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APRS Apropos Technology - Common Shares (MM)

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Share Name Share Symbol Market Type
Apropos Technology - Common Shares (MM) NASDAQ:APRS NASDAQ Common Stock
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Apropos Technology Powers Multi-Channel Contact Center at Arkansas Federal Credit Union; Credit union reduces abandonment rate a

07/06/2005 2:00pm

Business Wire


Apropos (NASDAQ:APRS)
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Arkansas Federal Credit Union, with more than 59,000 members and nearly $400 million in total assets, is using communications management software from Apropos(TM) Technology (NASDAQ:APRS) to enhance its Customer Support Center operations. Apropos has helped the credit union reduce customer abandonment by two-thirds and improve its online support capabilities. On a monthly basis, Arkansas Federal Credit Union (AFCU) handles an average of 35,000 member contacts. Facing an increase in abandoned calls and requiring more comprehensive analysis of its contact center operations, the credit union adopted the Apropos Interaction Management Suite. By taking full advantage of the Apropos solution, including its multi-channel functionality, voicemail self-service and automatic callback options, AFCU has reduced customer abandonment from 15 percent to less than five percent. The software's reporting and tracking capabilities enable AFCU management to analyze the productivity of the Customer Support Center in real-time. Supervisors can now assess which customers are in queue, determine average wait times and make staffing decisions to handle peak call times. They also use Apropos-based reports to monitor and manage contact center costs. "Our ability to provide customers with consistently high levels of service has been vastly improved by making Apropos the 'hub' of our customer support operations," said Craig Savell, executive vice president at Arkansas Federal Credit Union. "By optimizing staffing and redesigning work flow within our contact center, our agents are more productive, eliminating the need to hire additional ones. Even with inbound call volume increasing by 17 percent, Apropos has helped us control expenses, while our agents have generated an additional $40 million in loans." Due to the growing number of AFCU members located overseas, Apropos' Web chat and e-mail functionality have become increasingly important to the organization. In addition to standard phone support, it uses these online channels to maintain and strengthen relationships with customers living outside the United States. Web chat and e-mail enable the credit union to track the progress of customer inquiries and distribute targeted messages more efficiently. "Arkansas Federal Credit Union has clearly demonstrated the effectiveness of having a consolidated approach to multi-channel communications," said John Cray, vice president of products at Apropos Technology. "As AFCU is focused on building true one-to-one relationships with its customers, it understands the value of providing them with a choice in determining how they interact with the organization." About Apropos Technology Apropos Technology, Inc. (NASDAQ:APRS) develops communications management solutions for contact center operations. Apropos solutions are largely used when differentiated levels of service and support are required to effectively service the customer base. Organizations rely on Apropos' solutions to prioritize and intelligently route customers to the right service agent and measure contact center performance as well as enhance business continuity across the enterprise. Apropos solutions integrate with existing CRM systems to manage and archive voice, e-mail, Web chat, VoIP or fax interactions. Founded in 1989, the company serves over 300 clients worldwide from its corporate headquarters in Oakbrook Terrace, IL, and from its European headquarters in the United Kingdom. Additional information about Apropos and its solutions can be found at www.apropos.com. About Arkansas Federal Credit Union Arkansas Federal Credit Union is a member-owned financial cooperative dedicated to being the primary financial institution for all members by providing quality services while maintaining a strong financial foundation. Founded in 1956, the company is headquartered in Jacksonville, AR, and serves nearly 59,000 members worldwide. Additional information about Arkansas Federal Credit Union can be found at http://www.afcu.org/.

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