Pegasystems Smart Adjust 4.1 Pegasystems released PegaBANKING Smart Adjust 4.1, a retail banking cross-payment platform for automating payment exception handling. Addressing exceptions in check, ACH, debit card, ATM and other areas, Smart Adjust 4.1 allows customers to manage payment exceptions with a single solution, lowering the cost of handling non-standard transactions of any payment type. New features include the ability to process substitute checks and automate handling of ACH disputes.
Avaya Announces New Communications Applications To Enhance Customer Service Avaya announced new releases of its unified communication and contact center solutions, which deliver self-service functionalities across an organization through speech-enabled applications. Avaya Unified Communication Center -- which enables users to initiate conference calls and manage e-mails, voicemails and calendars using speech -- extends its availability to a greater number of enterprise users. Avaya Interactive Response, an automated self-service solution for enterprises of all sizes, broadens its international reach with speech-recognition capabilities for an expanded number of languages.
Voice Print Unveils Activ! Insight Voice Print International unveiled Activ! Insight - a speech recognition and call mining application. Activ! Insight provides marketplace intelligence that enables organizations to take advantage of emerging opportunities, while reducing operational costs and managing risk.
Economist Intelligence Unit Survey Finds Many Organizations Lack Visibility To Process And Control FileNet Corporation has announced the availability of new research that takes an in-depth view into business process management practices in more than 100 enterprise organizations. The study shows a lack of corporate visibility to business processes and high risk factors that include non-compliance and customer dissatisfaction. The Economist Intelligence Unit, a United Kingdom-based leading provider of country, industry and management analysis, conducted the study.
Communications Data Services Increases Call Center Revenues with E.piphany E.piphany announced that Communications Data Services (CDS) has realized significant return on investment through use of E.piphany CRM solutions. Using E.piphany Interaction Advisor in its call centers allows CDS service agents to deliver targeted cross-sell, up-sell and loyalty offers after handling customer service requests. The program has generated $3.5 million in incremental CDS client sales since its inception.
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Five dirty little secrets of CRM
Everything is not as it seems, particularly in the world of CRM.
With all the well-publicized stories of failure, the vendor-sponsored studies that show the critical importance of the vendor's products and boastful claims about CRM, it can be easy to get misled. SearchCRM.com asked several analysts to weigh in on some of the misconceptions they've seen or heard from clients and vendors. Here are a few of CRM's "dirty secrets."
(SearchCRM.com)
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Archive of past Required Reading articles |
Courion Presents Executive Briefing Courion announced that it has partnered with Unisys to present an executive breakfast briefing titled, "Assessing and Managing Risk to Meet HIPAA Requirements." The session will feature Children's Hospital Boston's Chief Information Security Officer and Director of IS, Paul Scheib, and Premera Blue Cross' Manager of Information Systems Security and Senior Security Architect, Laurie Leer. The invitation-only event will highlight each organization's process for identifying areas of risk and evaluating solutions that solidly addressed compliance requirements while increasing operational efficiencies. The hour-long briefing will be held on September 28 at 7:30 am at the Boston Marriott Copley Place. (about Courion)
Performix Hires New CEO Performix Technologies has appointed Bill Mahoney, previously of Excelergy and SCT, as CEO. Mahoney joins the company with a strong track record in spearheading expansion into new market sectors and takes over from Cathal McGloin who has led the company since its foundation in 1998. Cathal has taken the company to its current market leading position, most recently securing a $10m funding round that is speeding the company's growth and expansion beyond the contact center into other highly employee-dependent business areas such as back office and business processing. Cathal McGloin leaves the company to pursue new ventures.
Softrax Licenses Pervasive Business Integrator Pervasive Software announced it is the integration vendor of choice for Softrax. Softrax has chosen Pervasive Business Integrator to help integrate and accelerate revenue and billing processes for its XML-based (eXtensible Markup Language) Revenue Management system.
MapInfo And MicroStrategy Deliver Location-Enabled Business Intelligence MicroStrategy Incorporated announced a new alliance with MapInfo. The solution integrates MapInfo's sophisticated geographic querying and visualization capabilities with MicroStrategy's business intelligence (BI) platform, and allows organizations to efficiently monitor, report and analyze their enterprise data.
SAP Launches Global Support Center in China SAP announced the opening of its new SAP Global Support Center (GSC) in Dalian, China, expanding the reach of SAP's worldwide support network. The GSC China will become the primary hub for delivering services and support to SAP customers in Asia Pacific countries including China, Japan and Korea. More than 4,200 SAP customers throughout the Asia Pacific region will benefit from a highly skilled workforce providing support in the customers' native language.
Pervasive Software Introduces Initiative Pervasive Software announced it will launch an initiative to "Take Costs Out" of integration for midsize businesses at the upcoming Gartner Midsize Enterprise Summit September 19-22nd in San Diego, California. Pervasive is redefining TCO from "total cost of ownership" to "take cost out," by providing IT executives with cost-effective solutions to the challenges and pitfalls of data integration.
Scribe Helps Keane Find Relief Scribe Software announced its success in supporting the complex integration needs between Microsoft CRM and Great Plains for its customer, Keane. Keane was replacing a 15 year old DOS application with Microsoft CRM to manage customer information. With their old system, Keane had islands of data in disparate systems which were not accessible by their sales team. As part of their Microsoft CRM rollout, a critical priority was to deliver a more integrated front office to back office solution, utilizing their data in Great Plains to create an integrated customer view in their new Microsoft CRM application. By delivering this integrated capability, Keane could leverage the new Microsoft CRM system to sell more and serve customers better.
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