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80% reduction in query response time of AP helpdesk

The Client

A leading U.S. Bank

Challenge

  • Large number of account payable queries received at the bank’s helpdesk center
  • Different types of queries received from multiple lines of businesses and vendors
  • Lack of a standard FAQ or quick reference guide leading to longer response time & greater dependency on onshore SME

Solution & Execution

  • Classification of queries of similar nature & their resolutions
  • Smart query allocation based on nature of query
  • Cross trained teams leveraged to manage volume spikes & meet turn-times
  • Creation of standard FAQ/ quick resolution guide for query handling

Value Delivered

  • 80% reduction in query response time
  • Reduced onshore dependency by 30%
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