Wednesday, January 29, 2014

Queue Management Systems Services Provider

Queue Management Systems Services Provider

At a more strategic level the bank was able to determine the Optimum Counter Service mix per branch ie Number of counters offering a particular service. Wait time and service time metrics were used to calculate employee productivity bringing high degree of transparency and promoting an analytic driven culture. The comparative data from OptiQ is sent out every month to all branch heads, motivating them to better their branch performance to higher levels. Team spirit and accountability at branches has shot up, with measurable cost savingssays Mrs. Madhabi Puri Buch Executive DirectorICICI Bank

OptiQ is today the focal point of ICICIs branch banking and has been implemented in more than 700 branches of ICICI Bank in India besides the overseas branches including UK, Canada, Bahrain, Singapore and SriLanka. The next level of OptiQ would involve integration with CRM systems for priority banking services to the banks existing customers while enabling customer service agents to cross sell and upsell products to their current customers.

The branch is as much a service vehicle as it is an effective sales vehicle, Mrs. Madhabi Puri Buch added, while holding fort on the introduction of Dynamic Queue Management Systems DQMS for customers at ICICI Bank branches. Data from DQMS will now form an input for many of the banks initiatives such as productivity and Six Sigma. The data on the number of transactions at each desk per employee will help to calculate employee productivity and determine staffing requirements. Customer wait time and Customer transaction time form valuable Process Quality Information System inputs for Six Sigma certification.

Since 1994, Intellvisions has been committed to developing innovative solutions that help global organizations achieve their most important objectives. generating more revenues while increasing operational efficiency and reducing transaction costs. We serve the most demanding customers known for setting the highest benchmarks in customer service.

Our products stand out for their innovative engineering, longterm value and our proven ability to solve business problems of our customers using imagination and insight. They are built on the foundation of our longestablished industry knowledge in image processing, control electronics and system engineering capabilities. They reflect the creativity of our diverse team of product designers and software specialists.

Organizations in over 11 countries rely on Intellvisions to drive up their operational efficiency, enhance the security of transactions while reducing transaction costs taking their business to a new level of competitive advantage.

OptiQ is a complete branch analytics system that not only manages customer queues in realtime but also provides the management realtime access to performance metrics like customer wait time, average service time and employee efficiency. It provides banks and retail institutions a complete branch transformation tool to prioritize services for their VIP customers while providing them a convenient method to cross sell and upsell their products to waiting customers.

Almost overnight, scenes of customers crowding across teller counters and agitated employees vanished from the banks branches. Customers were no longer anxious about their turn and the branch became a more stress free environment. Existing customers of the bank were given higher priority in the Queue resulting in better customer retention. Having tasted success in its first phase, the bank decided to overhaul its entire operations and logistics across the branches. The Second Phase of OptiQ commenced in 2006 whereby data from individual systems was pooled into a central server.

OptiQs data provided an incisive insight into the working of a branch from average footfalls in a day to service bottlenecks, gaps in staff training and other operational issues. This data was then used by the analytics team in ICICI Bank to restructure its entire operations.

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