What is a voicebot? Definition, Pros, and Cons

What is a voicebot? Definition, Pros, and Cons

Is your customer service struggling to keep up with the volume of queries? Efficiency and speed are crucial for customer satisfaction, and voicebots offer a promising solution.

Integrating a voicebot in your call center could potentially boost the productivity of your customer service agents by 59% (Siècle Digital [in French]). Let's explore how this technology could revolutionize customer service and significantly enhance customer satisfaction.

What is a voicebot?

A voicebot, or vocal conversational agent, can speak with customers. Through voice recognition and speech processing technology, voicebots can use natural language to have a vocal exchange with a person.

How does a voicebot work?

Here's how a voicebot (or callbot) would answer a customer inquiry as a voice assistant in a call center:

  1. Input - Receiving the request: Your customer makes a vocal request. The voicebot activates and receives the request.

  2. Automatic speech recognition (ASR): The voicebot converts the audio request into text.

  3. Intent recognition: Once the input has been transcribed, the voicebot understands the content of the request.

  4. Processing the request: The voicebot processes the request (provides information, executes an action, etc.).

  5. Generating a response: The text response is converted into speech (TTS).

  6. Output - Providing the response: The bot generates an audio response for the user using natural language.

This system has a query-handling success rate of 95%.

What are the differences between a voicebot and a chatbot?

Many people confuse voicebots and chatbots. However, there are many differences between these types of conversational agents.

Voicebots

Chatbots

Uses vocal commands (input and output)

Uses text commands (input and output)

Requires more technologies: voice recognition (ASR) and vocal synthesis (TTS).

Can only be used via the Internet or an application.

Often uses conversational artificial intelligence, translating vocal commands to and from text.

Doesn’t necessarily use artificial intelligence, except for the most advanced chatbots.

What are the advantages of a voicebot for customer service?

Response times are significantly reduced

The numbers speak for themselves: a voicebot can respond to a customer's request in less than three seconds, a stark contrast to the 4 hours and 35 minutes it takes for an email and the 1 minute 9 seconds for a call (Observatoire des Services Clients [Customer Service Observatory], BVA, 2022).

Voicebots are accessible 24/7. For example, American Express uses predictive analytics to identify potential customer offers and services based on their spending patterns.

Your customer can access information through a voicebot at any time. They can ask a question and immediately get their answer without any problems. In fact, customer service typically increases by 8% when a voicebot is integrated into a call center.

Personalized customer experience

According to the BVA's Customer Service Observatory (Observatoire des Services Clients) in 2022, 69% of French customers believed customer service encouraged them to buy a product or service. Customer service with a customizable voicebot could make a difference against your competitors!

With the YeldaAI voicebot solution, plenty of modules are available on our platform, allowing you to make your customer experience ultra-personalized to respond to all the highly specific demands of your customers.

Reduced costs for companies

A callbot (or a voicebot) could save an average of 29% of the time, according to a Siècle Digital study. This time gained thanks to a bot could be used to give your staff more time to focus on tasks with a greater value added. This creates a significant reduction in costs for your company.

Voicebots know when to pass the torch to humans

Did you know that a voicebot can handle 50% of queries? Depending on your customer's request, the bot can identify and solve the problem itself or pass it on to a human agent if needed. This can help avoid call center overflow, overwhelming your human agents.

How are voicebots usually used?

A voicebot can be used in multiple ways and personalized to each use case. For example:

  • FAQs: You can import your customers' FAQs, allowing the voicebot to answer them instead of a human agent.

  • Content: You can provide your voicebot with a large array of audiovisual content, like podcasts, streaming services, or other immersive experiences.

  • Customer service: You can delegate common customer requests to your voicebot.

  • E-commerce services: Your voicebot can connect to e-commerce systems to help your customers through the purchasing process.

  • Human Resources Services: Thanks to a voicebot, you can automate hiring processes. Candidates can even apply for jobs over the phone.

  • Lead generation: You can generate leads automatically with games, quizzes, and quotes.

  • Appointment scheduling: Your voicebot can schedule, cancel, or even reschedule appointments and meetings over the phone.

The use cases for voicebots are almost endless. If you’d like to integrate a voicebot into your company, ask us for a demo!

What are the downsides to voicebots?

Like every technological tool, there are some downsides to voicebots. It's important to remember these, especially if you're choosing between a voicebot and a callbot or a voicebot and a chatbot.

Here are the downsides to voicebots:

  • You can't guarantee confidentiality if your customer is in a public space since both the voicebot and the customer will make their requests aloud.

  • If your customer needs someone to actively listen to them and take in a lot of information about various subjects, more than a voicebot is required. In this case, the voicebot must pass the customer on to a human agent.

How do you integrate a voicebot into your company?

To integrate a voicebot, YeldaAI recommends that you follow these steps:

  1. Company objectives and needs: You must clearly define your company's objectives and requirements before implementing a voice assistant. This will help you identify common customer requests and prioritize use cases. You can then develop an effective implementation strategy for your voicebot.

  2. Choose the right supplier: Choose a good supplier for your voicebot. Of all the different solutions, you could choose, for example, our nocode AI voicebot solution platform, which is 100% customizable.

  3. Planning and implementation: The planning phase is crucial for ensuring that the implementation of your voicebot meets your current and long-term needs.

  4. Configure your voicebot: Thanks to YeldaAI's nocode platform, you can personalize your usage scenarios with modules like FAQ management, customer service, HR, marketing, lead generation, and many more.

  5. Test and adjust your voicebot: The testing phase is essential to getting your smart virtual agent operational and ready to satisfy your customers from its first call.

  6. Launch your voicebot: Before launching your voicebot, make sure that you communicate this update to your customers.

  7. Monitoring KPIs and data collection: Use performance indicators and KPIs and evaluate your voicebot's performance and results.

  8. Improve and continuously optimize your voicebot: Just like step 7, regularly collect data and customer feedback about your voicebot.