church and crawford sells its solution to a middle eastern insurance company, reports xtremepicks
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8/2/2019 Church and Crawford Sells Its Solution to a Middle Eastern Insurance Company, Reports Xtremepicks
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ChurchandCrawfordSellsItsSolutiontoaMiddleEasternInsuranceCompany,ReportsXtremepicks
ChurchandCrawford,Inc.(OTC:CCWF)canconfirmtodaythatitsSystemIntegrator,KalsofthassigneditsfirstcommercialdealwithatopMiddleEasternInsurancecompany.
BelizeCity,Belize,March31,2012--TheclosingagreementbetweenChurchandCrawford,Inc.andtheInsuranceCompanywasbasedonthetransactionmodelaspreviouslysetoutbybothcompanies.ChurchandCrawfordwillbesharing60%revenuewithitssystemintegratorpartnerwiththeminimumanticipatedrevenuefromthisdealtobeintheregionof$1millionUSD.ChurchandCrawfordislookingtorealisethisin2012.
Thedealwillcoveraninitialtrialofanalreadyidentifiedtestbasefromwithinthecompanyandselectedcustomerbase.Thetrialisexpectedtolastaperiodof12weeks,startingthesecondweekofApril2012.DuringthetrialtheSystemIntegrator,Kalsoft,willbeintegratingtheirexistingGenesys(http://www.genesyslab.com/)CTIsolutionwiththeEMPS+tocreateatrueendtoendmobiletocustomersolution.TheintegrationisexpectedtocoveroffkeyintegrationaspectsintootherthirdpartyWorkForceManagement(WFM)andcallrecordingsolutions.
AcommentfromChurchandCrawford,Inc.
WearepleasedtohavebeenselectedbyaprominentInsurancecompanytorolloutourEMPS+solutionacrosstheirglobalcustomerbase.Theseareexcitingtimesforustobeabletoofferasolutiontotoday`sincreasingdemandforfasterresponseandendusersatisfactionfromcallcentres,withcallsintocallcentrescostingupto$10percalltheOrexissolutionwilloffersignificantsavingstonotonlytoourcurrentannouncementbutallcustomersseekingtoreducecallcentreexpenses.With9%of1millioncallspermonthredirectedtotheOrexissolutiontheimmediatesavingsarebetween$400,000-$800,000inthefirstmonthforclientsofChurchandCrawfordstatedCEOSeijinKiofChurchCrawford.Mr.KigoesontostateWeareconfidentthecompanyistakingtherightapproachasbackedbythefollowingcommentsfromournewpartner.
AcommentfromtheInsuranceCompany
Thissolutionhastakenourboard,technologyteamandmostimportantlybusinesschampionsbysurprise.Withmanytechnologiesoutinthemarket,thiswasclearlyrecognisedasasimple,easy,modernandforthefirsttimeadirectrevenuegeneratingsolution.Ourparentcompanyislookingverycloselyatthissolutionandwithacombinedcustomerbaseofover10millionthiscouldprovetobeacriticalsolutionthatwillenableourfuturestrategicadvantageoverourcompetitors.Wearealllookingforwardtoitsimplementation.
Likeanymajorpre-announcement,thecompanybasedinJordanhasrequestedanonymityuntilthetrialphaseiscompleted.HoweverChurchandCrawfordisabletoannouncethesaleandtheanticipatedrevenuefromthisdeal.
Withthesigningofthisagreementitisexpectedthatwithanaveragecallvolumebeinginexcessof1million+callspermonth,theChurchandCrawfordsolutionisexpectedtoreducethenumberofcallsintothecontactcentrebyupto8%withinthefirst6monthsofgo-live.Thisfigureisanticipatedtoriseto10+%oncetheintegrationhasbeenrolledouttoitsglobalcustomerbase.TheimmediateareaofsavingsforthecompanyusingtheChurchandCrawfordsolutionsoftwarewillbeattheIVRlevel.Thecompanywillbeabletoleveragethemulti-lingualchatfacilitytoreachpreviouslyuntappedorpoorlyservicedmarkets.Thecompanyhascommentedthatthisisthefirsttimethattheyhavebeenableto
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8/2/2019 Church and Crawford Sells Its Solution to a Middle Eastern Insurance Company, Reports Xtremepicks
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extendtheircustomerexperiencetoitscustomerbase.
Aswithitsfirstpilotdeal,ChurchandCrawfordworkedclosedwiththeSystemIntegratorinprovidingthemobilecontactstrategyandidentifyingkeyareasofimprovementandrevenuefromtheirproprietarycuttingedgemobileadssoftware.
TheEMPS+solutionhasbeendevelopedforcompanieswhoneedacosteffectivechanneltointeractwiththeircustomers.EMPS+isastandaloneend-to-endsolutionprovidingaplatformforcustomerinteractionwhiledeliveringcuttingedgemobileadvertisement.ItalsointegratesintoexistingComputerTelephony(CTI)solutionstoprovideimmediateandextensivecostsavings.
AboutChurch&CrawfordChurch&Crawford(OTC:CCWF)isaleadingproviderofMobileToCompanyIntegration(MTCI)intheMiddleEast.Ourofferingreducescallcentrecostsupto60%.Church&CrawfordisinpositiontorevolutionizethecallcentremarketintheMiddleEast.
TheChurch&Crawfordsolutionisacosteffectiveplatformsolutionconsistingofmodulesthatprovidetheflexibility,scalabilityandreliabilitytorapidlydeploymobileInteractiveVoiceResponseapplicationstostreamlineyourcallcentre.Church&CrawfordprovidescompanieswithadvancedIVRsolutionsbyprovidingacustomized,featurerichapplicationthatsimplifiesyourcallcentreneed
s.Church&Crawfordofferssavingstotheorganizationandconveniencetotheenduser.
Church&Crawfordisacontactcentresolutionthathelpsyou:
Increasefirstcallresolution.Improvecustomersatisfaction.Decreasetalktimes.Reducecallcentrecosts.
Combiningefficiency,customerserviceandmobilemarketing,Church&Crawfordstechnologyisafirstofitskind.
Keepyoureyespeeledforthelatestupdatesonourtwitterpage,facebookpage,andourwebsiteathttp://www.xtremepicks.com.
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