21 August 2017
Find out more

Liquid Voice releases automated speech transcription service

31 May 2017  |  2383 views  |  0 Source: Liquid Voice

Liquid Voice, one of the leading providers of interaction recording, quality management and analytics, has announced the immediate availability of a new Automated Speech Transcription solution.

Used in conjunction with Liquid Voice’s interaction recording and quality monitoring platforms, it will significantly enhance the ability of contact centres and control rooms to locate and replay stored recordings for a wide range of dispute resolution, compliance, quality management and event reconstruction applications.

According to Andrew Barrett, Technical Director of Liquid Voice: “We are very excited about being first to market with an Automated Speech Transcription solution that is cost effective to deploy and actually does what it says on the tin. It has been successfully tested against similar technologies and delivers class-leading levels of accuracy making it a viable solution for organisations of every size to enhance the customer experience whilst achieving a rapid ROI. The system will also help organisations to comply with the stringent GDPR standards that become mandatory in May 2018.”

Liquid Voice’s ground-breaking Automated Speech Transcription solution enables recordings to be searched for any word or phrase and allows the results to be viewed in seconds, eliminating the limitations of traditional phonetic-based systems. Search results, which can include inbound/outbound calls, emails, SMS and letters sent to customers, are ranked by relevance and displayed as text summaries with search words automatically highlighted. This provides greater granularity and more detailed contextual insights into interactions across multiple channels without the limitations of previous generation systems that held back the uptake of this technology.

Recordings are automatically transcribed with different speakers colour coded enabling users to quickly and easily identify sections of interest without having to manually listen to entire recordings or search for the relevant parts. This can make the review process many times faster than traditional manual methods. Users can click on particular words or phrases in the transcript to start playback at that point or listen to the whole recording. Clicking on any particular recording instantly locates other similar interactions. Liquid Voice provides an option for compliance and quality assessment forms to be auto-completed for validation by reviewers.

“Automated Speech Transcription also makes 100% quality monitoring realistically achievable by enabling organisations to focus on outliers rather than just taking an average view. This provides the fullest picture of contact centre performance and revolutionises the way that contact centres can acquire and use speech technologies to improve customer satisfaction at every touchpoint,” added Chris Berry, Managing Director of Liquid Voice (UK).

This new generation solution fully integrates into the Liquid Voice platform or can be specified as a stand-alone application for use with any of the market’s other leading interaction recording brands. It can be cost-effectively deployed on a monthly subscription basis according to the number of agents or hours of recordings reviewed, providing greater flexibility and eliminating the need for high upfront capital expenditure.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.vasco.comdownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11593 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9878 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9678 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9391 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9341 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job