalise their customer experience. Hindered by 23 disparate and costly contact centres, each with their own operating processes, management and technology, the bank was Reduced attrition rate in the contact struggling to provide first class customer experience. This was further intensified by a lack of centre saving £1.3 million a standard front-end, unstable contact management systems and agents having to traverse up to 18 applications in a single customer interaction. SBSA looked to develop a strategy Saved £16 million in operational which would move the bank from a product-centric to a customer-centric focus, transforming efficiency in just 24 months their customer experience and reducing customer churn. The Solution First call resolution improved across Sword Ciboodle was selected as the key component to support the customer experience all queries by 30% transformation strategy, known as project ‘Sapphire’. The strategic aim of this project was the consolidation of 23 disparate contact centres into one virtual operation, while Winner of Gartner CRM Excellence consolidating and standardising multiple lines of business into one operation and solutions Award 2008 platform. Sapphire provided the bank with a user friendly, process-driven unified agent desktop that reduced the number of applications from 18 to 1, and increased the agents ability to resolve multiple queries during a single transaction. By adopting a process-centric CRM system, Solution Highlights SBSA was able to optimise processes and increase efficiency and effectiveness, which directly improved the customer and agent experience. Users: 1600 The Results Channels: inbound and outbound Over the first 24 months, Sapphire had delivered an operational saving of £16 million. The phone, fax, inbound SMS and email new platform improved coaching and quality assurance capabilities, which in turn has reduced the dependency on agent training and lowered the attrition rate of staff, saving the bank approximately £1.3 million in Human Resource costs. Processes include: complaint management, balance enquiry, Customer experience, the main driver for the project, is now central to the bank’s customer statement requests service strategy. Empowered agents have all the information they require in one place, and as a result, first call resolution has improved across all queries by 30% and call transfers Integration: SAP BP, numerous core reduced by 20%. banking systems for card, homeloans SBSA’s processes are now customer-centric, and can be quickly adapted based on business and retail banking, Genesys, NICE, and market demands. Most importantly, supported by Sword Ciboodle’s flexibilty, SBSA now Gijima, RightFax and Exchange has a cutting edge weapon to improve and expand customer experience in the long term. “Sword Ciboodle has enabled us to stabilise our contact centre operations, provide a scalable platform for growth, improve customer satisfaction scores and reduce our cost to serve.” Marcel Hemmings, Business Sponsor Contact Centre Integration, SBSA
  • 2. For a complete listing of our products and services please visit our website www.sword-group.com e info@sword-ciboodle.com www.sword-ciboodle.com ukEnG.CS.SBSA_08.09 © Sword Group 2009