STOCK TITAN

Five9 Releases New Workforce Optimization Integrations and Enhanced User Experience

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Five9, Inc. (NASDAQ: FIVN) announced new features enhancing its Workforce Optimization (WFO) tools following last year's acquisition of Virtual Observer. The update improves user experiences for agents and supervisors, allowing real-time monitoring, scheduling management, and enhanced analytics. This integration aims to boost productivity and overall customer satisfaction. Five9's EVP noted that these WFO tools enable businesses to manage remote teams more effectively, with one client reporting significant efficiency gains equivalent to needing seven times more agents.

Positive
  • Launch of new WFO features enhances productivity and user experience for agents and supervisors.
  • Real-time monitoring capabilities aid in ensuring call quality and customer satisfaction.
  • Improvements allow businesses to manage remote workforces effectively, leading to operational efficiencies.
Negative
  • None.

Five9, Inc. (NASDAQ: FIVN), a leading provider of the intelligent cloud contact center, today announced a new set of features that more fully help customers realize the value of the Virtual Observer acquisition that Five9 made last year. The new features provide key integrations between Five9 Workforce Optimization (WFO) and the Five9 Intelligent Cloud Contact Center platform.

The integrations will deliver an improved agent and supervisor user experience and provide supervisors with the tools they need to motivate and engage agents wherever they work, as well as get vital reporting and analytics that can help them ensure the overall quality of the customer experience. Agents will benefit from these new capabilities as they will now be able to more effectively manage their time and workload so that they can balance productivity and wellbeing.

“Businesses today are now, more than ever, implementing workforce management and performance tools to ensure quality and consistency with remote workforces,” said Anand Chandrasekaran, EVP of Product Management at Five9. “Customers implementing cloud-based Five9 Workforce Optimization identify opportunities, trends and areas of improvement through our interaction analytics, gamification, reports and helpful coaching tools to ensure exceptional CX. In fact, one customer shared that they would have needed at least seven times as many agents to do the same amount of work they are now able to accomplish by leveraging Five9 WFO.”

Five9 Workforce Optimization capabilities are fully integrated into the Five9 Agent and Supervisor Desktop applications to ensure easy access. With this, supervisors can:

  • Observe their entire team’s desktop activity and monitor voice calls in real time, with the ability to directly intervene if needed to help ensure call quality and optimize the customer experience;
  • View their team’s schedules and adherence, with the ability to manage time off, shift bidding, and swap requests leading to better utilization of team capacity and avoid burnout;
  • Review, edit and evaluate interactions, manage disputes, and view quality results and trends to manage key metrics including handle and hold time and ensure overall customer satisfaction.

Agents can also access Five9 WFO self-service features directly from Five9 Agent Desktop Plus enabling them to:

  • View schedules, adherence, evaluations, and call recordings, helping them manage their workload more effectively;
  • Submit time off, schedule change, and schedule bid requests;
  • Initiate evaluation disputes and receive feedback to help learning and engagement;
  • Receive notification of upcoming schedule events, request approvals, and voluntary time off offers to better manage personal wellbeing.

“Creating a single, engaging experience for agents and supervisors, whether they work remotely or in-house, is crucial for delivering exceptional customer experiences,” said Sheila McGee-Smith, Principal Analyst at McGee-Smith Analytics. “Five9 Workforce Optimization functionality has now become a natural extension of the agent and supervisor desktop - no longer a distinct application that must be accessed and operated separately.”

To learn more about Five9 Workforce Optimization, click here.

About Five9

Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,000 customers worldwide and facilitating more than six billion customer engagements annually. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and practical AI to create more human customer experiences, to engage and empower agents, and deliver tangible business results. Designed to be reliable, secure, compliant, and scalable, the Five9 platform helps contact centers increase productivity, be agile, boost revenue, and create customer trust and loyalty.

For more information, visit www.five9.com.

Engage with us: Twitter, LinkedIn, Facebook, Blog, That's Genius Podcast.

FAQ

What new features has Five9 (FIVN) announced?

Five9 announced new features for its Workforce Optimization (WFO) tools, focusing on enhancing agent and supervisor experiences.

How do the new WFO features benefit Five9 customers?

The new WFO features improve productivity and allow for better management of remote teams through real-time monitoring and analytics.

What impact did Five9's WFO features have on customer operations?

One customer reported that they could accomplish the work equivalent to needing seven times more agents by leveraging Five9's WFO.

When was the Virtual Observer acquisition completed by Five9?

The acquisition of Virtual Observer by Five9 was completed last year.

FIVE9, INC.

NASDAQ:FIVN

FIVN Rankings

FIVN Latest News

FIVN Stock Data

2.25B
74.74M
0.77%
111.42%
10.18%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
SAN RAMON