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Verint Reimagines Cloud Workforce Management to Deliver World-Class Solution That Meets the Evolving Needs of Customers and Employees

November 18, 2019 GMT

MELVILLE, N.Y.--(BUSINESS WIRE)--Nov 18, 2019--

Effectively managing today’s workforce is crucial for improving customer experience, operational efficiency, and compliance. Yet currently, rising expectations of both customers and employees have made forecasting and scheduling contact center agents and customer engagement resources exponentially more challenging.

To give companies a simpler way to manage work across the enterprise, Verint ® Systems Inc. (Nasdaq: VRNT), The Customer Engagement Company ™, today announced the newest release of its market-leading Workforce Management™ (WFM) solution, which leverages artificial intelligence-infused automation and new mobile tools to streamline forecasting and scheduling and improve employee engagement, all easily accessible via the Verint Cloud.

“The workforce represents up to 80 percent of overall contact center budgets so accurate and cost-effective scheduling is vital,” says Verint’s John Goodson, SVP and general manager, Products. “At the same time, today’s employees demand easier flex scheduling options, so organizations must balance flexibility and cost to provide superior service. As a pioneer in WFM, we view this new release as one that can invigorate the market to meet the ever-changing demands of today’s contact centers and throughout the enterprise.”

The new release of Verint’s WFM solution offers a redesigned, incredibly intuitive, modern, user experience that streamlines scheduling with fewer clicks and screens, making common tasks more efficient for workforce managers and simplifying the path to proficiency for new users. It reduces time and effort, taking into account sick and overtime employees, user skills and multilingual capabilities, time zone variations, employment requirements and service level agreements (SLAs).

“Employee engagement and retaining talent are major concerns for today’s contact centers,” said Paul Stockford, Chief Analyst, Saddletree Research. Research with the NACC, chaired by Stockford, notes that employee engagement is important to 92 percent of the industry. “This sentiment, along with generational preferences, remote workers, gig workers, and multichannel customer service staffing complexities are driving the trending WFM technology refresh. Whether in the cloud or on premises, this Verint WFM release embodies the capabilities needed today to meet the evolving needs of the future.”

Ushering in the next generation of workforce management, these new capabilities empower organizations to support fast, agile scheduling, while balancing worker demands for flexibility with customer demands for exceptional service.

Flexible schedules, empowering technology and telework options are critical to retain highly talented employees in today’s competitive marketplace. Managers need an easy way to schedule the right agents on the right channel at the right time—whether that’s in traditional eight-hour shifts or in increments of mere minutes.

AI-infused automation streamlines decision-making and improves forecast accuracy, taking into account a variety of data points and changes. Enhanced mobile app functionality enables agents to easily swap shifts and make other schedule changes on the fly. Supervisors receive schedule change requests and approve or deny them through the app, providing a simpler way to manage work across the enterprise.

The power of the cloud means this new WFM is easy to scale up and down. And because it can also be deployed on premises, without sacrificing features or flexibility, organizations are able to standardize on a single WFM platform in cloud-ready and non-cloud-ready parts of the business, for both the front- and back-office, and across the globe. A vendor-neutral approach to the contact center ACD and data source integration makes for simplified configuration and deployment.

U-Haul: A Company on the Move Leveraging Verint WFM

U-Haul uses Verint Workforce Management to scale its customer service operations in a cost-effective manner, while enabling U-Haul to become the “employer of choice” via work schedules offering the flexibility to work from zero to 40 hours a week, while working from home.

Verint WFM has improved productivity for managers and agents by simplifying, modernizing and automating its operations—providing auto approvals for 16,000 requests for time off, and 36,000 shift swaps in the last year alone—processes that would have required 30 to 40 Full Time Employee managers to handle manually.

“Our agents work from home, they have obviously busy lives, and they want to be able to balance their work with their life. So the ability to get time off whenever they need it, or the ability to swap a shift with another agent is huge for us. And we use Verint to automate that effort,” said Joel White, Forecasting Manager, U-Haul International.

To learn more about Verint’s Workforce Management solution, click here.

About Verint Systems Inc.

Verint ® (Nasdaq: VRNT) is a global leader in Actionable Intelligence ® solutions with a focus on customer engagement optimization and cyber intelligence. Today, over 10,000 organizations in more than 180 countries—including over 85 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence ® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2019, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2019, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, ACTIONABLE INTELLIGENCE, THE CUSTOMER ENGAGEMENT COMPANY, NEXT IT, FORESEE, OPINIONLAB, KIRAN ANALYTICS, TERROGENCE, SENSECY, CUSTOMER ENGAGEMENT SOLUTIONS, CYBER INTELLIGENCE SOLUTIONS, EDGEVR, RELIANT, VANTAGE, STAR-GATE, SUNTECH, and VIGIA are trademarks or registered trademarks of Verint Systems Inc. or its subsidiaries. Other trademarks mentioned are the property of their respective owners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191118005233/en/

CONTACT: Media Relations

Amy Curry

Verint Systems Inc.

amy.curry@verint.com

Investor Relations

Alan Roden

Verint Systems Inc.

alan.roden@verint.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY HUMAN RESOURCES SOFTWARE CONSULTING

SOURCE: Verint Systems Inc.

Copyright Business Wire 2019.

PUB: 11/18/2019 08:30 AM/DISC: 11/18/2019 08:30 AM

http://www.businesswire.com/news/home/20191118005233/en