{"id":4100,"date":"2020-02-27T16:29:24","date_gmt":"2020-02-27T16:29:24","guid":{"rendered":"https:\/\/dhp.co.uk\/?page_id=4100"},"modified":"2020-02-27T16:33:25","modified_gmt":"2020-02-27T16:33:25","slug":"utilities","status":"publish","type":"page","link":"https:\/\/dhp.co.uk\/clients\/utilities\/","title":{"rendered":"Utilities"},"content":{"rendered":"\n\t

\u201cNexus took a highly complex operation of over 2000 FTE split between the UK and India, and revealed substantial waste and inefficiency that had built up over time. The systems delivered the reporting I needed to get underneath metrics. Fast and accurate turn-round of the work hugely reduced failure demand and 30% of the staff were freed for other activities. The programme paid for itself within months as benefits were achieved ahead of target, and the benefit case exceeded.\u201d<\/p>\n\tPeter Thomas
\nRegional Managing Director – Capita Life and Pensions\n\t

Nexus – Utilities<\/h1>\n\tBack office is the new battlefield to deliver competitive advantage for the forward-looking Utility companies
\nThe rapid adoption of technology, increasing regulation, changing customer behaviour, and operating within tighter margins just to compete are combining to disrupt traditional customer service models.\n

Utilities face a unique set of challenges and their performance is highly tied to the efficiency of the operational process, resource optimisation and transparency of the customer experience. But does the back office measure up to the standards set in competitive markets? Is the back office able to make the differentiation?<\/p>\n

Utility operations seeking to deliver genuine transformation recognise that the back office operations will provide the pivotal role in creating service differentiation and represents the greatest opportunity for reduction in overall operational cost. The back office is the key battleground for the future and those Operations implementing the right back office strategy will be well-positioned and ahead of their competition giving them a competitive advantage.<\/p>\n

Some operations have started their journey to transform their business model to enable them to compete in ever changing environment, often developments are focused on digitally transform how customers interact with the front office. However, less thought and action has been given on how to transform the back office. As the market matures, Utility providers that can streamline the back office and deliver exceptional customer experience at the correct cost will stand out from the crowd.<\/p>\n

In our increasingly digital world, one of the most critical elements of customer experience is speed and accuracy of response. Efficiencies in the back office can help improve this. Whist social media and webchat are on the rise in B2C paper and e-mail are still one of the most important methods for customer communication, particularly in a business to business context.<\/p>\n

In many cases, companies are taking over a week to process and reply to paper and email correspondence. Speeding this process up, will improve existing customer relationships and steal a march on competitors.<\/p>\n

Inefficiencies in the back office in turn impact customer satisfaction and the overall customer experience. dhp experience have proven in previous clients that 20-35% of all transaction volumes in a contact centre are the result of rework, delays, backlogs or execution issues in the back office.<\/p>\n

Every back office is unique. Any programme of improvements must be bespoke. But, by understanding the efficiency gains that can be achieved and the value of an improved customer journey, those service providers \/ utilities implementing the right back office strategy will be well-positioned and ahead of their competition.<\/p>\n\t

For more Nexus information and insight, download one of our case studies.<\/p>\n

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