The alliance, announced yesterday, will see SAP bundle theBackWeb Foundation, the Automated Marketing Encyclopedia,and the Market Intelligence Manager with SAP Sales and SAPService. Market Intelligence Manager--which, like theMarketing Encyclopedia, builds upon the BackWeb Foundation--gathers competitive intelligence about rivals and customersfrom Internet or intranet sites, then delivers theinformation instantly to salespeople and customerrepresentatives in a form tailored for the individual user.The Marketing Encyclopedia likewise gathers internalmarketing and product material and sends it to users so thatthey are aware of changes in strategy or tactics.
The BackWeb applications may provide a needed boost to theSAP CRM applications, which have been widely anticipated bycustomers but have failed to materialize. Analysts say SAPCRM will come out later this year, but with far lessfunctionality than originally anticipated.
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Insurance Providers: Improving Customer Retention through the Contact Center
Customer experience is a big deal for the insurance industry, and doing it right has never been more critical than now. In fact, Nationwide Insurance found that a 1% increase in customer retention increased annual premiums by $1 million. In order to master providing a consistent – and consistently positive – customer experience, insurance companies must rebuild their contact center operations around the customer. The problem? Desktop complexity in the insurance contact center, which is particularly prevalent in the insurance industry. Some insurance companies have more than 20 applications and tools on the desktop. That means that CSRs, who are supposed to provide quality and timely service to customers on each call, end up navigating through dozens of non-integrated applications. The good news is that implementing a unified desktop in the contact center will help insurers overcome all of the above-mentioned challenges, giving the CSR that fully integrated view of each customer. A unified desktop solution is the quickest and most efficient way to improve customer retention while reducing your cost of operations – it’s the insurance policy you need to keep your customers’ business for years to come.

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