HoduSoft

  Microfinance institutions (MFIs), similar to other businesses in the finance sector, experience high call volumes. Various factors are responsible for that. Some of those are loan inquiries, financial emergencies, service requests, repayment needs, and more. To manage the incoming call volumes, MFIs must leverage the right solution. One such sophisticated solution is HoduCC call center software , that has helped many MFIs streamline their customer service operations. This article discusses how HoduCC helps microfinance firms manage high call volumes effectively. 1. Multi-level IVR HoduCC's multi-level Interactive Voice Response (IVR) system responds to the incoming calls by providing a menu and multiple options. It enables callers to select their preferred language, the department they want to speak with, and more such options. After that, it routes the calls to the right agents. 2. Smart Routing HoduCC call center software is loaded with a wide array of smart routing features. ...

  Banking has changed, and so have the customer expectations. Customers no longer believe in just waiting around. They expect 24*7 support from you, seamless service across every channel, and answers in minutes, not hours. Customer experience in banking is so important that 73% of customers will switch to your competitors after a few bad experiences. Poor communication is a multi-billion-dollar problem in banking. Yet, fixing it should be the #1 priority for financial institutions. Bad customer experience (CX) not only frustrates your customer but also damages your brand reputation, which results in customer churn.  Continue reading to learn what the possibilities are when CX in banking is being ignored and how to ensure that your customers stay happy.     Poor Communication in Banks Costs You More Than You Think. Let’s look at a common scenario: Your customer is stuck somewhere overseas. They can’t access their mobile banking app, and their debit card is ...

  If you receive more than 500 inquiries pouring in from multiple channels, then you may think that hiring more agents will help you address all the queries in an efficient manner. But what if you could manage all the inquiries efficiently without expanding your team? Surprised? You shouldn't be. The secret lies in deploying a robust, scalable call center software specifically designed for high-volume customer interactions. This article explores what it takes to manage a considerable number of property inquiries without hiring more agents. Read on and you would be delighted to do so. Call Center Solutions for High-Volume Call Handling Modern call center software solutions are designed to handle massive volumes of inquiries and calls. Using those, businesses can scale their operations without the proportional increase in headcount or infrastructure costs. Advanced call center solutions, whether deployed on-premise or over cloud, empower real estate businesses to handle massive inq...

  Microfinance institutions (MFIs) play a vital role in promoting financial inclusion by providing essential financial services to the unbanked populations. However, one of the most persistent challenges they face is communication barriers, which prevent customers from fully engaging with the services available to them.  The barriers can be overcome by creating a seamless communication ecosystem across multiple channels. Leveraging omnichannel solutions is a good way to go about it. Here are some ways omnichannel support helps MFIs overcome communication challenges: 1. Reaching Out to Diverse Customer Segments Not all customers have access to smartphones or internet-based services. Omnichannel support allows MFIs to connect through multiple communication methods such as SMS, voice calls, WhatsApp, mobile apps, and physical service centers. This ensures that both digitally connected and offline users can interact with microfinance services in a way that suits them best. 2. Supp...