Author Archives: Adam Kaiser

The New Nonprofit

April 20th, 2012 | Posted by Adam Kaiser in Use Cases | Video Conferencing - (0 Comments)

Nonprofit organizations are essential to the U.S. economy, contributing 5.4% to the GDP. According to the National Center for Charitable Statistics, there are over 1.5 million nonprofit organizations based in the United States, each with its own unique mission. Like publicly traded or for-profit entities, the bottom line for nonprofits is the same: the organization must operate with optimal efficiency and achieve its stated goals with the highest return to the stakeholders.

To achieve its goals, a nonprofit must address the following challenges that are often present:

  • Locating sources of funding.
  • Marketing the mission and what the nonprofit stands for.
  • Unifying geographically dispersed stakeholders within the organization.
  • Reducing travel related time and costs.

One way to effectively address these issues is with unified communications (UC) and visual collaboration solutions. UC technology combined with cloud-based services can provide nonprofits with the tools they need to communicate effectively, increase the productivity of the staff, and get their message out to more people, all while reducing travel related time and expenses.

Now that the benefits of UC solutions can be enjoyed without the upfront capital expenditures that had been prohibitive for many nonprofit organizations in the past, there has never been a better time for nonprofits to implement these systems to help reach their mission and further their cause.

The finance industry, now recovering from the worst crisis it has faced in decades, still faces challenges that must be addressed in order to ensure stability into the future. Banks and other financial institutions are restoring consumer confidence by cutting business costs, implementing processes to become more efficient, restructuring and consolidating distributed work forces, and undergoing reorganization efforts.

IT divisions of banks are embracing leading edge technology, including unified communication (UC) solutions, as part of the effort to address many of these challenges. UC systems utilize integrated visual collaboration, audio conferencing and data sharing capabilities to improve communication among remote parties. UC solutions are prevalent within the finance industry and are used to improve:

  • Customer service and support:  Bank customers who visit branch locations are provided access to services and subject matter experts that may only be available at headquarter locations. Support is provided in real-time, with face-to-face transactions that create a collaborative environment.  As a result, the branch is turned into a robust sales channel that is more responsive and able to offer additional products and services.
  • Internal communication and productivity: Video and UC solutions improve and streamline internal communication by establishing a more personal connection among employees in disparate branch and office locations; when information is shared readily and easily, the level of productivity is increased and bank profitability is improved.
  • Corporate training: Video conferencing and streaming facilitates new hire training and education on new financial vehicles by providing consistent information to all participants, at one time, regardless of location. Video reduces the costs associated with transporting training personnel to locations on site; users can receive training sessions delivered via desk top and mobile applications. Sessions can be recorded and archived for later viewing.
  • Recruiting and retaining talent: Video assists the screening process by reducing the need to meet with remote candidates in-person for initial interviews; video provides enough clarity to aid the decision making process and determine who moves on to the next round. Additionally, by creating an efficient and productive environment, video and UC solutions help financial institutions build their reputations within the industry, which works to retain top talent.

Visual collaboration technology, when combined with cloud-based managed services, creates a meeting experience so realistic, bank customers and employees will instantly feel as though they are participating in an-person meeting or training session.

On March 29th, IVCi hosted a webinar presented by Aberdeen that focused on understanding the true business benefits of video conferencing and visual collaboration as well as how small to medium business have embraced this technology. Hyoun Park, analyst, offered some compelling data about how SMB organizations have been able to derive significant ROI from their investment and driving usage and adoption.

WEBINAR RECORDING:

SLIDES PRESENTED: 

Your company probably ranks its ability to deliver outstanding customer service as an essential part of the business. But how likely is it that your clients are actually experiencing the level of customer service that you want to them to receive? If you are interested in transforming an average customer service experience into a truly exceptional interaction that customers will remember (and keep them coming back), consider implementing a visual collaboration system as part of a unified communications (UC) solution.

UC solutions, including video conferencing applications, facilitate face-to-face communication by creating life-like, virtual meetings, and can be an effective way to improve the interactions clients have with your customer service and sales teams. Video can instantly improve the customer service experience in many ways, including:

  • A more personal interaction with help desk and customer call center personnel, resulting in quicker problem resolution time and enhanced trouble-shooting.
  • Access to subject matter experts who can better address technical and product related questions.
  • Efficient training of customer service and sales teams, resulting in more informed discussions with customers.

Visual collaboration technology, when combined with cloud-based managed services, creates a meeting experience so realistic, your customers will instantly feel as though they are in the same room with the service agent or sales rep. The resulting interactions will blow away the competition, who is most likely using audio-only conferencing and is therefore lacking the in-person benefits properly implemented video technology provides.

Video Conferencing adoption continues to accelerate at an amazing pace and organizations throughout the world are taking advantage of this technology to save costs, streamline their business operations, and bring remote teams together like never before. Previous, however, video conferencing was limited to larger organizations with greater budgets and more staff to manage it.  Now as the technology has simplified and the costs associated with getting started have lowered, small to medium businesses can now enjoy these same visual collaboration technologies.

Join Aberdeen Analyst Hyoun Park and IVCi on March 29th at 2 PM Eastern at a webinar that will show you how small and mid-sized organizations successfully defined, identified, and achieved ROI on video.

In this webinar, we will ask a few key questions including:

  • How are room-based, PC-based, and mobile video solutions being used?
  • What is more important for a video conferencing deployment that provides value: purchasing technology or building culture?
  • What is the best way to cut travel costs and take advantage of video?

Sign up today!

Video Conferencing for Business Success – The SMB Guide to Video Conferencing
[Click here to Register]
Date: Thursday, March 29, 2012
Time: 2:00 PM EDT (US)