Credit Union of Colorado Migrates to the Cloud and Adds Calabrio Analytics

An existing Calabrio ONE on-prem customer for seven years, the Credit Union of Colorado in 2019 migrated to Calabrio ONE Cloud, then added Calabrio Analytics to gain deeper insight into different operational aspects of its contact center.

Contact center leaders also wanted to expand existing quality management initiatives and increase the actionability of agent performance information by making it available more than once per month.

Upon implementing the new, custom performance dashboards, agent conformance promptly grew by over 10%—then it reached 80% in January 2020 and 91% by July 2020.

Thanks to the call study, managers discovered that 22% of calls had at least one hold event and an average hold time of 2.54 minutes. They also were able to identify the three most common questions each department received from agents after agents had placed customers on hold. As a result, managers implemented several process improvements—including automating digital pay activations, making loan application statuses readily available online and training agents to collect wire transfer information themselves—they expect will reduce the number of hold events, decrease the average time spent on hold, enable quicker call handling, enhance the member experience and decrease agents’ dependency on other departments.

In addition, the credit union saves an average of $13,600 per year in training time and assessment costs after eliminating insurance licensing for inbound contact center agents.